IC 25-2.1-3
Chapter 3. Certified Public Accountant
IC 25-2.1-3-1 Qualification for certificate
Sec. 1. The board shall issue a CPA certificate to an individual
who does the following:
(1) Demonstrates good character through lack of a history of
dishonest or felonious acts.
(2) Meets the requirements set forth in this chapter and
IC 25-2.1-4.
(3) Pays the fee established by the board. As added by P.L.30-1993, SEC.7. Amended by P.L.128-2001,
SEC.19.
IC 25-2.1-3-2 Examination; qualifications; education requirement
Sec. 2. A first time examination candidate must have at least one
hundred fifty (150) semester hours (or the equivalent if a different
grading period is used) of college education, including a
baccalaureate or higher degree conferred by a college or university
acceptable to the board, the total educational program to include an
accounting concentration or equivalent as determined by the board
to be appropriate. As added by P.L.30-1993, SEC.7. Amended by P.L.87-1996, SEC.4;
P.L.6-2003, SEC.1.
IC 25-2.1-3-3 Examination; contents
Sec. 3. The examination under section 5 of this chapter must test
the candidate's knowledge of the subjects of accounting and auditing,
and other related subjects that the board specifies, including business
law and taxation. As added by P.L.30-1993, SEC.7. Amended by P.L.6-2003, SEC.2.
IC 25-2.1-3-4 Time of holding examinations
Sec. 4. (a) The board shall determine when to hold an
examination.
(b) The examination must be administered at least two (2) times
a year. As added by P.L.30-1993, SEC.7.
IC 25-2.1-3-5 Use of standardized test; contracting for administration of
examination
Sec. 5. The board may:
(1) use any part of the Uniform Certified Public Accountant
Examination and Advisory Grading Service of the American
Institute of Certified Public Accountants; and
(2) contract with third parties to perform administrative services
for the examination as the board determines is appropriate. As added by P.L.30-1993, SEC.7.
IC 25-2.1-3-6
Repealed
(Repealed by P.L.6-2003, SEC.7.)
IC 25-2.1-3-7 Examination in another state; partial credit
Sec. 7. A candidate shall retain credit for each test section of an
examination passed in another state if the credit would have been
given under the requirements applicable in Indiana at the time the
candidate took the examination. As added by P.L.30-1993, SEC.7. Amended by P.L.6-2003, SEC.3.
IC 25-2.1-3-8 Examination; waiver; conditional credit
Sec. 8. If the candidate can show that credit was lost because of
circumstances beyond the candidate's control, the board may extend
the term of conditional credit validity. As added by P.L.30-1993, SEC.7. Amended by P.L.6-2003, SEC.4.
IC 25-2.1-3-9 Examination; fee
Sec. 9. The board may charge, or provide for a third party
administering the examination to charge, each candidate a fee
prescribed by the board, for each section of the examination or
reexamination taken by the candidate. As added by P.L.30-1993, SEC.7. Amended by P.L.6-2003, SEC.5.
IC 25-2.1-3-10 Qualifications; experience requirement
Sec. 10. An applicant for the initial issuance of a certificate under
this chapter shall show that the applicant has had two (2) years of
experience. To qualify as experience under this section, an applicant
may provide any type of service or advice that:
(1) constitutes the use of accounting, attest, compilation,
management advisory, financial advisory, tax, or consulting
skills as determined under the rules adopted by the board; and
(2) is verified by the holder of an active certificate issued under
this article or the corresponding provisions of another state, as
determined by the board.
Experience of the type described in this section applies equally
toward meeting the experience requirement of this section regardless
of whether it is gained through employment in government, industry,
academia, or public practice. As added by P.L.30-1993, SEC.7. Amended by P.L.179-1997, SEC.1;
P.L.128-2001, SEC.21; P.L.6-2003, SEC.6. IC 25-2.1-3-11 Advanced degree instead of accountancy experience requirement
Sec. 11. An advanced degree in accounting or business
administration from a college or university recognized by the board,
and the satisfactory completion of the semester hours in accounting,
business administration, economics, and other related subjects that
the board determines are appropriate, may be substituted as the board
determines appropriate for experience of the type described in
section 10 of this chapter. As added by P.L.30-1993, SEC.7. Amended by P.L.128-2001,
SEC.22.
IC 25-2.1-3-12 Good character requirement
Sec. 12. (a) The board may refuse to grant a certificate on the
ground of failure to satisfy the good character requirement only if
there is a substantial connection between the lack of good character
of the applicant and the professional responsibilities of a licensee.
(b) A finding by the board of lack of good character must be
supported by clear and convincing evidence.
(c) When an applicant is found to be unqualified for a certificate
because of a lack of good character, the board shall furnish the
applicant:
(1) a statement containing the findings of the board;
(2) a complete record of the evidence on which the
determination was based; and
(3) a notice of the applicant's right of appeal. As added by P.L.30-1993, SEC.7.
