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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif"">Ryan, I have only one mild concern.
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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif"">I know lawyer rules (not accounting rules), and there are limitations on the ability of a California lawyer to represent a Washington client without being a member of (or
specially admitted to) the Washington Bar. (On the other hand, a Washington corporation with offices in California can clearly hire a California attorney to do corporate work). So the situation is not crystal clear, except that an attorney from a different
state than the client has to be careful he or she is not engaged in the “unauthorized practice of law” in the client’s state.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif"">I’m not sure if the rules are the same for CPAs, but I expect they are similar.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif"">So maybe we modify the rule clarifying that where the Applicant (or its state of incorporation) and the CPA are located in different jurisdictions, the CPA can provide the
letter so long as such an engagement is in compliance with the practice rules of both jurisdictions?<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif"">Don Sheehy might have some insight on this.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif"">From:</span></b><span style="font-size:10.0pt;font-family:"Tahoma","sans-serif""> public-bounces@cabforum.org [mailto:public-bounces@cabforum.org]
<b>On Behalf Of </b>Ryan A.Koski<br>
<b>Sent:</b> Friday, January 11, 2013 10:56 AM<br>
<b>To:</b> public@cabforum.org<br>
<b>Subject:</b> [cabfpub] EVG - Accounting Practitioner Jurisdiction<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><span style="font-family:"" CourierNew??,?serif??="">The EV Guidelines seemingly have a conflict between the definition of Accounting Practitioner in Section 4 (Definitions), and the specific requirements for
verifying the status of Accounting Practitioners in 11.10.2.(1).(A). The definition of Accounting Practitioner says (<b><u>emphasis mine</u></b>):</span><o:p></o:p></p>
<p class="MsoNormal"><b><span style="font-family:"" CourierNew??,?serif??="">Accounting Practitioner:</span></b><span style="font-family:"" CourierNew??,?serif??=""> A certified public accountant, chartered accountant, or a person with an equivalent license within <b><u>the
country of</u></b> the Applicant’s Jurisdiction of Incorporation or Registration or any jurisdiction where the Applicant maintains an office or physical facility; provided that an accounting standards body in the jurisdiction maintains full (not “suspended”
or “associate”) membership status with the International Federation of Accountants. </span><o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><span style="font-family:"" CourierNew??,?serif??=""><br>
However, 11.10.2.(1).(A) omits the notion that the Accounting Practitioner can be within the country of the Applicant's JOI:</span><o:p></o:p></p>
<p class="MsoNormal"><b><span style="font-family:"" CourierNew??,?serif??="">(A) Status of Author:</span></b><span style="font-family:"" CourierNew??,?serif??=""> The CA MUST verify that the accountant letter is authored by an independent Accounting Practitioner
retained by and representing the Applicant (or an in-house professional accountant employed by the Applicant) who is a certified public accountant, chartered accountant, or has an equivalent license within the Applicant’s Jurisdiction of Incorporation, Jurisdiction
of Registration, or the jurisdiction where the Applicant maintains an office or physical facility. Verification of license MUST be through that jurisdiction’s member of the International Federation of Accountants (IFAC) or through the regulatory organization
in that jurisdiction appropriate to contact when verifying an accountant’s license to practice in that jurisdiction.</span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"" CourierNew??,?serif??=""><br>
This leads to a situation where an Accounting Practitioner that is licensed in California is ineligible to provide an opinion letter for an Applicant that is incorporated in Washington state. I do not believe that is the intention of this requirement, especially
since we allow Accounting Practitioners from "any jurisdiction where the Applicant maintains an office or physical facility".<br>
<br>
I made an attempt to revise 11.10.2.(1).(A). The intent is to remove the duplication of language that also exists in the definition of Accounting Practitioner and eliminate what I believe to be the unintended restriction described above. Please provide any
comments on the following:</span><o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
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<p class="MsoNormal"><span style="font-family:"" CourierNew??,?serif??="">(A) <b>Status of Author:</b> The CA MUST verify that the accountant letter is authored by an Accounting Practitioner who is either independent (retained by and representing the Applicant)
or an employee of the Applicant. Verification of license MUST be through the member organization or group of the International Federation of Accountants (IFAC) that represents the jurisdiction in which the Accounting Practitioner is licensed, or through the
regulatory organization in that jurisdiction appropriate to contact when verifying an accountant’s license to practice in that jurisdiction.</span><span style="font-family:"Helvetica","sans-serif""><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-family:"" CourierNew??,?serif??=""><o:p> </o:p></span></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt"><span style="font-family:"" CourierNew??,?serif??="">--<br>
Ryan Koski<br>
<a href="http://GoDaddy.com">GoDaddy.com</a>, LLC</span><o:p></o:p></p>
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