Current through Register Vol. 63, No. 9, September 1, 2024
(1) An
individual whose principal place of business is not in this state, who has an
active license in good standing as a certified public accountant issued by
another jurisdiction, and who meets the standards of substantial equivalency as
defined in ORS 673.010(21) and
OAR 801-005-0010(59),
may practice public accountancy in this state.
(2)
Applications by reciprocity.
Individuals who hold a valid CPA license in another jurisdiction and wish to
obtain a license in Oregon must:
(a) Complete
an application provided by the Board;
(b) Pay fees specified in OAR
801-010-0010;
(c) Demonstrate that they meet the
requirements of substantial equivalency as provided for in OAR
801-005-0010(59)(a) or
(b).
(d) Provide a written statement from the
jurisdiction on which the application is based confirming that the applicant:
(A) Holds a valid license in that
jurisdiction;
(B) Has not been
disciplined for violations of that jurisdiction's standards of conduct or
practice;
(C) Has no pending
actions alleging violations of that jurisdiction's standards of conduct of
practice;
(D) Is in compliance with
continuing education requirements of the licensing jurisdiction, and
(E) Has taken and passed an ethics exam with
a passing score in their home jurisdition.
(e) An applicant's file must be complete in
every particular within three months of the date of application or the file
will be closed. The application fee is non-refundable.
(f) Reciprocity applicants who wish to
establish a principal place of business in this state must apply for a CPA
license under this section within 60-days from the start date of Practicing
Public Accountancy in Oregon.
(3)
Temporary License for Spouse or
Domestic Partner of a Member of the Armed Forces of the United States
(a) Application Requirements for Temporary
Spousa or Domestic Partner Authorization in Oregon:
(A) Provide official documentation from the
Armed Forces verifying that the spouse or domestic partner is a member of the
Armed Forces of the United States and is stationed in Oregon;
(B) Submit an application on a form provided
by the Board;
(C) Pay the
application fee as specified in OAR
801-010-0010(1)(e);
and
(D) Provide a written statement
from the jurisdiction on which the application is based confirming that the
applicant:
(i) Holds a valid license in good
standing in that jurisdiction;
(ii)
Has not been disciplined for violations of that jurisdiction's standards of
conduct or practice;
(iii) Has no
pending actions alleging violations of that jurisdiction's standards of conduct
of practice;
(iv) Is in compliance
with continuing education requirements of the licensing jurisdiction;
and
(v) Has taken and passed an
ethics exam with a passing score in their home jurisdiction; or
(vi) Meets the requirements of substantial
equivalency as defined by OAR
801-005-0010(59).
(b) Authorizations are valid:
(A) For a 2-year period after the date of
issuance; or
(B) The date the
spouse or domestic partner of the person to whom the authorization was issued
completes the spouse's term of service in this state; or
(C) The date the person's authorization
issued by another state expires.
(D) Authorizations under this section are not
renewable.
(4)
Verification of National Qualification Appraisal Service comparable
licensing standards. The Board reviews the licensing requirements of
other jurisdictions as needed to verify substantial equivalency eligibility.
The Board may use information developed by NASBA to make this
determination.
Statutory/Other Authority: ORS
670.310,
673.410 &
673.153
Statutes/Other Implemented: ORS
673.040 &
673.153
