Iowa Administrative Code

103.2(1) A license is required to conduct a bingo occasion unless the requirements of Iowa Code section 99B.23 are met. 103.2(2) Bingo occasions are restricted to the location for which application is made by the qualified organization and approved by the department. For good cau…

Code section 99B.1(6) to be a legal game of bingo. 103.4(1) A fair and legal game shall meet all of the following criteria: a. There will be no concealed numbers on a playing face. b. There will be an announcer or caller. c. Numbers will be announced so all players can hear clear…

established by the licensee must be readily available to every bingo player during every bingo occasion, with rules established by the licensee posted on a sign near the front of the playing area. 103.5(1) Posted rules shall be in large, easily readable print and include: a. The …

section 99B.21. The exact amount of the prize shall be announced before the beginning of each game. 103.6(1) Prizes shall be recorded each occasion on the daily bingo summary (Table A—end of this chapter) as they are paid by listing the number of the game; the winning pattern; th…

103.7(1) Each organization must have a responsible party listed on the application who is an active member of the organization, familiar with the requirements of the Iowa law and aware of the bingo activities of the organization. 103.7(2) Volunteers must be actively participating…

103.8(1) The licensee shall be able to prove expenses were incurred exclusively and directly as a result of bingo and not exceed 40 percent of net receipts. Reasonable expenses within the 40 percent limit are: a. The license fee; b. Withholding, unemployment, or social security t…

section 99B.13 and shall meet the following criteria: 1. All buildings in which bingo occasions are conducted will meet state or local standards for occupancy and safety. 2. The name of the licensee will be posted on the sign of each building or location where bingo occasions are…

Accountant” is regulated in the public interest and imposes a duty on accounting professionals to maintain public confidence and current knowledge, skills, and abilities in all areas of services. CPAs and LPAs have to accept and fulfill their ethical responsibilities to the publi…

permanent revocation, if the licensee or applicant provides false information to the board in connection with an application to renew or reinstate a certificate or license. A licensee or an applicant is also subject to discipline if the licensee or applicant is unable to document…

1030.11(1) Purpose. For a variety of reasons, some CPAs and LPAs may wish to complete their continuing education on a three-year cycle ending on a date other than December 31. By way of illustration, some licensees may prefer to take courses on particular substantive topics that …

“Continuing professional education (CPE)” means education that is acquired by a licensee in order to maintain, improve, or expand skills and knowledge present at initial licensure or to develop new and relevant skills and knowledge. “Firm meeting” means a formally arranged gather…

to the renewal of the certificate or license. [ARC 7686C, IAB 3/6/24, effective 4/10/24; Editorial change: IAC Supplement 6/10/26]

professional education are the responsibility of the certificate holder or license holder wishing to maintain registration in this state. [ARC 7686C, IAB 3/6/24, effective 4/10/24; Editorial change: IAC Supplement 6/10/26]

1030.5(1) Except as provided in subrules 1030.5(2) through 1030.5(7), an applicant for renewal will have completed 120 hours of qualifying continuing professional education during the three-year period ending on the December 31 or June 30 preceding the July 1 renewal date of the …

of credit to be given for qualifying continuing professional education programs completed by individual applicants: 1030.6(1) Credit is measured with one 50-minute period equaling one contact hour of credit. Half- hour credits may be allowed (equal to not less than 25 minutes) af…

1030.7(1) Every CPA certificate holder or LPA license holder who is responsible for supervising compilation services or who signs or authorizes someone to sign the accountant’s compilation report on behalf of a firm will complete, as a condition of certificate or license renewal,…

1030.8(1) The overriding consideration in determining whether a specific program qualifies as acceptable continuing education is that it be a formal program of learning that contributes directly to the professional competence of an individual certified or licensed in this state. …

1030.9(1) An applicant for renewal may be requested to provide, in such manner, including but not limited to the online renewal process, and at such time as set forth by the board, verification and documentation setting forth the continuing professional education in which the lic…

compilation reports other than through a CPA or an LPA firm that holds a permit to practice, and as a condition of permit renewal for LPA firms that issue compilation reports or CPA firms that provide attest services or issue compilation reports, the applicant shall submit certif…

application for renewal of a certificate, license, or permit to practice, the individual licensee or firm shall have completed a peer review in accordance with this chapter. A peer review shall be completed no less often than once every three years. [ARC 7687C, IAB 3/6/24, effect…

compilation services prior to the application for renewal, the firm will have in place a system of internal quality control prior to the commencement of an engagement including attest or compilation services and come into compliance with the peer review obligations within 18 mont…

endorsed or supported by the AICPA, the National Society of Accountants or other substantially similar review programs in Iowa or other states approved by the board satisfies this chapter. [ARC 7687C, IAB 3/6/24, effective 4/10/24; Editorial change: IAC Supplement 6/10/26]

from this chapter, as provided in Iowa Code sections 542.7(9) and 542.8(18). [ARC 7687C, IAB 3/6/24, effective 4/10/24; Editorial change: IAC Supplement 6/10/26]

in writing to the administering entity of the peer review program, the administering entity will make available to the board, within 30 days of the issuance of the peer review acceptance letter, the final peer review report or such peer review records as are designated by the pee…

permits and renewals adopted by the board: Initial CPA examination application: Paid directly to CPA examination services not to exceed $1,500 Reexamination: Paid directly to CPA examination services not to exceed $1,500 Original issuance of CPA certificate or LPA license by exam…

