Miss. Code. tit. 30, pt. 1, ch. 10

Current through October 31, 2024

Chapter 10 - Definitions

Attest - means providing the following services:

(1) Any audit or other engagement to be performed in accordance with the Statements on Auditing Standards (SAS);

(2) any review of a financial statement to be performed in accordance with the Statements on Standards for Accounting and Review Services (SSARS);

(3) any examination of prospective financial information to be performed in accordance with the Statements on Standards for Attestation Engagements (SSAE);

(4) any engagement to be performed in accordance with the Auditing Standards of the Public Company Accounting Oversight Board (PCAOB); and

(5) any examination, review or agreed upon procedures engagement to be performed in accordance with the SSAE, other than an examination described in number (3) above.

Resident manager - a CPA designated by a firm to be responsible for an office location and its compliance with the act and the Rules and Regulations of the Board. The CPA must reside in Mississippi and hold a current license to practice public accountancy in Mississippi. Exempted from the requirement of Mississippi residency is a resident manager who spends a majority of his or her work year on-site in the Mississippi offices for which the licensee is the firm resident manager. The exemption is intended to address licensees residing outside of Mississippi but are able to commute to the Mississippi offices for which the licensee is the firm resident manager on a routine and regular basis.

CPA LICENSE

Annual and initial registration	$100
Late fee	150
Processing fees:
Mississippi initial application	100
Reciprocal initial application	100
Reinstatement of license	200
Transfer of status to/from another State Board	50
Replacement certificate of licensure	100
Background screening fees	Cost of Background Check

Holding out as a CPA or CPA firm - any representation that a person holds a CPA certificate or license or that an entity holds a CPA firm permit to practice public accounting. Any such representation is presumed to invite the public to rely upon the professional skills implied by the title, license or permit. A representation includes a verbal, written, or electronic communication.

Miss. Code. tit. 30, pt. 1, ch. 10

Miss. Code Ann. § 73- 33-5 (f)

Amended 1/1/2015

Amended 10/16/2016