OAR Chapter 801 — Oregon Board of Accountancy

Division 1 PROCEDURAL RULES

Or. Admin. R. 801-001-0000 Notice of Proposed Rule

Prior to permanent adoption, amendment or repeal of any rule, the Oregon Board of Accountancy shall give notice of the intended action:

(1) By publishing Notice at least 21 days prior to the effective date of the rule in the bulletin compiled by the Secretary of State and referred to in ORS 183.360;

(2) By mailing a copy of the Notice to persons on the Board of Accountancy's mailing list established pursuant to ORS 183.335 at least 28 days before the effective date of the rule;

(3) By mailing or furnishing a copy of the Notice to the following persons and organizations:

(a) Oregon Society of Certified Public Accountants;

(b) Oregon Association of Independent Accountants; and

(4) By providing an electronic copy of the Notice to legislators as provided by ORS 183.335(15).

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 183.360 & ORS 183.335
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 3-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 1-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 2-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
AB 1-1995, f. & cert. ef. 1-25-95
AB 4-1992, f. & cert. ef. 8-10-92
AB 2-1982, f. & ef. 4-20-82
AB 37, f. & ef. 12-3-75

Or. Admin. R. 801-001-0005 Model Rules of Procedure

Pursuant to ORS 183.341, the Oregon Board of Accountancy adopts the Attorney General’s Uniform and Model Rules of Procedure in effect on January 1, 2024.

[ED. NOTE: The full text of the Attorney General’s Model Rules of Procedure is available from the office of the Attorney General or Board of Accountancy.]

History

Statutory/Other Authority: ORS 670.310 & 673.410
Statutes/Other Implemented: ORS 183.341
BOA 5-2023, amend filed 12/29/2023, effective 01/04/2024
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 1-2021, minor correction filed 03/04/2021, effective 03/04/2021
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 2-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 1-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 2-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 6-1998, f. & cert. ef. 7-29-98
AB 1-1-96, f. & cert. ef. 1-29-96
AB 3-1994, f. & cert. ef. 8-10-94
AB 6-1991, f. & cert. ef. 12-18-91
AB 5-1988, f. & cert. ef. 10-31-88
1AB 1-1982, f. & cert. ef. 1-8-82
1AB 1-1980, f. & cert. ef. 2-26-80
1AB 3-1978, f. & cert. ef. 3-23-78
1AB 38, f. & cert. ef. 2-10-76
1AB 33, f. 11-6-73, cert. ef. 11-25-73
AB 25, f. 9-15-72, cert. ef. 10-1-72
AB 20A, f. 1-17-72, cert. ef. 2-1-72

Or. Admin. R. 801-001-0010 Screening and Selection Procedures for Personal Services Contracts

The Oregon Board of Accountancy adopts by this reference the Personal Contract Rules as promulgated by the Department of Administrative Services for procedures to be followed when entering into personal services contracts.

History

Statutory/Other Authority: ORS 670.310
Statutes/Other Implemented: ORS 279.051
BOA 2-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 1-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 2-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 6-1998, f. & cert. ef 7-29-98
AB 4-1992, f. & cert. ef. 8-10-92

Or. Admin. R. 801-001-0030 Extension of time limits created in Administrative Rules

(1) The Oregon Board of Accountancy may extend specified time requirements stated in OAR chapter 801 if the person seeking the extension shows good cause for failing to meet the time requirement stated by the applicable rule. A request for an extension of any time requirement must be submitted in writing within a reasonable time.

(2) Definitions. For the purposes of subsection (1) of this rule:

(a) "Good cause" exists when the person seeking the extension establishes by satisfactory evidence that the cause of the failure to meet the time requirement stated by the applicable rule was beyond his or her reasonable control.

(b) "Reasonable time" means that the person acted promptly in filing the request for extension after the cessation of the circumstances that prevented him or her from meeting the time requirement stated by the applicable rule.

(3) Time limits not subject to extension. The provisions for extension are not applicable to the following time limits:

(a) Renewal of licenses described in OAR 801 division 010,

(b) Renewal of firm registrations described in OAR 801 division 010.

History

Statutory/Other Authority: ORS 673.310
Statutes/Other Implemented: ORS 673.310
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 1-2002, f. 12-27-02, cert. ef. 1-1-03

Or. Admin. R. 801-001-0035 Professional Standards

The Board adopts professional standards, interpretations, rulings and rules by reference as necessary through administrative rule. When an adoption conflicts with Oregon Revised Statutes or Oregon Administrative Rules, the statute or rule applies, and the standard adopted by reference does not apply. All remaining parts or application of the standard remain in effect. All standards by reference referred to in any rules adopted by the board are made a part of those rules as though fully set forth. Copies are available for inspection in the office of the Board of Accountancy.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.410
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 5-2023, amend filed 12/29/2023, effective 01/04/2024
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 2-2021, minor correction filed 03/04/2021, effective 03/04/2021
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 1-2016, f. & cert. ef. 6-28-16
BOA 2-2015(Temp), f. 12-30-15, cert. ef. 1-1-16 thru 6-28-16
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 1-2014, f. 2-14-14, cert. ef. 3-1-14
BOA 1-2013, f. & cert. ef. 1-8-13
BOA 1-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 1-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 1-2009, f. 12-15-09 cert. ef. 1-1-2010
BOA 1-2008, f. 12-30-08, cert. ef. 1-1-09
BOA 1-2007, f. 12-27-07 cert. ef. 1-1-08
BOA 1-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 5-2005, f. 11-22-05, cert. ef. 1-1-06
BOA 2-2005, f. 2-24-05 cert. ef. 3-1-05
BOA 2-2003, f. 12-23-03 cert. ef. 1-1-04

Or. Admin. R. 801-001-0040 Procedure for Complaints

Pursuant to ORS 673.185, the Board is authorized to investigate complaints alleging violations of ORS 673.010 through 673.455 and OAR chapter 801. The following procedures govern complaints received by the Board:

(1) The Board may investigate complaints that describe activities that are subject to the jurisdiction of the Board and that provide information in support of the complaint.

(2) Anonymous, unsigned complaints, or complaints submitted without a Board-provided complaint form may not be investigated.

(3) The Board may also investigate other information of which the Board has knowledge, such as media stories and information provided by law enforcement or other regulatory agencies, which indicates that a violation of the statutes or rules enforced by the Board may have occurred.

(4) Any person submitting a complaint may be asked to support the complaint by personal appearance before the Board.

(5) The Board may employ private investigators or contract investigators to provide assistance in determining the facts of any case being investigated.

(6) A licensee who is the subject of a complaint may meet with the Complaints Committee to discuss the complaint.

(7) In accordance with ORS 673.415 the Board may obtain a copy of the signature block, including the name, address and signature of the tax preparer, for any tax return or report permitted or required to be filed with the Oregon Department of Revenue, if the Board has reasonable grounds to believe that a licensee who prepared such tax return or report may have violated any provision of ORS 673.010 to 673.455 or rules promulgated by the Board.

(8) If the Board determines that the available evidence is insufficient to indicate that a violation may have occurred, the Board shall dismiss the complaint.

(9) If the Board determines that the available evidence is sufficient to indicate that a violation may have occurred, the Board shall make a preliminary finding of a violation(s) and offer the subject of the complaint a contested case hearing.

(10) A person under investigation and the Board’s Executive Director may negotiate a proposed Stipulated Final Order to conclude a matter.

(11) A negotiated settlement as described in paragraph (10) shall not be binding on either party until approved by the Board and signed by the Chairperson of the Board or the Executive Director.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.185, ORS 673.170 & ORS 673.415
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 2-2017, f. & cert. ef. 8-8-17
Renumbered from 801-010-0190 by BOA 1-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
AB 4-1994, f. & cert. ef. 9-27-94
1AB 3-1982, f. & ef. 4-20-82
1AB 5-1978, f. & ef. 5-16-78
1AB 24, f. 9-15-72, ef. 10-1-72
1AB 9, f. 6-24-60

Or. Admin. R. 801-001-0045 Confidentiality of Complaints Received

(1) All complaints received by the Board office will be considered confidential.

(2) Investigatory information developed or obtained by the Board is confidential and is not subject to disclosure by the Board unless a Notice is issued for a contested case hearing or the matter investigated is finally resolved by Board action or Consent Order.

(3) The Complaints Committee review and deliberations concerning a pending investigation shall occur only in executive session, pursuant to ORS 192.660(2)(f), to consider information that is exempt by law from public inspection.

(4) The Board of Accountancy’s review and deliberations concerning a pending investigation shall also occur only in executive session, pursuant to ORS 192.660(2)(f), to consider information that is exempt by law from public inspection.

(5) Any action by the Board to approve a final order, make a preliminary finding of violation or dismiss a matter shall take place in a public meeting.

History

Statutory/Other Authority: ORS 173.170
Statutes/Other Implemented: ORS 673.410
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2011, f. 12-28-11, cert. ef. 1-1-12

Or. Admin. R. 801-001-0050 Confidentiality and Inadmissibility of Mediation Communications

(1) The words and phrases used in this rule have the same meaning as given to them in ORS 36.110 and 36.234.

(2) Nothing in this rule affects any confidentiality created by other law. Nothing in this rule relieves a public body from complying with the Public Meetings Law, ORS 192.610 to 192.690. Whether or not they are confidential under this or other rules of the agency, mediation communications are exempt from disclosure under the Public Records Law to the extent provided in ORS 192.410 to 192.505.

(3) This rule applies only to mediations in which the agency is a party or is mediating a dispute as to which the agency has regulatory authority. This rule does not apply when the agency is acting as the "mediator" in a matter in which the agency also is a party as defined in ORS 36.234.

(4) To the extent mediation communications would otherwise be compromised negotiations under ORS 40.190 (OEC Rule 408), those mediations communications are not admissible as provided in ORS 40.190 (OEC Rule 408), notwithstanding any provisions to the contrary in section (9) of this rule.

(5) Mediations Excluded. Sections (6)–(10) of this rule do not apply to:

(a) Mediation of workplace interpersonal disputes involving the interpersonal relationships between this agency’s employees, officials or employees and officials, unless a formal grievance under a labor contract, a tort claim notice or a lawsuit has been filed; or

(b) Mediation in which the person acting as the mediator will also act as the hearings officer in a contested case involving some or all of the same matters;

(d) Mediation involving two or more public bodies and a private party if the laws, rules or policies governing mediation confidentiality for at least one of the public bodies provide that mediation communications in the mediation are not confidential;

(e) Mediation involving 15 or more parties if the agency has designated that another mediation confidentiality rule adopted by the agency may apply to that mediation.

(6) Disclosures by Mediator. A mediator may not disclose or be compelled to disclose mediation communications in a mediation and, if disclosed, such communications may not be introduced into evidence in any subsequent administrative, judicial or arbitration proceeding unless:

(a) All the parties to the mediation and the mediator agree in writing to the disclosure; or

(b) The mediation communication may be disclosed or introduced into evidence in a subsequent proceeding as provided in subsections (c)–(d), (j)–(l) or (o)–(p) of section (9) of this rule.

(7) Confidentiality and Inadmissibility of Mediation Communications. Except as provided in sections (8)–(9) of this rule, mediation communications are confidential and may not be disclosed to any other person, are not admissible in any subsequent administrative, judicial or arbitration proceeding and may not be disclosed during testimony in, or during any discovery conducted as part of a subsequent proceeding, or introduced as evidence by the parties or the mediator in any subsequent proceeding.

(8) Written Agreement. Section (7) of this rule does not apply to a mediation unless the parties to the mediation agree in writing, as provided in this section, that the mediation communications in the mediation will be confidential and/or nondiscoverable and inadmissible. If the mediator is the employee of and acting on behalf of a state agency, the mediator or an authorized agency representative must also sign the agreement. The parties’ agreement to participate in a confidential mediation must be in substantially the following form. This form may be used separately or incorporated into an "agreement to mediate."

