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Board of Accountancy Board of Accountancy

Board of Accountancy - PowerPoint Presentation

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Uploaded On 2016-09-07

Board of Accountancy - PPT Presentation

Revenue Streams Examination fees Application fees for individual licenses and firm permits Renewal fees for individual licenses and firm permits Administrative fines Investment income Questions to Consider ID: 461968

board fees funds fines fees board fines funds firm administrative renewal permits individual licenses authority license board

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Presentation Transcript

Slide1

Board of Accountancy Revenue Streams

Examination fees

Application fees for individual licenses and firm permits

Renewal fees for individual licenses and firm permits

Administrative fines

Investment incomeSlide2

Questions to Consider

Are

the board’s funds appropriated by the Legislature

?

Does the board have the authority to manage its own funds?

How are license fees established? In statute or regulations?

Are there other areas where fees can be assessed, e.g. late renewal fees, etc.?

Does the Board have the authority to assess administrative fines?

Can the board retain money collected through fines?

Can the board’s reserve funds offset the loss of any license fees?