Colorado Clauses Relating to Accounting Matters

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Multi-State
Control #:
US-P0609-5AM
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Word; 
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This sample form, containing Clauses Relating to Accounting Matters document, is usable for corporate/business matters. The language is easily adaptable to fit your circumstances. You must confirm compliance with applicable law in your state. Available in Word format.
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FAQ

The Colorado Board of Accountancy regulates certified public accountants (CPAs). CPAs perform a variety of accounting services and will often have the CPA designation after their name.

To apply for the CPA license: A bachelor's degree or higher plus 30 additional hours (150 total hours). 33 total semester hours of non-duplicative accounting coursework. 27 of these hours must be above the introductory level. ... 27 total semester hours of non-duplicative business administration coursework.

Non-CPAs may hold minority ownership in a Colorado CPA firm. Majority ownership of a Colorado CPA firm must be held by CPAs licensed in some state.

By agreement with the six chartered accountancy bodies, the FRC has a non-statutory role for oversight of the regulation by the professional accountancy bodies of their members beyond those that are statutory auditors. The six chartered accountancy bodies are: Association of Chartered Certified Accountants (ACCA)

Individuals who want to become a CPA in Colorado need to spend up to 18 months on the uniform CPA exam, complete relevant work, and meet educational requirements. Candidates with a bachelor's degree can complete these concurrently, but should expect to take at least one and a half years to meet the requirements.

Under the CPA, consumers have the right to access their personal data collected and maintained by the controller. Consumers also have a right to obtain this data in a portable and readily usable format. Controllers must provide information to consumers free of charge for the first request within a twelve-month period.

The CPA grants Colorado Consumers new rights with respect to their personal data, including the right to access, delete, and correct their personal data as well as the right to opt out of the sale of their personal data or its use for targeted advertising or certain kinds of profiling.

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Colorado Clauses Relating to Accounting Matters