Utah Code 58-26a-307. CPA emeritus status — Renewal of license
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(1) A person currently licensed as a certified public accountant may, on any renewal date of that license, apply for and obtain a transfer of that license to a status of CPA emeritus registration if:
Terms Used In Utah Code 58-26a-307
- Board: means the Utah Board of Accountancy created in Section 58-26a-201. See Utah Code 58-26a-102
- CPA: means an individual currently licensed by this state or any other state, district, or territory of the United States of America to practice public accountancy or who has been granted a license as a certified public accountant under prior law or this chapter. See Utah Code 58-26a-102
- Department: means the Department of Commerce. See Utah Code 58-1-102
- Division: means the Division of Professional Licensing created in Section
58-1-103 . See Utah Code 58-1-102 - Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Licensee: means the holder of a current valid license issued under this chapter. See Utah Code 58-26a-102
- Peer review: means a board approved study, appraisal, or review of one or more aspects of the attest and compilation services rendered by a licensee in the practice of public accounting, performed by a licensee holding an active license in this or another state who is not affiliated with the licensee being reviewed. See Utah Code 58-26a-102
- Person: means :(24)(a) an individual;(24)(b) an association;(24)(c) an institution;(24)(d) a corporation;(24)(e) a company;(24)(f) a trust;(24)(g) a limited liability company;(24)(h) a partnership;(24)(i) a political subdivision;(24)(j) a government office, department, division, bureau, or other body of government; and(24)(k) any other organization or entity. See Utah Code 68-3-12.5
- Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
(1)(a)(1)(a)(i) the licensee is at least 60 years of age as of the date of renewal;(1)(a)(ii) the licensee has a disability; or(1)(a)(iii) the board finds other good cause for believing that the licensee will not return to the practice of public accountancy;(1)(b) the licensee makes an application for transfer of status and registration and pays a registration fee determined by the department under Section63J-1-504 ;(1)(c) the licensee, on application for transfer, certifies that the licensee will not engage in the practice of public accountancy while in the status of CPA emeritus registration; and(1)(d) the licensee is in good standing as a CPA and not subject to any order of revocation, suspension, or probation.
(2) Each CPA emeritus registration shall be issued in accordance with a two-year renewal cycle established by rule.
(3) CPA emeritus registrants may not engage in the practice of public accountancy.
(4) CPA emeritus registrants are not required to fulfill the continuing professional education or peer review provisions of this chapter.
(5) Each CPA emeritus registrant is responsible for renewing the registration, according to procedures that the division establishes by rule in collaboration with the board in accordance with Section 58-1-308 .
(6) A CPA emeritus registrant may reinstate the CPA license by:
(6)(a) submitting an application in a form prescribed by the division;
(6)(b) paying a fee determined by the department under Section 63J-1-504 ; and
(6)(c) showing evidence of having completed the continuing professional education requirement established by rule.