Section 40-2-550 - Applicant qualificationsIn order to be eligible for licensing under this article as an accounting practitioner, an applicant may not hold another license granted under this chapter and must:
(1) not have any history of dishonest or felonious acts;(2) be a resident of this State or have a place of business in this State, or as an employee, be regularly employed in this State;(3) be at least eighteen years of age; and(4) meet these requirements:(a) pass an examination approved by the board, which is designed to test the applicant's basic knowledge of the subjects described in Section 40-2-510(1) and which may consist of parts of the examination administered to certified public accountant applicants or another examination as the board may prescribe; and(b)(i) have a bachelor's degree with a major in accounting from a college or university holding an accreditation from an accreditation body approved by the United States Department of Education; or(ii) have transcripts or a degree determined by the board to be substantially equivalent to the foregoing standards.(5) surrenders, if licensed and holds a current annual permit to practice in this State as a certified public accountant or public accountant, his license and permit to practice as a certified public accountant or public accountant upon being licensed as an accounting practitioner.Amended by 2022 S.C. Acts, Act No. 174 (SB 812),s 1, eff. 5/16/2022.2004 Act No. 289, Section 1; 2001 Act No. 92, Section 2; 1996 Act No. 453, Section 1.