Indiana Code
Title 25. Professions and Occupations
Article 2.1. Accountants

Chapter 1. Title and Definitions

25-2.1-1-1. Short Title - Sec. 1. This article may be cited as "the accountancy...

25-2.1-1-2. Applicability of Definitions - Sec. 2. The definitions of this chapter apply throughout this...

25-2.1-1-3. "Accounting Practitioner" - Sec. 3. "Accounting practitioner" means a person certified under IC...

25-2.1-1-3.3. "Aicpa" - Sec. 3.3. "AICPA" refers to the American Institute of Certified...

25-2.1-1-3.8. "Attest" - Sec. 3.8. "Attest" means to provide any of the following...

25-2.1-1-4. "Board" - Sec. 4. "Board" means the Indiana board of accountancy established...

25-2.1-1-5. "Certificate" - Sec. 5. "Certificate" means: (1) a certificate for a certified...

25-2.1-1-6. "Client" - Sec. 6. "Client" means an individual or entity retaining a...

25-2.1-1-6.2. "Competency Based Learning" - Sec. 6.2. "Competency based learning" refers to systems of instruction,...

25-2.1-1-6.3. "Compilation" - Sec. 6.3. "Compilation" means providing a service to be performed...

25-2.1-1-6.5. "Cpa" - Sec. 6.5. "CPA" means a certified public accountant. As added...

25-2.1-1-7. "Firm" - Sec. 7. "Firm" means a proprietorship, a general business corporation,...

25-2.1-1-7.5. Repealed - As added by P.L.30-2017, SEC.2. Repealed by P.L.57-2019, SEC.2.

25-2.1-1-8. "Licensee" - Sec. 8. "Licensee" means the holder of: (1) a certificate;...

25-2.1-1-8.5. "Pa" - Sec. 8.5. "PA" means a public accountant. As added by...

25-2.1-1-8.7. "Peer Review" - Sec. 8.7. (a) "Peer review" means a study, an appraisal,...

25-2.1-1-9. "Permit" - Sec. 9. "Permit" means a permit to practice accountancy as...

25-2.1-1-10. "Practice of Accountancy" - Sec. 10. (a) "Practice of accountancy" means the performance or...

25-2.1-1-10.3. "Professional" - Sec. 10.3. "Professional" means the following: (1) For a certified...

25-2.1-1-10.5. "Program of Learning" - Sec. 10.5. "Program of learning" refers to a collection of...

25-2.1-1-11. "Public Accountant" - Sec. 11. "Public accountant" means an individual certified by the...

25-2.1-1-13. "Report" - Sec. 13. (a) "Report", when used with reference to any...

25-2.1-1-14. "State" - Sec. 14. "State" means a state of the United States,...

25-2.1-1-15. "Substantial Equivalency" - Sec. 15. "Substantial equivalency" means a determination by the board...

Chapter 2. State Board of Accountancy

25-2.1-2-1. Establishment of Board - Sec. 1. The Indiana board of accountancy is established. As...

25-2.1-2-2. Enforcement Responsibilities - Sec. 2. The board is responsible for the administration and...

25-2.1-2-3. Membership of Board; Qualifications - Sec. 3. (a) The board consists of five (5) members...

25-2.1-2-4. Terms - Sec. 4. (a) A member of the board appointed before...

25-2.1-2-5. Removal - Sec. 5. A member of the board may be removed...

25-2.1-2-6. Chairman; Officers - Sec. 6. (a) Each year the board shall elect a...

25-2.1-2-7. Meetings - Sec. 7. The board shall meet at times and places...

25-2.1-2-8. Quorum - Sec. 8. A quorum of the board consists of a...

25-2.1-2-9. Seal - Sec. 9. The board shall adopt and use an official...

25-2.1-2-10. Compensation and Reimbursements - Sec. 10. Each member of the board who is not...

25-2.1-2-11. Document Retention and Registries; Admissibility of Records - Sec. 11. (a) The board shall: (1) retain or arrange...

25-2.1-2-12. Deposit and Accounting for Fees - Sec. 12. (a) Fees collected by the board shall be...

