Posts Tagged ‘Florida Certified Public Accountant’

Renewing CPA Licenses in Florida

Monday, September 10th, 2012

The following information appeared on Florida’s Department of Business and Professional Regulation’s website under Division of Certified Public Accounting.  We advise anyone interested in obtaining information on Florida’s licenses to contact the DBPR for the most current information.

Renewing a current active (Florida) CPA license consists of:

  • Evidencing completion of continuing professional education (CPE) credits (80 hours with at least 20 hours in accounting and auditing and 4 hours of a board approved ethics course)
  • Pay a $105.00 license renewal fee.

CPE courses must be complete by June 30th of the renewal year. There are two automatic extensions that can be utilized by licensees who are unable to meet their CPE requirement by June 30th. The first extension is September 15th and requires the licensee to complete an additional eight (8) hours of accounting and auditing credits. Therefore, the licensee would complete a total of 88 hours with at least 28 in accounting and auditing. The second extension is December 31st and requires the licensee to complete an additional 16 hours of accounting and auditing. Therefore, the licensee would complete a total of 96 hours with at least 36 in accounting and auditing.

Failure to meet (Florida’s) renewal requirements by December 31st of the renewal year will result in the license reverting to delinquent status effective January 1 of the following year. Delinquent status licenses will revert to Null and Void after two years unless license is reactivated or placed on Inactive status.

This ends the information obtained on Florida’s DPBR’s website.

Attorney Lars Soreide, of Soreide Law Group, PLLC, will represent CPA’s in front of the Florida Board of Accountancy (BOA) regarding any licensing issues. For more information about professional licensing law please visit our website at: www.floridaprofessionallicense.com or call to speak with an attorney at: (888) 760-6552.

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Florida Licensed CPAs

Friday, June 8th, 2012

 Only Certified Public Accountants (CPA), by Florida law, can perform audits, and reviews, and give opinions on your financial statements. However, an accountant is not required to have a Florida license to prepare taxes.  Certain bookkeeping duties also do not require a Florida license.

Hiring a Florida licensed CPA to do your accounting is the best way to make sure your services are done correctly.  Florida licensed CPAs are regulated, and tested by the State of Florida and by law must be recertified every two years.

In the State of Florida, because CPAs are licensed and regulated, complaints may be filed against them. Administrative action can be taken against the license.  However, if the person is not a CPA, the Department has no jusidicition and only civil action can be taken.

Attorney Lars Soreide, of Soreide Law Group, PLLC, represents CPA’s in front of the Florida Board of Accountancy regarding any licensing issues. For a free consultation with an attorney please call: (888) 760-6552, or visit our website at : www.floridaprofessionallicense.com.

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Florida Requirements for CPA’s License

Friday, January 27th, 2012

The following information appeared on Florida’s Department of Business and Professional Regulation’s website under ‘Division of Certified Public Accountants.’

FLORIDA’S REQUIREMENTS FOR CPA LICENSURE

  • PASS ALL FOUR PARTS OF CPA EXAMINATION: with at least a 75% within 18 month rolling period.
  • ONE YEAR WORK EXPERIENCE: Must be under the supervision of a licensed CPA (This experience can be obtained prior to the application, while sitting for the exam or after all four parts of the exam has been passed. However, requirements to sit for the exam must be met before work experience commences.)
  • TOTAL REQUIRED HOURS: 150 semester or 200 quarter hours
  • TOTAL UPPER DIVISION ACCOUNTING HOURS: 36 semester or 54 quarter to include the following: Taxation, Auditing, Financial, Cost/Managerial and Accounting Info Systems.
  • TOTAL UPPER DIVISION GENERAL BUSINESS HOURS: 39 semester hours or 58 quarter hours to include the following: six (6) semester hours or eight (8) quarter hours of business law. One course can be at a lower lever (freshman or sophomore), the other course must be upper division (junior level or higher). Business Law 1 and Legal Environment of Business are often considered duplicate.

Other important information: These requirements include the requirements to sit for the CPA exam under the 120 semester or 160 quarter hour rule.

Information from Florida’s Department of Business and Professional Regulation’s website ends here. This and other additional and valuable information regarding CPA’s may be found there.

Attorney Lars Soreide, of Soreide Law Group, PLLC,  represents CPA’s in front of the Florida Board of Accountancy regarding licensing issues. For more information about professional licensing law please visit: www.floridaprofessionallicense.comor call to speak with an attorney at: (888) 760-6552.

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The State of Florida’s Division of Certified Public Accounting

Friday, April 8th, 2011

CPAs in Florida

On Florida’s DBPR’s website the definition of a Certified Public Accountant (CPA) is someone who has passed the American Institute of Certified Public Accountants (AICPA) Uniform CPA examination, met educational, and licensure requirements in the state of Florida and have been issued a license to practice public accounting.  CPAs provide accounting, auditing, tax, financial planning, and management consulting services.  Florida CPA firms must be licensed and CPAs can only practice in a licensed firm.

Please note that the items below are merely offered as examples of work that requires and does not require a license.  The list is not all inclusive.  Under certain circumstances, a CPA who holds an active license in good standing from another jurisdiction and does not have an office in Florida could practice in Florida without notification or fee under mobility provisions. You should also check with your county or city to learn whether or not a local business tax receipt or certificate of competency is required for services that do not require a state license.  If you have specific questions, please contact  Florida’s Department of Business and Professional Regulation. 

Needs a License Does not need a License
Perform audits, reviews, and compilations Prepare a tax return for yourself or others or providing advice as to federal tax matters.
Express an opinion of financial statements that provide a level of assurance as to the reliability or fairness of the financial information. Perform basic bookkeeping or accounting functions.
Use the CPA designation  
Advertise or represent oneself as a CPA

 This very valuable information comes from the Florida Department of Business and Professional Regulation’s website.

Soreide Law Group, PLLC, represents CPA’s in front of the Florida Board of Accountancy regarding licensing issues. For more information about professional licensing law please visit: www.floridaprofessionallicense.com or call to speak to an attorney at:(888) 760-6552.

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