1032.2(1) Reinstatement of a lapsed CPA certificate or LPA license. The fee for the reinstatement of a lapsed CPA certificate or LPA license is $100 plus the renewal fee plus $25 per month of expired registration up to a maximum of $1,000. 1032.2(2) Reinstatement of lapsed firm p…

license, pursuant to rule 481—1025.3(542), or the issuance of an initial permit to practice to a CPA or LPA firm, pursuant to rule 481—1027.1(542), will not be prorated. [ARC 7688C, IAB 3/6/24, effective 4/10/24; Editorial change: IAC Supplement 6/10/26] These rules are intended …

1033.1(1) The AICPA Code of Professional Conduct is based upon the premise that the reliance of the public in general and of the business community in particular on sound financial reporting and on the implication of professional competence inherent in the authorized use of a boa…

1033.2(1) Cooperation with board inquiry. A CPA or an LPA will, when requested, respond to communications from the board within 30 days. 1033.2(2) Reporting convictions, judgments, and disciplinary actions. In addition to any other reporting obligations in Iowa Code chapter 542 o…

products or services to clients. 1033.3(1) Use of title. a. Certified public accountant. Only a person who holds an active, unexpired certificate and who complies with 481—Chapter 1025, Licensure Status and Renewal of Certificates and Licenses, and 481—Chapter 1030, Continuing Ed…

1033.4(1) Practice privilege. All audit, review, and other attest services performed in Iowa or for a client with a home office in Iowa has to be performed through a CPA firm that holds an active Iowa firm permit to practice or through an out-of-state CPA firm exercising a practi…

1033.5(1) Who can perform. Only a CPA licensed under Iowa Code section 542.6 or 542.19, or any other applicable law or rule; an LPA licensed under Iowa Code section 542.8, or any other applicable law or rule; or a CPA exercising a practice privilege under Iowa Code section 542.20…

may perform tax services in Iowa. The rules of professional ethics and conduct in this chapter apply to any CPA or LPA who is licensed in Iowa and to any CPA exercising a practice privilege in Iowa whenever such person informs the client or prospective client that the person is a…

protection and well-being of those persons who rely on licensed individuals and firms for the performance of public accounting services within this state or for clients in this state. To perform these functions, the board is broadly vested with authority to review and investigate…

1034.2(1) The board’s disciplinary policy rests upon the premise that the reliance of the public in general and of the business community in particular on sound financial reporting, and on the implication of professional competence inherent in the authorized use of a licensee’s r…

a CPA, an LPA, or a firm of CPAs or LPAs that holds an active, inactive or lapsed certificate, license or permit to practice on any of the following grounds: 1034.3(1) Fraud or deceit in procuring a license. Fraud or deceit in procuring or attempting to procure an initial, recipr…

disciplinary investigation upon the board’s receipt of information suggesting that a licensee may have violated a law or rule enforced by the board which, if true, would constitute grounds for licensee discipline. The board may also review the publicly available work product of l…

or if a member of the board has a conflict of interest in any disciplinary matter before the board, that member will abstain from participation in any consideration of the complaint and from participation in any disciplinary hearing that may result from the complaint. [ARC 7691C,…

1035.3(1) Contents of a written complaint. Written complaints may be submitted through the online complaint process. Written complaints, whether submitted on a board complaint form or in other written medium, will contain the following information: a. The full name, address, and …

a case file number is assigned to a complaint, all persons communicating with the board regarding that complaint are encouraged to include the case file number to facilitate accurate records and prompt response. [ARC 7691C, IAB 3/6/24, effective 4/10/24; Editorial change: IAC Sup…

1035.5(1) General provisions. All complaint and investigative information received or created by the board is privileged and confidential pursuant to Iowa Code section 272C.6(4). Such information will not be released to any person except as provided in that section and this rule.…

and 542.11(1), the board is authorized in connection with a disciplinary investigation to issue subpoenas to compel witnesses to testify or persons to produce books, papers, records and any other real evidence, whether or not privileged or confidential under law, which the board …

the affected licensee, the board may grant the licensee an opportunity to appear for a voluntary informal discussion of the facts and circumstances of an alleged violation, subject to the provisions of this rule. 1035.7(1) An informal discussion is intended to provide a licensee …

1035.8(1) Grounds for closing. The board may close a complaint file, with or without prior investigation. Given the broad scope of matters about which members of the public may have complaints, it is not possible to catalog all possible reasons why the board may close a complaint…

initiated only by the affirmative vote of a majority of a quorum of the board at a public meeting. Board members who are disqualified will be excluded in determining whether a quorum exists. If, for example, two members of the board are disqualified, four members of the board con…

of Iowa Code chapter 542 or board rules in this chapter, all of the procedures set forth in 481—Chapter 506 apply to disciplinary contested cases initiated by the board. [ARC 7692C, IAB 3/6/24, effective 4/10/24; Editorial change: IAC Supplement 6/10/26]