OREGON BOARD OF ACCOUNTANCY 2017-2019 CPE …€¦ · Ethics CPE: Licensees that are renewing for the first time in Oregon must take an Oregon-specific ethics course from a sponsor

OREGON BOARD OF ACCOUNTANCY 2017-2019 CPE REPORTING PERIOD ENDS JUNE 30, 2018 INSTRUCTIONS FOR RENEWAL APPLICATION

Enclosed is your 2018-2020 Renewal Application. If you hold a current active status license, you will be required to report 80 hours of CPE including 4 hours of Ethics CPE. If you are currently an inactive licensee, you will be required to report 32 hours of CPE. If renewing for the first time in Oregon, you may have pro-rated CPE and are required to report at least 4 hours of Oregon-specific ethics from an Oregon approved sponsor. An electronic version of the renewal is posted on the Board’s website: www.oregon.gov/boa. All renewals must be received (by fax) or postmarked by the USPS or other commercial carrier on or before June 30, 2018 in order to avoid a late fee ($255-active; $50-inactive or $50-retired).

DO NOT E-MAIL YOUR RENEWAL APPLICATION

The Basics: Verify and/or update both residence and business addresses. If you have a new employer and/or residence address, you must report the change on your renewal. Please note that Board rule requires licensees to report any change in address or employment within 30-days. All licensees regardless of your licensing status (active, inactive, retired or voluntary license lapse) must review and answer all background questions on the renewal. If there are unanswered questions, your renewal will not be processed. If you have a reporting requirement under this section, please attach a thorough explanation of the event(s). (page 4)

Active licensees are required to report a minimum of 80 hours of CPE and report at least 24 hours of CPE each fiscal year* (July 1, 2016-June 30, 2017 and July 1, 2017 – June 30, 2018). Failure to do so will result in the assessment of a 16-hour CPE penalty. Any carry-forward hours you have may be used toward the penalty hours, however carry-forward hours cannot be used toward the 24 hour requirement. *New licensees or licensees who recently reinstated may have a pro-rated fiscal year requirement and/or total amount due.

If you recently reinstated your CPA or PA license or a municipal auditor license, any hours used to reinstate cannot be used for the CPE required for renewing your license(s).

All licensees regardless of your licensing status (active, inactive, retired or voluntary license lapse) must complete all employment questions on the renewal. If there are unanswered questions, your renewal will not be processed. If you are performing attest or compilation services in Oregon or for Oregon clients you are required to be employed in a firm that is registered in Oregon. If your circumstances do not fit into the categories listed, please explain under the “other” option. Failure to complete will delay your renewal application. (page 3)

Be sure to sign the renewal form. (page 1)

If renewing to inactive or retired status or if you choose to let your license lapse, you must also sign on page 4 of the renewal application. All licensees are required to complete the renewal application in its entirety regardless of the status they are renewing under.

CPE: Licensees must report all CPE taken between July 1, 2016 – June 30, 2018 in date order. If the course is self-study, you must also include the 6-digit NASBA registry number associated with the sponsor.

There are no limits on how much technical CPE a licensee can take, however, there is a 16 hour limit for all non-technical CPE courses. Non-Technical subjects include: interpersonal management skills, public relations, practice development, practice administration, marketing, personnel/HR and personal development. If more than 16 hours are reported, these hours will be deleted and may result in a 16-hour penalty if the deletion causes a shortage in total reported or a shortage in the 24 hour per fiscal year requirement.

New: Oregon now allows CPE courses to be taken in ½ credit increments without first having to obtain a full-credit. Licensees may simply take a 25 minute CPE course and report .5 hours on the CPE reporting section of the renewal. The course must be at least 25 minutes in length in order to qualify for .5 CPE credit. A full-credit course (1 CPE hour) must be at least 50 minutes in length to qualify. Only .5 and 1 hour increments are allowed.

http://www.oregon.gov/boa

Ethics CPE: Licensees that are renewing for the first time in Oregon must take an Oregon-specific ethics course from a sponsor that is registered with the Board office. Licensees NOT renewing for the first time in Oregon can take any ethics course. A list of the registered sponsors can be found on the Board’s website: http://www.oregon.gov/boa/Pages/ethics3.aspx Ethics required to obtain the initial license cannot be used toward the ethics required for renewal or toward the general CPE requirement.

Common Errors on Renewal Applications to Avoid:

Fees:

Application received without the fee or with an incorrect fee (see fee schedule below)

Failure to include payment of Municipal Auditor Fee (if applicable)

Checks payable to an incorrect payee (i.e. OSCPA, AICPA, DOR etc.)

Missing credit card information (i.e. amount, signature to authorize payment, expiration date or using a credit card other than Visa or MasterCard.

