A CPA's legal license to practice public accounting can be revoked by the
A) American Institute of Certified Public Accountants.
B) State society of CPAs.
C) Auditing Standard Board.
D) State board of accountancy.

Question

Quizplus · Accepted Answer

The State board of accountancy is responsible for the regulation of CPAs and has the authority to revoke their license to practice public accounting in that state. The American Institute of Certified Public Accountants and the State society of CPAs are professional organizations that provide resources and support to CPAs, but do not have the power to revoke their licenses. The Auditing Standard Board is a division of the AICPA that sets standards for auditing, but also does not have the power to revoke a CPA's license.

A CPA's Legal License to Practice Public Accounting Can Be