32-742
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32-742. Revocation or suspension of firm's certificate; failure to reinstate A. After notice and an opportunity for a hearing, the board shall revoke a firm's registration to practice public accounting if at any time it does not have all the qualifications prescribed by this chapter. B. After notice and an opportunity for a hearing, the board may revoke or suspend a firm's registration to practice public accounting and may additionally take disciplinary action concerning the registrant for any of the causes enumerated in section 32-741, subsection A or for any of the following additional causes: 1. The revocation or suspension of any certificate issued by the board of any partner, shareholder, member, manager, officer, director, agent or employee of the firm. 2. The cancellation, revocation, suspension or refusal to renew the authority of the firm or any Arizona partner, shareholder, member, manager, officer, director, agent or employee to practice public accounting in any other state for any cause other than failure to pay an annual registration fee in the other state. C. The board shall suspend, without notice or hearing, the registration to practice public accounting of any firm that fails to register and pay the biennial registration fee as required by section 32-730. Terms of a suspension issued under this subsection shall include a provision that the suspension shall be vacated when the registrant has paid all past due fees and penalties. The board may waive the collection of any fee or penalty after suspension under conditions the board deems justifiable. If the firm fails to reinstate its registration within twelve months after the date of suspension, the registration expires. |