§ 54.1-4414 Prohibited acts
Neither (i) a person who does not hold a Virginia license or who does not meet the requirements to use the CPA title in Virginia under the practice privilege provisions of § 54.1-4411 nor (ii) an entity that does not meet the criteria prescribed by subdivision D 1 of § 54.1-4412.1 shall:
3. Make any other claim of licensure, registration, or approval related to the preparation of financial statements that is false or misleading;
5. Refer to any of the standard-setting authorities listed in the standards of conduct and practice in subdivisions 5 and 6 of § 54.1-4413.3, or refer to or use any of the terminology prescribed by those authorities for reporting on financial statements, in any form or manner of communication about services provided to persons or entities located in Virginia.
History
This law was first created in 2001. The record of its establishment is cataloged in chapter 832 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 3 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 2004, chapter 602; in 2007, chapter 804; in 2025, chapters 523 and 539.
2001, c. 832; 2004, c. 602; 2007, c. 804; 2025, cc. 523, 539.