Title 08, Business and Professions

A vacancy shall be filled by appointment for the unexpired term, except as provided in AS 39.05.080(4), and all vacancies shall be filled within 60 days. Except as provided in AS 39.05.080(4), after the expiration of a member's term of office a member continues to serve until a s…

A majority of the board constitutes a quorum for the transaction of business.

(a) The department, in consultation with the board, shall employ a certified public accountant or person who has other accounting experience satisfactory to the board and who is not a member of the board to serve as executive secretary of the board. (b) The executive secretary sh…

(a) The board shall elect annually from its members a presiding officer, secretary, and treasurer. One person may hold the offices of secretary and treasurer. (b) The board may adopt and amend regulations for the orderly conduct of its affairs and for the administration of this c…

The board shall determine whether the education, examination, and experience qualifications of another state or an individual are substantially equivalent to the national standard or to another standard established by the board to protect the public interest. The board may adopt …

The board may adopt rules of professional conduct to establish and maintain a high standard of integrity and dignity in the profession of public accounting. At least 30 days before the adoption of any rule or amendment, the board shall send a notice of the proposed rule or amendm…

The certificate of “Certified Public Accountant” shall be granted by the board to any person who meets the requirements of AS 08.04.110 — 08.04.130. The holder of a certificate issued under this section is not authorized to engage in the practice of public accounting in the state…

(a) The board shall issue a license to engage in the practice of public accounting to an individual who meets the requirements of AS 08.04.110 — 08.04.130. The license is valid for the remainder of the biennial licensing period during which the initial license was granted. (b) Th…

An applicant for a certified public accountant license shall be of good moral character.

(a) The education and experience requirements for an applicant are a baccalaureate degree or its equivalent conferred by a college or university acceptable to the board with an accounting concentration or equivalent as determined by the board by regulation to be appropriate and t…

An applicant shall pass an examination in accounting and reporting, in auditing, and in other related subjects that the board determines appropriate. The examination shall be designated in advance by the board as the examination for the license of certified public accountant. The…

A person is qualified to take the examination for certified public accountants if the person either (1) has a baccalaureate degree or its equivalent conferred by a college or university acceptable to the board with (A) an accounting concentration or the equivalent, as defined in …

An applicant shall pay the appropriate fee at the time of application for examination or reexamination.

(a) Notwithstanding AS 08.04.110 — 08.04.190, the board may issue a license to engage in the practice of public accounting to an applicant who holds a license, or its equivalent, issued by another state if the applicant (1) passed the Uniform Certified Public Accountant Examinati…

An individual who has a license from the board as a certified public accountant or holds a practice privilege shall be known as a certified public accountant and may use the abbreviation “CPA.”

A person who, on April 26, 1960, held a certificate as a certified public accountant issued under the laws of the Territory or State of Alaska is not required to obtain a license under this chapter but is otherwise subject to this chapter. Certificates issued before April 26, 196…

(a) The board shall grant a permit to engage in the practice of public accounting to a firm with an office in the state that applies to the board as a firm of certified public accountants if the firm meets the following requirements: (1) more than one-half of the ownership of the…

Each office established or maintained in this state for the practice of public accounting shall be under the direct supervision of an individual who holds a license issued under this chapter. The supervisor may be a sole proprietor, partner, principal, member, or staff employee. …

The title “certified public accountant” or the abbreviation “CPA” may not be used in connection with an office of a firm holding a permit unless the supervision requirement of AS 08.04.360 is satisfied.

Notwithstanding AS 08.04.105 or 08.04.195, an individual holding a license who is not engaged in the practice of public accounting may maintain the license in good standing by notifying the board that the individual is inactive and paying the required fee.

