15 U.S. Code § 7234 - Considerations by appropriate State regulatory authorities
prev | next
In supervising nonregistered public accounting firms and their associated persons, appropriate State regulatory authorities should make an independent determination of the proper standards applicable, particularly taking into consideration the size and nature of the business of the accounting firms they supervise and the size and nature of the business of the clients of those firms. The standards applied by the Board under this Act should not be presumed to be applicable for purposes of this section for small and medium sized nonregistered public accounting firms.
LII has no control over and does not endorse any external Internet site that contains links to or references LII.