Disclaimer by non-qualified firms

Disclaimer by non-qualified firms. An entity that is not qualified to register as a CPA firm or otherwise engage in or hold-out as being able to engage in the practice of certified public accounting, but which engages in aspects of public accountancy as permitted by statute and employs or engages licensee(s) or registration holder in such work must include an asterisk by the name of the employer or principal in each advertisement or written statement by the licensee or registration holder and/or by his employer or principal in which reference is made to the licensee or registration holder or his association with the employer or principal as such, which asterisk shall refer to a notation included within conspicuous proximity and with reasonable prominence that states “This firm is not a CPA firm.”