Current through Register Vol. 63, No. 9, September 1, 2024
(1) CPE Requirements applicable to all
reinstatements.
(a) CPE taken for
reinstatement purposes must comply with the CPE requirements in Division 40 of
the Board's CPE rules, including but not limited to contributing to the
licensee's professional competence and relevancy to their practice as required
by OAR 801-040-0030(1).
(b) Upon reinstatement, licensee shall
complete CPE requirements described in these rules on a pro rata monthly basis,
including the month of reinstatement, until the end of the renewal period in
which reinstatement occurs.
(c) CPE
hours used for reinstatement may not be claimed on a future renewal application
in this jurisdiction.
(2)
Lapsed licenses. Licenses
that are not properly renewed shall lapse. Lapsed licensees are not permitted
to practice public accounting or work at a public accounting firm. A Lapsed
license may be reinstated to active, inactive or retired status. To reinstate
to active status an individual holding a lapsed license must:
(a) Provide a detailed written description of
the business and professional activities of the individual during the period of
lapse, and indicate whether the individual was holding out as a CPA or PA
during the period of lapse;
(b)
Submit an application for reinstatement on a form provided by the
Board;
(c) Submit payment of the
application fee and the active renewal fee for each renewal period that the
license was lapsed;
(d) Complete
and report 80 CPE hours including 4 hours of ethics;
(e) Submit proof of completion certificates
no older than 24 months from the date of the reinstatement application for each
CPE course supporting the application for reinstatement.
(f) Credit for programs in non-technical
subjects is limited to 16 CPE hours.
(3)
Reinstatement from Lapsed Status to
Inactive Status: A person who is lapsed may apply to reinstate the
license to inactive status by:
(a) Submitting
an application for reinstatement on a form provided by the Board;
(b) Paying the application and the inactive
renewal fee for the renewal period in which the application is
submitted;
(c) Providing a detailed
written description of the business and professional activities of the
individual during the period of lapse, and indicating whether the individual
was holding out as a CPA or PA during the period of lapse; and
(d) Completing and submitting 32 hours of CPE
including 4 hours of ethics CPE with proof of completion certificates for CPE
courses taken within 24 months immediately preceding the date the reinstatement
application is received at the Board office.
(e) Credit for programs in non-technical
subjects is limited to 8 CPE hours.
(4)
Reinstatement from Lapsed status to
Retired Status: A person who is lapsed may apply to reinstate to retired
status by:
(a) Submitting an application for
reinstatement on a form provided by the Board;
(b) Paying the application and retired
renewal fee for the renewal period in which the application is submitted;
and
(c) Verifying eligibility for
retired status as defined in OAR
801-010-0120(6).
(5)
A license that is lapsed
for more than six years or three renewal periods expires and cannot be
reinstated. If a license has expired the person can:
(a) Elect to take and pass the CPA exam and
apply for initial licensure. A person who elects this option must meet the
requirements of OAR 801-010-0050,
801-010-0060, and
801-010-0065;
(b) If the person is licensed in another
state the person can submit a reciprocity application as outlined in OAR
801-010-0080; or
(c) Seek to have the expired permit restored
pursuant to OAR 801-010-0140.
(6)
Inactive Status licenses
reinstating to Active Status. To reinstate a license from inactive
status to active status, the holder of such license shall:
(a) Submit an application for reinstatement
on a form provided by the Board together with payment of the application fee
and active license fee;
(b) Provide
a detailed written description of the business and professional activities of
the individual during the period of inactive status, and indicate whether the
individual was holding out as a CPA or PA during the period of inactive status;
and
(c) Complete and report 80
hours of CPE including 4 hours of ethics CPE completed within the 24 month
period immediately preceding the date the application for reinstatement is
received at the Board office, together with proof of completion certificates
for all hours reported.
(d) Credit
for programs in non-technical subjects is limited to 16 CPE hours.
(7)
Reinstatement from
Retired Status to Inactive Status: A retired status licensee may apply
to reinstate the license to inactive status by:
(a) Submitting an application for
reinstatement on a form provided by the Board together with payment of the
application fee and inactive license fee;
(b) Providing a detailed written description
of the business and professional activities of the individual during the period
of retired status, and indicating whether the individual was holding out as a
CPA or PA during the period of retired status; and
(c) Completing and submitting 32 hours of CPE
including 4 hours of ethics CPE with proof of completion certificates that were
taken within 24 months immediately preceding the date the reinstatement
application is received at the Board office.
(d) Credit for programs in non-technical
subjects is limited to 8 CPE hours.
(8)
Reinstatement from Retired Status
to Active Status: A retired status licensee may apply to reinstate the
license to active status by:
(a) Submitting an
application for reinstatement on a form provided by the Board together with
payment of the application fee and active license fee;
(b) Providing a detailed written description
of the business and professional activities of the individual during the period
of retired status, and indicating whether the individual was holding out as a
CPA or PA during the period of retired status; and
(c) Submitting 80 hours CPE including a
minimum of 4 hours of ethics CPE, completed within the 24 month period
immediately preceding the date the application for reinstatement is received at
the Board office, together with proof of completion certificates for all hours
reported.
(d) Credit for programs
in non-technical subjects is limited to 16 CPE hours.
(9)
Reinstatement of Suspended
licenses. To reinstate a license that is suspended under ORS
673.170 to active status, the
holder of such license shall:
(a) Provide
evidence of satisfaction or completion of all terms and conditions stated in
the order suspending the license;
(b) Provide a detailed written description of
the business and professional activities engaged in by the suspended licensee
during the period of suspension and certify that the suspended licensee was not
holding out or otherwise representing him/herself as a CPA or PA during the
period of suspension;
(c) Submit an
application for reinstatement on a form provided by the Board;
(d) Submit payment of the application fee and
the active renewal fee for each renewal period that the license was
suspended;
(e) Complete and report
the appropriate CPE hours as follows:
(A) If
the license has been suspended for less than two years, complete and report 80
CPE hours plus a 16-hour CPE penalty, which must be completed within the 12
month period immediately preceding the date the reinstatement application is
received at the Board office together with proof of completion certificates;
or
(B) If the license has been
suspended two years or more, complete and report 160 CPE hours plus a 16-hour
CPE penalty, which must be completed within the 12 month period immediately
preceding the date the reinstatement application is received at the Board
office together with proof of completion certificates;
(C) Complete and report (4) CPE hours of
ethics.
(D) Credit for programs in
non-technical subjects is limited to 16 CPE hours.
(f) The holder of a suspended license shall
remain in suspended status until the holder's application for reinstatement has
been approved by the Board.
(10)
License holders in other
jurisdictions. Licensees who hold an active license to practice public
accountancy issued under the laws of another jurisdiction, whose principal
place of business is in such other jurisdiction, and who wish to reinstate an
Oregon license to active status must:
(a)
Submit a reinstatement application provided by the Board along with evidence
that the applicant holds a valid license to practice public accountancy issued
by another jurisdiction; and
(b)
Submit payment of the reinstatement application fee stated in OAR
801-010-0010(1)(d)
together with the renewal application fee stated in OAR
801-010-0010(3)(a).
(11)
20 Hour Minimum annual
CPE requirement for active status permits. Licensees whose licenses are
reinstated under this rule to active status are required to meet the 20 hour
minimum annual CPE requirement on a pro-rated basis, including the month of
reinstatement, until the end of the renewal period in which the licensee is
reinstated.
Statutory/Other Authority: ORS
670.310 &
673.220
Statutes/Other Implemented: ORS
673.220
