Ga. Comp. R. & Regs. 20-10-.04

Current through Rules and Regulations filed through November 19, 2024
Rule 20-10-.04 - Reinstatement
(1) An application for reinstatement of an expired license shall be accompanied by:
(a) A reinstatement fee of $300.00; and
(b) Evidence, satisfactory to the Board, of the completion of continuing professional education as specified below:
1. Forty hours of continuing professional education for each year since the last renewal of the license or since the initial issuance of the license, whichever is less, up to a maximum of 160 hours.
2. At least twenty percent of the total hours required must be earned in accounting and auditing subjects.
3. At least 80 of the continuing professional education hours must have been completed during the 2-year period immediately preceding the date of application for reinstatement.
4. The hours required may be counted toward fulfilling the continuing professional education requirements for the next biennial renewal, if they were completed during the applicable period for renewal.
5. No carryover hours may be used to satisfy continuing professional education requirements for reinstatement of an expired license.
(c) The Board may, however, accept in lieu of the continuing professional education requirements other evidence of continued competency including, but not limited to, the passing of an examination approved by the Board.
(2) In considering the application for reinstatement, the Board may conduct an investigation of the applicant to determine, among other things, if the applicant engaged in the practice of public accountancy during the period that the applicant was not the holder of a license to practice public accountancy. Based on the results of that investigation, the Board may deny the application for reinstatement.

Ga. Comp. R. & Regs. R. 20-10-.04

O.C.G.A. §§ 43-3-7, 43-3-8, 43-3-18, 43-3-19, 43-3-20.

Original Rule entitled "Permits Issued to Individuals, Partnerships, Professional Corporations Registered Under Section 84-207 or Section 84-208 of the Act" was filed on February 9, 1978; effective March 1, 1978.
Amended: Rule repealed and a new Rule entitled "Reinstatement" adopted. Filed September 9, 1982; effective November 1, 1982, as specified by the Agency.
Repealed: New Rule, same title adopted. F. Oct. 31, 1991; eff. Nov. 20, 1991.
Repealed: New Rule, same title adopted. F. Jan. 5, 2001; eff. Jan. 25, 2001.
Amended: F. Aug. 14, 2012; eff. Sept. 3, 2012.
Amended: F. Feb. 4, 2015; eff. Feb. 24, 2015.
Amended: F. Mar. 24, 2016; eff. Apr. 13, 2016.