2009 Hawaii Code
Volume 10
TITLE 25 - PROFESSIONS AND OCCUPATIONS
CHAPTER 466 - [NEW] PUBLIC ACCOUNTANCY
§466-3 - Definitions.

     §466-3  Definitions.  When used in this chapter, the following terms have the meanings indicated:

     "Board" means the state board of public accountancy established under section 466-4.

     "Certified public accountant" means the designation given to a person licensed under section 466-5 or the law of any other state or foreign country.

     "Department" means the department of commerce and consumer affairs.

     "Director" means the director of commerce and consumer affairs.

     "Firm" means a sole proprietorship, a corporation, or a partnership.

     "License" means the document issued by the board to a person designated as a certified public accountant under section 466-5, or a person licensed as a public accountant under section 466-6, or a valid comparable certificate, registration, or license of certified public accountant or public accountant issued after examination under the law of any other state or foreign country, or of a permit issued under section 466-7.

     "Partner" means a partner in any general partnership, foreign general partnership, limited liability partnership, or foreign limited liability partnership.

     "Partnership" means any general partnership, foreign general partnership, limited liability partnership, or foreign limited liability partnership.

     "Permit" means a permit to actively practice public accountancy issued under section 466-7.

     "Practice of public accountancy" means the performance or the offering to perform, by a person or firm holding itself out to the public as a licensee, for a client or potential client of one or more kinds of services involving the use of accounting or auditing skills, including the issuance of reports on financial statements, or of one or more kinds of management advisory or consulting services, or the preparation of tax returns or the furnishing of advice on tax matters.

     "Public accountant" means the designation given to a person licensed under section 466-6, or the law of any other state or foreign country.

     "Quality review" means a study, appraisal, or review of one or more aspects of the professional work of a firm in the practice of public accountancy by a person or persons who hold certificates and who are not affiliated with the firm being reviewed.

     "Report", when used with reference to financial statements, means an opinion, report, or other form of language that states or implies the measure of assurance as to the reliability of any financial statements, and that also includes, or is accompanied by, any statement or implication that the firm issuing it has special knowledge or competence in accounting or auditing.

     "State" means any state, territory, or insular possession of the United States, except that "this State" means the State of Hawaii. [L 1973, c 158, pt of §2; am L 1989, c 110, §4; am L 1992, c 202, §162; am L 1996, c 93, §2]