TABLE OF CONTENTS

 

CHAPTER Ac 100  ORGANIZATIONAL RULES

PART Ac 101  PURPOSE AND SCOPE

Section Ac 101.01  Purpose and Scope

 

PART Ac 102  DEFINITIONS

Section Ac 102.01  Board

Section Ac 102.02  Certified Public Accountant (CPA)

Section Ac 102.03  Chartered Accountant

Section Ac 102.04  Client

Section Ac 102.05  Code of Professional Conduct

Section Ac 102.06  Contadores Publicos Certificado

Section Ac 102.07  CPA Firm

Section Ac 102.08  Financial Statement

Section Ac 102.09  Firm

Section Ac 102.10  License

Section Ac 102.11  Licensee

Section Ac 102.12  Permit

Section Ac 102.13  Public Accountancy

Section Ac 102.14  Public Accountant (PA)

Section Ac 102.15  Public Accounting Experience

Section Ac 102.16  Public Accounting Firm (PA Firm)

Section Ac 102.17  Semester Hour

 

          PART Ac 103  BOARD ORGANIZATION

Section Ac 103.01  Members and Officers

Section Ac 103.02  Organization

Section Ac 103.03  Meeting Location

Section Ac 103.04  Presiding Officer

Section Ac 103.05  Functions of the Board

Section Ac 103.06  Office Hours, Office Location, Mailing Address and Telephone

 

          PART Ac 104  PUBLIC ACCESS TO INFORMATION

Section Ac 104.01  Public Access

Section Ac 104.02  Licensee Access to Information

Section Ac 104.03  Record of Board Actions

Section Ac 104.04  Copies

Section Ac 104.05  Unavailability of Public Records

Section Ac 104.06  List of Licensed Professional and Exam Candidates

 

          PART Ac 105  MEETINGS, DELIBERATIONS AND DECISIONS

Section Ac 105.01  Meetings

Section Ac 105.02  Quorum

Section Ac 105.03  Board Meeting Procedures

Section Ac 105.04  Procedures

Section Ac 105.05  Tentative Decisions

 

          PART Ac 106  APPOINTMENT OF COMMITTEES

Section Ac 106.01  Committees

 

CHAPTER Ac 200 PRACTICE AND PROCEDURE

PART Ac 201  PURPOSE AND SCOPE

Section Ac 201.01  Purpose

Section Ac 201.02  Scope

 

PART Ac 202  DEFINITIONS

Section Ac 202.01  Definitions

 

PART Ac 203  FILING AND SERVICE OF DOCUMENTS

Section Ac 203.01  Filing of Documents with the Board

Section Ac 203.02  Subscription and Veracity of Documents

Section Ac 203.03  Service of Documents

Section Ac 203.04  Failure to Comply with Rules

 

PART Ac 204  COMPLAINTS, INVESTIGATIONS AND HEARINGS

Section Ac 204.01  Initiation of Disciplinary Proceedings

Section Ac 204.02  Complaints of Misconduct

Section Ac 204.03  Processing of Complaints and Complainant Participation

Section Ac 204.04  Investigations

 

          PART Ac 205  APPEARANCE BEFORE THE BOARD

Section Ac 205.01  Representatives

 

          PART Ac 206  PLEADINGS AND MOTIONS

Section Ac 206.01  Pleadings

Section Ac 206.02.  Motions and Objections Thereto

 

          PART Ac 207  TIME PERIODS

Section Ac 207.01  Computation of Time

Section Ac 207.02  Change in Allowed Times

Section Ac 207.03  Limitations

 

          PART Ac 208  PRESIDING OFFICER

Section Ac 208.01  Designation

Section Ac 208.02  Authority of Presiding Officer

Section Ac 208.03  Exceptions to Rulings by the Presiding Officer

Section Ac 208.04  Withdrawal of Presiding Officer

 

          PART Ac 209  COMMENCEMENT OF ADJUDICATIVE PROCEEDINGS

Section Ac 209.01  Scope

Section Ac 209.02  Commencement

Section Ac 209.03  Docketing, Service of Notice, Public Notice

Section Ac 209.04  Intervention

Section Ac 209.05  Rights to Representation

Section Ac 209.06  Discovery and Disclosure

Section Ac 209.07  Subpoena

Section Ac 209.08  Ex Parte Communications

Section Ac 209.09  Consolidation

Section Ac 209.10  Severance

Section Ac 209.11  Waivers

 

          PART Ac 210  ADJUDICATIVE PROCEEDING PROCESS

Section Ac 210.01  Prehearing Conferences

Section Ac 210.02  Burden of Proof

Section Ac 210.03  Methods of Processing

Section Ac 210.04  Evidence

Section Ac 210.05  Continuances

Section Ac 210.06  Inquiry by Board Members

Section Ac 210.07  Proposed Findings of Fact and Conclusions of Law

 

          PART Ac 211  DECISIONS AND ORDERS

Section Ac 211.01  Decisions and Orders

 

          PART Ac 212  VOLUNTARY LICENSE SURRENDER

Section Ac 211.01  Voluntary Surrender by Licensees

 

          PART Ac 213  RECONSIDERATION AND STAY

Section Ac 213.01  Motion for Reconsideration

Section Ac 213.02  Reconsideration on the Board’s Own Motion

Section Ac 213.03  Stay of Board Orders

 

          PART Ac 214  RULEMAKING

                  Section Ac 214.01  How Adopted

                  Section Ac 214.02  Petition for Rulemaking

                  Section Ac 214.03  Disposition of Petitions for Rulemaking

                  Section Ac 214.04  Requests for Explanation of Adopted Rules

                  Section Ac 214.05  Contents of Explanation

 

