(1) The Mississippi State Board of Public Accountancy is authorized with the following powers and duties:(a) To adopt a seal;(b) To govern its proceedings;(c) To set the fees and to regulate the time, manner and place of conducting examinations to be held under this chapter. A candidate for licensure must pass all sections of the Uniform CPA Examination for the initial issuance of a license under this chapter;(d) To initiate investigations of certified public accountant and certified public accountant firm practices;(e) To notify applicants who have failed an examination of such failure and in what branch or branches deficiency was found;(f) To adopt and enforce such rules and regulations concerning certified public accountant examinee and licensee qualifications and practices and certified public accountant firm permits and practices as provided in this chapter and as the board considers necessary to maintain the highest standard of proficiency in the profession of certified public accounting and for the protection of the public interest. The standards of practice by certified public accountants and certified public accountant firms shall include generally accepted auditing and accounting standards as recognized by the Mississippi State Board of Public Accountancy;(g) To issue certified public accountant licenses under the signature and the official seal of the board as provided in this chapter; and to issue permits to practice public accounting to certified public accountant firms pursuant to such rules and regulations as may be promulgated by the board;(h) To employ personnel;(i) To contract for services and rent; and(j) To adopt and enforce all such rules and regulations as shall be necessary for the administration of this chapter; however, no adoption or modification of any rules or regulations of the board shall become effective unless any final action of the board approving such adoption or modification shall occur at a time and place which is open to the public and for which notice by mail or electronic mail of such time and place and the rules and regulations proposed to be adopted or modified has been given at least thirty (30) days prior thereto to every person who is licensed and registered with the board.
(a) To adopt a seal;
(b) To govern its proceedings;
(c) To set the fees and to regulate the time, manner and place of conducting examinations to be held under this chapter. A candidate for licensure must pass all sections of the Uniform CPA Examination for the initial issuance of a license under this chapter;
(d) To initiate investigations of certified public accountant and certified public accountant firm practices;
(e) To notify applicants who have failed an examination of such failure and in what branch or branches deficiency was found;
(f) To adopt and enforce such rules and regulations concerning certified public accountant examinee and licensee qualifications and practices and certified public accountant firm permits and practices as provided in this chapter and as the board considers necessary to maintain the highest standard of proficiency in the profession of certified public accounting and for the protection of the public interest. The standards of practice by certified public accountants and certified public accountant firms shall include generally accepted auditing and accounting standards as recognized by the Mississippi State Board of Public Accountancy;
(g) To issue certified public accountant licenses under the signature and the official seal of the board as provided in this chapter; and to issue permits to practice public accounting to certified public accountant firms pursuant to such rules and regulations as may be promulgated by the board;
(h) To employ personnel;
(i) To contract for services and rent; and
(j) To adopt and enforce all such rules and regulations as shall be necessary for the administration of this chapter; however, no adoption or modification of any rules or regulations of the board shall become effective unless any final action of the board approving such adoption or modification shall occur at a time and place which is open to the public and for which notice by mail or electronic mail of such time and place and the rules and regulations proposed to be adopted or modified has been given at least thirty (30) days prior thereto to every person who is licensed and registered with the board.
(2) To be admitted to the examination provided under subsection (1)(c) of this section, a candidate for licensure must have completed:(a) A postgraduate degree acceptable to the board, including an accounting concentration or equivalent as determined by board rule, at a college or university;(b) A baccalaureate degree with additional semester credit hours for a total of one hundred fifty (150) or more semester hours, all acceptable to the board and including an accounting concentration or equivalent as determined by board rule, at a college or university; or(c) A baccalaureate degree acceptable to the board, including an accounting concentration or equivalent as determined by board rule, at a college or university.
(a) A postgraduate degree acceptable to the board, including an accounting concentration or equivalent as determined by board rule, at a college or university;
(b) A baccalaureate degree with additional semester credit hours for a total of one hundred fifty (150) or more semester hours, all acceptable to the board and including an accounting concentration or equivalent as determined by board rule, at a college or university; or
(c) A baccalaureate degree acceptable to the board, including an accounting concentration or equivalent as determined by board rule, at a college or university.
(3) In addition to the education requirements provided in subsection (2) of this section, a candidate for licensure must have:(a) For candidates who meet the education requirements provided in subsection (2)(a) or (b) of this section, one (1) year of experience as defined by board rule; or(b) For candidates who meet the education requirements provided in subsection (2)(c) of this section, two (2) years of experience as defined by board rule.
(a) For candidates who meet the education requirements provided in subsection (2)(a) or (b) of this section, one (1) year of experience as defined by board rule; or
(b) For candidates who meet the education requirements provided in subsection (2)(c) of this section, two (2) years of experience as defined by board rule.
The experience required under this subsection (3) shall include providing any type of service or advice representing the skills needed at the time of initial licensure to serve the public, including accounting, attest, compilation, management advisory, financial advisory, tax or consulting skills, verified by a licensee and meeting the requirements defined by board rule. This experience may be obtained through employment in government, industry, academia or public practice.
(4) Any licensee who has passed all sections of the Uniform CPA Examination and holds a valid license that was issued by the board prior to January 1, 2012, is exempt from the education and experience requirements set forth in subsections (2) and (3) of this section.
(5) Each application or filing made under this section shall include the social security number(s) of the applicant in accordance with Section 93-11-64, Mississippi Code of 1972.