Chapter 466 — Chapter 466

PART I. GENERAL PROVISIONS §466-1 Purpose. It is the policy of this State, and the purpose of this chapter to promote the reliability of information that is used for guidance in financial transactions or for accounting for or assessing the financial status or performance of comme…

§466-10 Prohibited acts. (a) Use of title "certified public accountant": (b) Use of title "public accountant": (c) Representation of special knowledge: (d) Nothing contained in this chapter shall prohibit any person:

§466-11 Injunctions against prohibited acts. (a) Whenever, as a result of an investigation under section 466-13 or otherwise, the board has reason to believe that any person or firm has engaged, or is about to engage, in any act, or acts, or practices that constitute or will cons…

§466-11.5 Single act evidence of practice. In any action brought under this chapter, evidence of the commission of a single act prohibited by this chapter shall be sufficient to justify a penalty, injunction, restraining order, or conviction, respectively, without evidence of a g…

§466-12 Ownership of accountant's working papers. All statements, records, schedules, working papers, and memoranda made by the licensee, partner, shareholder, officer, director, or employee incidental to, or in the course of rendering services to a client in the practice of publ…

§466-13 REPEALED. L 2012, c 324, §4.

§466-14 REPEALED. L 1992, c 202, §236.

§466-15 Advisory committees. (a) The director may establish advisory committees, the members of which shall serve as consultants to the board in their review of certified public accountants and public accountants referred for possible disciplinary action, and as experts to the de…

§466-17 Construction; severability. If any provision of this chapter or the application thereof to any person or entity or in any circumstance is held invalid, the remainder of the chapter and the application of such provision to others or in other circumstances shall not be affe…

§466-2 Short title. This chapter may be cited as the Public Accountancy Law of 1973. [L 1973, c 158, pt of §2]

§466-3 Definitions. When used in this chapter, the following terms have the meanings indicated: "Attest" means providing the following financial statement services: "Board" means the state board of public accountancy established under section 466-4. "Certified public accountant" …

§466-35 Peer review compliance reporting form. (a) Upon the completion of a peer review, each reviewed firm shall submit a peer review compliance reporting form to the board pursuant to section 466-38. The peer review compliance reporting form shall include the following: (b) A f…

§466-36 Hawaii supplement to the peer review report. (a) A firm required to undergo a peer review under this chapter shall engage the services of a practitioner or firm holding a permit issued under section 466-7 to perform the following procedures to supplement the peer review r…

§466-38 Reporting to the board. (a) A firm shall submit to the board: (b) For peer reviews scheduled after December 31, 2014, any report or document required to be submitted under subsection (a) shall be filed with the board as follows: (c) Any report or document submitted to the…

§466-39 Appeals. (a) A firm shall have thirty calendar days after the filing of the peer review compliance reporting form to appeal a "pass with deficiency" or a "fail" rating that may result in the denial, termination, or nonrenewal of a permit to practice. (b) A firm may also a…

§466-4 Board of public accountancy. (a) There shall be a board of public accountancy to be known as the state board of public accountancy, which shall consist of nine members. All members of the board shall be citizens of the United States and residents of this State. Seven membe…

§466-42 Peer review oversight committee. (a) The board shall establish a peer review oversight committee for the purpose of: (b) Except to the extent otherwise required under this section and section 466-41(b), information concerning a specific firm or reviewer obtained by the pe…

§466-5 License of certified public accountant. (a) A license and a permit are required to practice public accountancy. The board may license and grant the designation of "certified public accountant" to any person who has met the following: (b) The educational requirement for a l…

§466-5.5 REPEALED. L 2025, c 14, §3.

§466-6 License of public accountant. (a) A license and a permit are required to actively practice public accountancy. A person: (b) Licenses shall be effective for a period not exceeding two years and shall be renewable biennially on or before December 31 of every odd-numbered ye…

§466-7 Permits to practice. (a) A license and permit are required to actively engage in the practice of public accountancy. The board may grant or renew a permit to actively engage in the practice of public accountancy. Permits shall be initially issued and renewed for periods of…

§466-8 Fees. (a) An application for admission to the examination described in section 466-5(e) shall be accompanied by the application and examination fees. The board may prescribe by rule the terms and conditions upon which an applicant who is unable to attend the examination ma…

§466-9 Disciplinary action. (a) In addition to any other actions or conditions authorized by law, in accordance with chapter 91, the board may take any one or more of the following actions: (b) In addition to any other grounds for disciplinary action authorized by law, any one or…