Arkansas Administrative Code

17 CAR § 236-201. Arkansas State Board of Public Accountancy. Any interested person may obtain information, including copies of all forms andinstructions used by the Arkansas State Board of Public Accountancy, or make submissions or requests by writing the board at its principal …

17 CAR § 236-202. Rules. Arkansas Code § 17-12-203 provides that the Arkansas State Board of Public Accountancy may prescribe rules for the conduct of its affairs and for the administration of the Public Accountancy Act of 1975, Arkansas Code § 17-12-101 et seq.

17 CAR § 236-203. Annual meeting. (a) The annual meeting of the Arkansas State Board of Public Accountancy shall be held in June of each year at the office of the board, or at such other place as the board may have designated by previous resolution and, at such time, the presiden…

17 CAR § 236-204. Other meetings. In addition to the annual meeting and in addition to future meetings, the time and place of which may be fixed by resolution of the Arkansas State Board of Public Accountancy, any meeting may be called by the president of the board or by joint ca…

17 CAR § 236-205. Rules of order. Meetings of the Arkansas State Board of Public Accountancy shall be conducted in accordance with Robert’s Rules of Order insofar as compatible with the laws of the state governing the board or its own resolutions as to its conduct.

17 CAR § 236-206. Open meetings. All meetings of the Arkansas State Board of Public Accountancy shall be conducted in accordance with applicable state laws, including the Freedom of Information Act of 1967, Arkansas Code § 25-19-101 et seq.

17 CAR § 236-207. Rules of conduct. The rules of conduct are set out in 17 CAR § 235-101 et seq.

17 CAR § 236-301. Semester hours and accreditation. (a) As used in this part: (1)(A) “Accreditation” refers to the process of quality control of the education process. (B) The applicant’s degree must have been granted by a four-year degree-granting college or university that is a…

17 CAR § 236-302. Requirements for examination. (a)(1) An applicant will be deemed to have met the education requirement for examination if the applicant has earned at least eighteen (18) upper-level semester credit hours (SCH) in accounting from a college or university that meet…

17 CAR § 236-303. Applications for examination. (a) Applications to take the Certified Public Accountant Examination must be submitted through the Arkansas State Board of Public Accountancy’s online exam process. (b) An application will not be considered filed until the applicabl…

17 CAR § 236-304. Time and place of examination. (a) A notice to schedule (NTS) will be sent to eligible candidates via the address indicated on the application. (b) The candidate will have six (6) months from the date the NTS is issued to schedule and take the approved examinati…

17 CAR § 236-305. Examination content. (a) The examination required by Arkansas Code § 17-12-301 shall test the knowledge and skills required for performance as an entry-level certified public accountant. (b) The examination shall include the subject areas of accounting and audit…

17 CAR § 236-306. Determining and reporting examination grades. (a) The candidate must attain the uniform passing grade established through a psychometrically acceptable standard-setting procedure and approved by the Arkansas State Board of Public Accountancy. (b) Upon receipt of…

17 CAR § 236-307. Retake and granting of credit requirements. (a)(1)(A)(i) A candidate shall be required to pass all required test sections of the Uniform Certified Public Accountant Examination in order to qualify for a license. (ii) A candidate may take the required test sectio…

17 CAR § 236-308. Candidate testing fee. (a)(1) The candidate shall, for each applicable test section, pay to the Arkansas State Board of Public Accountancy or its designee fees charged by the AICPA, NASBA, and the test delivery provider, as well as the application fees establish…

17 CAR § 236-309. Cheating. (a) Cheating by a candidate in applying for, taking, or subsequent to the examination will be deemed to invalidate any grade otherwise earned by a candidate on any test section of the examination and may warrant summary expulsion from the test site and…

17 CAR § 236-310. Security and irregularities. Notwithstanding any other provisions under this part, the Arkansas State Board of Public Accountancy may postpone scheduled examinations, the release of grades, or the issuance of certificates due to a: (1) Breach of examination secu…

17 CAR § 236-311. Requirements for licensure. (a) Any candidate who successfully completes the CPA examination must also complete the education and experience requirements required for licensure. (b) Education requirements. (1) To meet the education requirement, an applicant must…

17 CAR § 236-312. Requirements for relicensure. Anyone applying for relicensure who meets the conditions established in Arkansas Code § 17-1-107(b)(1) and can demonstrate that he or she passed the Certified Public Accountants (CPA) exam with scores sufficient for licensure at the…

17 CAR § 236-401. Qualifications for issuance of a reciprocal license to a holder of a substantially equivalent foreign designation. See Arkansas Code § 17-12-308(c) for the qualifications for issuance of a reciprocal license to the holder of a substantially equivalent foreign de…

17 CAR § 236-402. Background check requirement. Such an applicant is also required to undergo a federal and state background check, as is required of nonforeign accountants for a license as a certified public accountant.

17 CAR § 236-501. Individuals and firms practicing under substantial equivalency. (a) Individuals practicing under substantial equivalency. (1) An individual whose principal place of business is not in this state and who holds a valid active license in good standing as a CPA from…

17 CAR § 236-502. Disclosure of state of licensure by individuals or firms with practice privileges. (a)(1) Individuals or firms practicing public accounting in Arkansas or practicing public accounting for a client with its home office in Arkansas while exercising a practice priv…

17 CAR § 236-503. Individuals ineligible for practice privileges. (a) Unless prior approval is obtained from the Arkansas State Board of Public Accountancy, the practice privileges described in 17 CAR § 236-501 shall not be applicable if: (1) The individual has been convicted of …

17 CAR § 236-601. Definitions. For purposes of this subpart: (1)(A) "Actively participate" means the providing of personal services in the business entity licensed in Arkansas to practice public accounting, in the nature of management, performance of services for clients, or simi…

