STAND. COM. REP. NO. 3397

                                   Honolulu, Hawaii
                                                     , 2000

                                   RE:  S.C.R. No. 25
                                        S.D. 1




Honorable Norman Mizuguchi
President of the Senate
Twentieth State Legislature
Regular Session of 2000
State of Hawaii

Sir:

     Your Committee on Commerce and Consumer Protection, to which
was referred S.C.R. No. 25 entitled: 

     "A BILL FOR AN ACT REQUESTING THE DEVELOPMENT OF PROPOSED
     LEGISLATION FOR THE REGULATION OF CERTIFIED PUBLIC
     ACCOUNTANCY,"

begs leave to report as follows:

     The purpose of this resolution is to request the Department
of Commerce and Consumer Affairs and various organizations
representing certified public accountants to develop and propose
an omnibus legislation to regulate certified public accountants. 

     Your Committee finds that persons professing special
competence in accounting and representing themselves to be
certified public accountants should demonstrate their
qualifications to be a member of this profession.  Conversely,
persons who have not demonstrated and maintained their
qualifications should not be permitted to represent themselves as
having such special competence or to offer such assurance

     Your Committee received testimony on this measure from the
Department of Commerce and Consumer Affairs, the Hawaii Society
of Certified Public Accountants, PricewaterhouseCoopers LLP,
Wachi and Watanabe, Inc., and the National Association of Tax
Preparers.

     The National Association of Tax Preparers expressed concern
that those not representing themselves to be certified public

 
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                                   STAND. COM. REP. NO. 3397
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accountants would also be affected by an omnibus legislation.
Your Committee was given assurances by certified public
accountants present that the omnibus legislation will only impact
those that represent themselves as certified public accountants.
Accordingly, your Committee has amended this concurrent
resolution to reflect the Committee's intent that the omnibus
legislation regulate only certified public accountants or those
who represent themselves to be certified public accountants.

     As affirmed by the record of votes of the members of your
Committee on Commerce and Consumer Protection that is attached to
this report, your Committee concurs with the intent and purpose
of S.C.R. No. 25, as amended herein, and recommends its adoption
in the form attached hereto as S.C.R. No. 25, S.D. 1.

                                   Respectfully submitted on
                                   behalf of the members of the
                                   Committee on Commerce and
                                   Consumer Protection,



                                   ______________________________
                                   BRIAN KANNO, Co-Chair



                                   ______________________________
                                   BRIAN T. TANIGUCHI, Co-Chair

 
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