IC 25-2.1-3
Chapter 3. Certified Public Accountant
IC 25-2.1-3-1 Qualification for certificate
Sec. 1. The board shall issue a CPA certificate to an individual
who does the following:
(1) Demonstrates good character through lack of a history of
dishonest or felonious acts.
(2) Meets the requirements set forth in this chapter and
IC 25-2.1-4.
(3) Pays the fee established by the board. As added by P.L.30-1993, SEC.7. Amended by P.L.128-2001,
SEC.19.
IC 25-2.1-3-2 Examination; qualifications; education requirement
Sec. 2. A first time examination candidate must have at least one
hundred fifty (150) semester hours (or the equivalent if a different
grading period is used) of college education, including a
baccalaureate or higher degree conferred by a college or university
acceptable to the board, the total educational program to include an
accounting concentration or equivalent as determined by the board
to be appropriate. As added by P.L.30-1993, SEC.7. Amended by P.L.87-1996, SEC.4;
P.L.6-2003, SEC.1.
IC 25-2.1-3-3 Examination; contents
Sec. 3. The examination under section 5 of this chapter must test
the candidate's knowledge of the subjects of accounting and auditing,
and other related subjects that the board specifies, including business
law and taxation. As added by P.L.30-1993, SEC.7. Amended by P.L.6-2003, SEC.2.
IC 25-2.1-3-4 Time of holding examinations
Sec. 4. (a) The board shall determine when to hold an
examination.
(b) The examination must be administered at least two (2) times
a year. As added by P.L.30-1993, SEC.7.
IC 25-2.1-3-5 Use of standardized test; contracting for administration of
examination
Sec. 5. The board may:
(1) use any part of the Uniform Certified Public Accountant
Examination and Advisory Grading Service of the American
Institute of Certified Public Accountants; and
(2) contract with third parties to perform administrative services
for the examination as the board determines is appropriate. As added by P.L.30-1993, SEC.7.
IC 25-2.1-3-6
Repealed
(Repealed by P.L.6-2003, SEC.7.)
IC 25-2.1-3-7 Examination in another state; partial credit
Sec. 7. A candidate shall retain credit for each test section of an
examination passed in another state if the credit would have been
given under the requirements applicable in Indiana at the time the
candidate took the examination. As added by P.L.30-1993, SEC.7. Amended by P.L.6-2003, SEC.3.
IC 25-2.1-3-8 Examination; waiver; conditional credit
Sec. 8. If the candidate can show that credit was lost because of
circumstances beyond the candidate's control, the board may extend
the term of conditional credit validity. As added by P.L.30-1993, SEC.7. Amended by P.L.6-2003, SEC.4.
IC 25-2.1-3-9 Examination; fee
Sec. 9. The board may charge, or provide for a third party
administering the examination to charge, each candidate a fee
prescribed by the board, for each section of the examination or
reexamination taken by the candidate. As added by P.L.30-1993, SEC.7. Amended by P.L.6-2003, SEC.5.
IC 25-2.1-3-10 Qualifications; experience requirement
Sec. 10. An applicant for the initial issuance of a certificate under
this chapter shall show that the applicant has had two (2) years of
experience. To qualify as experience under this section, an applicant
may provide any type of service or advice that:
(1) constitutes the use of accounting, attest, compilation,
management advisory, financial advisory, tax, or consulting
skills as determined under the rules adopted by the board; and
(2) is verified by the holder of an active certificate issued under
this article or the corresponding provisions of another state, as
determined by the board.
Experience of the type described in this section applies equally
toward meeting the experience requirement of this section regardless
of whether it is gained through employment in government, industry,
academia, or public practice. As added by P.L.30-1993, SEC.7. Amended by P.L.179-1997, SEC.1;
P.L.128-2001, SEC.21; P.L.6-2003, SEC.6. IC 25-2.1-3-11 Advanced degree instead of accountancy experience requirement
Sec. 11. An advanced degree in accounting or business
administration from a college or university recognized by the board,
and the satisfactory completion of the semester hours in accounting,
business administration, economics, and other related subjects that
the board determines are appropriate, may be substituted as the board
determines appropriate for experience of the type described in
section 10 of this chapter. As added by P.L.30-1993, SEC.7. Amended by P.L.128-2001,
SEC.22.
IC 25-2.1-3-12 Good character requirement
Sec. 12. (a) The board may refuse to grant a certificate on the
ground of failure to satisfy the good character requirement only if
there is a substantial connection between the lack of good character
of the applicant and the professional responsibilities of a licensee.
(b) A finding by the board of lack of good character must be
supported by clear and convincing evidence.
(c) When an applicant is found to be unqualified for a certificate
because of a lack of good character, the board shall furnish the
applicant:
(1) a statement containing the findings of the board;
(2) a complete record of the evidence on which the
determination was based; and
(3) a notice of the applicant's right of appeal. As added by P.L.30-1993, SEC.7.
