1. A. In order to assure continuing professional competence of individuals in accountancy, and as a condition for issuance or renewal of a permit to practice, certificate and license holders shall furnish evidence of participation in continuing professional education.
2. B. Certificate and license holders shall complete a minimum of forty (40) hours of continuing professional education per compliance period to obtain a permit to practice public accounting. Continuing professional education compliance periods shall be established by rule.

3. C. The Oklahoma Accountancy Board shall adopt rules and regulations regarding such continuing professional education. Such rules shall include but not be limited to:

   1. 1. Requiring reporting of continuing professional education to coincide with the annual permit renewal date;
   2. 2. Provisions for exempting retired and disabled individuals and individuals not engaged in the practice of public accounting as defined by the Board in the rules for the requirement of continuing professional education; and
   3. 3. Adopt standards for determining approved continuing professional education courses.

Added by Laws 1980, HB 1533, c. 274, § 4, emerg. eff. July 1, 1980; Amended by Laws 1992, HB 2340, c. 272, § 30, eff. September 1, 1992; Amended by Laws 2002, SB 1429, c. 312, § 18, eff. November 1, 2002 (superseded document available).