Address:

Failure to include both employer and residence address

Failure to provide a physical address when a PO Box is used

Failure to choose which address to be used for mailings

CPE:

Failure to use the correct CPE format – CPE can be reported using excel or similar program, however, it must be in the EXACT format provided by the Board on the renewal application.

Failure to submit the required number of CPE hours

Failure to provide the 6-digit NASBA Registry Number for self-study CPE

Reporting CPE taken outside the reporting period

Failure to take an Ethics Course

Failure for licensees renewing for the 1st time to take an Oregon-Specific Ethics course

Other:

Failure to complete all sections of the renewal form. Regardless of the status renewing to (active, inactive, voluntary lapse or retired) the entire renewal must be completed

Failure to complete practice information on page 3 of the renewal

Failure to sign the renewal (page 1 and page 5 if applicable)

Failure to disclose 100% of services being performed by licensee

Failure to answer all background questions and submit required documentation

Failure to complete the renewal as stated above may result in assessment of late fees, additional CPE required, significant delays in processing or the lapse of your CPA/PA license.

FEES: Active Status: $255 Inactive Status: $50 Active Late Fee: $255* Inactive Late Fee: $50* Retired Status: $50 Municipal Auditor: $150 Retired Late Fee: $50* Municipal Late Fee: $150* *Late fees will be assessed on all renewals that are received (by fax) or postmarked July 1, 2018 or later. Late fees cannot be waived.

Receipts for Payment – Receipts will not be provided between June 25 – July 13, 2018. If you would like the Board

to send a receipt for payment, please email [email protected] and a receipt will be sent by email as soon as possible. If you are interested in serving on one of the Board’s committees, please indicate so on page 1 of the renewal application.

http://www.oregon.gov/boa/Pages/ethics3.aspx

mailto:[email protected]

BOACC – Also known as the Complaints Committee, this committee provides technical assistance to Board staff in the investigation of complaints received by the Board. The committee reviews investigation reports and makes recommendations to the Board. This committee meets approximately 5 times per year in person at the Board office. Qualifications Committee (QC): This committee reviews experience requirements for individuals whose experience was gained in private industry or government settings. The committee reviews the experience as it relates to the seven core competencies and makes recommendations to the Board for approval or denial of an initial license. The QC meets approximately 5 times per year via conference call. Peer Review Oversight Committee (PROC): The committee oversees and monitors approved peer review programs. The committee also reviews peer review reports submitted by firms and monitors results and actions taken by the peer review programs. This committee meets approximately 5 times per year in person at the Board office. Laws and Rules Committee (LRC): This committee reviews current Board rules and statutes and makes recommendations to the Board. Helpful Links: Verify Self-Study course registry information: https://www.nasbaregistry.org/sponsor-list Oregon Administrative Rules: http://www.oregon.gov/boa/Pages/adminrules.aspx

https://www.nasbaregistry.org/sponsor-list

http://www.oregon.gov/boa/Pages/adminrules.aspx

Questions? Please contact: (503) 378-4181

Oregon Board of Accountancy 3218 Pringle Rd SE #110 Salem, OR 97302 • PH (503) 378-4181 • FAX (503) 378-3575 • http://oregon.gov/BOA

Renewal of CPA/PA License – Due Date: June 30, 2018

EVEN-Numbered Licensees Only

License #:

Muni #:

Carry Forward Hours:

Ethics Hours Required:

Prorated Hours:

Mailing Address Alternate Address

Please use space below to update contact information

Clerk: ________ Date Processed: SEQ #: Batch#: __________ Last 4

2018 CPA/PA PERMIT RENEWAL PG 1

Active $255 Inactive $50 Retired $50 Municipal $150

Check one box for official mailing address

Firm, Business or Employer:

Business Address:

Residence Address:

City State Zip

City State Zip

Email Address Alternate Email Address

Cell Phone: Home Number Website

Are you interested in serving on a Board Committee? Yes No

If you use a Tax Preparer’s Identification Number (PTIN), please provide the number:

I certify to the truth and accuracy of all statements, answers and representations made in this renewal application and

CPE report. This includes all supplementary statements. I also certify that all CPE programs listed contribute directly to

my professional competence as a licensee in the State of Oregon.

Signature

BOACC Qualifications (QC) Laws & Rules (LRC) Peer Review (PROC)

Date

Office Phone Website:

http://oregon.gov/BOA

kfast

Typewritten Text

Licensee Name


CONTINUING EDUCATION REPORT (List programs in chronological order) 3

TITLE OF PROGRAM SPONSOR DATE

Completed

*CPE TYPE

LIVE OR

SELF-

STUDY

NASBA Sponsor Registry #

Self-study only

HRS

1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

11.

12.

13.

14.

15.

16.

17.

18.

19.

20.

If you need additional space, attach a photocopy of this report with additional CPE programs. A computer generated form is acceptable only if it is produced in an identical format.

