| (a) A firm or individual practicing under a practice
privilege under this section, as a condition of the privilege of practicing
without a license:
(1) is subject to the personal and subject matter jurisdiction
and disciplinary authority of the board;
(2) must comply with the Act and the board's rules;
and
(3) is considered to have appointed the regulatory
agency of the state that issued the firm's or individual's license
as the agent on whom process may be served in any action or proceeding
by the board against the firm or individual.
(b) A firm or individual practicing under a practice
privilege under this section shall promptly cease offering or rendering
professional services in this state if the firm's license or individual's
license or certificate to practice in the state of primary business
is no longer valid.
(c) A firm that practices under §517.1 of this
chapter (relating to Practice by Certain Out of State Firms) must
use the firm name that it uses in the state in which it is licensed
and has its principal place of business.
(d) A firm that performs an engagement that is required
to be performed in accordance with SSARS, such as compilations and
reviews, is performing an attest service and must comply with the
Peer Review provisions of Chapter 527 of this title (relating to Peer
Review).
|
