Missouri Revised Statutes













Chapter 326

Accountants

←326.265

Section 326.268.1

326.271→

August 28, 2015

Meetings--examination of applicants, content, fees--compensation of board members.

326.268. 1. The board may prescribe by rule the dates and places for

holding regular meetings and regulate the call, notice and holding of special

meetings. Four members of the board shall constitute a quorum at any regular

meeting or special meeting.



2. The board shall determine by rule the dates and times of examination

of applicants. Examination of applicants shall be held at least twice

annually. The board may determine by rule the method for publicizing the

times and places of the examination. The board may require any or all

applicants to appear in person before the board to answer questions regarding

their qualifications and may, in the board's discretion, require evidence in

support of the statements of the applicant.



3. The required examination shall test the applicant's knowledge of the

subjects of accounting and auditing, and such other related subjects as the

board may specify by rule, including but not limited to business law and

taxation. The board shall prescribe by rule the methods of applying for and

conducting the examination, including methods for grading and passing grades;

provided, however, that the board shall, to the extent possible, ensure the

examination, grading of the examination and the passing grades are uniform

with those applicable in other states. The board may make use of all or any

part of the Uniform Certified Public Accountant Examination and Advisory

Grading Service of the American Institute of Certified Public Accountants and

may contract with third parties to perform administrative services with

respect to the examination as the board deems appropriate.



4. The board may determine by rule the examination fee.



5. Each member of the board shall receive as compensation an amount set

by the board not to exceed seventy dollars for each day devoted to the

affairs of the board, and shall be reimbursed for necessary and actual

expenses incurred in the performance of the member's official duties. All

claims for compensation and expenses shall be presented and allowed in open

meetings of the board. No compensation or expenses of members of the board,

its officers or employees shall be charged against the general funds of the

state, but shall be paid out of the state board of accountancy fund.



(L. 2001 H.B. 567)







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