Modifies requirements for accountancy firm licenses in Michigan.

This bill amends sections 724 and 728 of the Michigan Compiled Laws to modify the requirements for an accountancy firm license. It allows certain accountants and firms to engage in the practice of public accounting in Michigan without a Michigan license, provided they meet specific conditions. These conditions include conducting a regular practice in another jurisdiction, performing services under the supervision of a licensed individual, and meeting ownership and authorization requirements.

Modifies requirements for accountancy firm licenses in Michigan.

This bill amends sections 724 and 728 of the Michigan Compiled Laws to modify the requirements for an accountancy firm license. It allows certain accountants and firms to engage in the practice of public accounting in Michigan without a Michigan license, provided they meet specific conditions. These conditions include conducting a regular practice in another jurisdiction, performing services under the supervision of a licensed individual, and meeting ownership and authorization requirements.