86 Ill. Adm. Code 850.165
Revocation of a Certified Audit in Progress
Section
850.165Â Revocation of a Certified Audit in Progress
Approval to participate
will be revoked by the Department based on the following criteria:
a)Â Â Â Â Â Â Â Â the license
of the qualified practitioner is suspended or revoked by the Illinois Department
of Financial and Professional Regulation; or
b)Â Â Â Â Â Â Â Â the
Department initiates an investigation for financial impropriety of the
qualified practitioner or participating taxpayer or is notified by another
local, state or federal agency of an investigation of the qualified
practitioner or participating taxpayer subsequent to submission of the Notice
of Engagement (See Section 850.155) but prior to Department approval of the
Certified Audit Report.