Section 87A Definitions - Massachusetts Statutes

  Section 87A. As used in sections eighty-seven A1/2 to eighty-seven E, inclusive, the following words shall, unless the context requires otherwise, have the following meanings:--

  "Board'', the board of public accountancy established under the provisions of section thirty-three of chapter thirteen.

[ Definition of "Certificate'' effective until July 1, 2010. For text effective July 1, 2010, see below.]

  "Certificate'', a certificate issued to a certified public accountant under the provisions of section eighty-seven A1/2 or a certificate issued to a public accountant issued under the provisions of section eighty-seven C or a corresponding certificate as a certified public accountant issued after examination under the laws of any other state.

[ Definition of "Certificate'' as amended by 2010, 22, Sec. 6 effective July 1, 2010. See 2010, 22, Sec. 25. For text effective until July 1, 2010, see above.]

  "Certificate'', a certificate issued to a certified public accountant under the provisions of section eighty-seven A1/2 or a corresponding certificate as a certified public accountant issued after examination under the laws of any other state.

[ Definition of "Committee effective until July 1, 2010. Deleted by 2010, 22, Sec. 7. See 2010, 22, Sec. 25.]

  "Committee'', the public accountants administrative committee.

  "Firm'', a business or professional corporation, general or registered limited liability company, or any other organizational form of entity legally permitted to engage in the practice of public accounting.

  "Licensee'', the holder of a certificate issued under the provisions of section eighty-seven B or eighty-seven B1/2.

[ Definition of "Person'' inserted following definition of "Licensee'' by 2010, 22, Sec. 8 effective July 1, 2010. See 2010, 22, Sec. 25.]

  "Person'', a natural person, corporation, association, partnership or other legal entity.

  "Practice of public accountancy'', the performance or the offering to perform by a person or firm holding itself out to the public as a licensee, for a client or potential client, of one or more kinds of services involving the use of accounting or auditing skills, including the issuance of reports on financial statements, or of one or more kinds of management advisory or consulting services, or the preparation of tax returns or the furnishing of advice on tax matters.

  "Quality review'', a study, appraisal, or review of one or more aspects of the professional work of a person or firm in the practice of public accountancy, by a person or persons who hold licenses and who are not affiliated with the person or firm being reviewed.

  "Report'', when used with reference to financial statements, an opinion, report or other form of language which states or implies assurance as to the reliability of any financial statements and which also includes or is accompanied by any statement or implication that the person or firm issuing it has special knowledge or competence in accounting or auditing. Such a statement or implication of special knowledge or competency may arise from use by the issuer of the report of names or titles indicating that he or it is an accountant or auditor, or from the language of the report itself. The term "report'' includes any form of language which disclaims an opinion when such form of language is conventionally understood to imply a positive assurance as to the reliability of the financial statements referred to or special competence on the part of the person or firm issuing such language; and it includes any other form of language that is conventionally understood to imply such assurance and such special knowledge or competence.

  "Reviewer'', a person, firm, professional society or association, or a member or committee thereof, carrying out, supervising, conducting, advertising, participating in, or overseeing quality review.