Alaska Administrative Code

Notes 12 AAC 04.193 Eff. 12/15/2002, Register 164; am 3/24/2004, Register 169; repealed 9/28/2008, Register 187 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release…

To meet the requirements of AS 08.04.150(1)(C), an applicant must have at least one year of public accounting experience under the direct supervision of a certified public accountant who, at the time the applicant was supervised, held a current license to practice public accounti…

(a) The examination for certified public accountant consists of (1) the computer-based Uniform Certified Public Accountant Examination; and (2) an ethics course and open book ethics examination. (b) A score of at least 75 in each section of the Uniform Certified Public Accountant…

Notes 12 AAC 04.205 Eff. 3/24/2004, Register 169; repealed 2/24/2022, Register 241, April 2022 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison…

Notes 12 AAC 04.210 Eff. 9/9/72, Register 43; am 2/10/78, Register 64; repealed 3/24/2004, Register 169 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More c…

Notes 12 AAC 04.220 Eff. 9/9/72, Register 43; am 2/10/78, Register 64; repealed 3/24/2004, Register 169 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More c…

Notes 12 AAC 04.230 Eff. 9/9/78, Register 43; am 4/10/88, Register 106; repealed 4/24/2004, Register 169 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More …

(a) To apply for reexamination, an applicant must submit a complete application for reexamination and the applicable fees. (b) An applicant may retake an exam section once the applicant's grade for any previous attempt of the same exam section has been released. Notes 12 AAC 04.2…

Notes 12 AAC 04.240 Repealed 2/10/78. State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compa…

(a) A firm that is engaged in the practice of public accounting in the state must obtain a permit issued by the board under this chapter if the firm(1) has an established and maintained office in the state and meets the ownership requirements of 12 AAC 04.255; (2) does not have a…

Notes 12 AAC 04.250 Eff. 9/9/72, Register 43; am 7/27/97, Register 143; am 1/1/2008, Register 184; am 8/1/2012, Register 203; repealed 4/12/2024, Register 250, July 2024 State regulations are updated quarterly; we currently have two versions available. Below is a comparison betwe…

(a) An individual who establishes a principal place of business in the state and holds a current CPA license in another state in good standing may practice public accounting in this state without a license for a period of 180 days. The individual is required to obtain a license b…

(a) A firm within the meaning given in AS 08.04.680 granted a permit under AS 08.04.240 that ceases to be in compliance with the ownership requirements of that section shall promptly take action to remedy that noncompliance. (b) The following time periods apply to the remediation…

Notes 12 AAC 04.260 Eff. 9/9/72, Register 43; repealed 1/1/2008, Register 184 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be…

Notes 12 AAC 04.270 Repealed 5/28/81. State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compa…

(a) An applicant for a permit under 12 AAC 04.245 and AS 08.04.240 must submit (1) evidence satisfactory to the board that the firm(A) meets the ownership requirements set out under AS 08.04.240 and 12 AAC 04.255; and (B) is supervised in accordance with the requirements set out …

(a) The licensing requirements of another state are substantially equivalent to the national standard if the National Association of State Boards of Accountancy National Qualification Appraisal Service has determined that the qualifications for licensure as a certified public acc…

(a) Continuing education in this section must ensure that a licensee (1) maintains high professional accountancy standards; (2) is up to date with current educational trends; and (3) has obtained specific training required for a CPA to provide public accountancy services effectiv…

(a) For the purposes of 12 AAC 04.300 - 12 AAC 04.440, 50 minutes of instruction constitute one hour. (b) Repealed 12/25/2015. (c) Credit is given only for class hours and not for hours devoted to class preparation. Notes 12 AAC 04.310 Eff. 1/18/78, Register 64; am 2/23/95, Regis…

(a) One quarter hour academic credit from college or university constitutes 10 hours of continuing education. (b) One semester hour academic credit from a college or university constitutes 15 hours of continuing education. Notes 12 AAC 04.320 Eff. 1/18/78, Register 64 Authority:A…

Academic credit earned for a challenged course is not acceptable for continuing education. Notes 12 AAC 04.330 Eff. 1/18/78, Register 64 Authority:AS 08.04.070(b) AS 08.04.425(a) State regulations are updated quarterly; we currently have two versions available. Below is a compari…

To be approved by the board, a subject for continuing education credit must contribute directly to the professional competence of a certified public accountant and may include (1) technical subjects pertaining directly to the profession of accounting; or (2) non-technical subject…

(a) Nonacademic continuing education programs requiring class attendance are approved by the board if (1) a course outline is prepared in advance and preserved; (2) repealed 12/25/2015; (3) the program is conducted by a qualified instructor; and (4) a record of attendance is main…

The following programs are approved by the board if they meet the requirements of 12 AAC 04.340 and 12 AAC 04.350: (1) professional development programs of the American Institute of Certified Public Accountants, national professional accounting organizations, state accounting soc…

Notes 12 AAC 04.370 Eff. 1/18/78, Register 64; repealed 5/14/2022, Register 242, July 2022 Authority:AS 08.04.070(b) AS 08.04.425(a) State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the pr…

(a) The board will award one hour of continuing education credit for each hour completed in preparation for instruction or discussion as an instructor or discussion leader of an educational program meeting the requirements of 12 AAC 04.310 - 12 AAC 04.360. The number of hours of …

Notes 12 AAC 04.390 Eff. 1/18/78, Register 64; am 10/16/2011, Register 200; repealed 2/24/2022, Register 241, April 2022 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterl…

