| (1) |
The division shall issue each license and registration under this chapter in accordance with a two-year renewal cycle established by rule. The division may by rule extend or shorten a renewal cycle by as much as one year to stagger the renewal cycles it administers. |
Terms Used In Utah Code 58-26a-303
- Board: means the Utah Board of Accountancy created in Section 58-26a-201. See Utah Code 58-26a-102
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Licensee: means the holder of a current valid license issued under this chapter. See Utah Code 58-26a-102
- Peer review: means a board approved study, appraisal, or review of one or more aspects of the attest and compilation services rendered by a licensee in the practice of public accounting, performed by a licensee holding an active license in this or another state who is not affiliated with the licensee being reviewed. See Utah Code 58-26a-102
| (2) |
At the time of renewal a licensee shall show satisfactory evidence of each of the following renewal requirements:
| (a) |
completion of qualified continuing education as required under Section 58-26a-304; and |
| (b) |
successful completion of a peer review meeting the requirements established by rule by the division in collaboration with the board. |
|
| (3) |
Each license or registration automatically expires on the date shown on the license or registration unless it is renewed in accordance with Section 58-1-308. |
Enacted by Chapter 261, 2000 General Session
