325.261 Qualifications for licensure as certified public accountant.

331 words·~2 min read·/ky/chapter-325/325-261

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The license of "certified public accountant" shall be granted by the board to any person who satisfies the following requirements:

(1)Is no less than eighteen

(18)years of age;

(2)Is of good moral character;

(3)Has a baccalaureate degree or master's degree conferred by a college or university

recognized by the board with a major or concentration in accounting or its

equivalent, as defined in administrative regulations promulgated by the board;

(4)Passes a board-approved examination in accounting, auditing, and other related

subjects as the board deems appropriate. To be eligible to apply for the examination,

a person shall first satisfy the requirement of subsections

(1)to

(3)of this section;

(5)Completes one hundred fifty

(150)college semester hours that include a

baccalaureate or masters degree conferred by a college or university recognized by

the board with a major or concentration in accounting or its equivalent, as defined

in administrative regulations promulgated by the board;

(6)Obtains one

(1)year of accounting or attest experience while employed in an

accounting or auditing position in public practice, industry, or government that shall

be verified by a certified public accountant who, during the time being verified, held

an active license to practice from any state. The one

(1)year of experience required

under this subsection shall be obtained:

(a)After the completion of the education requirements established in subsection

(3)of this section; and

(b)Within five

(5)years from the date the candidate successfully completed the

examination;

(7)At the time of applying for a license is a United States citizen, a citizen of a foreign

country who is legally residing in the United States, or is an employee of a public

accounting firm, company, or an institution of postsecondary education located

outside the United States, but which has an office or campus located in the United

States; and

(8)Submits a complete application for a license to practice as a certified public

accountant in accordance with KRS 325.330.