Licensing of certified public accountants from foreign countries; fees; rules. (1) As used in this section, “foreign country” means a government other than

(a) The United States; or

(b) A state.

(2) The Oregon Board of Accountancy may issue a certified public accountant license to a person who holds a certified public accountant license or chartered accountant certificate issued in a foreign country if the person:

(a) Submits an application in a form prescribed by the board;

(b) Is in good standing with the issuing professional licensing governing body in which the person holds a certified public accountant license or chartered accountant certificate;

(c) Meets requirements that are substantially equivalent to the education, experience and other requirements that must be satisfied for the issuance of an initial Oregon certified public accountant license;

(d) Passes an examination on the code of professional ethics adopted by the board; and

(e) Pays the fee required by the board by rule.

(3) The board may adopt rules as necessary to carry out this section. [2025 c.132 §10]