Agreement to Participate in a Confidential Mediation

The agency and the parties to the mediation agree to participate in a mediation in which the mediation communications are confidential and/or nondiscoverable and inadmissible to the extent authorized by OAR 801-001-0050(7), and this agreement. This agreement relates to the following mediation:

a) (Identify the mediation to which this agreement applies)

b) To the extent authorized by OAR 801-001-0050(7), mediation communications in this mediation are: (check one or more)

___ confidential and may not be disclosed to any other person

___ not admissible in any subsequent administrative proceeding and may not be disclosed during testimony in, or during any discovery conducted as part of a subsequent administrative proceeding, or introduced as evidence by the parties or the mediator in any subsequent administrative proceeding

___ not admissible in any subsequent administrative, judicial or arbitration proceeding and may not be disclosed during testimony in, or during any discovery conducted as part of a subsequent administrative, judicial or arbitration proceeding, or introduced as evidence by the parties or the mediator in any subsequent administrative proceeding

c) _______________________________________

Name of Agency

__________________________________________ Date___________

Signature of Agency’s authorized representative (when agency is a party) or Agency employee acting as the mediator (when Agency is mediating the dispute)

d) _______________________________________

Name of party to the mediation

__________________________________________ Date___________

Signature of Party’s authorized representative

e) _______________________________________

Name of party to the mediation

__________________________________________ Date___________

Signature of Party’s authorized representative

(9) Exceptions to confidentiality and inadmissibility.

(a) Any statements, memoranda, work products, documents and other materials, otherwise subject to discovery that were not prepared specifically for use in the mediation are not confidential and may be disclosed or introduced into evidence in a subsequent proceeding.

(b) Any mediation communications that are public records, as defined in ORS 192.410(4), and were not specifically prepared for use in the mediation are not confidential and may be disclosed or introduced into evidence in a subsequent proceeding unless the substance of the communication is confidential or privileged under state or federal law.

(c) A mediation communication is not confidential and may be disclosed by any person receiving the communication to the extent that person reasonably believes that disclosing the communication is necessary to prevent the commission of a crime that is likely to result in death or bodily injury to any person. A mediation communication is not confidential and may be disclosed in a subsequent proceeding to the extent its disclosure may further the investigation or prosecution of a felony crime involving physical violence to a person.

(d) Any mediation communication related to the conduct of a licensed professional that is made to or in the presence of a person who, as a condition of his or her professional license, is obligated to report such communication by law or court rule is not confidential and may be disclosed to the extent necessary to make such a report.

(e) The parties to the mediation may agree in writing that all or part of the mediation communications are not confidential or that all or part of the mediation communications may be disclosed and may be introduced into evidence in a subsequent proceeding unless the substance of the communications in confidential, privileged or otherwise prohibited from disclosure under state or federal law.

(f) A party to the mediation may disclose confidential mediation communications to a person if the party’s communication with that person is privileged under ORS Chapter 40 or other provision of law. A party to the mediation may disclose confidential mediation communications to a person for the purpose of obtaining advice concerning the subject matter of the mediation, if all the parties agree.

(g) An employee of the agency may disclose confidential mediation communications to another agency employee so long as the disclosure is necessary to conduct authorized activities of the agency. An employee receiving a confidential mediation communication under this subsection is bound by the same confidentiality requirements as apply to the parties to the mediation.

(h) A written mediation communication may be disclosed or introduced as evidence in a subsequent proceeding at the discretion of the party who prepared the communication so long as the communication is not otherwise confidential under state or federal law and does not contain confidential information from the mediator or another party who does not agree to the disclosure.

(i) In any proceeding to enforce, modify or set aside a mediation agreement, a party to the mediation may disclose mediation communications and such communications may be introduced as evidence to the extent necessary to prosecute or defend the matter. At the request of a party, the court may seal any part of the record of the proceeding to prevent further disclosure of mediation communications or agreements to persons other than the parties to the agreement.

(j) In an action for damages or other relief between a party to the mediation and a mediator or mediation program, mediation communications are not confidential and may be disclosed and may be introduced as evidence to the extent necessary to prosecute or defend the matter. At the request of a party, the court may seal any part of the record of the proceeding to prevent further disclosure of the mediation communications or agreements.

(k) When a mediation is conducted as part of the negotiation of a collective bargaining agreement, the following mediation communications are not confidential and such communications may be introduced into evidence in a subsequent administrative, judicial or arbitration proceeding:

(A) A request for mediation; or

(B) A communication from the Employment Relations Board Conciliation Service establishing the time and place of mediation; or

(D) A strike notice submitted to the Employment Relations Board.

(l) To the extent a mediation communication contains information the substance of which is required to be disclosed by Oregon statute, other than ORS 192.410 to 192.505, that portion of the communication may be disclosed as required by statute.

(m) Written mediation communications prepared by or for the agency or its attorney are not confidential and may be disclosed and may be introduced as evidence in any subsequent administrative, judicial or arbitration proceedings to the extent the communication does not contain confidential information from the mediator or another party, except for those written mediation communications that are:

(A) Attorney-client privileged communications so long as they have been disclosed to no one other than the mediator in the course of the mediation or to persons as to whom disclosure of the communication would not waive the privilege; or

(B) Attorney work product prepared in anticipation of litigation or for trial; or

(C) Prepared exclusively for the mediator or in a caucus session and not given to another party in the mediation other than a state agency; or

(D) Prepared in response to the written request of the mediator for specific documents or information and given to another party in the mediation; or

(E) Settlement concepts or proposals, shared with the mediator or other parties.

(n) A mediation communication made to the agency may be disclosed and may be admitted into evidence to the extent the Oregon Board of Accountancy determines that disclosure of the communication is necessary to prevent or mitigate a serious danger to the public’s health or safety, and the communication is not otherwise confidential or privileged under state or federal law.

(o) The terms of any mediation agreement are not confidential and may be introduced as evidence in a subsequent proceeding, except to the extent the terms of the agreement are exempt from disclosure under ORS 192.410 to 192.505, a court has ordered the terms to be confidential under 30.402 or state or federal law requires the terms to be confidential.

(p) The mediator may report the disposition of mediation to the agency at the conclusion of the mediation so long as the report does not disclose specific confidential mediation communications. The agency or the mediator may use or disclose confidential mediation communications for research, training or educational purposes, subject to the provisions of ORS 36.232(4).

(10) When mediation is subject to section (7) of this rule, the agency will provide to all parties to the mediation and the mediator a copy of this rule or a citation to the rule and an explanation of where a copy of the rule may be obtained. Violation of this provision does not waive confidentiality or inadmissibility.

History

Statutory/Other Authority: ORS 36.224
Statutes/Other Implemented: ORS 36.220 - 36.238, 183.335(5) & 673.410
BOA 2-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 1-2003(Temp), f. & cert. ef. 10-15-03 thru 3-15-04

Or. Admin. R. 801-001-0055 Requesting a Hearing; Stating Claims and Defenses

(1) When requesting a hearing, or within fourteen (14) days following a request for hearing, the person responding to the notice must admit or deny, in writing, all factual matters stated in the notice. Any factual matters not denied shall be presumed admitted.

(2) When requesting a hearing, or within fourteen (14) days following a request for hearing, the person responding to the notice shall affirmatively state, in writing, any and all claims or defenses the person may have and the reason that supports the claim of defense. Failure to raise a claim or defense shall be presumed to be a waiver of such claim.

(3) Evidence shall not be taken on any issue not raised in the notice and either the request for hearing or a subsequent statement within fourteen (14) days following the request for hearing as required in sections (1) and (2) of this rule.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.170
BOA 5-2005, f. 11-22-05, cert. ef. 1-1-06

Or. Admin. R. 801-001-0060 Refunds

In the event that the Board receives payment in an excess amount legally due and payable to the Board or money for which the Board has no legal interest, the Board will refund the excess money, or money the Board has no legal interest in, subject to the following requirements:

(1) If the amount overpaid was $50 or less, the payee must request in writing, a refund from the Board; and

(2) The written request for a refund from the payee must be made within four years from the day the money was paid to the Board.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.410
BOA 2-2024, amend filed 06/28/2024, effective 07/01/2024
BOA 2-2023, adopt filed 06/30/2023, effective 07/01/2023
BOA 1-2023, temporary adopt filed 02/13/2023, effective 02/13/2023 through 08/11/2023

Division 5 DEFINITIONS

Or. Admin. R. 801-005-0010 Definitions

As used in OAR Chapter 801, the following terms or abbreviations have the following meanings, unless otherwise defined therein:

(1) Accounting Standards Codification (ASC) is published by the Financial Accounting Standards Board (FASB) and is adopted as if fully set forth herein as published on December 1, 2025, except for any individual ASC standard that conflicts with or is outside the authority of the Board’s statutes. The ASC can be found on the FASB’s website and a copy of it is on file at the Board’s office.

(2) Active means a current license issued by the Oregon Board of Accountancy or other jurisdiction to an individual who has met the requirements to hold a CPA or PA license, has been properly renewed and is in good standing.

(3) AICPA means American Institute of Certified Public Accountants.

(4) AICPA Code of Professional Conduct issued by the AICPA and is adopted as if fully set forth herein as published on December 1, 2025 except for any individual AICPA Code of Professional Conduct standard that conflicts with or is outside the authority of the Board’s statutes. The AICPA Code of Professional conduct can be found on the AICPA’s website and a copy of it is on file at the Board’s office.

(5) Applicant means a person applying for a license to practice public accountancy.

(6) Attestation Services means the following professional services required to be performed under the following standards:

(a) Any audit or other engagement for which performance standards are included in the Statements on Auditing Standards (SAS), International Standards on Auditing (ISA), or other internationally recognized auditing standards;

(b) Any review of a financial statement for which performance standards are included in the Statement on Standards for Accounting and Review Services (SSARS);

(c) Any examination of prospective financial information for which performance standards are included in the Standards for Attest Engagements (SSAE);

(d) Any examination, review or agreed upon procedures engagement other than an examination described in paragraph (c) of this subsection for which performance standards are included in the Statements on Standards for Attestation Engagements (SSAE); and

(e) Any engagement for which performance standards are included in the Auditing Standards of the Public Company Accounting Oversight Board in the United States (PCAOB).

(f) The statements on standards specified in subsections (a) through (d) of this definition are those developed by the AICPA.

(7) Auditing Standards (AS) issued by the Public Company Accounting Oversight Board (PCAOB) and adopted as if fully set forth herein as published on December 1, 2025, except for any individual AS that conflicts with or is outside the authority of the Board’s statutes. The AS can be found on the PCAOB’s website and a copy of it is on file at the Board’s office.

(8) Business Organization means any form of business organization authorized by law, including but not limited to a proprietorship, partnership, corporation, limited liability company, limited liability partnership or professional corporation.

(9) CPA or Certified Public Accountant means a person who holds an active certified public accountant license for the practice of public accountancy.

(10) CPA Exam means the Uniform Certified Public Accountant Examination.

(11) CPE means continuing professional education.

(12) Candidate means a person applying for the CPA Exam.

(13) Censure means an official written expression of reprimand, by Board action, to a licensee for specified conduct.

(14) Certificate means a certificate of certified public accountant.

(15) Circular No. 230 is the Treasury Department Regulations Governing Practice before the Internal Revenue Service, Rev. 6-2014 and is adopted as if fully set forth herein except for any individual Circular No. 230 regulation that conflicts with or is outside the authority of the Board’s statutes. Circular No. 230 Rev. 6-14 can be found on the Internal Revenue Service’s website and a copy of it is on file at the Board’s office.

(16) Client means a person or entity who receives professional services or a person who agrees to receive professional services.

(17) Commission means a fee calculated as a percentage of the total value of the sale of a product or service that is paid or received in the form of money or other valuable consideration.

(18) Compilation Services means a professional service required to be performed in accordance with the Statement on Standards for Accounting and Review Services (SSARS) in which the person performing the services presents a financial statement that:

(a) Is based on the responsibility of the owner or management of the company for which the statement is presented; and

(b) Does not include assurances by the person that the representations in the financial statement conform to the applicable reporting framework.

(19) Confidential Client Information is information that is obtained from a source or developed by the licensee in the course of performing professional services for the client, excluding information available to the public.

(20) Contingent Fee means a fee established for the performance of any professional service and directly or indirectly paid to a licensee pursuant to an arrangement in which no fee will be charged unless a specified finding or result is attained, or in which the amount of the fee is otherwise dependent upon the finding or result of such service. A fee is not contingent if the fee:

(a) Is fixed by courts or other public authorities; or

(b) In tax matters, is determined based on the results of judicial proceedings or the findings of governmental agencies.