17 CAR § 236-603. General requirements. (a) Ownership. A person who is not a certified public accountant in this or some other state or jurisdiction but who actively participates within this state in the business conducted in Arkansas by a business entity licensed in Arkansas to …

17 CAR § 236-604. Application forms. (a)(1) Each applicant for registration as a CPA firm under this subpart shall register with the Arkansas State Board of Public Accountancy prior to performing public accounting work in the state of Arkansas. (2) The application form for an Ark…

17 CAR § 236-605. Nonresident public accountants. (a) A nonresident public accountant and an Arkansas certified public accountant may form a partnership or corporation for the practice of public accountancy, which shall be registered with the Arkansas State Board of Public Accoun…

17 CAR § 236-606. Nonresident CPA firms. (a) Ownership. A person who does not hold a current valid license as a certified public accountant in Arkansas or some other state or jurisdiction of the United States, but who actively participates within this state with a nonresident fir…

17 CAR § 236-607. Notification of firm changes. CPA firms established pursuant to Arkansas Code §§ 17-12-401 and 17-12-402 shall file with the Arkansas State Board of Public Accountancy a written notification of any of the following events concerning the practice of public accoun…

17 CAR § 236-701. Compliance. (a) Licensees and licensee firms shall comply with the following professional standards in the performance of professional services, as applicable: (1) Statements on Auditing Standards (SAS) and related auditing interpretations issued by the AICPA; (…

17 CAR § 236-703. Records retention for professional services. (a)(1) Each licensee shall retain attest working papers for a minimum of five (5) years from the report date and in a readily accessible form. (2) Failure to comply with the more restrictive record retention provision…

17 CAR § 236-801. Address changes. (a)(1) Notice shall be given by the licensee to the Arkansas State Board of Public Accountancy within thirty (30) days for any: (A) Change in residence; (B) Change in business address; (C) Opening of a new office engaged in the practice of publi…

17 CAR § 236-802. Notice of change of employment or business affiliation and of employer or business affiliate address. The Arkansas State Board of Public Accountancy shall be notified by the licensee within thirty (30) days of any change of employment or business affiliation, to…

17 CAR § 236-803. Supervised permit of firm operations upon death, incapacity, or bankruptcy. Upon the death or incapacity of a licensee or the closing of an accounting firm for any reason, including bankruptcy, the Arkansas State Board of Public Accountancy may in its discretion…

17 CAR § 236-901. Initial application, reciprocal, or reinstatement. Application for an initial or reciprocal license or the reinstatement or renewal of a license shall be made on a form provided by the Arkansas State Board of Public Accountancy, and in the case of application fo…

17 CAR § 236-902. Criminal background checks. (a)(1) Each applicant for an initial license, including a reciprocal license, or for a new license under Arkansas Code § 17-12-504(h), shall apply, using forms furnished by and pursuant to instructions provided by the Arkansas State B…

17 CAR § 236-903. License renewal. The Arkansas State Board of Public Accountancy will renew the license to the applicant who has complied with the registration in 17 CAR § 236-901 provided: (1) The necessary information was furnished on the annual registration form; (2) The requ…

17 CAR § 236-904. Firm registration. (a)(1) A firm engaged in the practice of public accounting that has an office in this state must register with the Arkansas State Board of Public Accountancy. (2) As defined in Subpart 6 of this part, a firm includes: (A) A corporation; (B) A …

17 CAR § 236-905. Temporary licensure. Notwithstanding the provisions of 17 CAR §§ 236-901 – 236-904, the Arkansas State Public Accountancy Board may issue temporary licenses to certain persons under the conditions set forth in 17 CAR § 236-1803.

17 CAR § 240-1001. Renewal of license. (a) All auctioneer licenses expire on June 30 of each year unless renewed. (b) Applications for license renewal postmarked by June 30 shall include: (1) A license renewal fee of one hundred dollars ($100); and (2) Proof of required continuin…

17 CAR § 240-1002. Denial of application for renewal. An application for renewal of license may be denied if the auctioneer has: (1) Been convicted in a court of competent jurisdiction of this or any other jurisdiction of a criminal offense involving a felony listed under Arkansa…

17 CAR § 240-1003. Late renewal — Grace period. (a) Auctioneers who fail to renew their license by June 30 shall have a grace period of thirty (30) days to renew their license. (b) Applications for license renewal postmarked by July 31 shall include: (1) A license renewal fee of …

17 CAR § 240-1004. Late renewal notice. (a) The Auctioneer’s Licensing Board shall notify any auctioneer who fails to renew his or her license by July 1 that the grace period for renewal ends on July 31. (b) The notice shall be sent by first class and electronic mail to the addre…

17 CAR § 240-1005. Failure to renew license — Lapsed status. (a) Any license not renewed on or before July 31 shall be considered lapsed. (b) The Auctioneer’s Licensing Board shall issue a final late renewal notice by first class and electronic mail, notifying licensees of the re…

17 CAR § 240-1006. Reinstatement from lapsed status. (a) A lapsed license may be reinstated for a period of two (2) months following the July 31 deadline for license renewal. (b) The lapsed licensee will be reinstated upon: (1) Payment of the renewal fee; (2) Payment of the late …

17 CAR § 240-1007. Revocation of lapsed license. (a) A license which has lapsed for two (2) months following the July 31 deadline shall be considered revoked for nonrenewal. (b)(1) The Auctioneer’s Licensing Board will notify the auctioneer that the license has been revoked for n…

17 CAR § 240-1008. License renewal — Special circumstances. (a) Uniformed service members. (1) The expiration date of a license of a deployed uniformed service member or spouse will be extended for one hundred eighty (180) days following the date the uniformed service member retu…