Practice Privilege Effective June 11, 2008 - Pursuant to Mich. Comp. Laws §339.727a, a CPA whose principal place of business is not in Michigan has all the privileges of a Michigan CPA and may practice public accountancy without the need to obtain a certificate, license or temporary practice permit if the individual:
- Holds a valid license as a CPA in a jurisdiction whose licensing requirements satisfy Michigan's practice privilege requirements. Click here to view a list of substantially equivalent jurisdictions; OR
- Has individual CPA qualifications that satisfy the following Michigan practice privilege requirements:
- Holds a valid license as a CPA from another U.S. jurisdiction;
- Has at least 150 semester hours of college education including a baccalaureate or higher degree conferred by a college or university;
- Achieves a passing grade on the uniform certified public accountant examination; and
- Possesses at least one (1) year of experience including providing any type of service or advice involving the use of accounting, attest, compilation, management advisory, financial advisory, tax, or consulting skills, all of which may be obtained through government, industry, academic, or public practice as verified by a licensee.
Please Note: Any individual who passed the Uniform CPA Exam and holds a valid license issued by another licensing jurisdiction prior to January 1, 2012, is exempt from the education requirement of 150 semester hours of college education including a baccalaureate or higher degree.
Consent to Jurisdiction (See generally Mich. Comp. Laws §339.734a) An individual exercising the practice privilege and the firm employing that individual simultaneously consent to all of the following as a condition of the exercise of that privilege: - The personal and subject matter jurisdiction and disciplinary authority of the Michigan State Board of Accountancy and the Department of Licensing and Regulatory Affairs;
- Compliance with Mich. Comp. Laws § 339.720 et seq. and applicable rules;
- In the event the license from the licensing jurisdiction of the individual's principal place of business is no longer valid, the individual will cease offering or rendering professional services in Michigan individually and on behalf of a firm; and
- The appointment of the state board or other licensing authority issuing the license as the agent upon whom process may be served in any action or proceeding by the Michigan Board against the individual or the firm employing that individual.
Firm Registration Requirements May Apply. (See generally Mich. Comp. Laws §339.728(4)-(5)) If an individual qualified to exercise practice privileges wishes to perform any type of service which they are permitted or authorized to perform in their home jurisdiction for an entity with its home office in Michigan, they must do so either: - Through a firm that has obtained a valid Michigan firm license if the firm has a location in Michigan; or
- Through a firm with practice privileges in Michigan.
To qualify for practice privileges, a firm must: - Meet the ownership and peer review requirements of Michigan; and
- Be authorized to perform the same services in the home jurisdiction of the person performing the services under individual practice privileges.
For mobility purposes, "CPA license" means a CPA license granted by the state board after all education, exam, and experience requirements have been met. A CPA performing services through mobility may only perform the same level of services (attest or non-attest) in the mobility jurisdiction as he or she is permitted to perform in the home jurisdiction. Please note the following if you are coming from one (1) of the jurisdictions listed: - An Alabama certificate holder may not hold out or practice as a CPA in a mobility jurisdiction.
- A Connecticut certificate holder may not hold out or practice as a CPA in a mobility jurisdiction.
- An Illinois certificate or registered certificate holder may not hold out or practice as a CPA in a mobility jurisdiction.
- Both a Hawaii CPA license and permit are required in order to hold out or practice as a CPA in a mobility jurisdiction.
- A Kansas certificate holder may not hold out or practice as a CPA in a mobility jurisdiction.
- Both a Nebraska CPA certificate and permit are required in order to hold out or practice as a CPA in a mobility jurisdiction.
- An Oklahoma registrant must hold an active permit In order to hold out or practice as a CPA in a mobility jurisdiction.
Click Practice Privilege in the menu bar at the top of this page for additional information. |
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