(21) Direct Supervision is regular and meaningful interaction between the supervisor licensee and the person being supervised in terms of planning, coordinating, guiding, inspecting, controlling, and evaluating activities, and having authority over the employee being supervised. A licensee acting as a consulting or independent contractor to the applicant’s employer will not meet the requirement of direct supervision.

(22) Enterprise means any person or entity, whether organized for profit or not, for which a licensee provides public accounting services.

(23) Ethics Exam means the AICPA professional ethics exam or the California Professional Ethics Exam (PETH).

(24) Expired means a license that has not been renewed after six years from the close of the last license period for which the license was active, inactive or retired.

(25) Fees include commissions, contingent fees and referral fees.

(26) Financial Statements means the presentation of financial data, including accompanying notes, that is derived from accounting records and intended to communicate an entity's economic resources or obligations or the changes therein, at a specific point in time, and/or the results of operations for a specific period of time, presented in accordance with generally accepted accounting principles or a applicable reporting framework other than generally accepted accounting principles. Financial presentations included in tax returns are not financial statements. Incidental financial data included in management advisory services reports to support recommendations to a client are not financial statements. The method of preparation (for example, manual or computer preparation) is not relevant to the definition of a financial statement.

(27) Firm means a business organization as defined in ORS 673.010 that is engaged in the practice of public accountancy and is required to be registered with the Board.

(28) First Time Candidate means a candidate for the CPA exam who is sitting for the exam for the first time in Oregon.

(29) Generally Accepted Accounting Principles (GAAP) means accounting principles or standards generally accepted in the United States, including but not limited to Statements of Financial Accounting Standards (SFAS) and interpretations thereof, as published by the Financial Accounting Standards Board (FASB), and Statements of Governmental Accounting Standards (SGAS) and interpretations thereof, as published by the Government Accounting Standards Board (GASB) and the International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB) and is adopted as if fully set forth herein as published on December 1, 2025, except for any individual GAAP standard that conflicts with or is outside the authority of the Board’s statutes. The GAAP can be found on the FASB and GASB websites and a copy of it is on file at the Board’s office.

(30) Generally Accepted Auditing Standards (GAAS) means the Generally Accepted Auditing Standards including but not limited to those standards adopted by the American Institute of Certified Public Accountants, together with interpretations thereof, as set forth in Statements on Auditing Standards issued by the AICPA, and for federal audits, the Single Audit Act and related U.S. Office of Management and Budget Circulars published by the Government Accountability Office, and International Standards on Auditing (ISAs) issued by International Federation of Accountants (IFAC) through the International Auditing and Assurance Standards Board (IAASB) and is adopted as if fully set forth herein as published on December 1, 2025, except for any individual GAAS standard that conflicts with or is outside the authority of the Board’s statutes. The GAAS can be found on the FASB and GASB websites and a copy of it is on file at the Board’s office.

(31) Holding out as a CPA or PA means to assume or use by oral or written communication the titles or designations "certified public accountant" or "public accountant" or the abbreviations "CPA" or "PA", or any number or other title, sign, card, device or use of any internet domain or e-mail name, tending to indicate that the person holds a valid certificate or license under the authority of ORS 673 as a certified public accountant or a public accountant.

(32) Inactive status means a license status granted by the Board to a licensee who has met and agreed to all conditions and requirements set out in OAR 801-010-0120 relating to inactive status licensure.

(33) In good standing means the status of a holder of a license or firm registration issued by any jurisdiction that is not suspended, revoked, expired, resigned, lapsed or on probation. The good standing status of a licensee or registered firm will not be affected by the lapse of a license issued in another jurisdiction provided that the licensee holds an active, inactive or retired license to practice public accountancy in the State of Oregon.

(34) International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB) and is adopted as if fully set forth herein as published on December 1, 2025, except for any individual IFRS standard that conflicts with or is outside the authority of the Board’s statutes. The IFRS can be found on the IASB website and a copy of it is on file at the Board’s office.

(35) International Standards on Auditing (ISA) issued by International Federation of Accountants (IFAC) through the International Auditing and Assurance Standards Board (IAASB) and is adopted as if fully set forth herein as published on December 1, 2025, except for any individual ISA standard that conflicts with or is outside the authority of the Board’s statutes. The ISA can be found on the IAASB website and a copy of it is on file at the Board’s office.

(36) Jurisdiction means the licensing authority for the practice of public accountancy in any state, U.S. Territory or foreign country.

(37) Lapsed means a license status that is not renewed within 60 days of the close of a license period.

(a) Lapsed licensees are not permitted practice public accounting as defined in OAR 801-005-0010(48).

(b) A person in lapsed status must not hold out in any form or manner that they are a CPA or PA.

(38) License means a certificate, permit, registration, or a license issued by the Board or by another state, enabling the holder thereof to practice public accountancy.

(39) Licensee means the holder of a license as defined in these rules.

(40) Material Participation means participation that is regular, continuous and substantial.

(41) Manager means a manager of a limited liability company.

(42) Member means a member of a limited liability company.

(43) NASBA means National Association of State Boards of Accountancy.

(44) Non-licensee Owner means a person who does not hold a certificate, license or permit as a certified public accountant or public accountant in Oregon or in any other jurisdiction.

(45) Oregon licensee means the holder of a license issued by the Board.

(46) PA or Public Accountant means a person who is the holder of a license issued under ORS 673.100.

(47) Peer Review means a study, appraisal or review of one or more aspects of the public accountancy work of a holder of a license or of a registered business organization that performs attestation services or compilation services that is conducted by a CPA who holds an active license issued by any state or a public accountant licensed under 673.100 who was required to pass the audit section of the Uniform CPA Exam as a requirement for licensing. The peer reviewer must also be independent of the license holder or registered business organization being reviewed.

(48) Permit means a license to practice public accountancy.

(49) Practice of Public Accountancy means performance of or any offer to perform one or more services for a client or potential client, including the performance of such services while in the employ of another person by a licensee, professional services of accounting, tax, personal financial planning, litigation support services, and those professional services for which standards are promulgated. These standards include Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC), Statements of Financial Accounting Standards, Statements on Auditing Standards, Statements on Standards for Accounting and Review Services, Statements on Standards for Consulting Services, Statements of Governmental Accounting Standards, International Financial Reporting Standards, International Accounting Standards, International Standards on Auditing, Statements on Standards for Attestation Engagements, and Statements on Standards for Valuation Services.

(50) Preparation of Financial Statements means providing a service of any preparation of financial statements engagement to be performed in accordance with the Statements on Standards for Accounting and Review Services (SSARS).

(51) Principal Place of Business means the location of the principal office where a person practices public accounting.

(52) Professional means arising out of or related to the specialized knowledge or skills associated with certified public accountants and public accountants including but not limited to attestation, compilation, audit, management advisory, financial advisory, tax or consulting services or issuance of reports on financial statements.

(53) Professional Services means any services performed or offered to be performed by a licensee for a client or potential client in the course of the practice of public accountancy.

(54) Regional Accreditation means the college or university is accredited by one of the six regional accrediting associations or by another accrediting body that is recognized by the Board.

(55) Referral Fee means a referral fee that includes, but is not limited to, a rebate, preference, discount or any item of value, whether in the form of money or otherwise, given or received by a certified public accountant, public accountant or firm, to or from any third party, directly or indirectly, in exchange for the purchase of any product or service, unless made in the ordinary course of business.

(56) Registration means the authority issued under ORS 673.160 to a business organization to practice public accountancy in this state.

(57) Report . "Report", when used with reference to attestation services or compilation services means an opinion or other form of language that states or implies assurance as to the reliability of the attested information or compiled financial statements and that also includes or is accompanied by any statement or implication that the person or firm issuing it has special knowledge or competence in accounting or auditing. Such a statement or implication of special knowledge or competence may arise from use by the issuer of the report of names or titles indicating that the person or firm is an accountant or auditor or may arise from the language of the report itself.

(a) Any form of language that:

(A) Disclaims an opinion when the form of language implies any positive assurance as to the reliability of the attested information or the compiled financial statements referred to or of the special knowledge or competence on the part of the person of firm issuing the language;

(B) Implies any positive assurance as to the reliability of the attested information or compiled financial statements referred to or of the special knowledge or competence on the part of the person or firm issuing the language; or

(b) Language Not Constituting a Report: The following statement, signed by a person who does not hold a license, shall not constitute a report under ORS 673.320 so long as the statement is not accompanied by any wording indicating the person is an accountant or auditor or other language prohibited by ORS 673.020, 673.030, 673.310 or 673.320: "The accompanying balance sheet (or . . .) of XYZ Company as of (date) and the related statements of income (or retained earnings or cash flows) for the year then ended have been prepared by me (us). The information presented in these financial statements is the responsibility of management (owners)."

(58) Retired status means a license status conferred by the Board upon a licensee who has met the requirements in OAR 801-010-0119.

(59) Returning Candidate means a person who has received grades for any section of the Uniform CPA exam who applies to sit for any part of the CPA exam in Oregon.

(60) Single Audit Act means the Single Audit Act with the Single Audit Act Amendments of 1996, as published by the United States Government Accountability Office, Office of Management and Budget and related U.S. Office of Management and Budget (OMB) Circulars, and is adopted as if fully set forth herein as published on October 1, 2024, except for any individual standard that conflicts with or is outside the authority of the Board’s statutes. The current OMB Circulars can be found on the Federal Register website and a copy is on file at the Board’s office. Past circulars are archived on the White House’s OMB website. All related OMB guidance can also be found in Title 2 of the Code of Federal Regulations.

(61) Sole Practitioner/Sole Proprietor means a CPA or PA who practices independently and may include unlicensed support personnel, but does not include any other licensed CPA’s or PA’s.

(62) Standards for Performing and Reporting on Peer Reviews (SPRPR) issued by the AICPA is adopted as if fully set forth herein as published on December 1, 2025, except for any individual SPRPR standard that conflicts with or is outside the authority of the Board’s statutes. The SPRPR can be found on the AICPA’s website and a copy of it is on file at the Board’s office.

(63) Statements of Governmental Accounting Standards and interpretations thereof (SGAS) is published by the Government Accounting Standards Board (GASB) and is adopted as if fully set forth herein as published on December 1, 2025, except for any individual SGAS standard that conflicts with or is outside the authority of the Board’s statutes. The SGAS can be found on the GASB website and a copy of it is on file at the Board’s office.

(64) Statements of Financial Accounting Standards and interpretations thereof (SFAS) is published by the Financial Accounting Standards Board (FASB) and is adopted as if fully set forth herein as published on December 2, 2025, except for any individual SFAS standard that conflicts with or is outside the authority of the Board’s statutes. The SFAS can be found on the FASB’s website and a copy of it is on file at the Board’s office.

(65) Statements on Auditing Standards (SAS) and interpretations thereof as issued by the AICPA is adopted as if fully set forth herein as published on December 1, 2025, except for any individual SAS standard that conflicts with or is outside the authority of the Board’s statutes. The SAS can be found on the AICPA’s website and a copy of it is on file at the Board’s office.

(66) Statements on Standards for Consulting Services (SCS) issued by the AICPA is adopted as if fully set forth herein as published on October 20, 2023, except for any individual SCS statement that conflicts with or is outside the authority of the Board’s statutes. The SCS can be found on the AICPA’s website and a copy of it is on file at the Board’s office.

(67) Statements on Standards for Accounting and Review Services (SSARS) issued by the AICPA is adopted as if fully set forth herein as published on December 1, 2025, except for any individual SSARS standard that conflicts with or is outside the authority of the Board’s statutes. The SSARS can be found on the AICPA’s website and a copy of it is on file at the Board’s office.

(68) Statements on Standards for Attestation Engagements (SSAE) means the statements by that name issued by the AICPA is adopted as if fully set forth herein as published on December 1, 2025, except for any individual SSAE standard that conflicts with or is outside the authority of the Board’s statutes. The SSAE can be found on the AICPA’s website and a copy of it is on file at the Board’s office.

(69) Statements on Standards for Valuation Services (SSVS) as issued by the AICPA is adopted as if fully set forth herein as published on October 20, 2023, except for any individual SSVS standard that conflicts with or is outside the authority of the Board’s statutes. The SSVS can be found on the AICPA’s website and a copy of it is on file at the Board’s office.

(70) State includes any state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, American Samoa, Guam and the Commonwealth of the Northern Mariana Islands.

