Arkansas Administrative Code › Agency 235 - DEPARTMENT OF LABOR AND LICENSING › Division 06 - Arkansas State Board of Public Accountancy › Rule 235.06.22-003 - Board Rule 12 Fees

Current through Register Vol. 49, No. 6, June, 2024
RULE 12
FEES
The fees for various services of the Board are as follows (must
				be paid in U. S. dollars):
12.1 CPA
			 EXAMINATION:
* Application Fees - First-Time and Section Fees
				(non-refundable and non-transferable):
First-time application fee
						  .............................................................................
$50
Applying for one section
						  .............................................................................
$75
Applying for two sections
						  ............................................................................
$90
Applying for three sections
						  .........................................................................
$105
Applying for four sections
						  ...........................................................................
$120
* Other Costs:
Fees for the NASBA, AICPA, and Test Delivery Provider are also
				collected by the Board and held for the candidate for transfer to these
				entities.
These entities set fees separate from the Board. The Board will
				display such fees on the examination application.
12.2 APPLICATION FEES (non refundable):
CPA/PA
						  License..........................................................................................
$50
Reciprocal License
						  .....................................................................................
$50
Registration as a Public Accountant
						  ...........................................................
$50
Firm Registration of Partnership, Limited Liability
						  Company or Corporation Composed of CPAs
						  ...................................................
$110
Firm Registration of Partnership, Limited Liability
						  Company or Corporation Composed of PAs
						  .....................................................
$110
Firm Registration of Sole Proprietor, Partnership,
						  Limited Liability Company or Corporation Composed of CPAs required to register
						  under Substantial Equivalency
						  ......................................................
$110
Reinstatement
						  ...........................
$150
Duplicate or replacement
						  certificate.................
$ 40
Transfer of Credits From Another Jurisdiction:
Transfer Fee for Each Part
						  .........................................................................
$10
12.3
			 ANNUAL REGISTRATION FEES
License to
						  Practice.................................................
$110
Inactive License
						  Status...........................
$55
Firm Registration: Partnership, Corporations and
						  Limited Liability
						  Company..................................................................................
$110
Firm Registration of Sole Proprietor, Partnership,
						  Limited Liability Company or Corporation Composed of CPAs required to register
						  under Substantial Equivalency
$110
Registration of each firm office in excess of one
						  office..........
.$ 25
Late Fee - License to Practice/Firms..............per
						  month
$ 25
Late Fee - Inactive License
						  Status................................per month
$10
12.4
			 QUALITY REVIEW
Fee for First
						  Report.........................
$100
Fee for each additional type of report
						  submitted............
$50
Fees are due at the time reports are submitted for review in
				response to QR Survey.
12.5
			 WAIVER OF INITIAL LICENSING FEES
(A) Pursuant
			 to Act 725 of 2021, an applicant may receive a waiver of the initial licensure
			 fee, if eligible. Eligible applicants are applicants who:
1) Are receiving assistance through the
			 Arkansas, or current state of residence equivalent, Medicaid Program, the
			 Supplemental Nutrition Assistance Program (SNAP), the Special Supplemental
			 Nutrition Program for Women, Infants, and Children (SSNP), the Temporary
			 Assistance for Needy Families Program (TEA), or the Lifeline Assistance Program
			 (LAP);
2) Were approved for
			 unemployment benefits within the last twelve (12) months; or
3) Have an income that does not exceed two
			 hundred percent (200%) of the federal poverty income guidelines.
(B) Applicants shall provide
			 documentation as follows:
1) For Medicaid,
			 SNAP, SSNP, TEA, or LAP, documentation from the Arkansas Department of Human
			 Service (DHS), or current state of residence equivalent agency;
2) For unemployment benefits approval in the
			 last twelve (12) months, documentation from the Arkansas Department of
			 Workforce Services, or current state of residence equivalent agency;
			 or
3) For the income provision in
			 (A)(3) above, a signed affidavit confirming that he or she has an income that
			 does not exceed two hundred percent (200%) of the federal poverty income
			 guidelines, as established by the United States Federal government. The
			 applicant may be required by the Board to submit income tax related documents
			 for verification purposes.
The waiver does not include fees charged for the CPA exam or
				criminal background checks.