(1) A licensee or nonlicensee firm owner must notify the board, of the following matters, in the manner prescribed by the board, within 30 days of the issuance of:
- (a) A sanction, order, suspension, revocation, or modification of a license, certificate, permit or practice rights by the SEC, PCAOB, IRS, or another state board of accountancy for any cause other than failure to pay a professional license fee by the due date or failure to meet the continuing professional education requirements of another state board of accountancy; or
- (b) Charges filed by the SEC, IRS, PCAOB, another state board of accountancy, or a federal or state taxing, insurance or securities regulatory body that the licensee, or nonlicensee firm owner committed a prohibited act that would be a violation of board ethical or technical standards.
- (2) Licensed CPA firms with more than one licensed owner are not required to report on action taken against owners, principals, partners, or employees.
- (3) If you hold a license issued through the foreign reciprocity provisions of the act, you must notify the board of any investigations undertaken, or sanctions imposed, by a foreign credentialing body against your foreign credential within 30 days of receiving notice that an investigation has begun or a sanction was imposed.
[Statutory Authority: RCW 18.04.055. WSR 24-04-024, § 4-30-036, filed 1/29/24, effective 7/1/24. Statutory Authority: RCW 18.04.195 (13)(b) and 18.04.215 (9)(b). WSR 11-06-062, amended and recodified as § 4-30-036, filed 3/2/11, effective 4/2/11; WSR 08-18-016, § 4-25-670, filed 8/25/08, effective 9/25/08. Statutory Authority: RCW 18.04.195 (10)(b) and 18.04.215 (9)(b). WSR 05-01-137, § 4-25-670, filed 12/16/04, effective 1/31/05; WSR 03-24-033, § 4-25-670, filed 11/25/03, effective 12/31/03.]