The license of “certified public accountant” shall be granted by the board to any person who satisfies the following requirements:
(1) Is no less than eighteen (18) years of age; (2) Is of good moral character;

Terms Used In Kentucky Statutes 325.261

  • Board: means the State Board of Accountancy. See Kentucky Statutes 325.220
  • Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • Firm: means a sole proprietorship, partnership, professional service corporation, or any other form of business organization that is authorized to operate under the laws of this Commonwealth, complies with the provisions of this chapter, and is issued a license to practice by the board or is exempt from having to obtain a license pursuant to KRS 325. See Kentucky Statutes 325.220
  • Foreign: when applied to a corporation, partnership, limited partnership, business trust, statutory trust, or limited liability company, includes all those incorporated or formed by authority of any other state. See Kentucky Statutes 446.010
  • License: means a license as a certified public accountant or a firm issued pursuant to this chapter. See Kentucky Statutes 325.220
  • Public accountant: means a public accountant issued a license to practice by the
    Commonwealth of Kentucky under the Public Accounting Act of 1946 as amended. See Kentucky Statutes 325.220
  • State: includes and means any state, territory, or insular possession of the United
    States, or the District of Columbia. See Kentucky Statutes 325.220
  • United States: includes territories, outlying possessions, and the District of
    Columbia. See Kentucky Statutes 446.010
  • Year: means calendar year. See Kentucky Statutes 446.010

(3) Has a baccalaureate degree or master’s degree conferred by a college or university recognized by the board with a major or concentration in accounting or its equivalent, as defined in administrative regulations promulgated by the board;
(4) Passes a board-approved examination in accounting, auditing, and other related subjects as the board deems appropriate. To be eligible to apply for the examination, a person shall first satisfy the requirement of subsections (1) to (3) of this section;
(5) Completes one hundred fifty (150) college semester hours that include a baccalaureate or masters degree conferred by a college or university recognized by the board with a major or concentration in accounting or its equivalent, as defined in administrative regulations promulgated by the board;
(6) Obtains one (1) year of accounting or attest experience while employed in an accounting or auditing position in public practice, industry, or government that shall be verified by a certified public accountant who, during the time being verified, held an active license to practice from any state. The one (1) year of experience required under this subsection shall be obtained:
(a) After the completion of the education requirements established in subsection
(3) of this section; and
(b) Within five (5) years from the date the candidate successfully completed the examination;
(7) At the time of applying for a license is a United States citizen, a citizen of a foreign country who is legally residing in the United States, or is an employee of a public accounting firm, company, or an institution of postsecondary education located outside the United States, but which has an office or campus located in the United States; and
(8) Submits a complete application for a license to practice as a certified public accountant in accordance with KRS 325.330.
Effective: June 24, 2015
History: Amended 2015 Ky. Acts ch. 107, sec. 2, effective June 24, 2015. — Amended
2010 Ky. Acts ch. 163, sec. 1, effective July 15, 2010. — Amended 2006 Ky. Acts ch.
33, sec. 1, effective July 12, 2006. — Amended 2002 Ky. Acts ch. 62, sec. 1, effective
July 15, 2002. — Amended 2000 Ky. Acts ch. 99, sec. 4, effective July 14, 2000. —
Amended 1996 Ky. Acts ch. 24, sec. 1, effective July 15, 1996. — Amended 1994
Ky. Acts ch. 248, sec. 4, effective July 15, 1994. — Amended 1990 Ky. Acts ch. 285,
sec. 2, effective July 13, 1990. — Amended 1984 Ky. Acts ch. 117, sec. 5, effective
July 13, 1984. — Amended 1978 Ky. Acts ch. 155, sec. 156, effective June 17, 1978.
— Amended 1976 Ky. Acts ch. 116, sec. 3. — Amended 1970 Ky. Acts ch. 120, sec.
15. — Created 1968 Ky. Acts ch. 143, sec. 4.