Practice Privilege. An individual whose principal place of business is not in this state and who holds a valid certificate or license as a Certified Public Accountant or Public Accountant from any jurisdiction which the Oklahoma Accountancy Board’s designee has verified to be in substantial equivalence to the certified public accountant and public accountant licensure requirements of the AICPA/NASBA Uniform Accountancy Act shall be presumed to have qualifications substantially equivalent to Oklahoma’s requirements and shall have all the privileges of certificate and license holders of this state without the need to obtain a certificate, license or permit required under Oklahoma requirements. An individual who offers or renders professional services, whether in person or by mail, telephone or electronic means, under this section shall be granted practice privileges in this state and no notice, fee or submission shall be provided by any such individual. Oklahoma previously offered practice privileges on a "quid pro quo" status with the CPA's home jurisdiction. However, the Oklahoma legislature passed HB1779 providing practice privileges to qualified CPAs with no notice or fee requirements. HB1779 was signed by the Governor on April 14, 2009, and went into effect immediately. Additional information about practice privileges can also be found at 10 Okla. Stat. § 15.12A. Firm Mobility Firms may offer or render attest services in Oklahoma without registering with the board if: The firm has not established an office in Oklahoma; The firm is actively licensed in good standing in the home jurisdiction; The firm maintains Peer Review Requirements; and The firm is using CPAs recognized in Oklahoma as operating under individual mobility. “Attest” means providing the following services: a. any audit or other engagement to be performed in accordance with the Statements on Auditing Standards (SAS), b. any review of a financial statement to be performed in accordance with the Statements on Standards for Accounting and Review Services (SSARS), c. any examination of prospective financial information to be performed in accordance with the Statements on Standards for Attestation Engagements (SSAE), d. any engagement to be performed in accordance with the Auditing Standards of the Public Company Accounting Oversight Board (PCAOB), and e. any engagements, review, or agreed upon procedures engagement to be performed in accordance with the SSAE, other than the exceptions described in subparagraph c of paragraph 34 of section 1 of the Oklahoma Accountancy Act. An individual offering or rendering professional accounting services to Oklahoma clients from a website or any electronic means shall disclose, via any such website or electronic means, the individual's principal jurisdiction of licensure, license number and an address as a means for regulators and the public to contact the individual regarding complaints, questions or regulatory compliance. A firm offering or rendering such services must provide on the website's home page or by electronic medium, a name, an address and the principal jurisdiction of licensure. Consent to Jurisdiction A CPA of another state exercising practice privileges in Oklahoma and the firm which employs the CPA simultaneously consent, as a condition to the exercising of this privilege, to the following: The personal and subject matter jurisdiction and disciplinary authority of this Board. Compliance with the provisions of the Oklahoma Accountancy Act and the rules and regulations adopted by the Board. In the event the certificate from the state of the individual's principal place of business is no longer valid, the individual shall cease offering or rendering professional services in Oklahoma individually and on behalf of the CPA firm. The appointment of the board of accountancy which issued the individual or firm license as the agent upon whom process may be served in any action or proceeding by this Board against the licensee.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 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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