Administrative Code

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Virginia Administrative Code
Title 18. Professional and Occupational Licensing
Agency 5. Board of Accountancy
Chapter 22. Board of Accountancy Regulations
4/28/2017

18VAC5-22-50. Determining Whether the Principal Place of Business of a Person Using the Cpa Title, or of a Firm, Is in Virginia.

Complying with subdivision A 1 of § 54.1-4409.1, subsection B of § 54.1-4411, or subsection B of § 54.1-4412.1 of the Code of Virginia requires the person or firm to use reasonable judgment in determining whether Virginia is the principal place of business in which the person provides services to the public using the CPA title or the firm provides attest services or compilation services. The determination shall be reasonable considering the facts and circumstances and can be based on quantitative or qualitative assessments. The determination shall be reconsidered for changes in facts and circumstances that are not temporary.

Statutory Authority

§§ 54.1-4402 and 54.1-4403 of the Code of Virginia.

Historical Notes

Derived from Volume 26, Issue 24, eff. September 16, 2010.

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