IC 25-2.1-3
Chapter 3. Certified Public Accountant
IC 25-2.1-3-1 Qualification for certificate
Sec. 1. The board shall issue a CPA certificate to an individual
who does the following:
(1) Demonstrates good character through lack of a history of
dishonest or felonious acts.
(2) Meets the requirements set forth in this chapter and
IC 25-2.1-4.
(3) Pays the fee established by the board. As added by P.L.30-1993, SEC.7. Amended by P.L.128-2001,
SEC.19.
IC 25-2.1-3-2 Examination; qualifications; education requirement
Sec. 2. A first time examination candidate must have at least one
hundred fifty (150) semester hours (or the equivalent if a different
grading period is used) of college education, including a
baccalaureate or higher degree conferred by a college or university
acceptable to the board, the total educational program to include an
accounting concentration or equivalent as determined by the board
to be appropriate. As added by P.L.30-1993, SEC.7. Amended by P.L.87-1996, SEC.4;
P.L.6-2003, SEC.1.
IC 25-2.1-3-3 Examination; contents
Sec. 3. The examination under section 5 of this chapter must test
the candidate's knowledge of the subjects of accounting and auditing,
and other related subjects that the board specifies, including business
law and taxation. As added by P.L.30-1993, SEC.7. Amended by P.L.6-2003, SEC.2.
IC 25-2.1-3-4 Time of holding examinations
Sec. 4. (a) The board shall determine when to hold an
examination.
(b) The examination must be administered at least two (2) times
a year. As added by P.L.30-1993, SEC.7.
IC 25-2.1-3-5 Use of standardized test; contracting for administration of
examination
Sec. 5. The board may:
(1) use any part of the Uniform Certified Public Accountant
Examination and Advisory Grading Service of the American
Institute of Certified Public Accountants; and
(2) contract with third parties to perform administrative services
for the examination as the board determines is appropriate. As added by P.L.30-1993, SEC.7.
IC 25-2.1-3-6
Repealed
(Repealed by P.L.6-2003, SEC.7.)
IC 25-2.1-3-7 Examination in another state; partial credit
Sec. 7. A candidate shall retain credit for each test section of an
examination passed in another state if the credit would have been
given under the requirements applicable in Indiana at the time the
candidate took the examination. As added by P.L.30-1993, SEC.7. Amended by P.L.6-2003, SEC.3.
IC 25-2.1-3-8 Examination; waiver; conditional credit
Sec. 8. If the candidate can show that credit was lost because of
circumstances beyond the candidate's control, the board may extend
the term of conditional credit validity. As added by P.L.30-1993, SEC.7. Amended by P.L.6-2003, SEC.4.
IC 25-2.1-3-9 Examination; fee
Sec. 9. The board may charge, or provide for a third party
administering the examination to charge, each candidate a fee
prescribed by the board, for each section of the examination or
reexamination taken by the candidate. As added by P.L.30-1993, SEC.7. Amended by P.L.6-2003, SEC.5.
IC 25-2.1-3-10 Qualifications; experience requirement
Sec. 10. An applicant for the initial issuance of a certificate under
this chapter shall show that the applicant has had two (2) years of
experience. To qualify as experience under this section, an applicant
may provide any type of service or advice that:
(1) constitutes the use of accounting, attest, compilation,
management advisory, financial advisory, tax, or consulting
skills as determined under the rules adopted by the board; and
(2) is verified by the holder of an active certificate issued under
this article or the corresponding provisions of another state, as
determined by the board.
Experience of the type described in this section applies equally
toward meeting the experience requirement of this section regardless
of whether it is gained through employment in government, industry,
academia, or public practice. As added by P.L.30-1993, SEC.7. Amended by P.L.179-1997, SEC.1;
P.L.128-2001, SEC.21; P.L.6-2003, SEC.6. IC 25-2.1-3-11 Advanced degree instead of accountancy experience requirement
Sec. 11. An advanced degree in accounting or business
administration from a college or university recognized by the board,
and the satisfactory completion of the semester hours in accounting,
business administration, economics, and other related subjects that
the board determines are appropriate, may be substituted as the board
determines appropriate for experience of the type described in
section 10 of this chapter. As added by P.L.30-1993, SEC.7. Amended by P.L.128-2001,
SEC.22.
IC 25-2.1-3-12 Good character requirement
Sec. 12. (a) The board may refuse to grant a certificate on the
ground of failure to satisfy the good character requirement only if
there is a substantial connection between the lack of good character
of the applicant and the professional responsibilities of a licensee.
(b) A finding by the board of lack of good character must be
supported by clear and convincing evidence.
(c) When an applicant is found to be unqualified for a certificate
because of a lack of good character, the board shall furnish the
applicant:
(1) a statement containing the findings of the board;
(2) a complete record of the evidence on which the
determination was based; and
(3) a notice of the applicant's right of appeal. As added by P.L.30-1993, SEC.7.
