CHAPTER 4. CERTIFICATES
IC 25-2.1-4
Chapter 4. Certificates
IC 25-2.1-4-1
Renewal of certificate
Sec. 1. The board shall renew a certificate issued under:
(1) this chapter;
(2) IC 25-2.1-3 (certified public accountants); or
(3) IC 25-2.1-6 (public accountants and accountingpractitioners) before July 1, 2007;
if the holder of the certificate applies and meets the requirementsunder this chapter.
As added by P.L.30-1993, SEC.7. Amended by P.L.128-2001,SEC.23; P.L.190-2007, SEC.8.
IC 25-2.1-4-2
Expiration date of certificate
Sec. 2. (a) An initial and renewed certificate expires on the dateestablished by the licensing agency under IC 25-1-6-4.
(b) An individual may renew a certificate by paying a renewal feeand complying with the continuing education requirementsestablished under section 5 of this chapter on or before the expirationdate of the certificate.
(c) If an individual fails to pay a renewal fee on or before theexpiration date of a certificate, the certificate becomes invalidwithout further action by the board.
(d) If an individual holds a certificate that has been invalid for notmore than three (3) years, the board shall reinstate the certificate ifthe individual meets the requirements of IC 25-1-8-6(c).
(e) If more than three (3) years have elapsed since the date acertificate expired, the individual who holds the certificate may seekreinstatement of the certificate by satisfying the requirements forreinstatement under IC 25-1-8-6(d).
As added by P.L.30-1993, SEC.7. Amended by P.L.105-2008, SEC.5.
IC 25-2.1-4-3
Form and time of application; time for grant or denial; temporarycertificates
Sec. 3. (a) An application for a certificate must be made:
(1) in a form; and
(2) in the case of an application for renewal, between the datesthe board specifies.
(b) The board shall grant or deny an application not more thanninety (90) days after the application is properly filed.
(c) If the applicant seeks the opportunity to show that issuance orrenewal of a certificate was mistakenly denied, or if the board is notable to determine whether a certificate should be granted or denied,the board may issue to the applicant a temporary certificate thatexpires ninety (90) days after its issuance or when the boarddetermines whether to issue or renew the certificate.As added by P.L.30-1993, SEC.7.
IC 25-2.1-4-4
Applicants from other states; requirements
Sec. 4. (a) The board shall issue a CPA certificate to a holder ofa certificate issued by another state if the holder meets therequirements under subsection (b) or (c).
(b) With regard to applicants who do not qualify for reciprocityunder the substantial equivalency standard set forth in section10(a)(2) of this chapter, the board shall issue a CPA certificate to aholder of a certificate issued by another state upon a showing that:
(1) the applicant has:
(A) passed the examination required for issuance of theapplicant's certificate; and
(B) the applicant:
(i) had four (4) years of experience in Indiana or anotherstate of the type described in IC 25-2.1-3-10 or meetsequivalent requirements prescribed by the board afterpassing the examination on which the applicant'scertificate was based and during the ten (10) yearsimmediately preceding the applicant's application; and
(ii) if the applicant's certificate was issued by the otherstate more than four (4) years before the application forissuance of an initial certificate under this chapter,fulfilled the requirements for continuing professionaleducation that would have been applicable under section5 of this chapter.
(c) The board shall issue a CPA certificate to a CPA certified byanother state board or its designee if the board determines that theindividual's CPA qualifications are substantially equivalent to theCPA licensure requirements of Indiana.
As added by P.L.30-1993, SEC.7. Amended by P.L.128-2001,SEC.24; P.L.105-2008, SEC.6.
IC 25-2.1-4-5
Continuing professional education; requirements for renewal;inactive status
Sec. 5. (a) Except as provided in subsection (c), to renew acertificate under this chapter an applicant must complete onehundred twenty (120) hours of continuing professional educationduring a three (3) year period with a minimum of twenty (20) hourseach year.
(b) The board may prescribe the content, duration, andorganization of continuing professional education courses thatcontribute to the general professional competence of the applicant.
(c) If a licensee desires to discontinue the practice of accountancyin Indiana, the licensee may select inactive status on the renewalform. A licensee selecting inactive status may renew a certificateunder this chapter without completing the continuing professionaleducation courses required by subsection (a). (d) The board may establish the following:
(1) Prorated continuing professional education requirements tobe met by applicants whose initial certificates were issuedsubstantially less than three (3) years before the renewal date.
(2) Special lesser requirements to be met by applicants forcertificate renewal whose prior certificates lapsed substantiallybefore their applications for renewal or for an inactive licenseewho wishes to reactivate the licensee's license, when it wouldbe inequitable to require a full compliance with all requirementsof continuing professional education that would have beenapplicable to the period of lapse.