*CPE TYPE

Calculate total CPE hours claimed for each CPE Type Hours

T All qualifying Technical CPE programs not otherwise described

E Ethics (4 hours required each renewal period)

M Municipal Auditing (24 hours required for Municipal Auditors)

N Non-Technical (limited to 16 hrs-Active/ 8 hrs-Inactive) see pg.1 of instructions for definition of non-technical CPE categories

B Author of published books or articles, CPE Course instructor or discussion leader (may not exceed 50% of the total CPE requirement either separately or combined)

CPE Courses completed on or before June 30, but after the date you submit this renewal may be re-ported on the CPE report. If you are unable to attend or complete a course before June 30, or a course is cancelled, provide written notice to the Board describing the credits to be removed from your CPE report.

Calculate subtotals from this page and all attached pages

Total CPE hours from 7/01/16 – 6/30/17:*

Total CPE hours from 7/01/17 – 6/30/18:*

TOTAL:


HOURS *

* A MINIMUM of 24 hours must be obtained for each period


PRACTICE INFORMATION REQUIRED FOR ALL STATUSES

If none of the items describe your work,

please use “other” and explain Full-Time

Part-Time

Please indicate the types of engagements you performed from 7/1/2016—6/30/2018:

Public Accounting

Private Company / Industry (accountant/auditor) Attest* %

Private Company / Industry (no accounting) Reviews (AR-C-Sec 90) see below %

Government (accountant/auditor) Compilations (AR-C 21 Sec 80) see below %

Academia (professor/assistant only) Preparation Engagements (AR-C Section 70) see below %

Attorney Municipal Audits %

Unemployed Bookkeeping %

Retired Consulting %

Other (all non-accounting) Please describe: Tax %

If none of the above apply, please describe here. Financial Planning %

Other, Please describe: %

* Attest includes audit, review, forecasts and projections, agreed-upon proce-

dures, ERISA and examination of prospective financial statements.

TOTAL: 100%

4

If you performed attest, review or compilation services in Oregon or for Oregon from July 1, 2016—June 30, 2018, under which registered firm?


If you work full or part-time under a different business name, please provide the name and address of the businesses below (including any business that is not public accounting).

Check all engagement types you intend to perform in Oregon or for Oregon clients from 7/1/2018 - 6/30/2020:

Audits Agreed Upon Procedures ERISA Audits

Review Municipal Audits Compilations

YOU MUST COMPLETE THIS SECTION.

All authoritative pronouncements issued by the executive committees of the AICPA are codified in the AICPA Professional

Standards. The “Preparation of Financial Statements Standards”, “Compilation” and “Review” have been codified in AR-C

sections 70, 80 and 90.


CERTIFICATION (REQUIRED)

I certify to the truth and accuracy of all statements, answers and representations made in this renewal application and CPE report. This includes all supplementary statements. I also certify that all CPE pro-grams listed contribute directly to my professional competence as a licensee in the State of Oregon.

Please answer the following background questions regarding any jurisdiction by clearly marking your answers. Failure to answer all questions and sign at the bottom will result in an incomplete application.

1—Since the submission of your last renewal or reinstatement, have you ever been arrested, charged with

or convicted of any criminal offense (excluding non-criminal traffic violations)?

2— Since the submission of your last renewal or reinstatement, have you ever been party to any legal

proceedings related to professional services*?

If yes, did you previously report this information to the Board?


3— Since the submission of your last renewal or reinstatement, have you had any professional license

suspended, revoked, restricted, disciplined in any way or been the subject of any regulatory investigation or


4— Are you currently under investigation or do you have any pending actions by any regulatory agency?


5—Do you have any pending expulsions or have you been expelled from a professional society?


6—Since the submission of your last renewal or reinstatement, have you had any entity that issues a

professional certification, license or other credential initiate any regulatory action against you?


If you have not previously reported any of the above information to the Board you must provide the following documentation with this application:

Name of the regulatory agency, court or professional society;

Title of the matter;

Docket number if applicable;

Date of occurrence of the event;

Name of any legal representatives involved;

A statement of the facts;

Copies of relevant documents, including but not limited to, regulatory notice, civil complaint, criminal charging document or copies of legal documents indicating your compliance with any requirements imposed upon you; and

If a settlement was reached please provide the settlement agreement along with the final court order. Reporting requirements for the questions above are not limited to responses in this application. If you are reporting an ongo-ing matter you must also report to the Board within 45 days of the conclusion of any civil or regulatory matter and within 10 days of the conclusion of any criminal matter. OAR 801-030-0020(2).


