Arkansas Administrative Code Agency 019 - State Board of Accountancy
Arkansas Administrative Code – Agency 019: State Board of Public Accountancy
Agency 019 in the Arkansas Administrative Code corresponds to the Arkansas State Board of Public Accountancy (ASBPA). This agency regulates the practice of public accounting in the state, ensuring that Certified Public Accountants (CPAs) meet professional standards and qualifications.
Key Functions of Agency 019 – ASBPA:
Licensing & Certification:
Sets criteria for CPA licensure (education, exam, experience).
Issues and renews licenses for individuals and accounting firms.
Approves reciprocal licenses for out-of-state CPAs.
CPA Examination:
Adopts rules regarding the Uniform CPA Exam (administered by NASBA).
Establishes eligibility requirements for exam candidates.
Continuing Professional Education (CPE):
Mandates CPE requirements for license renewal.
Audits compliance and enforces penalties for noncompliance.
Regulation of Practice:
Enforces ethical and professional standards.
Investigates complaints and disciplines licensees for misconduct.
Firm Registration:
Requires accounting firms practicing in Arkansas to register.
Sets standards for firm ownership and peer review participation.
Notable Rule Sections Typically Found Under Agency 019:
Rules of Professional Conduct
Rules for CPA Exam and Licensure
Rules for CPE Reporting and Compliance
Disciplinary Procedures
Registration and Operation of Firms
Authority and Statutes:
The Board operates under the authority of the Arkansas Code Annotated § 17-12, which is the Public Accountancy Act of 1975. This law outlines the Board’s powers, definitions, and core responsibilities.
Useful Links:
ASBPA Official Website: https://www.asbpa.arkansas.gov
Rules & Regulations: Often posted in full or summarized on the ASBPA site or via the Arkansas Secretary of State’s rules database.
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