Mich. Admin. Code R. 338.5210

Current through Vol. 24-22, December 15, 2024
Section R. 338.5210 - License renewals; continuing education requirements; applicability; continuing education waiver; reciprocity

Rule 210.

(1) This part applies to applications for renewal of an accountancy license under sections 411 and 729 of the code, MCL 339.411 and 339.729. An applicant for renewal shall provide the required fee and a completed application on a form provided by the department. Both of the following standards apply:
(a) Under section 729(1) of the code, MCL 339.729, an applicant for renewal who is a nonresident licensee is considered to have met the requirements under this part if the applicant satisfies all the following requirements:
(i) Provides the required fee and a completed application on a form provided by the department.
(ii) The state in which the applicant's principal place of business is located requires continuing education for renewal of that state's accountancy license.
(iii) Meets the continuing education requirements of the state in which the applicant's principal place of business is located.
(b) If audited, the applicant shall provide a copy of the license that was renewed by the state in which the applicant's principal place of business is located.
(2) Submission of an application for renewal constitutes the applicant's certification of compliance with the requirements of this rule. Both of the following standards apply:
(a) An applicant shall keep documentation required by R 338.5215 as proof, as directed by the department, verifying satisfaction of the requirements under this rule for 4 years after the date of applying for license renewal.
(b) A licensee is subject to audit under this part and may have to provide the documentation as described by R 338.5215 on request of the department.
(3) An applicant must submit a request for a waiver of continuing education requirements to the department for the board's consideration not less than 30 days before the last regularly scheduled board meeting before the expiration date of the license.

Mich. Admin. Code R. 338.5210

1979 AC; 1986 AACS; 1996 AACS; 1998-2000 AACS; 2007 AACS; 2013 AACS; 2019 AACS; 2021 AACS; 2022 AACS; 2023 MR 20, Eff. 10/24/2023