Louisiana Administrative Code
Title 46 - PROFESSIONAL AND OCCUPATIONAL STANDARDS
Part XIX - Certified Public Accountants
Chapter 17 - Rules of Professional Conduct
Section XIX-1703 - Competence and Professional Standards
Current through Register Vol. 50, No. 9, September 20, 2024
A. Definition
Professional Standards- include but are not limited to those standards defined by Statements on Auditing Standards (SAS); Statements on Standards for Accounting and Review Services (SSARS); Statements on Standards for Consulting Services (SSCS); Statements on Standards for Attestation Engagements (SSAE); and Standards for Performing and Reporting on Peer Reviews or Quality Reviews issued by the American Institute of Certified Public Accountants; auditing standards issued by the Comptroller General of the United States for governmental audits and those issued by the PCAOB for public company audits.
B. Competence. A licensee shall not undertake any engagement for performance of professional services which he cannot reasonably expect to complete with due professional competence.
C. Professional Standards. Licensees shall comply with all applicable professional standards, including but not limited to those listed in §1703A.
AUTHORITY NOTE: Promulgated in accordance with R.S. 37:71 et seq.
