After notice and hearing as provided in section 542C.23, the board may revoke or may suspend for a period not to exceed two years, a certificate issued under section 542C.5 or a license issued under section 542C.7 or 542C.8, or may revoke, suspend, or refuse to renew a permit issued under section 542C.20, or may censure the holder of a permit, for any one or any combination of the following causes:
1. The certificate, permit, or license shall be permanently revoked if fraud or deceit was used in obtaining a certificate as a certified public accountant or a license as an accounting practitioner, or in obtaining a permit to practice public accounting under this chapter.
2. Dishonesty, fraud, or gross negligence in the practice of public accounting.
3. Violation of any of the provisions of section 542C.25.
4. Violation of a rule of professional conduct promulgated by the board under the authority granted by this chapter.
5. Conviction of a felony under the laws of any state or of the United States.
6. Engaging in any activity prohibited under section 542C.3 or permitting persons associated with the holder who are under the holder's supervision to do so.
7. Conviction of any crime, an element of which is dishonesty or fraud, under the laws of any state or of the United States.
8. Cancellation, revocation, suspension, or refusal to renew the authority to practice as a certified public accountant or an accounting practitioner by any other state, for any cause other than failure to pay appropriate fees in the other state.
9. Suspension or revocation of the right to practice before any state or federal agency.
10. Conduct discreditable to the public accounting profession.
[SS15, § 2620-g; C24, 27, § 1899; C31, 35, § 1905-c16; C39, §1905.14; C46, 50, 54, 58, 62, 66, 71, 73, § 116.14; C75, 77, 79, 81, § 116.21; 82 Acts, ch 1038, § 2]
91 Acts, ch 97, §16
C93, § 542C.21
Referred to in § 272C.3, 272C.4
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