Wis. Admin. Code Accounting Examining Board Accy 2.501 - Requirements for renewal and reinstatement of individual licenses
(1) RENEWAL BEFORE 5 YEARS. An individual
certified public accountant who files an application for renewal of a license
within 5 years after the renewal date may renew his or her license by filing
with the board all of the following:
(a) An
application for renewal on a form prescribed by the department that includes
the applicant's representation under penalties of perjury that, during the
2-year period immediately preceding the date of application, the applicant has
completed at least 80 continuing professional development credits meeting the
requirements under s. Accy 2.602.
(b) The fee determined by the department
under s. 440.03(9) (a), Stats., and the applicable late renewal fee specified
in s. 440.08(3) (a), Stats.
(2) RENEWAL AFTER 5 YEARS. An individual
certified public accountant who files an application for renewal of a license 5
years or more after the renewal date may renew his or her license by filing
with the board all of the following:
(a) An
application for renewal on a form prescribed by the department that includes
the applicant's representation under penalties of perjury that, during the
one-year period immediately preceding the date of application, the applicant
has completed at least 120 continuing professional development credits meeting
the requirements under s. Accy 2.602.
(b) The fee determined by the department
under s. 440.03(9) (a), Stats., and the applicable late renewal fee specified
in s. 440.08(3) (a), Stats.
(c)
Verification of successful completion of examinations specified in s. Accy 2.301 or education specified in s. Accy 2.202 or both as may be prescribed by
the board.
(3)
REINSTATEMENT.
(a) Notwithstanding the board's
authority under s. 442.12(1) (g), Stats., to grant a hearing pursuant to an
application in writing and notice, an individual certified public accountant
who has a license with unmet disciplinary requirements and who has failed to
renew the license within 5 years after the renewal date, or an individual whose
license has been surrendered or revoked, may apply for reinstatement of his or
her license. The request shall be in writing and be accompanied by all of the
following:
1. The materials and fee specified
in sub. (2) (a) to (c).
2. Evidence
of completion of disciplinary requirements, if applicable.
3. Evidence of rehabilitation or change in
circumstances warranting reinstatement of the credential.
(b) The board shall grant reinstatement of a
license following an application for reinstatement under par. (a) if the board
determines the individual has satisfied the requirements under par. (a) 1. to
3. and the board determines reinstatement is warranted.
Notes
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