Section 12 AAC 04.251 - Practice privilege(a) An individual who establishes a principal place of business in the state and holds a current CPA license in another state in good standing may practice public accounting in this state without a license for a period of 180 days. The individual is required to obtain a license by reciprocity under 12 AAC 04.165 not later than 180 days after establishing a principal place of business in the state.(b) The board may request that an applicant who engages in the practice of public accounting in the state under AS 08.04.420 verify that the applicant's (1) licensure in another state is in good standing;(2) principal place of business is located in the same state as licensure under (1) of this subsection; or(3) substantial equivalency qualifications required under 12 AAC 04.285 have been met.(c) An accountant who exercises the practice privilege granted under AS 08.04.420 shall follow the statutes and regulations of the state when practicing in the state and shall recognize the jurisdiction and disciplinary authority of the board and courts over the services provided by the accountant in the state.Eff. 4/12/2024, Register 250, July 2024Authority:AS 08.04.070
AS 08.04.240