Iowa Administrative Code
Agency 193A - Accountancy Examining Board
Chapter 20 - Practice Privilege for Out-of-state Certified Public Accountants
Rule 193A-20.2 - Out-of-state Licensure Status
Current through Register Vol. 47, No. 6, September 18, 2024
The practice privilege described in Iowa Code section 542.20 applies to individuals who are licensed to practice as certified public accountants in the jurisdiction in which their principal place of business is located for those periods of time in which all of the following conditions are satisfied:
(1) The out-of-state license is valid, in good standing, and active. The practice privilege ceases if the out-of-state license expires in the jurisdiction of the individual's principal place of business.
(2) The individual meets the criteria for substantial equivalency reciprocity, as provided in Iowa Code section 542.19(1) "a," "b," or "c" and rule 193A-9.5 (542).
(3) The license authorizes in the individual's principal place of business all of the public accounting services the individual performs or offers to perform in Iowa or for clients with a home office in Iowa.
