Ch. 3

LAWS OF MARYLAND

the scope of a permit. This deletion also avoids the
seemingly unintended suggestion that a permit issued
by the Board satisfies State requirements for
organization of a business.

Defined terms: "Board" § 2-101

"Practice certified public accountancy" § 2-101

(F) PRACTICE CERTIFIED PUBLIC ACCOUNTANCY.

"PRACTICE CERTIFIED PUBLIC ACCOUNTANCY" MEANS TO PERFORM ANY
OF THE FOLLOWING ACCOUNTANCY SERVICES:

(1)  CONDUCTING AN AUDIT OF FINANCIAL STATEMENTS; OR

(2)  PROVIDING A WRITTEN CERTIFICATE OR OPINION ON THE
CORRECTNESS OF THE INFORMATION OR ON THE FAIRNESS OF THE
PRESENTATION OF THE INFORMATION IN:

(I)  A FINANCIAL STATEMENT;

(II)  A REPORT;

(III)  A SCHEDULE; OR

(IV)  AN EXHIBIT.

REVISOR'S NOTE: This subsection formerly appeared as Art.
75A, § 2-101(e).

In item (1) of this subsection, the former reference
to "an examination" is deleted on recommendation of
the Board, since the American Institute of Certified
Public Accountants concluded that "audit" and
"examination" were used as synonyms and, therefore,
recommends the use of "audit". This deletion also
clarifies that the phrase "of financial statements"
modifies "audit", which was suggested by the
tabulation in former Art. 75A, § 2-101(e) but was
obfuscated by the word "an" before the word
"examination".

The only other changes are in style.

The definition is stated in the infinitive to allow
minor verb variations of the defined phrase without
taking these variations out of the scope of the
definition.

2-102. SCOPE OF TITLE.

(A) RIGHT TO PROVIDE SERVICES.

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