An applicant for renewal of a license issued by the board under this chapter to practice public accounting shall submit, on a form provided by the department, a statement that the applicant has complied with the continuing education requirements of 12 AAC 04.300. Notes 12 AAC 04.…

Notes 12 AAC 04.410 Eff. 1/18/78, Register 64; am 12/15/2002, Register 164; repealed 4/12/2024, Register 250, July 2024 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly…

Notes 12 AAC 04.420 Eff. 1/18/78, Register 64; repealed 1/1/2008, Register 184 As of Register 184, Jan. 2008, the substance of former 12 AAC 04.420 appears in 12 AAC 04.300(d). State regulations are updated quarterly; we currently have two versions available. Below is a compariso…

(a) To obtain or renew an inactive license under AS 08.04.410, the holder of a license must submit (1) an application on a form provided by the department; and (2) the fee set out in 12 AAC 02.340(5). (b) To resume the active practice of public accounting, the holder of an inacti…

(a) An individual whose license to practice has been lapsed for less than one year may apply for reinstatement of the license by submitting the applicable renewal fee and, if the license has been lapsed for more than 60 days, the delayed renewal penalty fee required in 12 AAC 02.…

To ensure that the board's disciplinary policies are known and are administered consistently and fairly, the disciplinary guidelines in 12 AAC 04.510 - 12 AAC 04.520 are established. Notes 12 AAC 04.500 Eff. 4/10/88, Register 106 Authority:AS 08.01.075 AS 08.04.070(b) AS 08.04.45…

Notes 12 AAC 04.510 Eff. 4/10/88, Register 106; repealed 1/1/2008, Register 184 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will …

(a) The board may impose greater or lesser penalties than those described under AS 08.04 and this section depending on the circumstances of a particular case, to the full extent of AS 08.01.075; AS 08.04.450. 08.04.470. and 08.04.480. (b) The board may revoke a license, permit, o…

For the purposes of this section, AS 08.04.450, 08.04.470, 08.04.480, and 12 AAC 04.520 - 12 AAC 04.530, (1) "act discreditable to the accounting profession" means an action that conflicts with or is in breach of the rules set out in the Code of Professional Conduct of the Americ…

(a) A permit holder who issued a report on audited or reviewed financial statements during the concluding permit period shall(1) certify that within the three years before the date of application for permit renewal, the permit holder has undergone a peer review that meets the req…

Notes 12 AAC 04.610 Eff. 7/27/97, Register 143; am 11/2/2001, Register 160; am 10/16/2011, Register 200; am 8/1/2012, Register 203; am 1/4/2017, Register 221, April 2017; am 4/19/2019, Register 230, April 2019; am 2/24/2022, Register 241, April 2022; repealed 4/12/2024, Register …

(a) A permit holder is exempt from the peer review requirements under 12 AAC 04.600 if (1) the permit holder did not issue reports on audited or reviewed financial statements during the concluding permit period; or (2) the report on audited or reviewed financial statements was (A…

Notes 12 AAC 04.630 Eff. 7/27/97, Register 143; am 11/2/2001, Register 160; repealed 4/12/2024, Register 250, July 2024 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly…

Notes 12 AAC 04.690 Eff. 7/27/97, Register 143; am 11/2/2001, Register 160; am 12/25/2015, Register 216, January 2016; repealed 4/12/2024, Register 250, July 2024 State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our …

A complaint against a licensed or unlicensed person or firm must be made to the department in compliance with the established complaint procedures of the department. Notes 12 AAC 04.900 Eff. 9/9/72, Register 43; am 2/10/78, Register 64 Effective 11/9/85, Register 96, 12 AAC 04.28…

A licensee shall maintain a current, valid mailing address on file with the division at all times. The latest mailing address on file for an active, inactive, or lapsed license is the address of the licensee for official communications, notifications, and service of legal process…

(a) Except as provided in (b) of this section, a corporation registered or applying for registration with the board under AS 08.04.240(b) shall file with the board a copy of the corporation's articles of incorporation. The articles of incorporation must state that the sole purpos…

The use of the title "enrolled agent," as defined by the United States Internal Revenue Service, does not constitute use of a deceptive title under AS 08.04.540. Notes 12 AAC 04.940 Eff. 7/27/97, Register 143 Authority:AS 08.04.070 AS 08.04.540 State regulations are updated quart…

In this chapter (1) "accountant" means a person who holds (A) a license under AS 08.04.105 or 08.04.195; (B) a permit under AS 08.04.240; (C) an out-of-state practice privilege under AS 08.04.420; or (D) repealed 4/12/2024; (2) "board" means the Board of Public Accountancy; (3) "…

An applicant for a license to practice acupuncture shall document compliance with the requirements in AS 08.06.020 and 08.06.030(a) by submitting (1) a complete application on a form provided by the department; (2) the applicable fees established under 12 AAC 02.108; (3) a certif…

(a) To be approved by the department, a school of acupuncture must be (1) recognized by the Council of Colleges of Acupuncture and Herbal Medicine (CCAHM); (2) recognized by the Accreditation Commission for Acupuncture and Herbal Medicine (ACAHM); or (3) another institution with …

(a) A license to practice acupuncture expires on September 30 of even-numbered years. (b) A licensee applying for license renewal shall (1) complete a renewal application on a form provided by the department; (2) pay the license renewal fee established in 12 AAC 02.108; (3) repea…

(a) An applicant for renewal of a license to practice acupuncture shall document completion of one of the following: (1) certification as a diplomate in acupuncture by the NCCAOM during the entire concluding licensing period; or (2) 15 Professional Development Activity points ear…