(71) Substantial Equivalency means an individual that holds a valid license as a certified public accountant from another state that requires an individual, as a condition of licensure as a certified public accountant to achieve a passing grade on the Uniform Certified Public Accountant Examination and:

(a) Complete at least 150 semester hours of college education, obtain a baccalaureate or higher degree conferred by a college or university and possess at least one year of experience, verified by a licensee, providing any type of service or advice involving the use of accounting, attestation, compilation, management advisory, financial advisory, tax or related consulting skills, obtained through public practice or government, industry or academic work; or

(b) Obtain a baccalaureate degree and possess at least two years or of experience verified by a license holder in providing any type of service involving the use of accounting, attestation, compilation, management advisory, financial advisory, tax or related consulting skills obtained through public practice or government, industry or academic work;

(c) Obtain a master’s degree and possess at least one year or more of experience verified by a license holder in providing any type of service involving the use of accounting, attestation, compilation, management advisory, financial advisory, tax or related consulting skills obtained through public practice or government, industry or academic work;

(d) Meet requirements otherwise prescribed by the Board; or

(e) An individual licensee who holds a valid license from another state but that state does not have the qualifications specified in (a), (b), (c), or (d) but can provide evidence that they have met the requirements of (a), (b), (c) or (d) will be deemed substantially equivalent.

(72) Supervisor Licensee is a licensee who provides direct supervision to an applicant and provides verification of any experience requirement. Supervisor licensee must have held a valid license during the period of supervision.

(73) Suspended means a licensee who is not permitted to practice public accountancy for a period of time.

(74) Uniform Accountancy Act (UAA) is a model bill and set of regulations designed by the AICPA and NASBA to provide a uniform approach to regulation of the accounting profession, provisions of which may or may not be adopted by state boards of accountancy.

(75) Working papers: include but are not limited to all statements, records, schedules, general ledgers, journals, trial balances and depreciation schedules made by the licensee incident to or in the course of rendering services to a client or former client. Working papers are and shall remain the property of the licensee in the absence of an express agreement to the contrary between the licensee and client. In addition to the requirements specified in paragraph above, attest documentation shall include, but not be limited to, the following:

(a) The objectives, scope and methodology, including any sampling criteria used;

(b) Documentation of the work performed to support significant conclusions and judgments, including descriptions of transactions and records examined that would enable a reviewer with relevant knowledge and experience, having no previous connection with the attest engagement, to examine the same transactions and records; and

(76) Valid means a certified public accountant or a public accountant license, municipal roster authority, firm registration or chartered accountant certificate that is in active status and in good standing with the appropriate licensing authority. A license in active status is one that is not revoked, suspended, subject to probation, lapsed, inactive, retired or expired.

[Publications: Publications referenced are available from the agency.]

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.410
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 5-2023, amend filed 12/29/2023, effective 01/04/2024
BOA 4-2023, temporary amend filed 09/29/2023, effective 10/01/2023 through 01/01/2024
BOA 2-2023, amend filed 06/30/2023, effective 07/01/2023
BOA 1-2023, temporary amend filed 02/13/2023, effective 02/13/2023 through 08/11/2023
BOA 3-2020, minor correction filed 04/10/2020, effective 04/10/2020
BOA 1-2020, minor correction filed 02/19/2020, effective 02/19/2020
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 2-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 2-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 2-2009, f. 12-15-09, cert. ef. 1-1-10
BOA 5-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 6-2005, f. 11-22-05, cert. ef. 1-1-06
BOA 3-2005, f. 2-24-05 cert. ef. 3-1-05
BOA 3-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 2-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 3-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 6-1998, f. & cert. ef. 7-29-98
BOA 1-1998, f. & cert. ef. 1-26-98
AB 2-1997, f. & cert. ef. 3-10-97
AB 2-1996, f. & cert. ef. 9-25-96
AB 1-1996, f. & cert. ef. 1-29-96
AB 4-1995, f. & cert. ef. 8-8-95
AB 3-1995, f. & cert. ef. 5-19-95
AB 2-1995, f. & cert. ef. 3-22-95
AB 5-1994, f. & cert. ef. 11-10-94
AB 4-1994, f. & cert. ef. 9-27-94
AB 1-1994, f. & cert. ef. 1-21-94
AB 6-1993(Temp), f. 11-2-93, cert. ef. 11-4-93
AB 1-1993, f. 1-14-93, cert. ef. 1-15-93
AB 1-1992, f. & cert. ef. 2-18-92
AB 2-1990, f. & cert ef. 4-9-90
AB 1-1989, f. & cert. ef. 1-25-89
1AB 2-1982, f. & cert. ef. 10-15-86

Division 10 FEES, APPLICATIONS, REQUIREMENTS, PROCEDURES, AND P.C.’S

Or. Admin. R. 801-010-0010 Fees, Civil Penalties and Cost Recovery

For the purpose of ORS 673.010 to 673.475 and 297.670 to 297.740, the Board of Accountancy shall charge the following fees:

(1) Application fees. All application fees are non-refundable.

(a) CPA Examination: all fees associated with the CPA examination process are listed on the NASBA website.

(b) CPA or PA License application fee — $225.

(d) Lapsed license reinstatement application fee for active and inactive status — $225.

(e) Lapsed retired status license reinstatement to retired status - $100.

(f) Reciprocity / Temporary Military application fee -- $225

(2) Initial license and registration fees:

(a) Initial / Reciprocity CPA or PA License — $255.

(b) Municipal Auditor — $150.

(3) Biennial renewal application fees:

(a) Active CPA or PA License — $255.

(b) Inactive CPA or PA — $50.

(d) Firm Registration — $265.

(e) Retired License — $50.

(4) Late renewal fees:

(a) Active CPA or PA License — $255.

(b) Inactive CPA and PA — $50.

(d) Firm Registration — $265.

(e) Retired License — $50.

(5) Miscellaneous fees:

(a) Copies of existing mailing lists may be provided for a fee equal to the amount necessary to prepare each list, including the cost of materials, if any, and the cost of staff time.

(b) Municipal Auditor lists shall be provided at no charge to municipal entities that are subject to audit law.

(c) Copies of records made on a standard office copy machine may be charged.(d) Staff time required to research, locate, produce, summarize or otherwise provide records may be charged.

(6) Civil Penalties that may be assessed for Specific Violations in Accordnace with ORS 183.430:

(a) Failure to provide change of address in 30 day — $100.

(b) Failure to renew firm registration by January 31 — $500.

(7) Cost Recovery. The Board may recover costs associated with a contested case hearing in which the Board has prevailed. The following costs may be included in cost recovery:

(a) Attorney General Fees.

(b) Administrative Hearing Costs.

(d) Expert Witness Fees.

(8) Form of Payment :

(a) Checks or money orders shall be made payable to “Oregon Board of Accountancy”.

(b) Credit card payments may be submitted online only. Any credit card that is rejected by the bank and requested to be confiscated will be retained and returned to the bank. All payments by credit card that are rejected must be paid in full by another credit card, check or money order within ten days from notification of rejection. All payments received after Board deadlines, including, but not limited to payments for renewals, applications and civil penalties, will be considered late and a late penalty will be assessed.

History

Statutory/Other Authority: ORS 673.410, 673.040, 673.060, 673.100, 673.150, 673.160 & 297.720
Statutes/Other Implemented: 297.720, 673 & 192.440
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 2-2024, amend filed 06/28/2024, effective 07/01/2024
BOA 2-2023, amend filed 06/30/2023, effective 07/01/2023
BOA 1-2023, temporary amend filed 02/13/2023, effective 02/13/2023 through 08/11/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 3-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 3-2009, f. 12-15-09, cert. ef. 1-1-10
BOA 2-2008, f. 12-30-08, cert. ef. 1-1-09
BOA 2-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 4-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 4-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 3-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 4-1999, f. & cert. ef. 7-23-99
BOA 8-1998, f. & cert. ef. 10-22-98
BOA 7-1998(Temp), f. & cert. ef. 7-29-98 thru 1-25-99
BOA 6-1998, f. & cert. ef. 7-29-98
BOA 5-1998, f. & cert. ef. 7-9-98
AB 1-1997, f. & cert. ef. 1-28-97
AB 1-1996, f. & cert. ef. 1-29-96
AB 5-1995, f. & cert. ef. 8-22-95
AB 1-1995, f. & cert. ef. 1-25-95
AB 4-1994, f. & cert. ef. 9-27-94
AB 4-1991, f. & cert. ef. 7-1-91
AB 2-1989, f. & cert. ef. 1-25-89
AB 3-1988, f. & cert. ef. 6-9-88
1AB 2-1983, f. & cert. ef. 9-20-83
1AB 7-1981, f. & cert. ef. 7-27-81
1AB 6-1978, f. & cert. ef. 6-22-78
1AB 48, f. & cert. ef. 7-21-77
1AB 44, f. & ef. 3-31-77
1AB 41, f. & ef. 12-2-76
1AB 34, f. 1-29-74, cert. ef. 2-25-74
1AB 20, f. 10-22-71, cert. ef. 11-15-71
1AB 14, f. & cert. ef. 8-15-68
1AB 10, f. & cert. ef. 2-7-63

Or. Admin. R. 801-010-0040 CPA and PALicenses Remain Property of the Board

Every license of Certified Public Accountant or Public Accountant, while it is in the possession of the holder, shall be preserved by the holder, but such license shall nevertheless remain the property of the Board. In the event that the license is revoked or resigns in the manner prescribed by law, the holder is required to deliver the license to the Board immediately upon demand.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.410
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 3-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
AB 4-1994, f. & cert. ef. 9-27-94
1AB 41, f. & ef. 12-2-76
1AB 9, f. 6-24-60

Or. Admin. R. 801-010-0045 Uniform Certified Public Accountant Exam

CPA exam rules. The Board Recognizes the rules of conduct for CPA examination candidates as published in the CPA Exam Candidate Guite. The Board may deny credit for any or all sections of the exam and may prohibit candidates from retaking the exam for any of the following reasons:

(1) Conduct that violates the CPA Examination Rules of Conduct,

(2) Violation of the confidentiality provisions of the CPA Examination Rules of Conduct, which shall result in denial of credit for the candidate's scores on the CPA exam and the candidate shall be prohibited from retaking the CPA exam for a period of ten years.

History

Statutory/Other Authority: ORS 673.410 & 673.060
Statutes/Other Implemented: ORS 673.060 & 673.410
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 4-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 3-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02

Or. Admin. R. 801-010-0050 Application for Uniform CPA Examination

(1) Definitions.

(a) Authorization to Test (ATT) : Issued by NASBA on behalf of the Board of Accountancy to eligible exam candidates to authorize the candidate to test for specified sections of the CPA exam. The ATT may be issued for one or more CPA exam sections. Each ATT authorizes the candidate to take each CPA exam section designated in the ATT one time only. The ATT may become expired as to one exam section named in the ATT, and remain valid as to other specified exam sections. The candidate must submit an application and re-examination fee to NASBA for any exam section that is expired under the ATT or to retake any section of the CPA Exam not passed.

(b) Notice to Schedule (NTS): Issued by NASBA and enables the candidate to schedule testing at an examination test center. The NTS will remain open until the candidate schedules testing or until six months have elapsed since the NTS was issued, whichever occurs first.

(c) Testing Opportunity : Each NTS issued for an exam section is considered a testing opportunity. A candidate may not retake a failed exam section(s) until the score for that section has been released.

(2) Applications.

(a) Applications for the CPA exam must be submitted to NASBA on a form provided by NASBA and must be accompanied by the appropriate fee as provided for by NASBA. The act of filing an application for the CPA exam constitutes an agreement by the candidate to observe and comply with the CPA Exam rules adopted by the Board.

(b) An application will not be reviewed until the application fee and all required supporting documents have been received, including proof of identity (as determined by the Board and specified on the application form), official transcripts and/or evaluation of foreign credentials from NASBA International Evaluation Services (NIES) and evidence that the candidate has met eligibility requirements.

(c) All foreign academic credentials submitted as evidence of eligibility for the CPA exam are required to be evaluated by NASBA International Evaluation Services (NIES).

(d) An application for the CPA examination must be complete in every particular within 90 days from the date it is received by NASBA. If an application is incomplete, the candidate will be found ineligible and the file will be closed. A candidate whose file has been closed as described herein is required to submit a new application, application fee and all required documents.

