1. (a) A licensee who fails to comply with the provisions of §523.130 of this title (relating to Board Rules and Ethics Course), §523.111 of this title (relating to Mandatory CPE Reporting) and §523.112 of this title (relating to Mandatory CPE Attendance) may be subject to disciplinary action under the Act, for violation of the Rules of Professional Conduct, §501.94 of this title (relating to Mandatory CPE), which requires compliance with §523.130 of this title, §523.111 of this title and §523.112 of this title.
2. (b) A licensee shall retain documents or other evidence supporting CPE credit hours claimed for the three most recent full reporting periods to the date the credit hours are reported to the board, and shall submit the supporting evidence to the board if such data is specifically requested.
3. (c) The board may, as deemed appropriate, audit CPE supplied by a licensee and request that all documentation be provided to the board within a reasonable period of time.
4. (d) Evidence of falsification, fraud, or deceit in the CPE documentation may necessitate disciplinary action as authorized in the Public Accountancy Act.

Source Note:The provisions of this §523.114 adopted to be effective April 7, 2004, 29 TexReg 3477.