What firms are required to register as public accounting firms with the NYS Education Department?
A firm is required to register as a public accounting firm with the Department if it: • Provides any attest or compilation services to NYS clients; or • Uses the words “Certified Public Accountant” or the designation “CPA” or the words “Public Accountant” or the designation “PA” in the firm name. Note: New York State does not allow unlicensed ownership of public accounting firms. All firm owners must be licensed as a CPA or a NY PA, otherwise the firm will not be allowed to register. Effective July 26, 2009, the Section 7408 of the State Education Law requires all public accounting firms to re-register triennially with the State Education Department. • What types of practice structures are allowed? To register the firm must be: • A partnership; or • A Professional Limited Liability Partnership (LLP); or • A Professional Limited Liability Company (LLC); or • A Professional Services Corporation (PC); or • A Sole Proprietorship General business corporations are not allowed to register as
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