25-2.1-2-13. Appointment of Enforcement Personnel - Sec. 13. The board may appoint committees or individuals to...

25-2.1-2-14. Actions and Proceedings; Judicial Powers - Sec. 14. The board may: (1) sue and be sued...

25-2.1-2-15. Adoption of Rules - Sec. 15. The board may adopt rules under IC 4-22-2...

25-2.1-2-16. Rules; Professional Standards - Sec. 16. (a) The board may adopt a rule under...

Chapter 3. Certified Public Accountant

25-2.1-3-1. Qualification for Certificate - Sec. 1. The board shall issue a CPA certificate to...

25-2.1-3-2. Examination; Qualifications; Education Requirement - Sec. 2. (a) A first time examination candidate must have...

25-2.1-3-3. Examination; Contents - Sec. 3. The examination under section 5 of this chapter...

25-2.1-3-4. Time of Holding Examinations - Sec. 4. (a) The board shall determine when to hold...

25-2.1-3-5. Use of Standardized Test; Contracting for Administration of Examination - Sec. 5. The board may: (1) use any part of...

25-2.1-3-6. Repealed - As added by P.L.30-1993, SEC.7. Amended by P.L.128-2001, SEC.20. Repealed...

25-2.1-3-7. Examination in Another State; Partial Credit - Sec. 7. A candidate shall retain credit for each test...

25-2.1-3-8. Examination; Waiver; Conditional Credit - Sec. 8. If the candidate can show that credit was...

25-2.1-3-9. Examination; Fee - Sec. 9. The board may charge, or provide for a...

25-2.1-3-10. Qualifications; Experience Requirement - Sec. 10. An applicant for the initial issuance of a...

25-2.1-3-11. Advanced Degree Instead of Accountancy Experience Requirement - Sec. 11. An advanced degree in accounting or business administration...

25-2.1-3-12. Good Character Requirement - Sec. 12. (a) The board may refuse to grant a...

Chapter 4. Certificates

25-2.1-4-1. Renewal of Certificate - Sec. 1. The board shall renew a certificate issued under:...

25-2.1-4-2. Expiration Date of Certificate - Sec. 2. (a) Subject to IC 25-1-2-6(e), an initial and...

25-2.1-4-3. Form and Time of Application; Time for Grant or Denial; Temporary Certificates - Sec. 3. (a) An application for a certificate must be...

25-2.1-4-4. Applicants From Other States; Requirements - Sec. 4. (a) The board shall issue a CPA certificate...

25-2.1-4-5. Continuing Education; Renewal Requirements; Inactive and Retired Status - Sec. 5. (a) Except as provided in subsection (d), to...

25-2.1-4-6. Fees - Sec. 6. The board shall establish fees under IC 25-1-8-2....

25-2.1-4-7. Applicant Information on Foreign State Jurisdiction Licensures and Suspensions; Duty to Provide - Sec. 7. An applicant for initial issuance or renewal of...

25-2.1-4-8. Foreign Nation Accountancy Designation; Requirements for State Licensure - Sec. 8. The board shall issue a CPA certificate to...

25-2.1-4-9. Applicant Information on Foreign Accountancy Designation to Practice or Suspension From Practice; Duty to Provide - Sec. 9. An applicant for initial issuance or renewal of...

25-2.1-4-10. Certification or Permit Not Required for Cpa Certificate Holders From Other States; Conditions - Sec. 10. (a) An individual: (1) whose principal place of...

Chapter 5. Permits for Firms

25-2.1-5-1. Grant of Permit or Renewal - Sec. 1. The board shall grant or renew a permit...

25-2.1-5-2. Expiration of Renewal - Sec. 2. An initial and renewed permit expires at the...

25-2.1-5-3. Form and Time for Application; Grant or Denial; Temporary Permit - Sec. 3. (a) An application for a permit must be...

25-2.1-5-4. Application for Initial Permit; Demonstration of Firm Member Qualifications - Sec. 4. (a) An applicant for initial issuance or renewal...

25-2.1-5-5. Application for Initial Permit; Registration of Separate Offices Run by Qualified Person - Sec. 5. (a) An applicant for initial issuance or renewal...

