(2) Renewal after 5 years. An individual certified public accountant who files an application for renewal of a license 5 years or more after the renewal date may renew his or her license by filing with the board all of the following:
(a) An application for renewal on a form prescribed by the department.
(b) The fee determined by the department under s. 440.03 (9) (a), Stats., and the applicable late renewal fee specified in s. 440.08 (3) (a), Stats.
(c) Verification of successful completion of examinations specified in s. Accy 2.301 or education specified in s. Accy 2.202 or both as may be prescribed by the board.
(3) Reinstatement. (a) Notwithstanding the board's authority under s. 442.12 (1) (g), Stats., to grant a hearing pursuant to an application in writing and notice, an individual certified public accountant who has a license with unmet disciplinary requirements and who has failed to renew the license within 5 years after the renewal date, or an individual whose license has been surrendered or revoked, may apply for reinstatement of his or her license. The request shall be in writing and be accompanied by all of the following:
1. The materials and fee specified in sub. (2) (a) to (c).
2. Evidence of completion of disciplinary requirements, if applicable.
3. Evidence of rehabilitation or change in circumstances warranting reinstatement of the credential.
(b) The board shall grant reinstatement of a license following an application for reinstatement under par. (a) if the board determines the individual has satisfied the requirements under par. (a) 1. to 3. and the board determines reinstatement is warranted.
217,36
Section
36. Chapter Accy 3 (title) of the administrative code is repealed and recreated to read:
chapter accy 3
endorsement
217,37
Section
37. Subchapter I (title) of chapter Accy 3 [precedes Accy 3.001] of the administrative code is created to read:
chapter accy 3
subchapter i
authority and definitions
217,38
Section
38. Accy 3.01 of the administrative code is repealed.
217,39
Section
39. Accy 3.02 of the administrative code is renumbered Accy 2.301 and amended to read:
Accy 2.301 Examination. A candidate for a certified public accountant certificate shall successfully pass the certified public accountant examination set forth in s. Accy 3.03 2.302 and the professional ethics examination set forth in s. Accy 3.10 2.306.
217,40
Section
40. Accy 3.03 of the administrative code is renumbered Accy 2.302, and Accy 2.302 (1), as renumbered, is amended to read:
Accy 2.302 (1) The subjects covering the discipline of accounting in the certified public accountant examination shall be as provided in the 4 sections of the
by the board of examiners of the American institute of certified public accountants uniform certified public accountant examination Institute of Certified Public Accountants Uniform Certified Public Accountant Examination. The passing grade on each section is 75 or higher.
217,41
Section
41. Accy 3.03 (1) (Note) of the administrative code is repealed.
217,42
Section
42. Accy 3.04 of the administrative code is renumbered Accy 2.303 and amended to read:
Accy 2.303 Education required for examination. A candidate for the certified public accountant examination must possess a bachelor's or higher degree with a resident major in accounting, as defined in s. Accy 7.02 (3), or the reasonable equivalence of a resident major in accounting, as defined in s. Accy 7.03 (1), or reasonably expect to receive a degree with a resident major in accounting or its reasonable equivalence within 45 days following the date of examination complete 120 semester hours of education, including courses covering each of the subjects and the semester hours specified in s. Accy 2.202 (1) and (2).
217,43
Section
43. Accy 3.05 (title) and (1) (intro.) and (a) of the administrative code are renumbered Accy 2.101 (title), (intro.) and (1), and Accy 2.101 (title) and (intro.), as renumbered, are amended to read:
Accy 2.101 (title) Examination application Application. (intro.) A candidate for the certified public accountant examination applying for a certificate as a certified public accountant shall apply on an application form provided by the board and file the application in the board office no later than 60 days prior to the examination date. The application shall be supported by all of the following:
217,44
Section
44. Accy 3.05 (1) (b) (intro.) and 1. of the administrative code are consolidated, renumbered Accy 2.101 (2) and amended to read:
Accy 2.101 (2) Proof of fulfilling the educational requirements specified in s. Accy 2.202 and s. 442.04 (5), Stats., by submitting either: 1. Certified
certified copies of transcripts for all academic work completed at an institution, as defined in s. 442.04 (5) (a), Stats., at least one of which must reflect the award of a bachelor's or higher degree, if the candidate has graduated prior to filing the application and the completion of 150 semester hours, including in courses covering each of the subjects and the semester hours specified in s. Accy 2.202 (1) and (2).
217,45
Section
45. Accy 3.05 (1) (b) 2. and 3. and (c), (2) and (3) of the administrative code are repealed.
217,46
Section
46. Accy 3.05 (3) (Note) of the administrative code is repealed.
217,47
Section
47. Accy 3.055 of the administrative code is repealed.
217,48
Section
48. Accy 3.06 of the administrative code is renumbered Accy 2.304, and Accy 2.304 (title), (1), (3) and (4), as renumbered, are amended to read:
Accy 2.304 (title) Examination Candidates for examination. (1) A candidate shall be allowed to sit for each section of the uniform certified public accountant examination individually and in any order.
(3) A candidate must pass all 4 sections of the uniform certified public accountant examination within a rolling 18-month period which that begins on the date that the first section is passed.
(4) If all 4 sections any section of the uniform certified public accountant examination are is not passed within the rolling 18-month period, credit for any section passed outside the 18-month period shall expire and that section shall be retaken.
217,49
Section
49. Accy 3.07 of the administrative code is repealed.
217,50
Section
50. Accy 3.08 of the administrative code is repealed.
217,51
Section
51. Accy 3.09 of the administrative code is renumbered Accy 2.305, and Accy 2.305 (1) (intro.), (a) to (d), (2) and (4), as renumbered, are amended to read:
Accy 2.305 (1) (intro.) Cheating on the certified public accountant examination is a serious breach of integrity and indicates a lack of good professional character. Cheating on an examination includes, but is not limited to any of the following:
(a) Communications concerning an examination being written taken between candidates inside or outside of the examination room, or copying another's answers.
