25406645, 61G7-5.0031 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 25406645

Notice of Proposed Rule

Department:

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION

Division:

Board of Employee Leasing Companies

Chapter:

APPLICATION PROCEDURE

Overview

RULE:

61G7-5.0031

Audited Financial Statements

PURPOSE:

The purpose of the rule amendment is to update the rule language to be consistent with terminology used in accounting. The effect is that the Board’s rule will, when amended, be consistent with professional terminology.

SUMMARY:

The proposed amendment updates the rule to reference the current names of the accounting principles that are to followed when audited financial statements are submitted to the Department by Florida licensed employee leasing companies, and refers the public to definitions in rule 61G7-6.001.

RULEMAKING AUTHORITY:

468.522, 468.525(3)(e) FS.

LAW:

468.525(3)(e) FS.

PRINT PUBLISH DATE:

12/29/2021 Vol. 47/250

COMMENTS:

From 12/29/2021 To 1/19/2022 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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