South Carolina Code 40-2-550. Applicant qualifications
(1) not have any history of dishonest or felonious acts;
Terms Used In South Carolina Code 40-2-550
- Board: means the South Carolina Board of Accountancy. See South Carolina Code 40-2-20
- Department: means the Department of Labor, Licensing and Regulation. See South Carolina Code 40-2-20
- License: means authorization to practice as issued under this chapter. See South Carolina Code 40-2-20
- State: means any state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, the Commonwealth of the Northern Mariana Islands, and Guam; except that "this State" means the State of South Carolina. See South Carolina Code 40-2-20
- substantially equivalent: is a determination by the board or its designee that the education, examination, and experience requirements contained in the statutes and administrative rules of another jurisdiction are comparable to, or exceed the completion of, a baccalaureate or higher degree in an accounting concentration that includes one hundred fifty semester hours of education, at least one year of acceptable experience, and successful completion of the Uniform CPA Examination. See South Carolina Code 40-2-20
(2) be a resident of this State or have a place of business in this State, or as an employee, be regularly employed in this State;
(3) be at least eighteen years of age; and
(4) meet these requirements:
(a) pass an examination approved by the board, which is designed to test the applicant’s basic knowledge of the subjects described in § 40-2-510(1) and which may consist of parts of the examination administered to certified public accountant applicants or another examination as the board may prescribe; and
(b)(i) have a bachelor’s degree with a major in accounting from a college or university holding an accreditation from an accreditation body approved by the United States Department of Education; or
(ii) have transcripts or a degree determined by the board to be substantially equivalent to the foregoing standards.
(5) surrenders, if licensed and holds a current annual permit to practice in this State as a certified public accountant or public accountant, his license and permit to practice as a certified public accountant or public accountant upon being licensed as an accounting practitioner.