(e) Candidates shall pay NASBA's CPA exam application fee and all other fees associated with the CPA exam to NASBA. All CPA exam fees are non-refundable. If a candidate fails to appear for a scheduled testing at an approved test center, all fees paid will be forfeited for the examinations scheduled on that day.

(f) At the time of application and during the time any ATT issued by NASBA on behalf of the Oregon Board of Accountancy is open, the candidate must not have an open ATT for the same section in any other state or jurisdiction.

(g) The candidate must certify at the time of application that they are in compliance with subsection (f) of this rule. Falsifying this certification or including any false, fraudulent, or materially misleading statements on the application for the examination, or including any material omission on the application for the examination is cause for disciplinary action under ORS 673.170.

(3) Eligibility under education requirements. Candidates for admission to the CPA exam applying to be licensed as a Certified Public Accountant must demonstrate eligibility as follows:

(a) Submit satisfactory evidence that the candidate has successfully completed the following:

(A) Obtained a baccalaureate or higher degree from a college or university that is accredited by one of the six regional accrediting associations or by another accrediting body that is recognized by the Board;

(B) Completed a minimum of 24 semester hours or 36 quarter hours, or the equivalent thereof, in the study of core accounting coursework at the upper division or graduate level in some or all of the subject-matter content areas listed below:

(i) Financial accounting and reporting for business organizations.

(ii) Financial statement auditing

(iii) Taxation

(iv) Accounting information systems

(v) Financial accounting and reporting for government and not-for-profit entities.

(vi) Attestation engagements

(vii) Managerial or cost accounting

(viii) Mergers and acquisitions

(ix) Tax and financial planning

(x) Fraud examination

(xi) Internal controls and risk assessment

(xii) Financial statements analysis

(xiii) Accounting research analysis

(xiv) Tax research and analysis

(xv) Data analytics, data interrogation techniques, and/or digital acumen in accounting context, whether taken in the business school or in another college or university program, such as the engineering, computer science, or math programs.

(xvi) Ethics (accounting course)

(xvii) Other accounting-related content areas included in the Uniform CPA Examination Blueprints or as may be approved by the board.

(C) Completed a minimum of 24 semester hours or 36 quarter hours in business or accounting courses, at the undergraduate and/or graduate level, covering some or all of the following subject-matter content:

(i) Business law

(ii) Economics

(iii) Management

(iv) Marketing

(v) Finance

(vi) Business communications: whether taken in the business school or in another college or university program, such as English, Speech Communications, or other courses designed to improve a student's communication skills.

(vii) Statistics

(viii) Quantitative methods

(ix) Information systems or technology

(x) Data analytics, data interrogation techniques, and/or digital acumen, whether taken in the business school or in another college or university program, such as the engineering, computer science, or math programs.

(xi) Ethics (business course)

(xii) Other business-related content areas included in the Uniform CPA Examination Blueprints or as may be approved by the Board.

(xiii) Additional accounting courses in excess of 24 semester hours or 36 quarter hours.

(D) Credit for community college courses. Applicants who have earned a baccalaureate or higher degree from a regionally accredited college or university may obtain additional hours from a community college, if such hours would be transferable to an accredited college or university.

(E) Internship or Accounting Internship courses are limited to a maximum of 12 semester hours or 18 quarter hours. A maximum of four semester hours or six quarter hours may be counted toward the core accounting courses if the credit is upper division and accounting coded.

(F) Courses taken for CPA Exam preparation or review do not qualify toward the accounting specific course requirement or the related subject course requirements.

(G) A candidate will only receive credit for a course one time.

(b) Evidence of eligibility . Candidates must meet all requirements under this rule at the time of application. Satisfactory evidence of the educational requirement may be provided in the following manner:

(A) Candidates who have completed all course requirements and been awarded a baccalaureate or higher degree must provide an official transcript(s) demonstrating successful completion of all courses required under these rules, and that a degree was awarded.

(B) Candidates who have completed all course requirements at the time of application, but for whom a baccalaureate degree has not yet been awarded must provide an official transcript(s) showing successful completion of all courses required under these rules, together with a letter from the Registrar's Office of the college or university stating that the candidate has met the degree requirements and the date that the degree will be awarded.

(C) Only official transcripts that are forwarded directly to NASBA by the issuing college or university will be accepted.

(D) Colleges or universities which are accredited by one of the six regional accrediting associations or by another accrediting body that is recognized by the Board will be accepted.

(4) Public Accountant Eligibility under experience standards. Candidates for the CPA exam who are applying to be licensed as a Public Accountant must submit satisfactory evidence that:

(a) The candidate graduated from a high school with a four-year program, or the equivalent; and

(b) The candidate completed two years of experience in public accountancy or the equivalent satisfactory to the Board that meets the requirements of OAR 801-010-0100(2) and 801-010-0065(2). This experience must be completed before the candidate sits for the relevant portions of the CPA exam and two years of experience means having a minimum of 24 months and at least 4,000 hours of supervised experience.

(5) Authorization to Test (ATT) and Notice to Schedule (NTS).

(a) An ATT authorizes the candidate to test for those sections of the CPA exam that are specified in the ATT. An ATT is effective for 90 days, pending payment of the exam section fees to NASBA. The ATT will expire 90 days after it is issued if the candidate has not paid the appropriate fees.

(b) Suspension of the ATT . An ATT may be suspended by NASBA if it determines that a problem related to the candidate is identified on the National Candidate Database, or for other good cause as determined by the Board.

(c) Payment of CPA Exam testing fees . To obtain a Notice to Schedule (NTS), the candidate must remit the CPA exam testing fees required for the CPA exam sections specified in the ATT to NASBA within ninety (90) days from the date the ATT is issued. Failure to remit the required fees and obtain the NTS will cause the ATT to expire, and the candidate must submit a re-examination application to NASBA, with the appropriate CPA exam fee, to receive another ATT.

(d) NTS . When the candidate receives an ATT from NASBA, the candidate is required to:

(A) Submit to NASBA payment of all fees related to testing of the CPA exam sections authorized by the ATT;

(B) Upon receipt of the NTS, contact an approved test center to schedule the time and place for testing of the exam sections authorized by the NTS. CPA exam sections do not have to be scheduled on the same date.

(C) The NTS remains valid for each exam section until the candidate schedules testing for that specific section, or for six months from the date the NTS was issued, whichever occurs first.

(D) The NTS expires when:

(i) The candidate schedules and takes a designated exam section; or

(ii) The candidate schedules a testing date for a designated exam section but fails to appear and take the section at the scheduled time; or

(iii) The candidate fails to schedule a designated exam section within the six-month period defined by the NTS; or

(e) Testing. A candidate may schedule testing at an approved testing center in Oregon or in another jurisdiction. A list of approved testing centers is available through NASBA. Candidates must comply with the procedures and rules of the test center.

(f) Re-examination . A completed re-examination application and payment of the appropriate fee to NASBA is required:

(A) To take an exam section for which the candidate has not previously applied; or

(B) To retake any exam section that the candidate does not pass; or

(C) To obtain an ATT for any exam section that the candidate failed to schedule during the six-month period for which a previous NTS was issued; or

(D) To obtain an ATT for any exam section for which the candidate failed to obtain an NTS during the ninety (90) day period after the date the ATT was issued.

(g) Request for extension of NTS. The Board, in its discretion, may grant a request for extension of the 6-month NTS window for:

(A) Reasons of health, certified by a medical doctor, that prevent the candidate from completing the CPA exam section(s) listed on the NTS; or

(B) A candidate on active military duty who is deployed during the 6-month period of the NTS; or

(D) A request for extension of a valid NTS must be submitted to NASBA in writing prior to the expiration of the NTS and must include documentation supporting the conditions for extension.

History

Statutory/Other Authority: ORS 673.410, 673.050 & 673.100
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 5-2023, amend filed 12/29/2023, effective 01/04/2024
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 2-2023, amend filed 06/30/2023, effective 07/01/2023
BOA 1-2023, temporary amend filed 02/13/2023, effective 02/13/2023 through 08/11/2023
BOA 1-2022, amend filed 04/21/2022, effective 04/22/2022
BOA 3-2021, temporary amend filed 10/29/2021, effective 10/29/2021 through 04/26/2022
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 1-2014, f. 2-14-14, cert. ef. 3-1-14
BOA 3-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 2-2008, f. 12-30-08, cert. ef. 1-1-09
BOA 2-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 7-2005, f. 11-22-05, cert. ef. 1-1-06
BOA 4-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 2-2004(Temp), f. & cert. ef. 7-2-04 thru 12-29-04
BOA 1-2004(Temp), f. & cert. ef. 3-15-04 thru 7-1-04
BOA 4-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 3-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 4-1999, f. & cert. ef. 7-23-99
BOA 8-1998, f. & cert. ef. 10-22-98
BOA 7-1998(Temp), f. & cert. 7-29-98 thru 1-25-99
BOA 6-1998, f. & cert. ef. 7-29-98
BOA 5-1998, f. & cert. ef. 7-9-98
AB 1-1997, f. & cert. ef. 1-28-97
AB 1-1996, f. & cert. ef. 1-29-96
AB 5-1995, f. & cert. ef. 8-22-95
AB 1-1995, f. & cert. ef. 1-25-95
AB 4-1994, f. & cert. ef. 9-27-94
AB 4-1991, f. & cert. ef. 7-1-91
AB 2-1989, f. & cert. ef. 1-25-89
AB 3-1988, f. & cert. ef. 6-9-88
1AB 2-1983, f. & cert. ef. 9-20-83
1AB 7-1981, f. & cert. ef. 7-27-81
1AB 6-1978, f. & cert. ef. 6-22-78
1AB 48-1977, f. & cert. ef. 7-21-77
1AB 44-1977, f. & cert. ef. 3-31-77
1AB 41-1976, f. & cert. ef. 12-2-76
1AB 34, f. 1-29-74, cert. ef. 2-25-74
1AB 20, f. 10-22-71, cert. ef. 11-15-71
1AB 14, f. & cert. ef. 8-15-68
1AB 10, f. & cert. ef. 2-7-63

Or. Admin. R. 801-010-0060 Credit for Uniform CPA Examination Sections

(1) Exam section requirements.

(a) Certified public accountant candidates are required to pass all four sections of the CPA exam. Candidates who are eligible to take the CPA exam as a certified public accountant candidate are required to pass all sections of the exam and may sit for any of the sections of the computer-based CPA exam individually and in any order. A candidate who fails to pass any section of the exam may retake that section; however, a candidate may not retake a failed section until the score has been released for that section.

(b) Candidates who are eligible to take the CPA exam as a public accountant candidate are required to take and pass the following two sections of the CPA exam within a thirty (30) month window: Financial Accounting and Reporting (FAR), and Regulation (REG).

(2) Credit for CPA exam sections.

(a) Passing Grade . The passing grade for each section of the exam is 75 or higher.

(b) Credit for CPA Exam Sections . A candidate may take the required exam sections individually and in any order. A candidate who fails to pass any section of the exam may retake that section, however, a candidate may not retake a failed section until the score has been released for that section. Each exam section passed is valid for 30 months from the date the score was released from NASBA. All four sections of the exam must be passed within a 30-month period.

(c) The time limitations for a candidate to complete all sections of the CPA exam may be extended by the Board on a case-by-case basis due to illness, accident or other exigent circumstance, and shall be extended during the time a candidate is in active military service. A written request must be received by the Board that includes documentation supporting the request for extension.

(3) Transfer of CPA exam scores from other jurisdictions. The Board allows NASBA to transfer CPA exam scores and grant credit to a candidate who has successfully completed any section of the CPA exam in another jurisdiction if NASBA determines that:

(a) The examination for which credit is requested is the Uniform Certified Public Accountant Examination;

(b) The candidate received a grade of 75 or higher in the section passed; and

(c) A candidate who first sat for the CPA exam after January 1, 2000, and met the educational requirement at the time the section was taken and passed for which grades are requested to be transferred. Candidates must provide NASBA with official transcripts to verify the educational requirements have been met.

