Section 12.04.300. Hours of continuing education required.

	(a)  Except as provided in 12 AAC 04.430 and 12 AAC 04.440, an applicant for renewal of a license to practice as a certified public accountant must complete  
		(1) no less than 80 hours of approved continuing education within the two-year license period immediately before the renewal period; no more than 16 of the hours required in this paragraph may be from continuing education programs described in 12 AAC 04.360(5); and  
		(2) at least 20 hours of the minimum 80 hours of approved continuing education within each year of the two-year permit period immediately before the renewal period.  
	(b)  An applicant for renewal of a license to practice as a certified public accountant who meets the continuing education requirements of (a)(1) of this section but fails to meet the continuing education requirements of (a)(2) of this section shall complete eight hours of approved continuing education in addition to the hours required in (a) of this section. The applicant shall complete the additional eight hours of approved continuing education either before or within 180 days after the license is renewed. The additional eight hours may not be used to satisfy the continuing education requirements for subsequent license renewal. The board will renew the applicant's license only if the applicant signs a statement agreeing to comply with the requirements of this subsection within the time schedule authorized by the board under this subsection.  
	(c)  At least four hours of the minimum 80 hours of approved continuing education required in (a) of this section must cover ethics.  
	(d)  The continuing education requirements of this section do not apply to an individual who holds an inactive license under AS 08.04.410.  

Authorities

08.04.070;08.04.410;08.04.425

Notes

Reference

12 AAC 04.189
12 AAC 04.310
12 AAC 04.400
12 AAC 04.430
12 AAC 04.440

Authority

AS 08.04.070 AS 08.04.410 AS 08.04.425

History

Eff. 1/18/78, Register 64; am 4/7/95, Register 134; am 5/10/98, Register 146; am 7/25/2001, Register 159; am 4/16/2004, Register 170; am 1/1/2008, Register 184; am 12/25/2015, Register 216