(a) An individual who does not have a license in this state, who is licensed to practice public accounting in another state, and whose principal place of business for the practice of public accounting is in the other state, may engage in the practice of public accounting in this …

An individual or firm with a practice privilege that engages in the practice of public accounting in the state under the practice privilege and a firm that hires an individual with a practice privilege shall (1) consent to the personal and subject matter jurisdiction and discipli…

If, at any time after receiving a license, a licensee decides to perform attest functions, the licensee shall meet the competency requirements established by the board by regulation.

(a) The board shall by regulation prescribe requirements for continuing education for individuals with licenses under this chapter. In adopting these regulations, the board may (1) use and rely upon guidelines and pronouncements with respect to continuing education issued by reco…

(a) The board may require as a condition for renewal of a license or a permit that the applicant for the renewal provide evidence of enrollment in a peer review program approved by the board by regulation. (b) [Repealed, § 44 ch 5 SLA 2022.] (c) The board shall adopt the regulati…

Failure of an individual or a firm to apply for a required license or permit or to pay a required fee within (1) three years from the expiration date of the license or permit last obtained or renewed, or (2) three years from the date the person was granted a license or permit as …

(a) In addition to its powers under AS 08.01.075, the board may revoke, suspend, or refuse to renew a license, practice privilege, or permit, may censure a holder of a license, practice privilege, or permit, or may require a holder of a license, practice privilege, or permit to u…

The board shall revoke the permit of a firm if at any time the firm does not meet the qualifications prescribed by the sections of this chapter under which the firm qualified for the permit.

The board may revoke or suspend the permit or practice privilege of a firm, refuse to renew the firm's permit, or censure the firm for any of the causes enumerated in AS 08.04.450 or for any of the following additional causes: (1) the revocation, suspension, or refusal to renew t…

Upon application in writing and after a hearing, the board may modify the suspension of or reissue a license, practice privilege, or permit to practice public accounting that has been revoked or suspended.

The department shall set fees under AS 08.01.065 for examinations, reexaminations, permits, and licenses.

(a) An individual may not assume or use the title or designation “certified public accountant” or the abbreviation “CPA” or any other title, designation, word, letter, abbreviation, sign, card, or device tending to indicate that the individual is a certified public accountant, un…

Only a person who holds a valid license, practice privilege, or permit may issue a report on behalf of another person or governmental unit. This restriction does not apply to (1) an officer, partner, member, or employee of a firm affixing that person's signature to a statement or…

(a) A firm may not assume or use the title or designation “certified public accountant” or the abbreviation “CPA” or any other title, designation, word, letter, abbreviation, sign, card, or device tending to indicate that it is composed of certified public accountants, unless the…

An individual may not assume or use the title or designation “public accountant” or the abbreviation “PA” or other title, designation, word, letter, abbreviation, sign, card, or device tending to indicate that the individual is a public accountant, unless the individual holds a c…

A firm may not assume or use the designation “public accountant” or the abbreviation “PA” or any other title, designation, word, letter, abbreviation, sign, card, or device tending to indicate that the firm is composed of public accountants, unless the firm (1) holds a current pe…

An individual or firm may not assume or use the title or designation “certified accountant,” “chartered accountant,” “enrolled accountant,” “licensed accountant,” “registered accountant,” or any other title or designation likely to be confused with “certified public accountant” o…

An individual may not sign or affix any name or any trade or assumed name used by that individual to any accounting or financial statement or opinion or report with any wording indicating that the person is a certified public accountant or public accountant or with any wording in…

An individual licensed under AS 08.04.105 may not perform attest functions through a firm, unless the firm (1) holds a valid permit issued under AS 08.04.240; or (2) is engaging in the practice of public accounting under a practice privilege.

AS 08.04.560 does not prohibit (1) an officer, employee, partner, member, or principal of any organization from affixing that person's signature to any statement or report in reference to the financial affairs of the organization together with any wording designating the position…

An individual or firm that does not hold a current license, a current practice privilege, or a current permit may not hold out to the public as a certified public accountant or public accountant by use of those words or abbreviations on any sign, card, or letterhead, or in any ad…