Section 12.04.200. Examination.

	(a)  The examination for certified public accountant consists of  
		(1) the computer-based Uniform Certified Public Accountant Examination; and  
		(2) an ethics course and open book ethics examination.  
	(b)  A score of at least 75 in each section of the Uniform Certified Public Accountant Examination is considered passing.  
	(c)  The ethics course and examination described in (a)(2) of this section is the self-study course, including its lesson reviews and examinations, titled Professional Ethics: The AICPA's Comprehensive Course, published by the American Institute of Certified Public Accountants (AICPA), and is graded on a pass or fail basis. The board will waive passage of this course and examination if the applicant documents passage of an ethics examination of another licensing jurisdiction that, in the determination of the board, is equivalent to the course and examination described in this subsection.  
	(d)  In the absence of exceptional circumstances, grades are those reported by the Advisory Grading Service of the American Institute of Certified Public Accountants.  
	(e)  An applicant may retake an examination in accordance with 12 AAC 04.235.  
	(f)  Repealed 2/2/94.  
	(g)  Except as provided in 12 AAC 04.205, an applicant  
		(1) may sit for each section of the Uniform Certified Public Accountant Examination individually;  
		(2) retains credit for any examination section passed for 18 months after the test date, without having to obtain a minimum score on failed sections and without regard to whether the applicant has taken other sections; and  
		(3) must pass all sections of the Uniform Certified Public Accountant Examination within an 18-month period.  
	(h)  If an applicant does not pass all sections of the Uniform Certified Public Accountant Examination in accordance with (g)(3) of this section, credit for any section passed outside of the 18-month period expires, and that section must be retaken.  
	(i)  The board will extend the period of credit for examination sections passes upon a showing, to the board's satisfaction, that the credit was lost due to circumstances beyond the applicant's control.  

Authorities

08.04.070;08.04.130

Notes

Reference

12 AAC 04.175
12 AAC 04.190
12 AAC 04.205
12 AAC 04.440

Authority

AS 08.04.070 AS 08.04.130 Editor's note: A copy of Professional Ethics: The AICPA's Comprehensive Course may be obtained from the American Institute of Certified Public Accountants, Order Department, 220 Leigh Farm Road, Durham, North Carolina 27707-8110, phone: [phone], or at the AICPA's Internet web site at www.aicpa.org.

History

Eff. 9/9/72, Register 43; am 2/10/78, Register 64; am 1/27/81, Register 76; am 5/28/81, Register 78; am 3/30/84, Register 89; am 2/2/94, Register 129; am 7/27/97, Register 143; am 3/24/2004, Register 169; am 1/1/2008, Register 184; am 12/25/2015, Register 216