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ACCOUNTANT

In document SR 9 9 8 (Page 32-35)

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(a) The certificate of “certified public accountant” shall be granted to persons of good

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moral character who meet the education, experience and examination requirements

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of the following subsections of this Section and rules adopted thereunder and who

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make application therefor pursuant to Section 6 of this Act.

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COMMENT: As mentioned in the introductory comments, this Uniform Act, like many 10

accountancy laws now in effect, involves a licensure system that eliminates questions as to who 11

may use the CPA title. All individuals who wish to use the CPA title in a state must have a 12

certificate from that state or have practice privileges pursuant to Section 23. 13

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It may be noted that this provision contemplates that there will be no certificate requirements 15

with respect to citizenship, age, or residency. A citizenship requirement would not be 16

constitutional; in view of the education requirement, a separate age requirement seems without 17

utility; and in light of the desirability, explained in the introductory comments, of achieving 18

maximum uniformity and reciprocity among the various states, a residency requirement seems 19

not merely useless but counterproductive. 20

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(b) Good moral character for purposes of this Section means the propensity to provide

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professional services in a fair, honest, and open manner. The Board may refuse to

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grant a certificate on the ground of failure to satisfy this requirement only if there is

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a substantial connection between the lack of good moral character of the applicant

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and the professional responsibilities of a licensee and if the finding by the Board of

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lack of good moral character is supported by clear and convincing evidence. When

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an applicant is found to be unqualified for a certificate because of a lack of good

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moral character, the Board shall furnish the applicant [a] statement containing the

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findings of the Board, a complete record of the evidence upon which the

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determination was based, and a notice of the applicant’s right of appeal.

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COMMENT: The precise meaning of a “good moral character” is difficult to prescribe, but the 33

definition offered in this section has been understood and sustained by courts. This provision is 34

intended both to assure that the requirement of good moral character will be narrowly and 35

precisely construed, avoiding problems of both vagueness and over breadth and to assure 36

procedural fairness in any instance where a certificate is denied on the basis of lack of good 37

moral character. The right of appeal referred to would presumably be prescribed by a statute of 38

general application, such as an Administrative Procedure Act. 39

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(c) The education requirement for a certificate, which must be met before an applicant

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is eligible to apply for the examination prescribed in subsection (d), shall be as

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(1) During the five -year period immediately following the effective date of this

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Act, a baccalaureate degree or its equivalent conferred by a college or

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university acceptable to the Board, with an accounting concentration or

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equivalent as determined by Board rule to be appropriate;

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(2) After the expiration of the five -year period immediately following the effective

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date of this Act, at least 150 semester hours of college education including a

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baccalaureate or higher degree conferred by a college or university acceptable

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to the Board, the total educational program to include an accounting

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concentration or equivalent as determined by Board rule to be appropriate.

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COMMENT: Paragraph (2) of this provision would, after the lapse of the specified number of 12

years, put into effect a 150-hour education requirement. The report of the Commission on 13

Professional Accounting Education (issued in August 1983) sets out the considerations that 14

underlie the policies of both the AICPA and NASBA favoring establishment of such a 15

requirement. 16

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(d) The examination required to be passed as a condition for the granting of a

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certificate shall be held regularly throughout the year, and shall test the applicant’s

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knowledge of the subjects of accounting and auditing, and such other related

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subjects as the Board may specify by rule, including but not limited to business law

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and taxation. The Board shall prescribe by rule the methods of applying for and

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conducting the examination, including methods for grading and determining a

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passing grade required of an applicant for a certificate provided, however, that the

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Board shall to the extent possible see to it that the examination itself, grading of the

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examination, and the passing grades, are uniform with those applicable in all other

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states. The Board may make such use of all or any part of the Uniform Certified

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Public Accountant Examination and Advisory Grading Service of the American

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Institute of Certified Public Accountants and may contract with third parties to

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perform such administrative services with respect to the examination as it deems

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appropriate to assist it in performing its duties hereunder.

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COMMENT: The Uniform Certified Public Accountant Examination and Advisory Grading 33

Service, referred to in this provision, has for some years been consistently used by the Board of 34

Accountancy (or its equivalent) of every American jurisdiction. Although the grading provided 35

by that service is, as the name implies, only advisory, with each state Board retaining ultimate 36

authority to determine grades and passing requirements, it is obvious that uniformity among 37

jurisdictions in these matters is a matter of considerable importance. Uniformity respecting the 38

examination is essential to ensuring interstate mobility for the certificate holders of this state. 39

Provisions related to conditioning are set out in the Uniform Accountancy Act Rules. 40

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(e) The Board may charge, or provide for a third party administering the examination

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to charge, each applicant a fee, in an amount prescribed by the Board by rule.

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(f) An applicant for initial issuance of a certificate under this Section shall show that

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the applicant has had one year of experience. This experience shall include

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providing any type of service or advice involving the use of accounting, attest,

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compilation, management advisory, financial advisory, tax or consulting skills all of

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which was verified by a licensee, meeting requirements prescribed by the Board by

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rule. This experience would be acceptable if it was gained through employment in

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government, industry, academia or public practice.

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COMMENT: Before an applicant may obtain a certificate, the applicant must obtain actual 9

experience; however, that experience can be obtained in any area of employment involving the 10

use of accounting or business skills. In addition, experience should be acceptable whether it is 11

gained through employment in government, industry, academia or public practice. The 12

experience may be supervised by a non-licensee but must be verified by a licensee. 13

May 2014

SECTION 6

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In document SR 9 9 8 (Page 32-35)