The Board proposes the rule amendment to clarify requirements for applicants seeking licensure by endorsement.

 

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION
Board of Accountancy

RULE NO: RULE TITLE
61H1-29.003: Experience for Licensure by Endorsement
PURPOSE AND EFFECT: The Board proposes the rule amendment to clarify requirements for applicants seeking licensure by endorsement.

SUMMARY: Requirements will be clarified in the rule for applicants seeking licensure by endorsement.

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COST: No Statement of Estimated Regulatory Cost was prepared.

Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.

SPECIFIC AUTHORITY: 473.304, 473.308 FS.
LAW IMPLEMENTED: 473.308 FS.
IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN THE FAW.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Veloria Kelly, Acting Division Director, Board of Accountancy/MQA, 240 NW 76th Dr., Suite A, Gainesville, Florida 32607

 

THE FULL TEXT OF THE PROPOSED RULE IS:

61H1-29.003 Experience for Licensure by Endorsement.

(1) Applicants for licensure by endorsement shall meet the requirements of Rules 61H1-27.001, 61H1-27.002, and 61H1-28.007, F.A.C.

(2) Any applicant seeking licensure by endorsement under Section 473.308(a), F.S., and having not been licensed in another state, shall have completed continuing education meeting the requirements of Rule 61H1-33.003, F.A.C., for the two (2) years immediately preceding the filing of the application.

(3)(1) Any applicant seeking licensure by endorsement under Section 473.308(3)(b), F.S., and having been licensed in another state, shall have meet the requirements of that section provided that, while licensed in another state, the applicant has completed whatever continuing education is required by that state to maintain an active license to practice public accounting in that state, so long as such requirements are equivalent to those required by Rule 61H1-33.003, F.A.C., to maintain an active license in Florida for the two (2) years immediately preceding the filing of the application.

(4)(2) Any applicant seeking licensure by endorsement under Section 473.308(4), F.S., Experience used to meet the requirements of Section 473.308(4), F.S., must have experience that includes at least five years experience in the practice of public accounting while licensed as a Certified Public Accountant or Chartered Accountant in the practice of public accounting or as an auditor or accountant in a unit of federal, state, or local government provided that the position meets the activity and supervision requirements set forth in Section 473.308(4), F.S.

(5) College courses used to meet education requirements of Rules 61H1-27.001 and 61H1-27.002, F.A.C., cannot also be used to meet the initial continuing professional education requirements of subsection (2) or (3) above.

Specific Authority 473.304, 473.306, 473.308 FS. Law Implemented 473.308 FS. History–New 4-2-88, Amended 6-12-88, Formerly 21A-29.003, Amended 2-12-98, 5-19-03, 1-31-05, ________.

 

NAME OF PERSON ORIGINATING PROPOSED RULE: Board of Accountancy

NAME OF SUPERVISOR OR PERSON WHO APPROVED THE PROPOSED RULE: Board of Accountancy

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: December 8, 2006

DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAW: October 13, 2006