Current through Register Vol. 63, No. 3, March 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)
Lapsed more than six years or three renewal periods:
(a) A license that is lapsed for more than 6 years or 3 renewal periods
will expire.
(b) An expired license may be restored only upon:
(A) Submission of a reciprocity application as outlined in OAR
801-010-0080; or
(B) Licensee can 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;
(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, and indicate whether the individual was holding
out as a CPA or PA during the period of inactive; 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, and indicating whether the individual
was holding out as a CPA or PA during the period of retired; 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, and indicating whether the individual
was holding out as a CPA or PA during the period of retired; 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
