New Jersey § 45:2b-55
Full text of New Jersey New Jersey Statutes § 45:2b-55, with citation guidance and answers to common questions.
§ 45:2b-55.
a. A firm engaged in this State in the practice of attest services and not otherwise
registered with the board or exempt from registration under section 13 of P.L.1997, c. 259 ( C.45:2B-54 ) shall be required to register with the board as a firm of public accountants. A firm engaged in the practice of public accountancy, but not performing attest
services, shall be eligible to register with the board as a firm of public accountants.
In either case, the firm shall meet the following requirements: (1) At least one owner of a firm shall be a public accountant or certified public
accountant in good standing, and licensed to practice public accountancy in this State; (2) Each owner of the firm, other than a nonlicensee, shall be a public accountant
or certified public accountant of any state or possession of the United States or
the District of Columbia in good standing, and licensed to practice public accountancy
where licensed; (3) There shall be a public accountant or certified public accountant in the firm
who has ultimate responsibility for each attest engagement. On all firm applications and renewal forms, a licensee shall be designated as responsible
and in charge of all professional matters relating to the practice of accountancy
by the registered firm. Each owner of a firm in this State , other than a nonlicensee, personally engaged within this State in the practice of
public accounting shall be a public accountant or a certified public accountant of
this State in good standing and licensed to practice public accountancy in this State. b. Application for registration of a firm shall be made upon the affidavit of an owner
of the firm who is a public accountant or certified public accountant of this State
in good standing and licensed to practice public accountancy in this State. The board shall in each case determine whether the applicant is eligible for registration. A firm which is so registered may use the words “public accountant” or the abbreviation
“PAs” in connection with its firm name. Notification shall be given to the board within 90 days after admission or withdrawal
of an owner licensed and practicing in this State from any firm so registered.
Frequently Asked Questions About New Jersey § 45:2b-55
What does New Jersey Statutes § 45:2b-55 cover?
Section 45:2b-55 is part of the New Jersey Statutes, the codified statutory law of New Jersey. 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 New Jersey § 45:2b-55?
A common citation format is "New Jersey Statutes § 45:2b-55" (New Jersey). 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 New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 45:2b-55 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey 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 New Jersey.