§ 25-2.1-4-8 — Foreign nation accountancy designation; requirements for state licensure

Indiana § 25-2.1-4-8

• Jurisdiction: Indiana
• Title 25: PROFESSIONS AND OCCUPATIONS
• Art. 2.1: ACCOUNTANTS
• Ch. 4: Certificates

Text

The board shall issue a CPA certificate to a
holder of a designation granted in a foreign country entitling the holder
to engage in the practice of accountancy if:
(1) the foreign authority that granted the designation makes a
similar provision to allow an individual who holds a valid
certificate issued by the board to obtain the foreign authority's
comparable designation;
(2) the foreign designation:
(A) was issued by a foreign authority that regulates the practice
of accountancy and has not expired, been revoked, or
suspended;
(B) entitles the holder to issue reports for financial statements;
and
(C) was issued upon the basis of educational and examination
and experience requirements established by the foreign
authority; and
(3) the applicant:
(A) received the designation, based on educational and
examination standards substantially equivalent to those in effect
in Indiana at the time the foreign designation was granted;
(B) meets:
(i) an experience requirement substantially equivalent to the
requirement under IC 25-2.1-3-10, in the jurisdiction that
granted the foreign designation;
(ii) has completed four (4) years of experience in Indiana or
another state of the type described in IC 25-2.1-3-10; or
(iii) meets equivalent requirements established by the board
within the ten (10) years immediately preceding the
application; and
(C) passed a uniform qualifying examination in national
standards and an examination on the laws, rules, and code of
ethical conduct in effect in Indiana acceptable to the board.

Legislative History

As added by P.L.30-1993, SEC.7. Amended by P.L.2-1995, SEC.94; P.L.128-2001, SEC.25.