| (a) On a determination that a ground for discipline
exists under §901.502 of the Act (relating to Grounds for Disciplinary
Action), the board may:
(1) revoke a certificate, firm license, or practice
privilege issued or granted under this title;
(2) suspend under any terms a certificate, firm license,
practice privilege, or license issued or granted under this title
for a period not to exceed five years;
(3) refuse to renew a license;
(4) place a licensee or certificate holder on probation;
(5) reprimand a licensee or certificate holder;
(6) limit the scope of a licensee or certificate holder's
practice;
(7) require a licensee or certificate holder to complete
a peer review program conducted in the manner prescribed by the board;
(8) require a licensee or certificate holder to complete
CPE specified by the board;
(9) impose on a licensee or certificate holder the
direct administrative costs incurred by the board in taking action
under paragraphs (1) - (8) of this subsection;
(10) require a licensee or certificate holder to pay
restitution as provided by §901.6015 of the Act (relating to
Restitution);
(11) impose an administrative penalty under Subchapter
L of the Act; or
(12) impose any combination of the sanctions provided
by this subsection.
(b) If a person's license suspension is probated, the
board may require the person to:
(1) report regularly to the board on matters that are
the basis of the probation;
(2) limit practice to the areas prescribed by the board;
or
(3) continue or renew professional education until
the license holder attains a degree of skill satisfactory to the board
in those areas that are the basis of the probation.
(c) The following applies to a CPA that has been suspended
from the practice of public accountancy:
(1) May not continue to provide accounting related
services to the public as a CPA in the State of Texas.
(2) The suspended licensee's name must be removed from
any firm name licensed with the board.
(3) The suspended licensee may perform accounting related
services as a non-licensee employee of a licensed CPA firm or as an
employee of a business not providing accounting services to the public
but may not use the CPA credential during the term of the suspension.
(4) A suspended licensee remains a certificate holder
and is subject to the board's rules of professional conduct.
(5) Licensing fees do not accrue during the term of
a non-administrative suspension or revocation and are not owed the
board upon reinstatement.
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