(d) An exam score transferred from another jurisdiction is valid for thirty (30) months from the date the exam section was passed.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.050, 673.060 & 673.075
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 5-2023, amend filed 12/29/2023, effective 01/04/2024
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 2-2023, amend filed 06/30/2023, effective 07/01/2023
BOA 1-2023, temporary amend filed 02/13/2023, effective 02/13/2023 through 08/11/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 3-2009, f. 12-15-09, cert. ef. 1-1-10
BOA 4-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 4-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 3-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 5-1998, f. & cert. ef. 7-9-98
AB 5-1995, f. & cert. ef. 8-22-95
AB 4-1994, f. & cert. ef. 9-27-94
AB 3-1994, f. & cert. ef. 8-10-94
AB 1-1994, f. & cert. ef. 1-21-94
AB 4-1991, f. & cert. ef. 7-1-91
1AB 3-1984, f. 12-19-84, ef. 1-1-85
1AB 2-1984, f. & ef. 5-21-84
1AB 3-1982, f. & ef. 4-20-82
1AB 6-1981, f. & ef. 7-27-81
1AB 5-1981, f. & ef. 7-27-81
1AB 3-1980, f. 10-23-80, ef. 12-1-80
1AB 2-1980, f. & ef. 4-8-80
1AB 3-1979, f. & ef. 12-21-79
1AB 11-1978, f. & ef. 12-1-78
1AB 2-1978, f. & ef. 3-21-78
1AB 43, f. & ef. 3-31-77
1AB 41, f. & ef. 12-2-76
1AB 40, f. & ef. 5-5-76
1AB 36, f. 1-28-75, ef. 2-25-75
1AB 35, f. 10-29-74, ef. 11-25-74
1AB 30, f. 9-18-73, ef. 10-1-73
1AB 21, f. 3-2-72, ef. 3-15-72
1AB 19, f. 10-22-71, ef. 11-15-71
1AB 16, f. 1-30-70, ef. 2-25-70
1AB 14, f. 8-15-68
1AB 12, f. 3-30-65

Or. Admin. R. 801-010-0065 Qualifications for Licensure

(1) Requirements . Applicants for the license of Certified Public Accountant must submit the following:

(a) A completed application in a form prescribed by the Board;

(b) Evidence of passing all sections of the CPA exam with a score of 75 or above;

(d) Evidence of both graduation from a college or university that is accredited, and experience as follows:

(A) Show satisfactory evidence that the candidate has obtained a baccalaureate degree and completed the courses referenced in OAR 801-010-0050(3) and has a minimum of 24 months and at least 4,000 hours of supervised employment experience;

(B) Show satisfactory evidence that the candidate has obtained a master’s degree and completed the courses as referenced in OAR 801-010-0050(3) and has a minimum of 12 months and at least 2,000 hours of supervised employment experience; or

(C) Show satisfactory evidence that the candidates has obtained a baccalaureate degree or higher and has completed 150 semester hours or 225 quarter hours of college education that meet the requirements in OAR 801-010-0050(3) and have a minimum of 12 months and at least 2,000 hours of supervised employment experience.

(e) Applicants for the CPA license must obtain the employment experience in each of the seven competencies as described in sections (2) through (4) of this rule.

(f) Except as provided in section six (6) of this rule, the experience, ethics and examination requirements must be obtained and completed within eight years immediately preceding the date the application for license was received at the Board office.

(2) Experience Requirements :

(a) Supervisor Licensee is a person who qualifies under this rule as a supervisor for the purpose of verifying the experience requirement of an applicant for a CPA license under OAR 801-010-0065 or the experience requirement of an applicant for a public accountant license under 801-010-0100.

(b) To qualify as a supervisor licensee the person providing supervision must hold an active CPA license issued by any state or a PA license issued under ORS 673.100 in good standing during the period of supervision and for at least five of the past seven years immediately prior to such supervision. Notwithstanding, a public accountant (PA) may not act as a supervising licensee or verify an applicant’s experience relating to attestation services.

(c) A supervisor licensee must provide direct supervision over an applicant and shall certify to the Board whether or not the applicant has gained qualifying experience under this rule.

(d) “Direct supervision” as used in this rule means that there is a regular and meaningful interaction between the supervisor licensee and the person being supervised in terms of planning, coordinating, guiding, inspecting, controlling, and evaluating activities, and having authority over the employee being supervised. A licensee acting as a consultant or independent contractor to the applicant’s employer will not meet the requirement of direct supervision.

(e) The experience required under ORS 673.040 consists of activities generally performed by Oregon licensed CPAs and PAs engaged in the practice of public accountancy. Experience obtained while performing attest, compilations, financial advisory services or tax advisory services must be performed while employed at a public accounting firm.

(3) Experience requirement . The applicant must develop experience that demonstrates to the satisfaction of the Board that the applicant has achieved each of the following competencies, together with the supervisory licensee verification.

(a) Understanding of the Code of Professional Conduct promulgated and adopted by the Board;

(b) Ability to assess the achievement of a client's objectives by demonstrating knowledge of various business organizations, understanding of the objectives and goals of business entities, ability to develop and analyze performance measures and critical success factors, and understanding of the economic and regulatory trends that affect the environment of a business entity.

(c) Experience in preparing working papers that include sufficient relevant data to support the analysis and conclusions required by the applicant's work.

(d) Understanding transaction streams and information systems, including the ability to understand how individual transactions aggregate at the organizational level, to infer how transactions impact the organization as a whole, and to evaluate the integrity and reliability of various client information systems, including relevant computer aspects.

(e) Skills in risk assessment and verification demonstrated by a sufficient understanding of accounting and other information systems to;

(A) Assess the risk of misstatement in an information system;

(B) Obtain sufficient relevant data based on the risk of misstatement and the nature of the engagement to determine the appropriateness of underlying data in terms of its completeness, existence and occurrence, valuation and allocation, rights and obligations, presentation and disclosures.

(f) Skills in decision making, problem solving, critical analytical thinking, including the ability to evaluate and interpret sufficient relevant data in a variety of engagements and settings.

(g) Ability to express scope of work, findings, and conclusions, including the ability to determine when it is appropriate to issue reports on financial statements, system reliability, or reports expressing scope of work, findings and conclusions.

(4) Qualifying experience . An applicant must demonstrate to the satisfaction of the Board that the portfolio of experience submitted is of sufficient quality and diversity to meet the requirements of this rule. Qualifying experience may be obtained in the following categories:

(a) Attest Experience that demonstrates the competencies prescribed in section (3) of this rule must be obtained while the applicant is:

(A) Employed in public practice on the staff of a certified public accountant or a firm of certified public accountants;

(B) Employed in an organization where employment is equivalent to that described in paragraph (4)(a)(A) of this rule if a peer review is conducted or if such employment is with audit agencies, internal audit departments or other organizations where a peer review is conducted and the audit agency, internal audit department, or other organization is independent of the entity.

(i) Conducting attest-oriented functions where third party reliance is an objective of the report;

(ii) Drafting reports in accordance with professional standards;

(iii) Drafting or evaluating the completeness and accuracy of financial statements with footnotes in accordance with generally accepted accounting principles or applicable reporting framework.

(D) "Third party reliance" as used in this rule means:

(i) Actual third party reliance, such as takes place with respect to the reader of financial statements upon which an audit opinion has been rendered by a public accountant licensed in Oregon or a certified public accountant;

(ii) Audits performed by government agencies, including tax authorities, on organizations which are not subject to management control by the auditing agency; or

(iii) Financial audits performed by independent working groups where the purpose of the audit is reliance by the board of directors on the fairness of the presentation of internally generated financial statements in accordance with generally accepted accounting principles or applicable reporting framework.

(E) Attest experience may be evaluated on a case-by-case basis to ensure that experience meets the criteria of subsections (3)(a) through (g).

(b) Tax Experience that demonstrates the competencies prescribed in section (3) of this rule must be obtained while the applicant is:

(A) Employed in public practice on the staff of a public accountant, a certified public accountant or a firm of public accountants or certified public accountants;

(B) Engaged in employment that is equivalent to that described in paragraph (4)(b)(A) of this rule.

(C) Tax experience related to subsection (3)(a) of this rule will include the practice of tax with integrity, objectivity, independence, professional judgment, due professional care, and professional skepticism.

(D) Tax experience related to subsection (3)(b) of this rule will be in the context of federal and state tax law, federal and state tax regulation, judicial precedence and other technical tax sources applied to a variety of taxable and nontaxable business entities, non-business entities, individuals, families, estates and trusts.

(E) Tax experience related to subsection (3)(c) of this rule will be in the context of records that are clearly organized, complete, cross-referenced and with adequate documentation and support for positions taken or proposed within the context of federal and state tax law, federal and state tax regulations, judicial precedence and other technical tax sources.

(F) Tax experience related to subsection (3)(d) of this rule will be in the context of the application of tax law to various types of transactions both individually and in the aggregate and both actual and proposed.

(G) Tax experience related to subsection (3)(e) of this rule will be in the context of the evaluation of the reasonableness of data provided by clients and the sufficiency and adequacy of the data to support reasonable tax positions and conclusions.

(H) Tax experience related to subsection (3)(f) of this rule will be in the context of identifying tax issues, researching technical guidance, choosing appropriate courses of action and proposing solutions.

(I) Tax experience related to subsection (3)(g) of this rule will be in the context of researching and preparing supporting documents for technical tax positions.

(J) Tax experience may be evaluated on a case-by-case basis to ensure that experience meets criteria of subsections (3)(a) through (g).

(c) Industry, government and not-for-profit experience . Experience that demonstrates the competencies described in section (3) of this rule may also be obtained while the applicant is employed under the direct supervision of a public accountant or certified public accountant as provided under this rule.

(A) Industry experience related to subsection (3)(a) of this rule, will include the practice of accountancy with integrity, objectivity, independence, professional judgment, due professional care and professional skepticism.

(B) Industry experience related to subsection (3)(b) of this rule, will be in the context of assessing the objectives and goals, performance measures, critical success factors and the economic and regulatory trends affecting the applicant’s company and industry.

(C) Industry experience related to subsection (3)(c) will be in the context of documenting an analysis of a financial accountancy issue affecting the applicant’s company from the collection and summarization of financial data to the identification of alternative conclusions such that others of equal training and experience can trace information to source data and draw similar conclusions.

(D) Industry experience related to subsection (3)(d) of this rule will be in the context of understanding the entity's transactions streams and information systems and evaluating the integrity and reliability of the resultant information.

(E) Industry experience related to subsection (3)(e) of this rule will be in the context of evaluating risks of misstated financial data within the applicant’s company and taking action to mitigate those risks.

(F) Industry experience related to subsection (3)(f) of this rule will be in the context of identifying significant data trends and the impact of the trends on the applicant’s company on both a short and long term basis.

(G) Industry experience related to subsection (3)(g) of this rule will be in the context of both written and oral presentation of financial information and related accounting conventions within the applicant’s company that include the significance of the financial information, applicable accounting rules and consideration of alternatives and conclusions drawn.

(H) Industry, government, and not-for-profit experience may be evaluated on a case-by-case basis to ensure that experience meets criteria of subsections (3)(a) through (g).

(d) Experience, other than experience described in subsections (4)(a), (b), and (c) of this rule will be evaluated by the Board on a case-by-case basis to ensure that experience meets the criteria of subsections (3)(a) through (g).

(5) Submitting applications to the Board .

(a) An applicant’s file must be complete in every particular within three months of the date of application or the file will be closed. The application fee is not refundable.

(b) An applicant's file may be included on the agenda of any meeting of the Board if the file is complete in every particular no less than fourteen days prior to the date of a scheduled Board meeting.

