WSR 02-11-007



[ Filed May 2, 2002, 1:22 p.m. ]

Subject of Possible Rule Making: WAC 4-25-610 Which rules govern the conduct of CPAs?

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 18.04.055(2).

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The board received input that the language in the rule leads to practitioner liability or opens the door to lawsuits against CPAs. Additionally, given recent national level events, it is anticipated that the public and other stakeholders may wish to provide input to the board on revisions to this rule which governs the ethics of CPAs and firms.

Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.

Process for Developing New Rule: Agency study.

Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by writing to Dana M. McInturff, Executive Director, Washington State Board of Accountancy, P.O. Box 9131, Olympia, WA 98507-9131, (360) 586-0163, fax (360) 664-9190, e-mail

April 29, 2002

Dana M. McInturff, CPA

Executive Director

Washington State Code Reviser's Office