N.H. Admin. Code § Ac 303.05

Current through Register No. 50, December 12, 2024

Section Ac 303.05 - International Qualifications Examination (IQEX) Required

(a) Pursuant to RSA 309-B:7, X(c)(3), every applicant for certification as a CPA who hold licensure as a CPA, CA, CPC or other equivalent foreign designation holder in Canada, Ireland, Australia, New Zealand, Hong Kongor other foreign country shall take and pass, with a grade of 75 or above, each section of the International Qualifications Examination (IQEX) administered by NASBA.

(b) To sit for the IQEX, each Canadian CA shall:

(1) Have passed the Uniform Final Examination in Canada;

(2) Be a member in good standing with a Provincial CA Institute; and

(3) Not have qualified as a Canadian CA on the basis of recognition of credentials earned in any other country.

(c) To sit for the IQEX, each Irish CA shall:

(1) Meet the education and experience requirements of the Institute of CAs in Ireland;

(2) Have passed the Institute of Chartered Accountants Final Admitting Examination;

(3) Be a member in good standing with the Institute of Chartered Accountants in Ireland; and

(4) Not have qualified as an Irish CA on the basis of recognition of credentials earned in any other country.

(d) To sit for the IQEX, each Australian CA shall:

(1) Meet the education and experience requirements of the Institute of Chartered Accountants in Australia, including having completed their education program in Australia;

(2) Be a member in good standing with the Institute of Chartered Accountants in Australia;

(3) Not have qualified as an Australian CA on the basis of recognition of credentials earned in any other country.

(e) To sit for the IQEX, each Mexican CPC shall:

(1) Have qualified as CPC with the Mexican Direccion General de Profesiones de la Secretaria de Educacion Publica;

(2) Meet the education and experience requirements of the Instituto Mexicano de Contadores Publicos (ICMP);

(3) Be members in good standing with the ICMP;

(4) Have passed the Examen Uniforme de Certificacion de la Contaduria Publica in Mexico or have been a member in good standing of the ICMP as of September 27, 2002;

(5) Not have qualified as a CPC on the basis of recognition of credentials earned in any other country.

(f) To sit for the IQEX, each New Zealand CA shall:

(1) Meet the education and experience requirements of the New Zealand Institute of Chartered Accountants (NZICA) in New Zealand;

(2) Be members in good standing with the New Zealand Institute of Chartered Accountants; and

(3) Not have qualified as a CPC on the basis of recognition of credentials earned in any other country.

(g) To sit for the IQEX, each Hong Kong CPA shall:

(1) Be a member of the Hong Kong Institute of CPAS who qualified by completing the Qualification Programme (QP) in full;

(2) Meet the education requirements of the Hong Kong Institute of CPAs (HKICPA) in Hong Kong;

(3) Be members in good standing with the Hong Kong Institute of CPAs; and

(4) Not have qualified as a Hong Kong CPA on the basis of recognition of credentials earned in any other country.

(h) To sit for the IQEX, each other equivalent foreign designation holder shall meet the requirements established by NASBA;

(i) To arrange to sit for the examination, each applicant shall:

(1) Contact NASBA to:

a.Obtain IQEX application materials prepared by NASBA;

b.Obtain logistical information such as IQEX dates and locations; and

c.Determine the IQEX fee that is payable to NASBA;

(2) Complete the NASBA IQEX examination application process, including payment of the IQEX fee to NASBA; and

(3) Direct all communication regarding all aspects of the administration of the IQEX to NASBA, except that communications regarding conflicts between the applicant and NASBA that have not been resolved shall be directed to the board.

N.H. Admin. Code § Ac 303.05

#1972, eff 2-28-82; ss by #2475, eff 9-13-83; ss by #3061, eff 7-18-85, EXPIRED: 7-18-91

New. #5365, eff 3-27-92; ss by #6721, INTERIM, eff 3-27-98, EXPIRED: 7-25-98

New. #6903, eff 12-4-98 (from Ac 303.08), EXPIRED: 12-4-06

New. #8810, INTERIM, eff 1-25-07, EXPIRED: 7-25-07

New. #9051, eff 12-27-07; amd by #10054, eff 1-1-12

Amended by Volume XXXV Number 01, Filed January 8, 2015, Proposed by #10746, Effective 1/1/2015, Expires1/1/2025.