(a) The Board has determined that the
following states require education, examination, and experience qualifications
for licensure, when issuing a certified public accountant license to practice
public accountancy, substantially equivalent to this state's qualifications:
Alabama, Alaska, Arizona, Arkansas, Commonwealth of the
Northern Mariana Islands, Colorado, Connecticut, Delaware, District of
Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa,
Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan,
Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New
Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,
Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota,
Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia,
Wisconsin, Wyoming.
(b)
Individuals who have not continually practiced public accountancy as a
certified public accountant under a valid license issued by any state for at
least four of the last 10 years, or who do not hold a license issued by a state
that is listed in subdivision (a), shall meet the following requirements in
order for their education, examination, and experience qualifications to be
considered substantially equivalent to this state's qualifications:
(1) Obtain an individual qualification
evaluation of substantial equivalency by the National Association of State
Boards of Accountancy's (NASBA) CredentialNet. Prior to practicing in
California under a practice privilege, an individual shall apply to NASBA's
CredentialNet, pay the required fee, and obtain the required substantial
equivalency determination.
(2) The
individual shall retain the NASBA file number, present it to the Board upon
request, and authorize the Board to review the NASBA file upon
request.
Notes
Cal. Code Regs.
Tit. 16, §
5.5
1. New section
filed 6-10-2013 as an emergency; operative 7-1-2013 pursuant to Government Code
section
11343.4(b)(2)
(Register 2013, No. 24). A Certificate of Compliance must be transmitted to OAL
by 12-30-2013 or emergency language will be repealed by operation of law on the
following day.
2. Certificate of Compliance as to 6-10-2013 order
transmitted to OAL 11-5-2013 and filed 12-18-2013 (Register 2013, No.
51).
Note: Authority cited: Sections
5010
and
5096.9,
Business and Professions Code. Reference: Sections
5032,
5093
and
5096,
Business and Professions Code.
1. New section filed
6-10-2013 as an emergency; operative 7-1-2013 pursuant to Government Code
section
11343.4(b)(2)
(Register 2013, No. 24). A Certificate of Compliance must be transmitted to OAL
by 12-30-2013 or emergency language will be repealed by operation of law on the
following day.
2. Certificate of Compliance as to 6-10-2013 order
transmitted to OAL 11-5-2013 and filed 12-18-2013 (Register 2013, No.
51).