EmR2113 Rule Text

Fiscal estimate:

These proposed emergency rules will not have a fiscal impact.

Effect on small business:

This proposed emergency rule does not have an economic impact on small businesses, as defined in s. 227.114 (1), Stats. The Department’s Regulatory Review Coordinator, Dan Hereth, may be contacted by calling [phone].

Agency contact person:

Kevyn Radcliffe, Administrative Rules Coordinator, Department of Safety and Professional Services, Division of Policy Development, P.O. Box 8366, Madison, Wisconsin 53708-8366; telephone [phone]; email at [e-mail].

Place where comments are to be submitted and deadline for submission:

Comments may be submitted to Kevyn Radcliffe, Administrative Rules Coordinator, Department of Safety and Professional Services, Division of Policy Development, P.O. Box 8366, Madison, Wisconsin 53708-8366, or by email to [e-mail]. Comments must be submitted by the date and time at which the public hearing on these emergency rules is conducted. Information as to the place, date, and time of the public hearing will be published on the Legislature’s website and in the Wisconsin Administrative Register.

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TEXT OF RULE

Section 1.   Accy 2.304 (2) to (4) are amended to read:

  Accy 2.304 (2) A Except as provided under sub. (5) or (6), a candidate shall retain credit for any section passed for 18 months. A candidate may retake a section once the grade for the previous attempt of the same section has been released.

  (3) A Except as provided under sub. (5) or (6), a candidate must pass all sections of the uniform certified public accountant examination within a rolling 18-month period that begins on the date that the first section is passed.

  (4) If Except as provided under sub. (5) or (6), if any section of the uniform certified public accountant examination 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.

Section 2.   Accy 2.304 (5) and (6) are created to read:

Accy 2.304 (5)  Credit for a passed section of the uniform certified public accountant examination with an expiration date under subs. (2) to (4) of March 16, 2020 or later shall be retained until at least December 31, 2021 and may be further extended at the discretion of the board.

(6) Credit for examination sections that expired on or after March 16, 2020 is hereby restored until at least December 31, 2021. This restoration of credit may be further extended at the discretion of the board.

Section 3. Effective date. The rules adopted in this order shall take effect upon publication in the official state newspaper, pursuant to s. 227.22 (2) (c), Stats.

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(END OF TEXT OF RULE)

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This Proposed Order of the Accounting Examining Board is approved for submission to the Governor.

Dated _________________     Agency __________________________________

            Chairperson

              Accounting Examining Board