§ 12-100-110 — Approval of schools

(1) The board shall approve the accounting
program of the schools that meet the following requirements:

(a) The school has a curriculum designed to give the candidate proficiency in
those subjects in which the candidate must pass an examination to be licensed.

(b) The school shall have adequate equipment and resources, including
suitable facilities for practical instruction and shall maintain an adequate
professional library. It shall provide a sufficient number of full-time salaried
instructors with satisfactory professional training. It shall provide a satisfactory
major in accountancy and allied subjects. It shall require for admission the
satisfactory completion of an approved four-year secondary school course of study
or the equivalent.

(2) If any applicant is a graduate from a school that has not at the time of the
filing of the application been approved by the board, the board may make an
investigation to determine whether or not the school did, at the time of the
applicant's attendance, meet the requirements set forth in subsection (1) of this
section. If the board finds that the school did, at that time, meet the requirements
set forth in that subsection, the board may approve the school as of the time of the
applicant's graduation from the school.

(3) The board may, after a hearing, withdraw its approval of any school that
fails to meet the requirements of the law and the standards of the board. The board
shall give notice to the school complained against and shall hold a hearing on the
complaint within a reasonable time after notice is given.

(4) Before disapproving any school for which approval is sought, the board
shall give notice to the school of its contemplated action and shall hold a hearing
within a reasonable time after notice is given, affording the school an opportunity to
be heard.

Legislative History

Source: L. 2019: Entire title R&RE with relocations, (HB 19-1172), ch. 136, p. 799, � 1, effective October 1.