Michigan Administrative Code
Department - Licensing and Regulatory Affairs
Bureau of Professional Licensing
Board of Accounting
Accountancy - General Rules
Part 4 - PROFESSIONAL CONDUCT
Section R. 338.5405 - Independence rule; adoption by reference
Universal Citation: MI Admin Code R. 338.5405
Current through Vol. 24-04, March 15, 2024
Rule 405. An individual licensee, a firm licensee, an individual with practice privileges, or an out-of-state firm may perform attest services as that term is defined in section 720 of the code, MCL 339.720, of an enterprise only if the individual licensee, firm licensee, individual with practice privileges, or out of-state firm is independent from the enterprise. The standards adopted in R 338.5102(1) shall be used to decide if the individual or firm is independent from the enterprise.
Disclaimer: These regulations may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
