Arkansas Administrative Code › Agency 019 - State Board of Accountancy › Rule 019.00.20-005 - Rule 10 "Registration"

Current through Register Vol. 49, No. 6, June, 2024
RULE 10
REGISTRATION
10.1 INITIAL
		  APPLICATION, RECIPROCAL, OR REINSTATEMENT
Application for an initial license, reinstatement, or renewal
			 shall be made on a form provided by the Board, and in the case of application
			 for renewal, shall be filed by January 1 of each year.
10.2 CRIMINAL BACKGROUND CHECKS
(a) Each applicant for an initial license,
		  including a reciprocal license, or for a new license under Ark. Code Ann.
		  § 17-12-504(h), shall apply, using forms furnished by and pursuant to
		  instructions provided by the Board, for state and national criminal background
		  checks to be conducted by the Identification Bureau of the Department of
		  Arkansas State Police and Federal Bureau of Investigation. The Board may, in
		  its discretion and on reasonable cause, require an applicant seeking the
		  reinstatement of a license under Ark. Code Ann. § 17-12-504(g) to apply
		  for the criminal background checks as provided herein.
(b) The criminal background checks shall have
		  been completed no earlier than six (6) months prior to the date of receipt of
		  the application, unless the delay is beyond the control of the
		  applicant.
(c) An applicant who
		  seeks a waiver under Ark. Code Ann. § 17-3-102(b) of disqualification from
		  licensure resulting from a criminal conviction shall deliver to the Board:
(1) File-marked copies of court documents
		  pertinent to conviction, i.e., information, indictment, or other charging
		  documents, and judgments, orders, final rulings, or other documents specifying
		  conviction and sanctions, and penalties; and
(2) Documentation from the appropriate
		  governmental official regarding the applicant's status and compliance with
		  regard to terms of probation, parole, restitution, penalty, or any other
		  sanctions.
(d)
(1) If the executive director notifies an
		  applicant for licensure that his or her application has been denied on the
		  grounds that the applicant is ineligible for licensure due to a criminal
		  conviction covered by Ark. Code Ann. § 17-3-102(a), then the applicant may
		  request a waiver of the disqualifying condition and a hearing pursuant to Ark.
		  Code Ann. § 17-3-102(b). The request for a waiver and hearing shall be
		  made in writing and submitted to the executive director.
(2) The request for waiver shall not be
		  considered until the application, fees, applicable documentation, both federal
		  and state criminal background check reports, and written request for waiver are
		  received by the Board.
(3) The
		  Board shall conduct the waiver hearing in accordance with the provisions of
		  Ark. Code Ann. § 17-3-102 and the hearing procedures set forth in Rule
		  11.
10.3
		  LICENSE RENEWAL
The Board will renew the license to the applicant who has
			 complied with the registration in 10.1 provided:
(1) the necessary information was furnished
		  on the annual registration form;
(2) the required fee for said registration
		  was paid, and
(3) there is no
		  existing suspension of certificate, license or right to apply.
10.4 REPEALED
10.5 FIRM REGISTRATION
(a) A firm engaged in the practice of public
		  accounting that has an office in this state must register with the Board.
		  Application for an initial firm registration and subsequent renewal must be
		  made on a form provided by the Board.
(1) As
		  defined in Rule 7, a firm includes a corporation, partnership, limited
		  liability company, sole proprietorship, and other permissible forms of
		  practice.
(b) A firm
		  engaged in the practice of public accounting that does not have an office in
		  this state must register with the Board in order to provide the services listed
		  below for any client whose home office is in this state. Applicants for an
		  initial firm registration and subsequent renewals must be made on a form
		  provided by the Board. Services requiring firm registration include:
(1) A financial statement audit or other
		  engagement to be performed in accordance with the
Statements on
		  Auditing Standards
,
(2) An
		  examination of prospective financial information to be performed in accordance
		  with
Statements on Standards for Attestation Engagements
,
		  and
(3) An engagement to be
		  performed in accordance with PCAOB Standards.
(c) In the case of firms with multiple
		  offices, the licensee shall identify on its original and each renewal
		  application each office to be registered, as prescribed on a form approved by
		  the Board.
10.6
		  TEMPORARY LICENSURE
Notwithstanding the provisions of rules 10.1 through 10.5 above,
			 the Board may issue temporary licenses to certain persons under the conditions
			 set forth in Rule 19.2.