(6) If more than eight years have lapsed since an applicant completed and passed all sections of the CPA exam , an applicant may apply for a Certified Public Accountant license as follows:

(a) Submit a completed application on a form provided for by the Board;

(b) Pay an initial application fee as provided for in OAR 801-010-0010(1)(b);

(c) Complete and report 80 CPE hours which must be completed within the 12 month period immediately preceding the date the application for initial licensure is received at the Board office and which are subject to the following:

(A) Credit for programs in non-technical subjects is limited to 16 CPE hours; and

(B) Submit proof of completion certificates for each CPE course submitted; and

(d) Provide proof of passing a Board approved ethics exam with a score of 90 percent or higher within the 12 month period immediately preceding the date the application for initial licensure is received at the Board office (any CPE credit obtained in the course of completing the ethics exam can be applied to the 80 hours of CPE in subsection (c) above); and

(e) Provide proof of completion of supervised public accountancy experience in compliance with the experience requirements as provided for in OAR 801-010-0065.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.040
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 2-2024, amend filed 06/28/2024, effective 07/01/2024
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 3-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 2-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 4-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 3-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 4-2000, f. 8-30-00, cert. ef. 9-1-00
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 3-1999, f. & cert. ef. 3-26-99
BOA 1-1999, f. & cert. ef. 1-20-99
BOA 9-1998, f. & cert. ef. 11-10-98
BOA 5-1998, f. & cert. ef. 7-9-98
BOA 3-1998, f. & cert. ef 6-16-98
BOA 1-1998, f. & cert. ef. 1-26-98
AB 3-1997, f. & cert. ef. 6-5-97
AB 5-1995, f. & cert. ef. 8-22-95
AB 1-1995, f. & cert. ef. 1-25-95
AB 4-1994, f. & cert. ef. 9-27-94
AB 2-1993, f. 1-14-93, cert. ef. 1-15-93
AB 4-1991, f. & cert. ef. 7-1-91
AB 1-1991, f. & cert. ef. 1-2-91
AB 7-1989, f. & cert. ef. 9-11-89
AB 2-1988, f. 3-31-88, cert. ef. 3-30-88
1AB 3-1984, f. 12-19-84, ef. 1-1-85

Or. Admin. R. 801-010-0073 Certification of Applicant’s Experience

(1) Requirement to provide verification of experience.

(a) An applicant is responsible for providing to the Board, written documentation of their experience on an affidavit developed by the Board. The applicant’s supervisor licensee is required to verify the written documentation prepared by the applicant, in a format prescribed by the Board.

(b) A supervisor licensee must not commit any act, which unjustly jeopardizes an applicant's ability to obtain a license in this or any jurisdiction.

(2) The person who directly supervises the applicant's experience must certify to the Board that the applicant's experience is obtained under professional standards approved by the Board of Accountancy, including but not limited to the Statements on Auditing Standards (SAS) for audits or other engagements, Statements on Standards for Tax Services (SSTSs) for tax engagements, or standards of the Financial Accounting Standards Board (FASB) or the Governmental Accounting Standards Board (GASB) or other applicable financial reporting framework for those with experience in Industry, Government, or Not-For-Profit organizations.

(3) Cooperation of supervisor licensee. A supervisor licensee who has verified the applicant's experience must fully cooperate with any Board inquiry pertaining to such certification.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.040
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 3-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 2-2000, f. & cert. ef. 5-31-00
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 6-1998, f. & cert. ef. 7-29-98
BOA 1-1998, f. & cert. ef. 1-26-98
AB 1-1997, f. & cert. ef. 1-28-97
AB 4-1994, f. & cert. ef. 9-27-94
1AB 3-1986, f. & ef. 11-17-86
1AB 3-1984, f. 12-19-84, ef. 1-1-85

Or. Admin. R. 801-010-0075 Public Accountants Applying for Certificate of Public Accountancy

A public accountant licensed in Oregon who is applying for a certified public accountant license must:

(1) Hold an active public accountant license issued under ORS 673.100 that is not revoked, suspended, on probation or lapsed;

(2) Present satisfactory evidence that the candidate has successfully completed one of the pathways described in SB 797 2025 Section 6.

(3) Successfully complete all sections of the CPA exam. Credit may be received for sections of the CPA exam previously completed, and not expired, if the requirements of OAR 801-010-0060 are satisfied; and

(4) Experience requirements under ORS 673.040 and OAR 801-010-0065 are satisfied by experience requirements submitted for public accountant license.

(5) The examination requirements must be obtained and completed within eight years immediately preceding the date the application is received at the Board office.

(6) Licensee must surrender the Public Accountant license issued before the CPA license will be issued.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.040
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 3-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 3-2009, f. 12-15-09, cert. ef. 1-1-10
BOA 4-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 3-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 2-1999, f. & cert. ef. 2-22-99
BOA 4-1998, f. & cert. ef. 6-16-98

Or. Admin. R. 801-010-0079 Experience Obtained in Foreign Countries

Experience obtained by an applicant outside the United States that is claimed to be equivalent to public accountancy experience obtained in the United States may be acceptable under ORS 673.040 provided that the experience meets all of the requirements of OAR 801-010-0065. The applicant's experience must be directly supervised by:

(1) A licensed public accountant or a certified public accountant whose license is valid and in good standing, and who held an active license during the period of supervision and for at least five of the past seven years immediately prior to such supervision and meets the provisions set forth in 801-010-0065(2)(b)(A), or

(2) A chartered accountant licensed by a jurisdiction that is eligible for reciprocal licensing under agreement with the International Qualifications Appraisal Board (IQAB) as described in OAR 801-010-0085, who also meets the following requirements:

(a) The chartered accountant holds a valid license in good standing;

(b) The chartered accountant held an active chartered accountant license during the period of supervision and for at least five of the past seven years immediately prior to such supervision; and

(3) The person who directly supervises the applicant's experience must certify to the Board that the applicant's experience is obtained under professional standards approved by the Board of Accountancy, including but not limited to the Statements on Auditing Standards (SAS) for audits or other engagements, Statements on Standards for Tax Services (SSTSs) for tax engagements, or standards of the Financial Accounting Standards Board (FASB) or the Governmental Accounting Standards Board (GASB) or other applicable financial reporting framework for those with experience in Industry, Government, or Not-For-Profit organizations, or similarly recognized International Standards.

(4) That the applicant’s experience is obtained under professional standards deemed by the Board of Accountancy to be equivalent to experience obtained in the practice of public accountancy in this state.

(5) Applicants for the CPA license must obtain the experience competencies as described in OAR 801-010-0065(3).

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.040
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 3-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 3-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 9-1998, f. & cert. ef. 11-10-98
BOA 5-1998, f. & cert. ef. 7-9-98
AB 4-1997, f. & cert. ef. 7-25-97
AB 1-1997, f. & cert. ef. 1-28-97
AB 4-1994, f. & cert. ef. 9-27-94
AB 1-1994, f. & cert. ef. 1-21-94
AB 5-1993, f. & cert. ef. 8-16-93
AB 5-1990, f. & cert. ef. 8-16-90
1AB 1-1986, f. & ef. 10-1-86
1AB 3-1982, f. & ef. 4-20-82
1AB 34, f. 1-29-74, ef. 2-25-74
1AB 22, f. 3-2-72, ef. 3-15-72
1AB 14, f. 8-15-68

Or. Admin. R. 801-010-0080 Applications by Reciprocity

(1) Individuals who hold a valid CPA license in another state and wish to obtain a license in Oregon must:

(a) Complete an application provided by the Board;

(b) Pay fees specified in OAR 801-010-0010;

(A) That they meet the requirements of substantial equivalency as provided for in S.B. 797 2025 Section 1; or

(B) That the person has been practicing as a certified public accountant for a period of four years or more within the last 10 years immediately preceding the person’s application for an Oregon certified public accountant license

(d) Provide a written statement from the state on which the application is based confirming that the applicant:

(A) Holds a valid license in that state;

(B) Has not been disciplined for violations of that state’s standards of conduct or practice;

(D) Is in compliance with continuing education requirements of the licensing state, and

(E) Has taken and passed an ethics exam with a passing score in their home state.

(e) An applicant’s file must be complete in every particular within three months of the date of application or the file will be closed. The application fee is non-refundable.

(f) Reciprocity applicants must apply for an Oregon CPA license under this section within 60-days from the start date of Practicing Public Accountancy in Oregon.

(2) Verification of National Qualification Appraisal Service comparable licensing standards . The Board reviews the licensing requirements of other states as needed to verify substantial equivalency eligibility. The Board may use information developed by NASBA to make this determination.

History

Statutory/Other Authority: ORS 673.410 & 673.153
Statutes/Other Implemented: ORS 673.040 & 673.153
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 2-2023, amend filed 06/30/2023, effective 07/01/2023
BOA 1-2023, temporary amend filed 02/13/2023, effective 02/13/2023 through 08/11/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 3-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 3-2009, f. 12-15-09, cert. ef. 1-1-10
BOA 2-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 7-2005, f. 11-22-05, cert. ef. 1-1-06
BOA 4-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 3-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 9-1998, f. & cert. ef. 11-10-98
BOA 5-1998, f. & cert. ef. 7-9-98
AB 4-1997, f. & cert. ef. 7-25-97
AB 1-1997, f. & cert. ef. 1-28-97
AB 4-1994, f. & cert. ef. 9-27-94
AB 1-1994, f. & cert. ef. 1-21-94
AB 5-1993, f. & cert. ef. 8-16-93
AB 5-1990, f. & cert. ef. 8-16-90
1AB 1-1986, f. & ef. 10-1-86
1AB 3-1982, f. & ef. 4-20-82
1AB 34, f. 1-29-74, ef. 2-25-74
1AB 22, f. 3-2-72, ef. 3-15-72
1AB 14, f. 8-15-68

Or. Admin. R. 801-010-0085 Holders of Foreign Licenses, Certificates, Credentials or Degrees

(1) The Board recognizes the International Qualifications Appraisal Board (IQAB), a joint body of NASBA and AICPA. IQAB is charged with:

(a) Evaluation of the foreign credential equivalency and professional credentialing process of certified public accounts or their equivalents in countries other than the United States; and

(b) Negotiating principles of Mutual Recognition Agreements (MRAs) with the appropriate professional and/or governmental bodies of other countries seeking recognition as having requirements substantially equivalent to requirements in the United States to qualify for and receive the license of certified public accountant in a NASBA jurisdiction.

(2) The Board shall honor the principles of MRAs issued by IQAB.

(3) An applicant for a certified public accountant license in Oregon who holds a license, credential or degree issued by a foreign country that may fall under the provisions of an MRA recognized by the Board must apply directly to NASBA for a determination of eligibility under the potentially applicable MRA. The applicant must meet the following additional requirements:

(a) Submit a completed application for initial licensure to the Board with payment of the applicable fee.

(b) Supply a certification from NASBA together with the application for initial licensure that the applicant has met applicable provisions of an MRA recognized by the Board, including but not limited to passage of the IQEX (if required under the MRA), and any restrictions on practice in the United States.

(4) An applicant for a certified public accountant license in Oregon who holds a license, credential or degree issued by a foreign country that is claimed to be comparable to a license issued by the Board, or an applicant who holds a certificate or license issued by the licensing body of any state or US Territory that is based upon the certificate, credential or degree granted by a foreign country that is not recognized under any IQAB Mutual Recognition Agreement is required to meet the following requirements:

(a) Satisfy the educational requirement under ORS 673.050 for admission to the CPA exam;

(b) Pass all sections of the CPA exam required by ORS 673.060;

(d) Complete and pass an ethics exam that has been adopted by the Board.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.040 & 673.060
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2014, f. 2-14-14, cert. ef. 3-1-14
BOA 3-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 4-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 4-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 3-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 6-1998, f. & cert. ef. 7-29-98
AB 5-1995, f. & cert. ef. 8-22-95
AB 4-1994, f. & cert. ef. 9-27-94
AB 1-1994, f. & cert. ef. 1-21-94
1AB 2-1986, f. & ef. 10-15-86

Or. Admin. R. 801-010-0090 Servicemember, Spouse or Domestic Partner Practice Permit

(1) If a servicemember or the spouse or domestic partner of a servicemember has a covered license as defined in section (3) of this rule and relocates residence because such servicemember receives military orders for military service in Oregon, such covered license shall be considered valid for the scope of practice in Oregon if such servicemember, spouse or domestic partner submits to the Oregon Board of Accountancy an application described in section (2).

(2) An application described in this subsection includes the following:

(a) Proof of military orders described in section (1).

(b) If the applicant is the spouse or domestic partner of a servicemember, a copy of the marriage certificate.

(A) The applicant is the person described and identified in the application;

(B) All statements made in the application are true and correct and complete;

(C) The applicant has read and understands the requirements to receive a license, and the scope of practice, of the Oregon Board of Accountancy;

(D) The applicant certifies that the applicant meets and shall comply with requirements described in subparagraph (C);

(E) The applicant is in good standing in all States in which the applicant holds or has held a license; and

(F) The applicant holds a covered license as defined in section (3).

