Wyo. Code R. 061-0001-4
Accountants, Board of Certified Public
Chapter 4: Permits
Effective Date: 09/05/2008 to 08/25/2009
Rule Type: Superceded Rules & Regulations
Reference Number: 061.0001.4.09052008
(a) Any partnership, corporation, limited liability company, or sole proprietorship that uses the CPA designation or is owned by a majority of CPAs and provides services as defined in W. S. 33-3-109(c) and Chapter 1, Section 2(d) and Section 2(ii) shall register the firm and obtain a permit prior to rendering professional services to individuals or organizations which are domiciled in or are residents of the state of Wyoming when any part of the services are performed within the state.
(b) All certificate holders who perform compilation services outside of a permitted firm and are otherwise not required to obtain a firm permit shall register through a designated certificate holder for peer review purposes.
(c) The practice of public accounting as a CPA firm in Wyoming is permitted in compliance with W.S. 33-3-118, W. S. 33-3-120, and the Rules and Regulations.
(d) CPA firms shall meet permit registration requirements as follows:
(i) Any corporation making application for registration to carry on the practice of public accounting within the state of Wyoming must file a certified copy of the articles of incorporation at the time such application is filed and subsequent amendments thereto in accordance with Chapter 1 of the Rules and Regulations.
(A) The practice of public accounting in Wyoming is permitted in the professional corporation form in compliance with the additional requirements of W.S. 17-3-101 through 104 specifically but not limited to the requirement of W.S. 17-3-101 that all owners of capital stock be licensed or permitted under Wyoming law and the requirements of W.S. 17-3-103 with respect to corporate name.
(ii) Any limited liability company making application to carry on the practice of public accounting within the state of Wyoming must file a certified copy of the articles of organization at the time such application is filed and subsequent amendments thereto in accordance with Chapter 1 of the Rules and Regulations.
(e) CPA firms of other states must license all certificate holders actually present in Wyoming for the purposes of performing professional services as required under Chapter 3, Section 2.
(f) Application to register shall be made on forms provided by the Board and upon the affidavit of a designated certificate holder who holds an active Wyoming certificate and is responsible for the CPA firm or peer review in the State of Wyoming. All notifications required under this act and the Rules and Regulations shall be the responsibility of this designated certificate holder.
Section 2. Registration of Offices. Designated certificate holders shall register all CPA offices located in Wyoming with the CPA firm registration and provide the following information:
(a) Office name; (b) Office location; (c) Phone number;
(d) Name of resident manager; resident manager must be an active Wyoming certificate holder who sustains a regular, continuous, and substantial participation in the professional services performed at the office location.
Section 3. Renewal.
(a) All CPA firm permits and peer review registrations expire December 31 of each calendar year. Renewal notifications shall be mailed to designated certificate holders no later than October 1 of each calendar year.
(b) The designated certificate holder shall submit an application for renewal which shall be postmarked or received in the Board office no later than November 1 of each calendar year and be accompanied by the following:
(i) his complete individual certificate renewal; (ii) copies of applicable amended articles of incorporation or articles of organization; and (iii) applicable fees, to include late and notice fees assessed to active certificate holders as outlined in Chapter 1, Section 12.
Section 4. Non-certificate Holders. CPA firms whose ownership includes non-certificate holders shall provide a listing of the names of all certificate and non-certificate holder owners at initial registration. This listing shall document compliance with subsection (ii) of this section.
(i) subsequent changes must be reported within sixty (60) days; (ii) if the withdrawal of a certificate holder results in the CPA firm's ownership being controlled by more than 49% of non-certificate holders, the CPA firm shall take corrective action within sixty (60) days to ensure the CPA firm complies with W. S. 33-3-118(b)(x).