2005 Arizona Revised Statutes - Revised Statutes §32-725  Limited reciprocity; qualifications; incidental practice

A. The board may grant permission of limited reciprocity to an applicant whose principal place of business is not in this state and who holds either:

1. A valid certificate or license as a certified public accountant issued by any state or foreign country with licensure requirements for certified public accountants that the board has verified to be substantially equivalent to the requirements for licensure as a certified public accountant in this state. That individual is considered to have qualifications that are substantially equivalent to the requirements prescribed pursuant to this chapter, as provided by section 32-726, and has all of the privileges of certificate holders and licensees in this state without obtaining a certificate or permit under this chapter. To obtain limited reciprocity under this paragraph, the individual must:

(a) Notify the board of the intent to enter this state for purposes of this section.

(b) Affirm to the board by affidavit that the applicant is in good standing in each state in which the applicant holds a certificate or license.

(c) Designate an address in this state for the service of process.

(d) Pay an application fee in an amount prescribed pursuant to section 32-729, subsection B.

2. A valid certificate or license as a certified public accountant issued by any state or foreign country with licensure requirements for certified public accountants that the board has not verified to be substantially equivalent to the requirement for licensure as a certified public accountant in this state. That individual is considered to have qualifications that are substantially equivalent to the requirements prescribed pursuant to this chapter, as provided by section 32-726, and has all of the privileges of certificate holders and licensees in this state without obtaining a certificate or permit under this chapter. To obtain limited reciprocity under this paragraph, the individual must:

(a) Notify the board of the intent to enter this state for purposes of this section.

(b) Submit to the board an affidavit on a form provided by the board affirming that the applicant:

(i) Possesses qualifications that are considered to be substantially equivalent to the requirement for licensure as a certified public accountant in this state.

(ii) Is in good standing in each state in which the applicant holds a license or certificate.

(c) Designate an address in this state for the service of process.

(d) Pay an application fee in an amount prescribed pursuant to section 32-729, subsection B and section 32-730, subsection A.

B. The privileges extended under this section permit the individual to practice as a certified public accountant in this state for not more than twelve consecutive months. On written application, the board in its discretion may extend the certificate for an additional six months. Each application for extension must include an application fee in an amount prescribed pursuant to section 32-729, subsection B.

C. As a condition of exercising the privileges provided by this section, a licensee or registrant of another state who exercises the privileges provided by this section agrees and consents, as a registrant for purposes of limited reciprocity, to:

1. Comply with this chapter and rules adopted pursuant to this chapter.

2. The personal and subject matter jurisdiction and disciplinary authority of the board.

3. Accept service of process in any action or proceeding by the board at the address designated in the application for limited reciprocity under this section.

D. Persons who hold valid certificates or licenses as certified public accountants issued by other states or foreign countries, whose principal places of business are not in this state, may practice and hold themselves out as certified public accountants in this state for a period of not more than sixty calendar days in a calendar year without complying with the limited reciprocity requirements of this section if either:

1. The person is acting in the capacity of a partner, director, member or employee of a firm that is registered to practice public accounting in this state pursuant to section 32-731 or 32-732.

2. The person notifies the person's client in this state that the person is not subject to the regulatory jurisdiction of the board and the client acknowledges receiving the notice in writing.

3. The person is sponsored by an individual or firm that is licensed or registered to practice public accounting in this state and the sponsor agrees in writing to be liable for any damages caused by, resulting from or attributable to the sponsored person's acts or omissions while the person is providing any manner of accounting services, including tax services, in this state.

E. If the person's activities are limited to the following, the time period provided in subsection D of this section does not apply:

1. Expert witness services.

2. Teaching or lecturing.

3. Other services as determined by the board.