DIGEST OF INTRODUCED BILL
Application of quality review standards. Changes the membership of the state board of accountancy. Permits individuals to receive certification as an accounting practitioner even if the state board of accountancy fails to establish the test required by law. Specifies conditions that the rules requiring quality reviews of certified public accountants and public accountants who perform attest functions. Indicates that accounting practitioners may perform compilations. Changes to 2007 the renewal date for certain firm permits that would have expired in 2006.