WSR 08-08-038



[ Filed March 25, 2008, 4:40 p.m. ]

Subject of Possible Rule Making: At the very minimum, the board expects to amend WAC 4-25-410 Definitions, 4-25-640 What are the requirements concerning records and clients confidential information?, 4-25-750 What are the CPA firm licensing requirements?, 4-25-756 I am licensed in another state -- How do I notify the board of my intent to enter the state in order to obtain practice privileges in the state of Washington?, 4-25-820 What are the requirements for participating in quality assurance review (QAR)?, and 4-25-910 What are the bases for the board to impose discipline?

Statutes Authorizing the Agency to Adopt Rules on this Subject: For WAC 4-25-410 is RCW 18.04.055; for WAC 4-25-640 is RCW 18.04.055(2), 18.04.390 (4)(b), 18.04.405(1); for WAC 4-25-750 is RCW 18.04.055(8), 18.04.195, 18.04.205; for WAC 4-25-756 is new section eliminates this requirement; the board expects to repeal this rule; for WAC 4-25-820 is RCW 18.04.055(9); and for WAC 4-25-910 is RCW 18.04.055(16), 18.04.295, 18.04.305.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Due to the passage of SSB 6604 passed through the 2008 legislative session, the board needs to thoroughly review all of its rules for statutory authority and adopt, amend, or repeal rules to implement the revisions to chapter 18.04 RCW to enhance the mobility of certified public accountants and require licensing of out-of-state firms providing audit or opinion-type services.

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 in writing to Richard C. Sweeney, Executive Director, Washington State Board of Accountancy, P.O. Box 9131, Olympia, WA 98507-9131, (360) 586-0163, fax (360) 664-9190, e-mail

March 17, 2008

Richard C. Sweeney

Executive Director

Washington State Code Reviser's Office