Mississippi Administrative Code › Title 30 - Professions and Occupations › Part 1 - Mississippi State Board of Public Accountancy Rules and Regulations Appendix; Schedule of Fees › Chapter 2 - Licenses and Practice Privileges › Rule 30-1-2.6 - Reciprocity

Current through June 25, 2024
Rule 2.6.1. Persons holding CPA certificates/licenses
				  granted by other jurisdictions must apply for reciprocity for a CPA license
				  with the Mississippi State Board of Public Accountancy if they do not meet the
				  following exemptions. In addition, CPA firms must apply for registration of a
				  firm permit to practice public accounting in accordance with the provisions of
				  Chapter 3 of these
Rules and Regulations
.
Rule 2.6.2. Mississippi reciprocity law and regulations do
				  not apply to holders of CPA certificates/licenses granted by other
				  jurisdictions:
(a) whose principal
				place of business is not in Mississippi, and
(b) who hold a valid license as a CPA from
				any state which is substantially equivalent as defined in these Rules and
				Regulations, and
(c) who avail
				themselves of the practice privilege in accordance with Section
				73-33-17.
Rule 2.6.3. Rescinded
Rule 2.6.4. Each application for a reciprocal CPA license
				  shall be considered on its own merits. No reciprocal CPA license shall be
				  issued to holders of certificates from other jurisdictions unless the
				  jurisdiction that issued the certificate/license confirms the applicant is in
				  good standing, and then only if the said jurisdiction grants reciprocity to
				  Mississippi CPAs.
Rule 2.6.5. An individual holding a valid certificate and
				  license in good standing as a CPA issued by any jurisdiction and of good moral
				  character may make application for a CPA license in Mississippi. Applications
				  for reciprocal CPA licenses shall be made on forms prescribed by the Board and
				  submitted to the executive director. The application must be accompanied by the
				  requisite fee and shall include written authorization from the applicant
				  empowering the Board to obtain all information concerning the applicant's
				  qualifications and present standing.
Rule 2.6.6. The Board shall evaluate each application and
				  shall issue a reciprocal CPA license based on evidence of an active license in
				  good standing in a substantially equivalent jurisdiction. If an applicant has
				  an active license in a jurisdiction that is not substantially equivalent, the
				  Board will consider issuing a reciprocal CPA license if the applicant's
				  qualifications are substantially equivalent to those required to obtain a
				  Mississippi original CPA license.
Rule 2.6.7. Applicants for reciprocal CPA licenses shall not
				  be required to reside or have a place for the regular transaction of business
				  in Mississippi.
Rule 2.6.8. Applicants for reciprocal CPA licenses shall be
				  required to comply with all of the same
Rules and Regulations
as holders of original Mississippi licenses, including but not limited to CPA
				  firm registration, continuing professional education requirements, annual
				  registration and address changes.