Section 16.2. Audits Limited to Certified Public Accountants and Public Accountants.--Whenever any statute, regulation or order of a department, board, agency or commission heretofore or hereafter enacted or adopted requires the audit or examination of finances, accounts, financial statements, books and records or reports of any:
(1) department, division, board, bureau, office, commission or agency of this Commonwealth;
(2) municipal authority or other authority or political subdivision within this Commonwealth;
(3) corporation, joint-stock company, nonprofit corporation, association, cooperative or joint-stock association or any other business or professional entity; or
(4) eleemosynary institution,
by a certified public accountant, public accountant, independent accountant or auditor, competent public accountant or other person purporting to have expert knowledge of accounting and auditing, the requirement shall be construed to mean a licensee. Nothing in this section shall be construed to affect the eligibility of any person to serve as an elected auditor in a political subdivision.
(16.2 amended Dec. 4, 1996, P.L.851, No.140)