Tenn. Comp. R. & Regs. 0020-03-.01 - DEFINITIONS

(1) For the purpose of this Chapter, unless the context otherwise requires:

(a) "Client" shall be defined as in Tenn. Code Ann. § 62-1-103;

(b) "Enterprise" means any person(s) or entity, whether organized for profit or not, with respect to which a licensee performs professional services;

(c) "Firm" means a sole proprietorship, partnership, or corporation holding a permit or required to hold a permit issued under Tenn. Code Ann. §§ 62-1-108, 62-1-109 or corresponding prior law;

(d) "Licensee" shall be defined as in Tenn. Code Ann. § 62-1-103;

(e) "Professional service" means any service performed or offered by a licensee for a client in the course of the practice of public accountancy.

Notes

Tenn. Comp. R. & Regs. 0020-03-.01

Original rule filed June 9, 1981; effective August 18, 1981. Amendment filed February 18, 1993; effective April 3, 1993. Amendment filed May 11, 1995; effective July 24, 1995. Repeal and new rule filed June 10, 1999; effective August 24, 1999.

Authority: T.C.A. §§ 62-1-105 and 62-1-111.