As added by P.L.30-1993, SEC.7. Amended by P.L.179-1997, SEC.2.
IC 25-2.1-4-6
Fees
Sec. 6. The board shall establish fees under IC 25-1-8-2.
As added by P.L.30-1993, SEC.7.
IC 25-2.1-4-7
Applicant information on foreign state jurisdiction licensures andsuspensions; duty to provide
Sec. 7. An applicant for initial issuance or renewal of a certificateunder this chapter shall:
(1) list each state in which the applicant has applied for or holdsa certificate, license, or permit; and
(2) notify the board in writing, not more than thirty (30) daysafter its occurrence, of an issuance, denial, revocation, orsuspension of a certificate, license, or permit by another state.
As added by P.L.30-1993, SEC.7.
IC 25-2.1-4-8
Foreign nation accountancy designation; requirements for statelicensure
Sec. 8. The board shall issue a CPA certificate to a holder of adesignation granted in a foreign country entitling the holder toengage in the practice of accountancy if:
(1) the foreign authority that granted the designation makes asimilar provision to allow an individual who holds a validcertificate issued by the board to obtain the foreign authority'scomparable designation;
(2) the foreign designation:
(A) was issued by a foreign authority that regulates thepractice of accountancy and has not expired, been revoked,or suspended;
(B) entitles the holder to issue reports for financialstatements; and
(C) was issued upon the basis of educational andexamination and experience requirements established by theforeign authority; and
(3) the applicant: (A) received the designation, based on educational andexamination standards substantially equivalent to those ineffect in Indiana at the time the foreign designation wasgranted;
(B) meets:
(i) an experience requirement substantially equivalent tothe requirement under IC 25-2.1-3-10, in the jurisdictionthat granted the foreign designation;
(ii) has completed four (4) years of experience in Indianaor another state of the type described in IC 25-2.1-3-10; or
(iii) meets equivalent requirements established by theboard within the ten (10) years immediately preceding theapplication; and
(C) passed a uniform qualifying examination in nationalstandards and an examination on the laws, rules, and code ofethical conduct in effect in Indiana acceptable to the board.
As added by P.L.30-1993, SEC.7. Amended by P.L.2-1995, SEC.94;P.L.128-2001, SEC.25.
IC 25-2.1-4-9
Applicant information on foreign accountancy designation topractice or suspension from practice; duty to provide
Sec. 9. An applicant for initial issuance or renewal of a certificateshall in the application list each jurisdiction where the applicant hasapplied for or holds a designation to practice accountancy and eachholder of a certificate issued under this article shall notify the boardin writing, not more than thirty (30) days after its occurrence of anyissuance, denial, revocation, or suspension of a designation, or thecommencement of a disciplinary or enforcement action by anyjurisdiction.
As added by P.L.30-1993, SEC.7. Amended by P.L.128-2001,SEC.26.
IC 25-2.1-4-10
Certification or permit not required for CPA certificate holdersfrom other states; conditions
Sec. 10. (a) An individual:
(1) whose principal place of business is not in Indiana; and
(2) who either:
(A) has a valid certificate as a CPA from any state that theboard or its designee has determined to be in substantialequivalence with the CPA licensure requirements of thisstate; or
(B) has individual CPA qualifications that have beendetermined by the board or its designee as substantiallyequivalent to the CPA licensure requirements of Indiana;
shall be presumed to have qualifications substantially equivalent tothis state's requirements and shall have all the privileges granted tothe holder of a CPA certificate under IC 25-2.1-3 without the need toobtain a certificate under IC 25-2.1-3 or a permit under IC 25-2.1-5. (b) Notwithstanding any other provision of law, an individual whooffers or renders professional services, in person or by mail,telephone, or other electronic means, as authorized under thissection:
(1) is not required to provide notice or other submissions to theboard; and
(2) is subject to the requirements in subsection (c).
(c) An individual of another state exercising the privilege grantedunder this section and a CPA firm that employs the individualconsent, as a condition of the grant of this privilege:
(1) to the personal and subject matter jurisdiction anddisciplinary authority of the board;
(2) to comply with this article and the board's rules;
(3) that if a certificate as a CPA from the state of theindividual's principal place of business is no longer valid, theindividual shall cease exercising the privilege granted under thissection in Indiana, individually and on behalf of the CPA firm;and
(4) to the appointment of the state board or agency that issuedthe individual's license as the individual's agent on whomprocess may be served in any action or proceeding by this boardagainst the individual.
As added by P.L.128-2001, SEC.27. Amended by P.L.190-2007,SEC.9.