1. (a) To perform an attest function means to provide any of the following services:

   1. (1) an audit or other engagement to be perfonned in accordance with the Statements on Auditing Standards (SAS) of the American Institute of Certified Public Accountants, AICPA Professional Standards, as revised as of June 15, 2022, adopted by reference;
   2. (2) a review of a financial statement to be performed in accordance with the Statements on Standards for Accounting and Review Services (SSARS) of the American Institute of Certified Public Accountants, AICPA Professional Standards, as revised as of June 15, 2022, adopted by reference;
   3. (3) an examination of prospective financial information to be performed in accordance with the Statements on Standards for Attestation Engagements (SSAE) of the American Institute of Certified Public Accountants, AICPA Professional Standards, as revised as of June 15, 2022, adopted by reference;
   4. (4) an engagement to be performed in accordance with the standards of the Public Company Accounting Oversight Board (PCAOB) established under 15 U.S.C. 7211(a); and
   5. (5) an examination, review, or agreed upon procedures engagement performed in accordance with the SSAE, other than an examination under (3) of this subsection.
2. (b) An individual licensee who is responsible for supervising attest engagements, or who signs or authorizes another to sign the accountant's report on the financial statements on behalf of the firm, shall meet the competency requirements set out in the professional standards for the attest engagements. The supervising licensee shall obtain and maintain the competencies necessary in the specific circumstances.
3. (c) A licensee performing an attest engagement shall maintain a quality control system that complies with the Quality Control Standards (QCS) of the American Institute of Certified Public Accountants, AICPA Professional Standards, as revised as of June 15, 2022, adopted by reference.

(Eff. 1/1/2008, Register 184; am 10/16/2011, Register 200; am 1/4/2017, Register 221; am 4/19/2019, Register 230; am 2/24/2022, Register 241; am 4/12/2024, Register 250)