(b) Communications concerning an examination being written taken with accomplices outside of the examination room.
(c) Substitution by a candidate of another person to sit in the examination room for the candidate and write take one or more of the examination questions
or papers for the candidate.
(d) Reference to "crib notes," test books, electronic media, or other materials, other than those provided to the candidate as part of the examination, inside or outside of the examination room during periods examinations are being written taken.
(2) Penalties imposed by the board for cheating on the examination shall be related to the seriousness of the offense. Cheating which that was planned in advance is the most serious offense. Penalties may include the entering of a failing grade on all sections written
taken for the examinations in which cheating occurred and suspension of the right to write take the next scheduled examination after the examination in which cheating occurred or to the entering of a failing grade on all sections written for the examinations in which cheating occurred and suspension of the right to write for as many as the next 6 scheduled examinations after the examination in which cheating occurred. Time within which conditional credit previously earned for passing part of the examination may be extended by board action in situations where penalties are levied, and by as long as the period of suspension.
(4) Other jurisdictions to which a candidate may apply to write take the certified public accountant examination during a period of suspension of the right to write take the examination shall be notified of the penalty levied in Wisconsin.
217,52
Section
52. Accy 3.10 of the administrative code is renumbered Accy 2.306.
217,53
Section
53. Subchapter II (title) of chapter Accy 3 [precedes Accy 3.101] of the administrative code is created to read:
chapter accy 3
subchapter II
certification by endorsement
217,54
Section
54. Accy 3.11 of the administrative code is renumbered Accy 2.307, and Accy 2.307 (1), as renumbered, is amended to read:
Accy 2.307 (1) Applicants
An applicant for the certified public accountant examination may request a review of their examination papers from the American Institute of certified public accountants advisory grading service his or her examination from the National Association of State Boards of Accountancy.
217,55
Section
55. Subchapter III (title) of chapter Accy 3 [precedes Accy 3.201] of the administrative code is created to read:
chapter accy 3
subchapter IIi
foreign endorsement candidates
217,56
Section
56. Chapter Accy 4 (title) of the administrative code is repealed and recreated to read:
chapter accy 4
enforcement
217,57
Section
57. Subchapter I of chapter Accy 4 [precedes Accy 4.001] of the administrative code is created to read:
chapter accy 4
subchapter i
authority
Accy 4.001 Authority. The rules in this chapter are adopted pursuant to the authority in ss. 15.08 (5) (b), 227.11 (2) and 442.12, Stats.
217,58
Section
58. Accy 4.01 of the administrative code is renumbered Accy 5.301.
217,59
Section
59. Accy 4.02 of the administrative code is renumbered Accy 5.101 and amended to read:
Accy 5.101 Firm license. A firm shall meet the ownership requirements of s. 442.08 (2) (c) 2., Stats., and be licensed as a certified public accountant if any member of the firm practices as a certified public accountant in Wisconsin other than on a temporary basis as described in s. 442.025 (4), Stats. An individual licensed as a CPA may only provide attest services, as defined in s. 442.001 (1), Stats., in a CPA firm that has a firm license.
217,60
Section
60. Accy 4.03 of the administrative code is renumbered Accy 5.201.
217,61
Section
61. Accy 4.035 of the administrative code is repealed.
217,62
Section
62. Accy 4.037 of the administrative code is renumbered Accy 5.102, and Accy 5.102 (3) (d), as renumbered, is amended to read:
Accy 5.102 (3) (d) That the applicant has satisfied the peer review requirements in s. 442.087, Stats., and ch. Accy 9 6.
217,63
Section
63. Accy 4.04 of the administrative code is renumbered Accy 5.302 and amended to read:
Accy 5.302 Firms without office in this state. Firms without a bona fide office in this state, as described in s. Accy 4.06 5.303 (2), may be licensed if there is a licensed Wisconsin certified public accountant designated as the individual responsible for the firm's compliance with ch. 442, Stats., for the Wisconsin engagement or engagements.
217,64
Section
64. Accy 4.05 of the administrative code is renumbered Accy 5.103.
217,65
Section
65. Accy 4.06 of the administrative code is renumbered Accy 5.303.
217,66
Section
66. Accy 4.07 (title) of the administrative code is renumbered Accy 5.401 (title) and amended to read:
Accy 5.401 (title) Change in
member members of a firm.
217,67
Section
67. Accy 4.07 (1) of the administrative code is renumbered Accy 5.401 (1) (intro.) and amended to read:
Accy 5.401 (1) (intro.) The board is to shall be notified by the firm in writing of changes in the
member members of the firm or firm name or any of the following no later than 30 days after the change.:
217,68
Section
68. Accy 4.07 (2) of the administrative code is renumbered 5.401 (3).
217,69
Section
69. Subchapter II of chapter Accy 4 [precedes Accy 4.101] of the administrative code is created to read:
chapter accy 4
subchapter iI
discipline
Accy 4.101 Grounds for discipline. Grounds for discipline include all of the following:
(1) Engaging in dishonesty, fraud, or deceit in obtaining a certificate or license, including submitting to the board any evidence known to be false or forged in, or in support of, an application for a certificate or license or cheating on an examination.
(2) Knowingly making misleading, deceptive, or untrue representations in the performance of services.
(3) Using the CPA title or providing attest services in this state without a certificate or license or without properly qualifying to practice across state lines.
(4) Using or attempting to use a certificate or license that has been suspended or revoked.
