58-26a-102. Definitions.
\nIn addition to the definitions in Section 58-1-102, as used in this chapter:<\/p>\n
(3) “Certified Public Accountant” or “CPA” means an individual currently licensed by this state or any other state to practice public accountancy or who has been granted a certificate as a certified public accountant under prior law or this chapter.<\/p><\/blockquote>\n
Part of this Act then explains who does not need a CPA license to perform job duties. As this applies to Gil Fuller, he is not required to have a CPA license in order to act as the CFO of Usana.<\/p>\n
58-26a-305. Exemptions from licensure.
\nIn addition to the exemptions from licensure in Section 58-1-307, the following may engage in acts included within the definition of the practice of public accountancy, subject to the stated circumstances and limitations, without being licensed under this chapter:
\n(1) a person licensed by any other state, district, or territory of the United States or any foreign country as a certified public accountant or its equivalent under any other title while temporarily practicing in this state if:
\n(a) the practice is incidental to that person’s regular practice outside of this state; and
\n(b) if that person’s temporary practice within this state is in conformity with this chapter and rules established under this chapter;
\n(2) an officer, member, partner, or employee of any entity or organization who signs any statement or report in reference to the financial affairs of the entity or organization with a designation of that person’s position within the entity or organization;<\/p><\/blockquote>\n
However, if Fuller does not have the CPA license, he is not permitted by law<\/strong> to call himself a CPA.<\/p>\n58-26a-501. Unlawful conduct.
\n“Unlawful conduct” includes:
\n(1) using “certified public accountant,” “public accountant,” “CPA,” or any other title, designation, words, letters, abbreviation, sign, card, or device tending to indicate that the person is a certified public accountant, unless that person has:
\n(a) a current license as a certified public accountant issued under this chapter; or
\n(b) (i) a current license or certificate as a certified public accountant issued by any jurisdiction of the United States; and
\n(ii) (A) the use in this state is incidental to primary services being lawfully performed outside of this state; or
\n(B) the division has entered into a reciprocal agreement with that jurisdiction to recognize the license issued by that jurisdiction;<\/p><\/blockquote>\n
So is Gil Fuller breaking the law?<\/p>\n","protected":false},"excerpt":{"rendered":"
You be the judge. Here is the biographical information from Usana’s most recent 14A filed with the Securities and Exchange Commission on March 13, 207:<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[184],"tags":[],"class_list":["post-753","post","type-post","status-publish","format-standard","hentry","category-pyramid-schemes-mlm"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-c9","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=753"}],"version-history":[{"count":0,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/753\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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