Signature:

Yes No


TO APPLY OR RENEW AS RETIRED STATUS / $50.00 6

TO RENEW AS INACTIVE STATUS / $50.00 5

TO RENEW AS INACTIVE STATUS COMPLETE THIS SECTION and sign the certification on page 1:

I hereby apply for inactive status under ORS 673.220 and OAR 801-010-0120. I certify that:

I hold a license issued under ORS 673.150 or 673.100 which is not revoked or suspended;

I will not perform any attest, compilation or review services; I will not prepare any tax returns as a preparer;

I do not practice any other forms of public accountancy as defined in OAR 801-005-0010(39); I am not employed at a public accounting firm; I will use the word “inactive” if I use the CPA or PA designation, OAR 801-010-0120; and

I will not perform public accountancy services and will not seek employment at a public accounting firm unless and until my license is reinstated to active status by the Board pursuant to OAR 801-010-0130 and OAR 801-040-0090.

DO NOT INTEND TO RENEW (LAPSED STATUS), COMPLETE THIS SECTION and sign the certification on page 1:

Lapsed licensees are still under the jurisdiction of the Board.

I hereby apply for lapse status under OAR 801-005-0010(28). I certify that:

I hold a license issued under ORS 673.150 or 673.100 which is not revoked or suspended;

I will not perform any attest, reviews or compilation services;

I am not employed at a public accounting firm and will not seek employment at a public accounting firm until I hold an active permit;

I will not prepare any tax returns as a preparer.

I do not practice any other forms of public accountancy as defined in OAR 801-005-0010(39)

Licensees whose license is in lapsed status are not permitted to hold themselves out as a CPA or PA. Licensees who continue to practice with a lapsed license are subject to civil penalties up to $5,000 per violation and other forms of discipline by the Board for holding out as a CPA or PA and for practicing without a valid license. Lapsed licenses will expire after 3 renewal periods.

TO APPLY OR RENEW AS RETIRED STATUS COMPLETE THIS SECTION and sign the certification on page 1:

I hereby apply for retired status under ORS 673.220 and OAR 801-005-0010(47). I certify that: I hold a license issued under ORS 673.150 or 673.100 which is not revoked or suspended; I will not perform any attest, reviews or compilation services;

I am not employed at a public accounting firm; I will not prepare any tax returns as a preparer if I have been compensated in any manner for my services;

I do not practice any other forms of public accountancy as defined in OAR 801-005-0010(39) for direct or indirect compensation I will use the word “retired” if I sign any documents related to non-compensated services.

If you have not previously applied for retired status, please indicate how you qualify:

I have held an active license in good standing, to practice public accountancy in Oregon for a combined period of not less than 20 years _________ Number of Years or I have reached 65 years of age, ___ _________ Date of Birth

DO NOT INTEND TO RENEW / NO COST 7

Signature (must also sign certification on page 1) Date

Print Name


Print Name


Print Name



CREDIT/DEBIT CARD PAYMENT AUTHORIZATION FORM

~PAYMENT MUST ACCOMPANY PERMIT RENEWAL APPLICATION~

If paying by CHECK, make check payable to:

Oregon Board of Accountancy And mail renewal form and check to:

Oregon Board of Accountancy Unit 05

PO Box 4395 Portland, OR 97208

FOR YOUR PRIVACY AND PROTECTION, PLEASE DO NOT EMAIL THE RENEWAL APPLICATION WITH CREDIT CARD INFORMATION.

DO NOT SEPARATE THIS SHEET FROM YOUR APPLICATION FORM.

CARDHOLDER’S INFORMATION: (Please PRINT and provide ALL information.)

Cardholder’s Signature (unsigned Credit Card Payments will not be processed) Date

If paying by CREDIT CARD, you may mail or fax

to: Oregon Board of Accountancy

FAX: 503-378-3575

3218 Pringle Rd SE #110

Salem, OR 97302

City State Zip Code Daytime Phone Number

Charge Amount: Expiration Date:

Card Number:

Cardholder Billing Address:

Cardholder Name (as it appears on the card):

Street/ Apartment #

8

LATE fees must be included with applications postmarked JULY 1, 2018 OR LATER or received by FAX on or after July 1, 2018. The postmark must be provided by a USPS or other commercial mail delivery. Mailing date stamped by a private postage meter will not be accepted to establish timely renewal.

ACTIVE STATUS: $255* INACTIVE: $50 MUNICIPAL FEE: $150*

LATE ACTIVE FEE: $255* LATE INACTIVE FEE: $50 MUNICIPAL LATE FEE: $150*

RETIRED FEE: $50*

RETIRED LATE FEE: $50*


* Fees raised effective January 1, 2016

VISA OR MASTERCARD ONLY

DO NOT EMAIL YOUR RENEWAL APPLICATION WITH CREDIT CARD INFORMATION

Documents

OREGON BOARD OF ACCOUNTANCY 2017-2019 CPE …€¦ · Ethics CPE: Licensees that are renewing for the first time in Oregon must take an Oregon-specific ethics course from a sponsor