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Current as of March 28, 2024 | Updated by FindLaw Staff
A licensed certified public accountant or a licensed accountant in public practice shall not provide the following nonaudit services to a school district, education service cooperative, or open-enrollment public charter school if the licensed certified public accountant or the licensed accountant or his or her firm is also the auditor of the school district, education service cooperative, or open-enrollment public charter school:
(1) Accounting and bookkeeping services;
(2) Financial information systems design and implementation;
(3) Appraisal, valuation, and actuarial services;
(4) Internal audit outsourcing services;
(5) Management or human resources functions;
(6) Broker or dealer, investment advisor, or investment banking services; and
(7) Legal and expert services unrelated to the audit.
Cite this article: FindLaw.com - Arkansas Code Title 6. Education § 6-20-1806. Services outside the scope of practice of auditors--Prohibited activities - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-6-education/ar-code-sect-6-20-1806/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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