54-210. RECIPROCITY — TRANSFER OF EXAMINATION GRADES — FOREIGN RECIPROCITY — QUALIFICATIONS. (1) A person whose certificate and license have been granted by another state, whose principal place of business is located in this state, shall obtain a license by reciprocity from the board before providing professional services in this state.

(2) (a) An applicant for certificate and license by reciprocity to practice as a certified public accountant in Idaho must:

(i) Be eighteen (18) years of age or older;

(ii) Be of good moral character;

(iii) Have obtained the education and passed the uniform CPA examination with standards no less than those required in Idaho; and

(iv) Have completed the necessary experience, continuing professional education, and board approved ethics examination required for issuance of a license in Idaho and hold a current license in good standing in another licensing jurisdiction.

(b) The requirements of subsection (2)(a) of this section relating to education, Idaho standards relating to passage of the uniform CPA examination, experience, continuing professional education and ethics examination shall be waived if the applicant has been licensed for no less than four (4) years as a certified public accountant within the ten (10) years immediately preceding the reciprocity application.

(3) (a) A person holding an inactive or retired certificate and license granted by another state, whose principal place of business is located in this state, may apply for an equivalent license by reciprocity from the board, provided the applicant must:

(i) Meet the requirements for an inactive license as set forth in section 54-211(1)(c), Idaho Code, or the requirements for a retired license as set forth in section 54-211(1)(d), Idaho Code;

(ii) Be of good moral character;

(iii) Have obtained the education and passed the uniform CPA examination with standards no less than those required in Idaho; and

(iv) Have completed the necessary experience and board approved ethics examination required for issuance of a license in Idaho.

(b) The requirements of subsection (3)(a) of this section relating to education, Idaho standards relating to passage of the uniform CPA examination, experience and ethics examination shall be waived if the applicant has been licensed for no less than four (4) years as a certified public accountant within the ten (10) years immediately preceding the reciprocity application.

(4) An applicant for certificate and license to practice as a certified public accountant in Idaho by transfer of examination grades from another licensing jurisdiction must:

(a) Be eighteen (18) years of age or older;

(b) Be of good moral character;

(c) Have obtained the necessary education and have passed the uniform CPA examination with standards no less than those prescribed by the board’s rules for examination candidates in Idaho; and

(d) Possess experience qualifications as required under section 54-209, Idaho Code, and complete a board approved ethics examination required for issuance of a license in Idaho.

(5) The board shall issue a certificate and license to a holder of a substantially equivalent designation issued by a foreign country, provided that:

(a) The foreign authority which granted the designation makes similar provision to allow a person who holds a valid certificate and license issued by this state to obtain such foreign authority’s comparable designation; and

(b) The designation:

(i) Was duly issued by an authority of a foreign country which regulates the practice of public accountancy and has not expired or been revoked or suspended;

(ii) Entitles the holder to issue reports upon financial statements; and

(iii) Was issued upon the basis of substantially equivalent educational, examination and experience requirements established by the foreign authority or by law; and

(c) The applicant:

(i) Received the designation, based on educational and examination standards substantially equivalent to those in effect in this state, at the time the foreign designation was granted;

(ii) Completed an experience requirement, substantially equivalent to the requirements set out in this chapter, in the jurisdiction which granted the foreign designation or has completed four (4) years of professional experience in this state; or meets equivalent requirements prescribed by the board by rule, within the ten (10) years immediately preceding the application;

(iii) Passed a uniform qualifying examination in national standards acceptable to the board; and

(iv) Is of good moral character.

History:

[54-210, added 1993, ch. 239, sec. 11, p. 834; am. 1994, ch. 49, sec. 5, p. 85; am. 2002, ch. 92, sec. 9, p. 243; am. 2003, ch. 14, sec. 2, p. 34; am. 2008, ch. 128, sec. 5, p. 355.]