1. (a) An applicant who holds a current CPA license in good standing issued by another state that meets the substantial equivalency requirements under 12 AAC 04.285 may apply for a license to engage in the practice of public accounting in the state. The applicant

   1. (1) must comply with the standards of practice set out under AS 08.04 and this chapter;
   2. (2) must meet the requirements of AS 08.04.105 and 08.04.195;
   3. (3) may not be convicted of a crime that affects the applicant's ability to practice public accountancy competently and safely, as determined by the board;
   4. (4) may not have had a license to practice public accountancy revoked, suspended, or voluntarily surrendered in relation to a licensing or compliance issue in the state or another state within the meaning given in AS 08.04.680, or in a country or foreign jurisdiction outside of the United States; and
   5. (5) must hold a current CPA license for a period of at least two years from the date of issuance of the license.

2. (b) An applicant for a license under this section must submit

   1. (1) verification that the applicant holds a current CPA license in good standing issued by another state within the meaning given in AS 08.04.680; the verification must include

      1. (A) the date of issuance of the license, to demonstrate compliance with (a)(5) of this section;
      2. (B) the applicant's current license status; and
      3. (C) information regarding disciplinary action or investigation taken or pending relating to the applicant;
   2. (2) a complete application on a form provided by the department;
   3. (3) the applicable fees specified in 12 AAC 02.340;
   4. (4) verification showing that the applicant has passed the applicable examinations required under 12 AAC 04.200(a) and (b);
   5. (5) a criminal history information report as set out under 12 AAC 04.161; and
   6. (6) verification of all valid and current CPA licenses that the applicant currently holds or has previously held issued by another jurisdiction; for each license, the verification must include the information required under (1)(B) and (C) of this subsection.
3. (c) An applicant who currently holds a valid CPA license issued by another state for a period of at least two years meets the experience requirements applicable under AS 08.04.195(a)(2).
4. (d) Repealed 7/26/2025.

(Eff. 1/1/2008, Register 184; am 9/28/2008, Register 187; am 12/25/2015, Register 216; am 2/24/2022; Register 241; am 4/12/2024, Register 250)

Authority: AS 08.04.070, AS 08.04.195