Section 12.04.185. Education defined for certified public accountant applicants.

	(a)  Repealed 2/2/94.  
	(b)  As used in AS 08.04.120, an accounting concentration consists of not less than  
		(1) 24 semester credit hours or 36 quarter credit hours in subjects such as  
			(A) accounting principles;  
			(B) intermediate accounting;  
			(C) income tax;  
			(D) cost accounting;  
			(E) auditing;  
			(F) advanced accounting;  
			(G) accounting theory;  
			(H) governmental accounting; or  
			(I) detection of fraud;  
		(2) three semester credit hours or five quarter credit hours of business law;  
		(3) three semester credit hours or five quarter credit hours of economics; and  
		(4) three semester credit hours or five quarter credit hours of  
			(A) statistics;  
			(B) computer science; or  
			(C) algebra, calculus, or mathematics.  
	(c)  Repealed 2/2/94.  
	(d)  Repealed 2/2/94.  
	(e)  As used in AS 08.04.120, "a college or university acceptable to the board" means  
		(1) the University of Alaska;  
		(2) a college or university accredited by a regional accrediting association that is recognized by the University of Alaska; or  
		(3) a foreign college or university whose degree program has been evaluated by an approved credentials evaluation service and determined to be equivalent to the degree program of an institution acceptable under (1) or (2) of this subsection; an approved credentials evaluation service is  
			(A) recognized by the University of Alaska; or  
			(B) the National Association of State Boards of Accounting (NASBA) International Evaluation Services (NIES).  
	(f)  For purposes of this section, when converting quarter hours to semester hours, the number of quarter hours is multiplied by 2/3 or 0.67.  

Authorities

08.04.070;08.04.120

Notes

Reference

12 AAC 04.175
12 AAC 04.187

Authority

AS 08.04.070 AS 08.04.120

History

Eff. 1/18/78, Register 64; am 11/9/85, Register 96; am 2/2/94, Register 129; am 5/4/96, Register 138; am 1/1/2008, Register 184; am 10/16/2011, Register 200; am 12/29/2013, Register 208; am 12/25/2015, Register 216