1. (a) A person is engaged in the "public practice of accountancy" who:

   1. (1) holds out to the public as a certified public accountant or an accountant; and

   2. (2) in consideration of compensation received or to be received, offers to perform or does perform for other persons services that involve:

      1. (A) preparing, auditing, or verifying financial transactions, books, accounts, or records;
      2. (B) preparing, verifying or certifying financial, accounting, and related statements intended for publication, including preparing tax returns;
      3. (C) rendering professional services or assistance in or about any and all matters of principle or detail relating to accounting procedure and systems; or
      4. (D) recording, presenting or certifying, and interpreting such service (including tax, consulting or management advisory services) through statements and reports.
2. (b) Services, as described in Subparagraph (a)(2) of this Rule, may be performed on a full‑time, part‑time or temporary basis in the various accounting fields, including public accounting, governmental or other not‑for‑profit accounting, industrial, commercial or financial accounting, taxation and tax‑related matters.

History Note: Authority G.S. 93-1(a)(5);93‑12;
Eff. October 1, 1984;
Amended Eff. April 1, 1994; March 1, 1990;
Readopted Eff. June 1, 2026; February 1, 2016.