A person, firm, or professional association not exempt under Section 40-2-530 is considered to be engaged in the practice of offering to render and rendering to the public the services which are regulated by this article if the person, firm, or professional association:

1. (1) offers to prospective clients in South Carolina to perform for compensation one or more of these services:

   1. (a) the development, recording, analysis, or presentation of financial information including, but not limited to, the preparation of financial statements; or
   2. (b) advice or assistance in regard to accounting controls, systems, and procedures; and
2. (2) in any manner holds himself or itself out to the public in South Carolina as skilled in one or more of the types of services described in item (1).

HISTORY: 1996 Act No. 453, Section 1; 2004 Act No. 289, Section 1; 2022 Act No. 174 (S.812), Section 1, eff May 16, 2022.

Effect of Amendment

2022 Act No. 174, Section 1, reenacted the section with no apparent change.