Board of Accountancy Revenue Streams

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Presentation transcript:

Board of Accountancy Revenue Streams Examination fees Application fees for individual licenses and firm permits Renewal fees for individual licenses and firm permits Administrative fines Investment income

Questions to Consider Are the board’s funds appropriated by the Legislature? Does the board have the authority to manage its own funds? How are license fees established? In statute or regulations? Are there other areas where fees can be assessed, e.g. late renewal fees, etc.? Does the Board have the authority to assess administrative fines? Can the board retain money collected through fines? Can the board’s reserve funds offset the loss of any license fees?