Statutes, codes, and regulations
Wyoming Administrative Code
Agency 061 - Accountants, Board of Certified PublicSubagency 0001 - Accountants, Board of Certified Public
Chapter 3 - CERTIFICATES
Section 3-7 - Reporting Convictions, Judgments, and Disciplinary Actions

061-3 Wyo. Code R. § 3-7

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Current through April 27, 2019
Section 3-7 - Reporting Convictions, Judgments, and Disciplinary Actions

(a) Each certificate holder and each CPA firm's designated certificate holder, on a form and in the manner prescribed by the board, shall disclose information specified in subsections (d), (e), and (f) of this section. Disclosure shall be required upon initial application for an individual certificate or CPA firm permit. Once licensed, disclosure shall be required within thirty (30) days of the imposition of discipline or judgment or with the renewal of the certificate or permit. Actions previously reported do not need to be re-reported upon renewal.

(b) All information or documents disclosed or provided pursuant to the requirements of this section shall be maintained in an investigative file pursuant to chapter 7, section 21(c)(ii).

(c) Disclosure shall include but is not limited to the following:

  • (i) The name of the court or regulatory/administrative entity involved;
  • (ii) The case number;
  • (iii) The names of the parties involved;
  • (iv) The type of reportable event; and
  • (v) A summary of the reportable events.

(d) Any conviction or finding of guilt, or plea of nolo contendre to:

  • (i) A felony;
  • (ii) Any crime an element of which is dishonesty or fraud; or
  • (iii) The denial, cancellation, revocation, suspension or refusal to renew the authority to practice as a certified public accountant by any state, federal agency, or foreign authority, for any cause other than failure to pay a fee.

(e) Imposition of a censure, reprimand, sanction, probation, civil penalty, fine, consent decree or order, by any state board of accountancy, the Securities Exchange Commission, Public Company Accounting Oversight Board, Internal Revenue Service, or foreign regulatory body that regulates the practice of accountancy.

(f) Any fully adjudicated judgment or settlement in a civil suit or arbitration proceeding entered after July 1, 2005, totaling more than $150,000, and based upon an allegation of dishonesty, fraud, or gross negligence in the practice of accounting, or any action that would constitute a violation of the rules of professional conduct promulgated by the board. Notification under this section shall apply only to actions directly involving a certificate or permit holder's practice of accounting in Wyoming.

061-3 Wyo. Code R. § 3-7

Amended, Eff. 3/20/2018.