Or. Admin. Code § 801-010-0100

Current through Register Vol. 63, No. 12, December 1, 2024

Section 801-010-0100 - Public Accountant Licenses

(1)Application requirements. Applicants for the license of public accountant must meet the following requirements:

(a) Complete and pass the required sections of the CPA exam as described in ORS 673.100 and OAR 801-010-0060;

(b) Complete and pass an ethics exam with a score of 90 or above that has been adopted by the Board; and

(c) Meet the experience requirements stated in ORS 673.100 by obtaining one year of experience, which means having a minimum of 12 months and at least 2000 hours of supervised employment.

(d) The experience and examination requirements must be obtained and completed within eight years immediately preceding the date of application for license.

(e) An applicant's file must be complete in every particular within three months of the date of application or the file will be closed. The application fee is non-refundable.

(2)Experience requirements.

(a) Applicants must meet the experience requirements described in OAR 801-010-0065(2).

(b) The experience required under ORS 673.100 consists of activities generally performed by Oregon licensed CPAs and PAs engaged in public practice. Typical public practice experience for a Public Accountant includes tax return preparation, compiling financial statements, and financial advisory services. Experience obtained by an applicant for a Public Accountant license must be performed while employed at a public accounting firm.

(3)Experience. The applicant's experience must meet the requirements stated in OAR 801-010-0065(3).

(4)Public Accountant practice restrictions. Licensed public accountants who qualified for the CPA exam after January 1, 2002 are not permitted to perform audits.

Or. Admin. Code § 801-010-0100

1AB 9, f. 6-24-60; 1AB 41, f. & ef. 12-2-76; 1AB 4-1982, f. & ef. 5-21-82; 1AB 3-1984, f. 12-19-84, ef. 1-1-85; AB 4-1994, f. & cert. ef. 9-27-94; BOA 1-1998, f. & cert. ef. 1-26-98; BOA 1-1999, f. & cert. ef. 1-20-99; BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00; BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02; BOA 3-2002, f. 12-27-02, cert. ef. 1-1-03; BOA 2-2006, f. 12-22-06, cert. ef. 1-1-07; BOA 3-2009, f. 12-15-09, cert. ef. 1-1-10; BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11; BOA 2-2014 f. 12-15-14, cert. ef. 1/8/2015; BOA 1-2015, f. 9-30-15, cert. ef. 10/1/2015; BOA 1-2019, amend filed 12/19/2019, effective 1/1/2020; BOA 3-2023, amend filed 09/29/2023, effective 10/1/2023

Statutory/Other Authority: ORS 670.310, 673.410 & 673.100

Statutes/Other Implemented: ORS 673.100, 673.150 & 673.103