Washington Administrative Code
Title 4 - Accountancy, Board of
Chapter 4-30 - General provisions
ETHICS AND PROHIBITED PRACTICES
Section 4-30-044 - Contingent fees
Current through Register Vol. 25-06, March 15, 2025
(1) A licensee in public practice shall not:
(2) The prohibition above applies during the period in which the licensee or licensee's firm is engaged to perform any of the services listed above and the period covered by any historical financial statements involved in any such listed services.
(3) Except as stated in the next sentence, a contingent fee is a fee established for the performance of any service pursuant to an arrangement in which no fee will be charged unless a specified finding or result is attained, or in which the amount of the fee is otherwise dependent upon the finding or result of such service. Solely for purposes of this rule, fees are not regarded as being contingent if fixed by courts or other public authorities, or, in tax matters, if determined based on the results of judicial proceedings or the findings of governmental agencies.
(4) A licensee's fees may vary depending, for example, on the complexity of services rendered.
(5) Any licensee who is not prohibited by this rule from performing services for a contingent fee must:
(6) For the purposes of this rule, "licensees" includes licensees, CPA firms, nonlicensee firm owners, employees of such persons, out-of-state individuals with practice privileges under RCW 18.04.350 (1), and out-of-state firms permitted to offer or render certain professional services in this state under the conditions prescribed in RCW 18.04.195.
Statutory Authority: RCW 18.04.055(2). 10-24-009, amended and recodified as § 4-30-044, filed 11/18/10, effective 12/19/10; 08-18-016, § 4-25-626, filed 8/25/08, effective 9/25/08; 05-01-137, § 4-25-626, filed 12/16/04, effective 1/31/05; 02-04-064, § 4-25-626, filed 1/31/02, effective 3/15/02; 01-03-012, § 4-25-626, filed 1/5/01, effective 2/5/01; 98-12-055, § 4-25-626, filed 5/29/98, effective 6/29/98.