Florida Statute 473.3205 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXII
REGULATION OF PROFESSIONS AND OCCUPATIONS

Chapter 473
PUBLIC ACCOUNTANCY

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F.S. 473.3205

473.3205 Commissions or referral fees.—A certified public accountant or firm may not accept or pay a commission or referral fee in connection with the sale or referral of public accounting services as defined in s. 473.302(8)(a) and (c). Any certified public accountant or firm that is engaged in the practice of public accounting and that accepts a commission for the sale of a product or service to a client must disclose that fact to the client in writing in accordance with rules adopted by the board. However, this section shall not prohibit:

(1) Payments for the purchase of an accounting practice;

(2) Retirement payments to individuals formerly engaged in the practice of public accounting or payments to their heirs or estates; or

(3) Payment of fees to a referring certified public accountant or firm for public accounting services to the successor certified public accountant or firm or the client in connection with an engagement.

History.—ss. 3, 5, ch. 89-87; s. 4, ch. 91-429; s. 3, ch. 97-35; s. 352, ch. 97-103; s. 11, ch. 98-340; s. 19, ch. 2009-54.

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Amendments to 473.3205

Arrestable Offenses / Crimes under Fla. Stat. 473.3205

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 473.3205.

Annotations, Discussions, Cases:

Cases Citing Statute 473.3205

Total Results: 2

Saltmarsh, Cleveland & Gund, P.A. v. Pappas

Court: Fla. Dist. Ct. App. | Date Filed: 2001-11-06T00:00:00-08:00

Citation: 799 So. 2d 348, 2001 Fla. App. LEXIS 15634, 2001 WL 1355310

Snippet: by section 473.3205, Florida Statutes, as construed by the court in Paoli.1 Section 473.3205 provides: …commissions and therefore illegal under section 473.3205. The accounting firm in Paoli argued that the …practice so that the first exception in section 473.3205 applied. The court rejected this argument. Appellants… commissions under the general rule of section 473.3205, the exceptions are not applicable and need not…Services, that would be prohibited under section 473.3205. We reverse the dismissal of Appellants’ claims

Paoli v. NATHERSON & CO., PA

Court: Fla. Dist. Ct. App. | Date Filed: 1999-07-09T00:53:00-07:00

Citation: 750 So. 2d 46

Snippet: former company clients, in violation of section 473.3205, Florida Statutes (1993). The paragraph of the…allowing the jury to consider the effect of section 473.3205, Florida Statutes (1993), upon the plain meaning…. The trial court found, however, that section 473.3205 barred a liquidated damages clause. The Natherson