          PART Ac 215  DECLARATORY RULINGS

                  Section Ac 215.01  Petitions

                  Section Ac 215.02  Action on Petitions

 

CHAPTER Ac 300  CERTIFICATION, REGISTRATION, AND PERMIT REQUIREMENTS

PART Ac 301  APPLICATION PROCEDURE

Section Ac 301.01  Purpose

Section Ac 301.02  CPA Certification Process Overview

Section Ac 301.03  Requirements for Forms and Other Submissions

Section Ac 301.04  Application for Initial Certification as CPA Form

Section Ac 301.05  Application for Certification as CPA through Reciprocity Form

Section Ac 301.06  Character Reference Form

Section Ac 301.07  Public Accounting Experience Verification Form

Section Ac 301.08  Governmental Accounting Experience Verification Form

Section Ac 301.09  Authorization for Interstate Exchange of Information Form

Section Ac 301.10  CPA Firm Permit Overview

Section Ac 301.11  CPA Firm Permit Application Form

Section Ac 301.12  Affidavit for Peer Review Form  

Section Ac 301.13  Fees

Section Ac 301.14  License Issuance and Expiration

 

PART Ac 302  QUALIFICATIONS

Section Ac 302.01  Initial CPA Applicant Qualifications

Section Ac 302.02  CPA Certificate Applicant Education

Section Ac 302.03  Educational Qualifications for CPA Examination

Section Ac 302.04  CPA Certificate Applicant Accounting Experience

Section Ac 302.05  Character

Section Ac 302.06  CPA Certificate Applicant Personal Appearance

Section Ac 302.07  CPA Firms

 

PART Ac 303  EXAMINATION

Section Ac 303.01  Scope

Section Ac 303.02  CPA Examination Required

Section Ac 303.03  CPA Examination Subjects

Section Ac 303.04  Conduct During CPA Examination

Section Ac 303.05  International Qualifications Examination (IQEX) Required

Section Ac 303.06  IQEX Subjects

Section Ac 303.07  Conduct During IQEX

 

PART Ac 304  RECIPROCITY

Section Ac 304.01  Domestic Reciprocity CPA Certificate Applicant Qualifications

Section Ac 304.02  Domestic Substantial Equivalency

Section Ac 304.03  Domestic Reciprocity CPA Certificate Applicant Education

Section Ac 304.04  Domestic Reciprocity CPA Applicant Accounting Experience

Section Ac 304.05  International Reciprocity

Section Ac 304.06  Character

Section Ac 304.07  CPA Applicant Personal Appearance

 

PART Ac 305  CREDENTIALS

       Section Ac 305.01  License

       Section Ac 305.02  Pocket Cards

 

CHAPTER Ac 400  CONTINUED STATUS

PART Ac 401  RENEWAL

Section Ac 401.01  Renewal Process Overview

Section Ac 401.02  General Requirements for Renewal Documentation

Section Ac 401.03  Certificate, Registration, and Permit Expiration

Section Ac 401.04  Renewal Forms

Section Ac 401.05  Documentation of Completion of Continuing Professional Education

Section Ac 401.06  Inactive Status Designation

Section Ac 401.07  Return to Active Practice

Section Ac 401.08  Voluntary Surrender by Licensees

 

PART Ac 402  REVOCATION, SUSPENSION, AND OTHER SANCTIONS

Section Ac 402.01  Initiation of Disciplinary Action

Section Ac 402.02  Disciplinary Sanctions

Section Ac 402.03  Revocation

Section Ac 402.04  Suspension

Section Ac 402.05  Primary Sanctions

Section Ac 402.06  Administrative Fines

Section Ac 402.07  Procedures for Assessing and Collecting Fines

 

PART Ac 403  CONTINUING EDUCATION

Section Ac 403.01  Continuing Professional Education Requirements

Section Ac 403.02  Continuing Professional Education

 

PART Ac 404  ONGOING REQUIREMENTS

Section Ac 404.01  Severance of Connection

Section Ac 404.02  CPA Outsourcing Disclosures to Clients

Section Ac 404.03  Retention of Client Records

 

PART Ac 405  PEER REVIEW

Section Ac 405.01  Definitions

Section Ac 405.02  Peer Review Required

Section Ac 405.03  Ethical Duties of Reviewer

 

CHAPTER Ac 500  ETHICS

PART Ac 501  APPLICABILITY

Section Ac 501.01  Application to All Professional Services

Section Ac 501.02  Violations of Rules Also an Act of Misconduct

Section Ac 501.03  Licensee Responsibility for Associates

Section Ac 501.04  Applicability to Indirect Services

 

PART Ac 502  INDEPENDENCE

Section Ac 502.01  Opinion on Financial Statements

 

PART Ac 503  INDEPENDENCE, INTEGRITY AND OBJECTIVITY

Section Ac 503.01  Standards of Integrity and Objectivity

 

PART Ac 504  GENERAL STANDARDS OF ACCOUNTING PRINCIPLES

Section Ac 504.01  Professional Standards

Section Ac 504.02  Accounting Principles

 

PART Ac 505  CONFIDENTIAL CLIENT INFORMATION

Section Ac 505.01  Disclosure of Confidential Information

Section Ac 505.02  Use of Third Party Service Providers

 

PART Ac 506  CONTINGENT FEES

Section Ac 506.01  Prohibition

Section Ac 506.02  Contingent Fee

Section Ac 506.03  Fees

 

PART Ac 507  ACTS DISCREDITABLE

Section Ac 507.01  Prohibition

Section Ac 507.02  Advertising and Other Forms of Solicitation

Section Ac 507.03  Commissions

Section Ac 507.04  Referral Fees

Section Ac 507.05  Form of Practice and Name

Section Ac 507.06  Registered Investment Advisors