061-3 Wyo. Code R. § 3-4

Current through April 27, 2019

Section 3-4 - Inactive Status

(a) Persons holding a certificate issued under W.S. 33-3-109 or W.S. 33-3-116 but who do not practice public accounting in Wyoming and have not lost the right to active status shall place the certificate on an inactive status.

(b) A certificate holder who is no longer actively engaged in the practice of accounting in Wyoming shall place the certificate on inactive status by submitting a written application to the board. The request may be submitted when the holder no longer provides services or with the annual renewal application. The written request shall certify the holder is not actively engaged in the practice of accounting in Wyoming and provide the following information:

(i) Place of employment;

(ii) Name of supervisor or manager, if applicable;

(iii) Occupational information regarding services provided in Wyoming or job duties; and

(iv) Reason for the request to place the certificate on inactive status.

(c) A certificate holder who maintains the certificate on inactive status may assume or use the title "Certified Public Accountant, Inactive" or "CPA, Inactive" if:

(i) The assumption or use of the designation is not incident to the practice of public accounting as defined in W.S. W.S. 33-3-109(c);

(ii) The certificate has not been revoked or suspended by any jurisdiction for any reason except non-payment of fees; and

(iii) The certificate holder pays an annual fee as set forth in chapter 1, section 12 of the rules.

(d) A holder who maintains the certificate on an inactive status shall not be subject to CPE requirements.

(e) An inactive certificate holder may activate the certificate by providing:

(i) An application in a form provided by the board;

(ii) Documentation of compliance with the CPE requirements set forth in chapter 5 of the rules; and

(iii) Payment of additional fees equal to the difference between the fee paid for the inactive status and the fee required to maintain active status; and

(iv) Documentation of lawful presence in the United States.

(f) Nothing in this section shall prohibit an inactive CPA from offering uncompensated accounting services that could be performed by a non-CPA.

(g) A holder who maintains the certificate on inactive status and wishes to provide services as defined in W.S. 33-3-109(c) in Wyoming for compensation shall submit a complete application to activate the certificate as set forth in subsection (e) above prior to providing accounting services in Wyoming.

061-3 Wyo. Code R. § 3-4

Amended, Eff. 3/20/2018.