Laws, Rules, and Code of Professional Conduct

Accountancy Law – Complete Set
Board Rules – Complete Set
Declaratory Order Medical Marijuana – 8/18/2017
Proposed Rule Changes

Accountancy Laws

Current Statutes
Arkansas Code of 1987
Title 17: Professions, Occupations and Businesses
Subtitle 2: Nonmedical Professions
Chapter 12: Accountants

Subchapter 1. General Provisions

17-12-101. Title.
17-12-102. Purpose.
17-12-103. Definitions.
17-12-104. Penalty.
17-12-105. Injunctions.
17-12-106. Unlawful acts.
17-12-107. Permissible acts.
17-12-108. CPA construed.
17-12-109. Accountants’ working papers.
17-12-110. [Repealed.]
17-12-111. Evidence.
17-12-112. [Repealed.]

Subchapter 2. Arkansas State Board Of Public Accountancy

17-12-201. Creation – Members.
17-12-202. Officers and proceedings.
17-12-203. Duties and powers.
17-12-204. Disposition of funds – Reports.

Subchapter 3. Initial Licensure

17-12-301. Requirements generally.
17-12-302. Education requirements.
17-12-303. Criminal background check.
17-12-304. Examination – Times – Resource assistance.
17-12-305. Reexaminations.
17-12-306. Examination fees.
17-12-307. Credit for examination administered by licensing authority in another jurisdiction.
17-12-308. Reciprocity.
17-12-309. Experience.
17-12-310. Certificates held under prior law.
17-12-311. Substantial equivalency.
17-12-312. Licensing of public accountants.
17-12-313. Time for initial license.

Subchapter 4. Registration Of Firms

17-12-401. Professional partnerships, corporations, and limited liability companies of certified public accountants.
17-12-402. Professional partnerships, corporations, and limited liability companies of public accountants.
17-12-403. Offices.
17-12-404. Licensees associated with unregistered firms.
17-12-405. [Repealed.]
17-12-406. [Repealed.]

Subchapter 5. License Renewal

17-12-501. Renewal of license.
17-12-502. Continuing education requirement.
17-12-503. [Repealed.]
17-12-504. Renewals and renewal fees.
17-12-505. Inactive status.
17-12-506. [Repealed.]
17-12-507. Quality review of each practice unit.
17-12-508. Peer review.

Subchapter 6. Revocation and Suspension

17-12-601. Grounds generally.
17-12-602. Sanctions.
17-12-603. Procedure.
17-12-604. Reinstatement.

Subchapter 7. Liability Of Accountants

17-12-701. Applicability.
17-12-702. No liability to persons not in privity – Exceptions.

Board Rules

Complete Set of Board Rules

Rule 1 – Definitions
Rule 2 – Board Rules and Meetings
Rule 3 – Examinations
Rule 4 – Repealed
Rule 5 – Foreign Accountants
Rule 6 – Practice Under Substantial Equivalency
Rule 7 – Ownership of Firms
Rule 8 – Professional Standards
Rule 9 – Communications, Change of Address or Business Affiliation
Rule 10 – Registration
Rule 11 – Hearings Before Board-Notice-Procedure-Review
Rule 12 – Fees
Rule 13 – Continuing Education
Rule 14 – Quality Review
Rule 15 – Safe Harbor Language
Rule 16 – Experience Required
Rule 17 – Investigation Costs
Rule 18 – Declaratory Orders
Rule 19 – Licensure For Active Duty Service Members, Returning Military Veterans, and Spouses
Rule 20 – Peer Review Program
Rule 21 – Prelicensure Criminal Background Petition

Code Of Professional Conduct

Code of Professional Conduct