Holder of Certificate Issued by Another State or Foreign Jurisdiction; Requirements for Issuance of Certificate by Department.

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Sec. 726.

(1) The department shall issue a certificate as a certified public accountant to an individual who holds a valid and unrevoked certificate as a certified public accountant issued by or under the authority of another state or United States jurisdiction and meets either of the following conditions:

(a) Provides proof that the applicant's original certificate as a certified public accountant was secured on the basis of requirements that the board determines are equivalent to the standards required for qualification in this state at the same time the applicant was issued his or her original certificate.

(b) Has had 4 years of experience of the type described in section 725(4) after having passed the examination upon which the applicant's certificate was based, within 10 years immediately preceding the date of application.

(2) The department shall issue a certificate as a certified public accountant to an individual who holds a valid and unrevoked certificate as a certified public accountant or an equivalent title issued by or under the authority of a jurisdiction outside the United States equivalent to the requirements as described in section 725.

History: Add. 1997, Act 10, Imd. Eff. May 16, 1997 ;-- Am. 2010, Act 215, Imd. Eff. Nov. 23, 2010
Popular Name: Act 299


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