25-2.1-5-6. Fees - Sec. 6. The board shall establish fees under IC 25-1-8-2....

25-2.1-5-7. Information as to Other Jurisdictions Where Applicant Practices; Notice of Changes in Practice or Suspension of Members - Sec. 7. (a) An applicant for initial issuance or renewal...

25-2.1-5-8. Rules Requiring Peer Review Before Renewal - Sec. 8. (a) The board shall adopt rules that require...

25-2.1-5-9. Peer Review; Confidentiality of Records - Sec. 9. (a) Notwithstanding section 8(b)(5)(B) of this chapter, information,...

Chapter 6. Accounting Practitioners

25-2.1-6-1. Repealed - As added by P.L.30-1993, SEC.7. Amended by P.L.128-2001, SEC.34. Repealed...

25-2.1-6-2. Repealed - As added by P.L.30-1993, SEC.7. Amended by P.L.128-2001, SEC.35. Repealed...

25-2.1-6-3. Repealed - As added by P.L.30-1993, SEC.7. Repealed by P.L.190-2007, SEC.16.

25-2.1-6-4. Repealed - As added by P.L.30-1993, SEC.7. Repealed by P.L.190-2007, SEC.16.

25-2.1-6-4.5. No New Certificates; Renewal of Certificate Held Before July 1, 2007 - Sec. 4.5. (a) The board may not issue a certificate...

25-2.1-6-5. Use of Title "Accounting Practitioner" - Sec. 5. An individual who is registered with the board...

25-2.1-6-6. Practice of Accounting Practitioners as Firm - Sec. 6. A firm engaged in Indiana in the practice...

25-2.1-6-7. Verification of Application for Firm Registration; Notice of Membership Changes - Sec. 7. (a) An application for registration must be verified...

25-2.1-6-8. Issuance or Renewal of Permit to Firm - Sec. 8. (a) The board shall issue or renew a...

Chapter 7. Appointment of Agent

25-2.1-7-1. Appointment of Secretary of State as Process Agent - Sec. 1. An application by an individual or a firm...

Chapter 8. Enforcement

25-2.1-8-1. Sanctions and Disciplinary Action; Investigating Complaints - Sec. 1. (a) The board may impose sanctions for any...

25-2.1-8-2. Quality Review and Continuing Professional Education Requirements in Addition to Remedies - Sec. 2. In place of or in addition to any...

25-2.1-8-3. Repealed - As added by P.L.30-1993, SEC.7. Repealed by P.L.179-1997, SEC.8.

25-2.1-8-4. Accountant Investigative Fund; Establishment; Appropriation; Memorandum of Understanding; Review - Sec. 4. (a) The accountant investigative fund is established to...

Chapter 9. Complaints

25-2.1-9-1. Investigation of Complaints - Sec. 1. (a) The board may, upon receipt of a...

25-2.1-9-2. Investigation by Investigating Officer; Report; Confidentiality of Information - Sec. 2. (a) The board may designate a member or...

25-2.1-9-3. Disposition of Complaint - Sec. 3. (a) If the board has reason to believe...

25-2.1-9-4. Peer Review Rating of Fail; Definitions; Peer Review After June 30, 2012 - Sec. 4. (a) This section applies to a licensee that...

25-2.1-9-5. Peer Review Immunity - Sec. 5. An: (1) entity administering a quality review program...

Chapter 10. Hearings

25-2.1-10-1. Conduct of Hearing - Sec. 1. Each hearing conducted by the board must be...

25-2.1-10-2. Repealed - As added by P.L.30-1993, SEC.7. Repealed by P.L.179-1997, SEC.8.

25-2.1-10-3. Repealed - As added by P.L.30-1993, SEC.7. Repealed by P.L.179-1997, SEC.8.

25-2.1-10-4. Repealed - As added by P.L.30-1993, SEC.7. Repealed by P.L.179-1997, SEC.8.

25-2.1-10-5. Repealed - As added by P.L.30-1993, SEC.7. Repealed by P.L.179-1997, SEC.8.

25-2.1-10-6. Repealed - As added by P.L.30-1993, SEC.7. Repealed by P.L.179-1997, SEC.8.

