C.R.S. Section 12-100-124
Investigations

  • findings
  • board actions
  • confidentiality of complaints

(1)

The board, on its own motion based on reasonable grounds or on the signed, written complaint of any person, may investigate any person who has engaged, is engaging, or threatens to engage in any act or practice that constitutes a violation of any provision of this article 100. Actions under this section are governed by section 12-20-403.

(2)

Intentionally left blank —Ed.

(a)

Complaints of record that are dismissed by the board and the results of investigation of the complaints shall be closed to public inspection.

(b)

Upon completing an investigation, the board shall make one of the following findings:

(I)

The complaint is without merit, and no further action need be taken.

(II)

There is no reasonable cause to warrant further action.

(III)

The investigation discloses an instance of conduct that does not warrant formal action and should be dismissed, but the investigation discloses indications of possible errant conduct that could lead to serious consequences if not corrected. If this finding is made, the board shall send a confidential letter of concern to the licensee or registrant in accordance with section 12-20-404 (5).

(IV)

The investigation discloses an instance of conduct that does not warrant formal action but should not be dismissed as being without merit. If this finding is made, the board may send a letter of admonition in accordance with section 12-20-404 (4) to the licensee or registrant by certified mail.

(V)

The investigation discloses facts that warrant further proceedings by formal complaint. If this finding is made, the board shall refer the complaint to the attorney general for preparation and filing of a formal complaint.

(c)

The board shall conduct all proceedings pursuant to subsection (1) of this section and this subsection (2) expeditiously and informally so that no licensee or registrant is subjected to unfair and unjust charges and that no complainant is deprived of the right to a timely, fair, and proper investigation of a complaint.

(3)

Complaints of record that are not dismissed by the board and are the results of investigations of the complaints shall be closed to public inspection, and any meeting concerning the complaints shall be closed to the public during the investigatory period and until a stipulated agreement is reached between the applicant or certificate holder and the board or until notice of hearing and charges are filed and served on an applicant or certificate holder. Except for confidential books of account, financial records, advice, reports, or working papers provided by the client, the certified public accountant, or the certified public accounting firm, the board’s records and papers shall be subject to the provisions of sections 24-72-203 and 24-72-204 regarding public records and confidentiality.

Source: Section 12-100-124 — Investigations - findings - board actions - confidentiality of complaints, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-12.­pdf (accessed Oct. 20, 2023).

12‑100‑101
Legislative declaration
12‑100‑102
Applicability of common provisions
12‑100‑103
Definitions - rules
12‑100‑104
State board of accountancy - subject to termination
12‑100‑105
Powers and duties of board
12‑100‑106
Fees
12‑100‑107
Certificate of certified public accountant - issuance - renewal - reinstatement - rules
12‑100‑108
Educational and experience requirements - rules
12‑100‑109
Examinations - reexaminations - rules
12‑100‑110
Approval of schools
12‑100‑111
Issuance of certificate by reciprocity
12‑100‑112
Use of the title “certified public accountant”
12‑100‑113
Status - retired - inactive
12‑100‑114
Partnerships, professional corporations, and limited liability companies composed of certified public accountants - registration - rules - definitions
12‑100‑115
Continuing education - rules
12‑100‑116
Unlawful acts - definition
12‑100‑117
Exceptions - acts not prohibited - rules
12‑100‑118
Single act evidence of practice
12‑100‑120
Grounds for disciplinary action - administrative penalties
12‑100‑121
Response to board communication
12‑100‑122
Revocation or suspension of partnership, professional corporation, or limited liability company registration
12‑100‑123
Hearings before board - notice - procedure - review
12‑100‑124
Investigations - findings - board actions - confidentiality of complaints
12‑100‑125
Judicial review
12‑100‑126
Reconsideration and review of action of board
12‑100‑127
Unauthorized practice - penalties
12‑100‑128
Ownership of accountant’s working papers
12‑100‑129
Ownership of state auditor’s working papers
12‑100‑130
Repeal of article - subject to review
Green check means up to date. Up to date

Current through Fall 2024

§ 12-100-124’s source at colorado​.gov