Can the 2,500 hours be comprised entirely of services categorized under Part A “Public Accounting Services”?
Yes, eligible hours can be comprised entirely of 2, 500 chargeable hours of public accounting services in the form of assurance and/or compilations in respect of which it can reasonably be expected that the services will be relied upon or used by a third party recorded in Part A. The minimum requirement in this category otherwise is 1,250 hours, with up to 1,250 hours required in Part B “Designated Services”.
