339.727a Individual whose principal place of business is outside of state; practice without need to obtain certificate, license, or temporary practice permit; requirements; practice privileges.
Sec. 727a.
(1) An individual whose principal place of business is not in this state shall be considered to have qualifications substantially equivalent to this state's requirements, shall have all the privileges of licensees of this state, and may practice public accountancy without the need to obtain a certificate, license, or temporary practice permit under this article, if the individual meets either or both of the following:
(a) Holds a valid license as a certified public accountant from another licensing jurisdiction that requires, as a condition of licensure, that the individual meets all of the following:
(i) Has at least 150 semester hours of college education including a baccalaureate or higher degree conferred by a college or university.
(ii) Achieves a passing grade on the uniform certified public accountant examination.
(iii) Possesses at least 1 year of experience including providing any type of service or advice involving the use of accounting, attest, compilation, management advisory, financial advisory, tax, or consulting skills, all of which may be obtained through government, industry, academic, or public practice as verified by a licensee.
(b) Holds a valid license as a certified public accountant from another licensing jurisdiction that does not meet the requirements of subdivision (a), but such individual's certified public accountant qualifications are substantially equivalent to those requirements. Any individual who passed the uniform certified public accountant examination and holds a valid license issued by another licensing jurisdiction prior to January 1, 2012 is exempt from the education requirement in subdivision (a)(i) for purposes of this subdivision.
(2) Notwithstanding any other provision of law, an individual who offers or renders professional services, whether in person or by mail, telephone, or electronic means under this section shall be granted practice privileges in this state, and no notice, fee, or other submission shall be required of any such individual. Such an individual is subject to the requirements of section 734a.
History: Add. 2008, Act 161, Imd. Eff. June 11, 2008 Popular Name: Act 299
339.727a Individual whose principal place of business is outside of state; practice without need to obtain certificate, license, or temporary practice permit; requirements; practice privileges.
Sec. 727a.
(1) An individual whose principal place of business is not in this state shall be considered to have qualifications substantially equivalent to this state's requirements, shall have all the privileges of licensees of this state, and may practice public accountancy without the need to obtain a certificate, license, or temporary practice permit under this article, if the individual meets either or both of the following:
(a) Holds a valid license as a certified public accountant from another licensing jurisdiction that requires, as a condition of licensure, that the individual meets all of the following:
(i) Has at least 150 semester hours of college education including a baccalaureate or higher degree conferred by a college or university.
(ii) Achieves a passing grade on the uniform certified public accountant examination.
(iii) Possesses at least 1 year of experience including providing any type of service or advice involving the use of accounting, attest, compilation, management advisory, financial advisory, tax, or consulting skills, all of which may be obtained through government, industry, academic, or public practice as verified by a licensee.
(b) Holds a valid license as a certified public accountant from another licensing jurisdiction that does not meet the requirements of subdivision (a), but such individual's certified public accountant qualifications are substantially equivalent to those requirements. Any individual who passed the uniform certified public accountant examination and holds a valid license issued by another licensing jurisdiction prior to January 1, 2012 is exempt from the education requirement in subdivision (a)(i) for purposes of this subdivision.
(2) Notwithstanding any other provision of law, an individual who offers or renders professional services, whether in person or by mail, telephone, or electronic means under this section shall be granted practice privileges in this state, and no notice, fee, or other submission shall be required of any such individual. Such an individual is subject to the requirements of section 734a.
History: Add. 2008, Act 161, Imd. Eff. June 11, 2008 Popular Name: Act 299
339.727a Individual whose principal place of business is outside of state; practice without need to obtain certificate, license, or temporary practice permit; requirements; practice privileges.
Sec. 727a.
(1) An individual whose principal place of business is not in this state shall be considered to have qualifications substantially equivalent to this state's requirements, shall have all the privileges of licensees of this state, and may practice public accountancy without the need to obtain a certificate, license, or temporary practice permit under this article, if the individual meets either or both of the following:
(a) Holds a valid license as a certified public accountant from another licensing jurisdiction that requires, as a condition of licensure, that the individual meets all of the following:
(i) Has at least 150 semester hours of college education including a baccalaureate or higher degree conferred by a college or university.
(ii) Achieves a passing grade on the uniform certified public accountant examination.
(iii) Possesses at least 1 year of experience including providing any type of service or advice involving the use of accounting, attest, compilation, management advisory, financial advisory, tax, or consulting skills, all of which may be obtained through government, industry, academic, or public practice as verified by a licensee.
(b) Holds a valid license as a certified public accountant from another licensing jurisdiction that does not meet the requirements of subdivision (a), but such individual's certified public accountant qualifications are substantially equivalent to those requirements. Any individual who passed the uniform certified public accountant examination and holds a valid license issued by another licensing jurisdiction prior to January 1, 2012 is exempt from the education requirement in subdivision (a)(i) for purposes of this subdivision.
(2) Notwithstanding any other provision of law, an individual who offers or renders professional services, whether in person or by mail, telephone, or electronic means under this section shall be granted practice privileges in this state, and no notice, fee, or other submission shall be required of any such individual. Such an individual is subject to the requirements of section 734a.
History: Add. 2008, Act 161, Imd. Eff. June 11, 2008 Popular Name: Act 299
