21 NCAC 08J .0105          inactive status: change of status

(a)  A CPA may apply to the Board for change of status to inactive status provided the CPA meets the description of inactive status as defined in 21 NCAC 08A .0301. Application for any status change shall be made on the form provided by the Board.

(b)  A CPA who does not meet the definition of inactive may not remain on inactive status.

(c)  A CPA on inactive status may change to active status by:

(1)           paying the certificate renewal fee for the license year in which the application for change of status is received;

(2)           furnishing the Board with evidence of satisfactory completion of 40 hours of CPE courses during the 12-month period immediately preceding the application for change of status. Eight of the required hours shall be credits derived from a course or examination in North Carolina accountancy statutes and rules (including the Code of Professional Ethics and Conduct as set forth in 21 NCAC 08N contained therein) as set forth in 21 NCAC 08F .0504; and

(3)           submitting three certificates of good moral character and completed by CPAs.


History Note:        Authority G.S. 93-12(3); 93‑12(8); 93‑12(8b);

Eff. December 1, 1982;

Curative Adopted Eff. January 25, 1983;

Legislative Objection Lodged Eff. January 31, 1983;

Amended Eff. January 1, 2014; February 1, 2012; February 1, 2011; August 1, 1998; August 1, 1995; April 1, 1994; March 1, 1990; May 1, 1989;

Readopted Eff. February 1, 2016.