25-2.1-10-7. Notice of Sanctions; Foreign State Accountancy Boards; Other State Authorities and Professional Organizations - Sec. 7. (a) If the board renders a decision imposing...

Chapter 11. Reinstatement

25-2.1-11-1. Repealed - As added by P.L.30-1993, SEC.7. Repealed by P.L.179-1997, SEC.8.

25-2.1-11-2. Continuing Professional Education or Quality Review as Conditions Precedent - Sec. 2. Before reinstating a suspended certificate or permit under...

25-2.1-11-3. Rules of Procedure for Reinstatement - Sec. 3. The board shall adopt rules under IC 4-22-2...

Chapter 12. Violations

25-2.1-12-1. Foreign Country Practitioners - Sec. 1. This chapter does not apply to an individual...

25-2.1-12-2. Reports of Financial Statements of Another; Right to Issue by Person Without Permit or Certificate - Sec. 2. (a) Except as provided in subsection (b), an...

25-2.1-12-3. Applicability of Ic 25-2.1-12-2 Prohibitions - Sec. 3. The prohibition contained in section 2 of this...

25-2.1-12-3.5. Attest Services Performance Prohibited - Sec. 3.5. A holder of a CPA or PA certificate...

25-2.1-12-4. Requirements to Use Certain Titles - Sec. 4. (a) An individual may not use the title...

25-2.1-12-5. Firm Use of Title "Cpa" - Sec. 5. A firm may not provide attest services or...

25-2.1-12-6. Individual Use of Title "Pa" or "Ap"; Inactive Licensee - Sec. 6. (a) An individual may not use the title...

25-2.1-12-7. Firm Use of Title "Pa" - Sec. 7. A firm not holding a valid permit issued...

25-2.1-12-8. Use of Other Related Titles; Prohibition - Sec. 8. (a) An individual or a firm not holding...

25-2.1-12-9. Use of Terms by Persons or Firms Without Certificate or Permit; Prohibition - Sec. 9. (a) An individual or a firm not holding...

25-2.1-12-10. Repealed - As added by P.L.30-1993, SEC.7. Repealed by P.L.128-2001, SEC.51.

25-2.1-12-11. Individual Practitioner Use of Misleading Firm Name; Firm Names of Successor Partners - Sec. 11. An individual licensee may not engage in the...

25-2.1-12-12. Use of Initials "p.a." by Physician Assistant - Sec. 12. Use of the initials "P.A." by a physician...

Chapter 13. Injunctions and Criminal Penalties

25-2.1-13-1. Injunctive Relief - Sec. 1. (a) Whenever, as a result of an investigation...

25-2.1-13-2. Criminal Proceedings Brought by Attorney General - Sec. 2. If the board believes that an individual or...

25-2.1-13-3. Penalties - Sec. 3. (a) An individual or a firm who knowingly...

25-2.1-13-4. Evidence of Single Acts - Sec. 4. In any action brought under this chapter or...

Chapter 14. Client Records

25-2.1-14-1. Confidentiality Preserved - Sec. 1. A certified public accountant, a public accountant, an...

25-2.1-14-2. Disclosures Required by Standards of Profession - Sec. 2. The information derived from or as the result...

25-2.1-14-3. Property Rights in Client Records and Reports of Licensee - Sec. 3. (a) The following definitions apply throughout this section:...

25-2.1-14-4. Transfer of Records Without Consent of Client; Prohibition - Sec. 4. A statement, record, schedule, working paper, or memorandum...

25-2.1-14-5. Quality Review Use of Papers; Duration of Record Keeping Required of Licensee - Sec. 5. (a) This chapter does not prohibit a temporary...

Chapter 15. Statute of Limitations

25-2.1-15-1. Actions for Negligence or Breach of Conduct Against Practitioner; Scope of Chapter - Sec. 1. This chapter governs an action based on negligence...

25-2.1-15-2. Time for Commencement of Action - Sec. 2. An action under this chapter must be commenced...

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Indiana Code Title 25. Professions and Occupations Article 2.1. Accountants

Indiana Code
Title 25. Professions and Occupations
Article 2.1. Accountants