Current through Register Vol. 63, No. 9, September 1, 2024
(1)
Eligibility. The following
licensees are eligible to apply for admission to the municipal roster:
(a) Individuals holding an active CPA permit
issued under ORS 673.150;
(b) Individuals holding an active PA license
issued under ORS 673.100 prior to January 1,
2002;
(c) Individuals holding an
active PA license issued under ORS
673.100 who were licensed after
January 1, 2002 and who passed the audit section of the CPA Exam as a
requirement of licensing; or
(d)
Individuals with an active CPA license issued by another jurisdiction that is
recognized by the Board and who have authority to practice public accountancy
in Oregon under ORS 673.153.
(2)
Application Requirements.
Qualified applicants for admission to the municipal roster must meet the
following requirements:
(a) The applicant
must be a licensee in good standing with the Oregon Board or with the
jurisdiction in which the applicant is licensed if a municipal-only
authorization is sought through substantial equivalency;
(b) Every application shall be on a form
provided by the Board and shall be accompanied by fee prescribed by OAR
801-010-0010; and
(c) The application, signed by the applicant,
shall constitute an agreement between the applicant and the Board that the
applicant will comply with the provisions of the Municipal Audit Law, ORS
297.405 through
297.555 and OAR Chapter 801
Division 020.
(d) Applications for
the municipal auditor license must be completed within 3 months from the date
the application was received in the Board office.
(3)
Grounds for Denial. In
addition to the specific grounds stated in ORS
673.170(2), the
Board may deny admission or reinstatement to the municipal roster if:
(a) The applicant has not complied with the
requirements of OAR 801-020-0620;
(b) The applicant has committed any act or
engaged in conduct that reflects adversely on the licensee's fitness to
practice public accountancy; or
(c)
The applicant:
(A) Committed any act or
engaged in conduct that would cause a reasonable person to have substantial
doubts about the applicant's honesty, fairness and respect for the rights of
others or for any law.
(B)
Committed any act or conduct that resulted in a criminal conviction, other than
a crime described in ORS
673.170(2)(h) or
(i), will not be used to deny admission to
the municipal roster unless such act or conduct is rationally connected to the
applicant's fitness to practice public
accountancy.
(4)
Initial CPE Requirements.
The applicant shall demonstrate to the satisfaction of the Board that, within
the two year period immediately preceding the date of application to the
municipal roster, the applicant completed 40 CPE hours of Level 1 (basic) or
Level 2 (intermediate) education in the following subjects, including at least
4 hours in each subject:
(a) Audits of state
and local governmental units;
(b)
Governmental accounting and financial reporting standards;
(c) Generally Accepted Governmental Auditing
Standards;
(d) Audits of federal
programs including OMB Uniform Guidance and other authoritative
sources;
(e) Oregon Local Budget
Law; and
(f) Minimum standards of
audits and reviews of Oregon municipal corporations.
(5)
CPE Credit. The 40 hours of
education required for admission to the municipal roster may be included in the
80 hours of CPE required for renewal of the CPA/PA permit.
(6)
Approval. When an
application to the municipal roster is approved, the Board shall:
(a) Notify the applicant in writing that the
application is approved;
(b) Enter
the applicant's name on the municipal roster; and
(c) Publish approved municipal auditors on
the Board's website.
Statutory/Other Authority: ORS
297.670,
297.680 &
297.740
Statutes/Other Implemented: ORS
297.680
