The Rhode Island Petition to be Excused From Accounting is a legal document that is used to request an exemption from the requirements of the Rhode Island Uniform Accounting Act. This petition is used when a business or individual wishes to be excused from having to file annual financial reports and/or maintaining their books and records in accordance with the Rhode Island Uniform Accounting Act. There are two types of petitions available: one for businesses and one for individuals. The individual petition must include a description of the individual's financial situation, an explanation of why they are unable to comply with the accounting requirements, and a statement of the desired relief. The business petition must include a description of the business and its financial situation, an explanation of why they are unable to comply with the accounting requirements, and a statement of the desired relief. Both petitions must be signed and notarized by the petitioner.




