California § 5062.2 - A licensee shall not accept employment with a publicly traded corporation or its
Full text of California Public Contract Code - PCC § 5062.2 — A licensee shall not accept employment with a publicly traded corporation or its, with citation guidance and answers to common questions.
§ 5062.2. A licensee shall not accept employment with a publicly traded corporation or its
A licensee shall not accept employment with a publicly traded corporation or its affiliate within 12 months of the date of issuance of a financial statement report if both of the following criteria are met: (a) The licensee has participated in an audit engagement for the corporation and held responsibility, with respect to the audit engagement, requiring the licensee to exercise significant judgment in the audit process. Responsibilities meeting the requirements of this subdivision include, but are not limited to, positions, however titled, where the licensee was the person in charge of the fieldwork, up through positions where the licensee was a partner on the engagement. (b) The employment would permit the licensee to exercise significant authority over accounting or financial reporting, including authority over the controls related to those functions.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 5062.2
What does Public Contract Code - PCC § 5062.2 cover?
Section 5062.2 ("A licensee shall not accept employment with a publicly traded corporation or its") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 5062.2?
A common citation format is "Public Contract Code - PCC § 5062.2" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 5062.2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.