(3) The term "covered license" means a professional license that, with respect to a scope of practice, that:

(a) Is in good standing with the licensing authority that issued such license;

(b) Has not been revoked or had discipline imposed by any State;

(d) Has not been voluntarily surrendered while under investigation for unprofessional conduct in any State.

(4) A person qualified for authorization to practice under this rule is not required to apply under this rule and may apply for any other applicable form of licensure for which they qualify.

(5) A permit issued under this rule is valid for the duration of the military orders and will expire based on the date of the military orders as long as the covered license is maintained active and in good standing. A person authorized to practice under this rule is responsible for providing the Board the military orders ending military service in Oregon.

History

Statutory/Other Authority: ORS 673.410 & ORS 673.153
Statutes/Other Implemented: ORS 673.410 & ORS 673.153
BOA 1-2026, adopt filed 01/29/2026, effective 02/01/2026

Or. Admin. R. 801-010-0100 Public Accountant Licenses

(1) Application requirements . Applicants for the license of public accountant must submit the following:

(a) A completed application on a form as provided from the Board;

(b) Evidence of passing the Financial Accounting and Reporting, Taxation and Regulation sections of the CPA exam with a score of 75 or higher;

(d) Evidence of experience obtained after passing the required portions of the CPA exam as required by ORS 673.100. This experience must be at least one year, which means having a minimum of 12 months and at least 2,000 hours of supervised employment.

(e) The experience and examination requirements must be obtained and completed within eight years immediately preceding the date of application for license.

(f) An applicant’s file must be complete in every particular within three months of the date of application or the file will be closed. The application fee is non-refundable.

(2) Experience requirements.

(a) Applicants must meet the experience requirements described in OAR 801-010-0065(2) & (3).

(b) The experience required under ORS 673.100 consists of activities generally performed by Oregon licensed CPAs and PAs engaged in public practice. Typical public practice experience for a Public Accountant includes tax return preparation, compiling financial statements, and financial advisory services. Experience obtained by an applicant for a Public Accountant license must be performed while employed at a public accounting firm.

(3) Public Accountant practice restrictions. Licensed public accountants who qualified for the CPA exam after January 1, 2002 are not permitted to perform audits.

History

Statutory/Other Authority: ORS 673.410 & 673.100
Statutes/Other Implemented: ORS 673.100, 673.150 & 673.103
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 3-2009, f. 12-15-09, cert. ef. 1-1-10
BOA 2-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 3-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 1-1999, f. & cert. ef. 1-20-99
BOA 1-1998, f. & cert. ef. 1-26-98
AB 4-1994, f. & cert. ef. 9-27-94
1AB 3-1984, f. 12-19-84, ef. 1-1-85
1AB 4-1982, f. & ef. 5-21-82
1AB 41, f. & ef. 12-2-76
1AB 9, f. 6-24-60

Or. Admin. R. 801-010-0110 Renewal of License

(1) Unless properly renewed, active, inactive and retired licenses that end in even numbers expire on June 30 of even-numbered years and licenses that end in odd numbers expire on June 30 of odd-numbered years. To renew an active, inactive or retired license, the license holder must:

(a) Submit the current renewal form published by the Board, fully completed and received no later than June 30 of the year in which the license expires. Applications that are submitted after June 30 must include a late fee described in OAR 801-010-0010;

(b) Pay the renewal fee specified in OAR 801-010-0010; and

(c) If applying for renewal of an active or inactive license, provide evidence that the applicant has satisfied the continuing education requirements as provided in OAR 801-040-0010.

(2) An active, inactive or retired licensee that does not renew by June 30 of the year in which the license expires shall not hold out in any way as a CPA or PA nor can they practice public accounting until the license is renewed. An active, inactive or retired license that is not renewed within 60-days after the close of the license period for which it was issued will lapse. An active, inactive or retired licensee whose license has lapsed shall not hold out in any way as a CPA or PA nor can they practice public accounting until the license is reinstated. Lapsed licensees may not hold ownership interest in a registered CPA or PA firm.

(3) The Board will pro-rate a licensee’s initial license fee in six month increments, depending on the date of issuance.

(4) The Board will pro-rate the continuing education requirements for licensee’s first renewal.

(5)The Board may waive the renewal fee if an initial CPA/PA license is issued in May or June of the year in which the license is due for renewal.

History

Statutory/Other Authority: ORS 673.410 & 673.410
Statutes/Other Implemented: ORS 673.150
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 2-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 4-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 3-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
AB 1-1995, f. & cert. ef. 1-25-95
AB 4-1994, f. & cert. ef. 9-27-94
AB 3-1994, f. & cert. ef. 8-10-94
AB 5-1993, f. & cert. ef. 8-16-93
AB 4-1991, f. & cert. ef. 7-1-91
AB 3-1991, f. & cert. ef. 4-10-91
1AB 4-1981, f. & ef. 6-17-81

Or. Admin. R. 801-010-0115 Resignation of License by Licensee

(1) Resigning licenses that are not the subject of pending complaints or Board investigations. A certified public accountant or public accountant may resign and surrender a license, by submitting a written resignation, together with the original certificate or license issued to the Board office. All resignations are effective upon the Board’s receipt of the written resignation and certificate. In the event that a person wishes to reapply for a license to practice public accountancy after such a resignation, the person will be required to meet all requirements for initial licensure of ORS Chapter 673 and OAR chapter 801.

(2) Resigning licensees that are the subject of pending complaints or Board investigation. If a licensee is the subject of a complaint filed with the Board or a Board investigation, or if disciplinary proceedings are pending against a licensee, the resignation by such licensee shall be treated as and deemed to be a revocation for cause. A resignation under this section is not effective unless and until approved by the Board. A licensee who resigns under this section will be required to provide written notification to all clients of the effective date of resignation, together with a copy of the Final Order and provide the Board with a list of addresses of each client notified. A licensee may also be required to secure advance approval by the Board of any written notice of resignation to clients under this section.

(a) The Board may refuse to accept a resignation under this provision if the written resignation does not include a written acknowledgment by the resigning licensee of the following:

(A) That the licensee is required to return the CPA or PA wall certificate and wallet license card to the Board.

(B) That the licensee has knowledge of any pending investigation or disciplinary proceedings and does not wish to contest or defend the matter.

(C) If required by the Board, that the licensee has provided written notice of resignation under this section to all clients and informed all clients of where client records and work papers will be stored and of the clients’ right to secure copies of all such records and work papers at no cost to the client.

(D) A resigning licensee of a registered firm is required to give written notice to only those firm clients for which the resigning licensee was the sole or primary CPA on an engagement, an engagement leader or the client relationship manager.

(E) That the licensee agrees to comply with any and all terms or conditions imposed by the Board.

(b) Unless otherwise expressly provided by the Board in writing, a resignation under this section will be treated as a revocation for cause and reflected accordingly in Board records and communications.

(c) The licensee understands that, in the event the licensee submits a subsequent application to be licensed to practice public accountancy, the licensee shall not be entitled to a reconsideration or re-examination of the facts, complaints, or instances of misconduct upon which investigations or disciplinary proceedings were pending at the time of the resignation.

(d) Upon any subsequent application to practice public accountancy, the licensee must meet all requirements of ORS Chapter 673 and OAR chapter 801 and reinstatement of a license following resignation under this provision is discretionary with the Board.

(3) Requirements upon resignation. Upon resignation, a former licensee is required to:

(a) Surrender the CPA certificate or PA license to the Board;

(b) Take all reasonable steps to avoid foreseeable harm to any client, including but not limited to providing written notice of resignation under this section to all clients and inform all clients of where client records and work papers will be stored and of the clients’ right to secure copies of all such records and work papers at no cost to the client;

(c) Maintain client records per OAR 801-030-0030 for a period of at least seven years, notify clients of the location of their records for collection or return such records to the client; and

(d) Continue to comply with the requirements of OAR Chapter 801 Division 030 pertaining to confidential information and client records.

(e) For the purpose of subsection (b) above and unless otherwise required by the Board, a resigning licensee of a registered firm is required to give written notice to only those firm clients for which the resigning licensee was the sole or primary CPA on an engagement, an engagement leader, or the client relationship manager.

(4) Unless otherwise ordered by the Board, any pending investigation or disciplinary proceeding shall be closed upon acceptance of the licensee’s resignation under subsection (2) above.

(5) Formal acceptance by the Board of a resignation is not required unless the licensee is currently or has been the subject of a complaint or disciplinary investigation.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.410
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 3-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 2-2008, f. 12-30-08, cert. ef. 1-1-09
BOA 4-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 3-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
AB 2-1996, f. & cert. ef. 9-25-96

Or. Admin. R. 801-010-0119 Retired Licensee Status

(1) An Oregon CPA or PA licensee that is not expired, revoked or suspended can apply for retired status when that licensee has held an active CPA or PA license in good standing for a combined period of not less than 20 years.

(2) A Retired Licensee cannot:

(a) Practice public accountancy; or

(b) Hold an ownership interest in a registered CPA or PA firm.

(3) A Retired Licensee can:

(a) Volunteer or provide pro bono tax services so long as there is no compensation or remuneration of any kind offered or paid; or

(b) Be employed by a public accounting firm, performing any work that someone without a CPA or PA license is entitled to perform in a public accounting firm. The work of a retired licensee must be supervised by an active Oregon licensee.

(4) Application for Retired Status :

(a) An application for retired status must be made on a form provided by the Board and must be accompanied by a fee prescribed by OAR 801-010-0010.

(b) An applicant for retired status must hold at the time of application an Oregon CPA or PA license that is not expired, revoked or suspended.

(c) An applicant for retired status must provide sufficient evidence to the Board that the applicant has held an active CPA or PA license in good standing for a combination of 20 years.

(d) If an applicant for retired status works for a CPA firm, PA firm or Sole Practitioner the applicant must:

(A) Certify to the Board that the retired status licensee does not perform any work that someone without a CPA or PA license is not entitled to perform in a public accounting firm; and

(B) Provide the name, contact information and license number of the Oregon active licensee supervising the retired status licensee.

(5) Renewal Requirements . A licensee granted retired status must renew in accordance with OAR 801-010-0110 and if working in a CPA firm, PA firm or for a Sole Practitioner, certify on the renewal form:

(a) That they have not preformed any work that someone without a CPA or PA license is not entitled to perform in a public accounting firm; and

(b) Provide the name, contact information and license number of the Oregon active licensee supervising the retired status licensee.

(6) CPE . Retired licensees are not required to obtain or report CPE.

(7) Retired Licensees Use of CPA or PA Designation. A licensee who is granted retired status cannot use the CPA or PA designation unless the word “Retired” is used in conjunction with designation, such as “CPA Retired,” and the term retired is listed in the same font size as CPA or PA.

(8) Reinstatement . A licensee in retired status will be permitted to reinstate to retired, active or inactive status in accordance with the provisions in OAR 801-010-0130.

(9) Reporting Requirements . In addition to any other reporting requirements required for licensees, retired licensees must notify the Board within thirty days of:

(a) Initiating employment with a CPA firm, PA firm or Sole Practitioner;

(b) Any changes of employment with a CPA firm, PA firm or Sole Practitioner; or

History

Statutory/Other Authority: ORS 673.150 & ORS 673.220
Statutes/Other Implemented: ORS 673.410
BOA 1-2026, adopt filed 01/29/2026, effective 02/01/2026

Or. Admin. R. 801-010-0120 Inactive Licensee Status

(1) An Oregon CPA or PA that is not expired, suspended or revoked can apply for inactive status.

(2) An Inactive Licensee cannot:

(a) Practice public accountancy;

(b) Hold an ownership interest in a registered CPA or PA firm; or

(3) An Inactive Licensee not working in a CPA or PA firm can practice public accountancy for their employer as follows:

(a) In private industry or government as a staff accountant, CFO or similar position;

(b) The inactive licensee can only practice public accountancy for their employer; and

(4) Application for Inactive Status :

(a) An application for inactive status must be made on a form provided by the Board and must be accompanied by a fee prescribe by 801-010-0010.

(b) An applicant for inactive status must hold at the time of application an Oregon CPA or PA license that is not expired, revoked or suspended.

(A) Provide the name of the CPA firm, PA firm or Sole Practitioner where the applicant works; and

(B) Certify to the Board that if granted inactive status the applicant will not practice public accountancy including services involving the use of accounting or attestation skills, issuance of reports on financial statements, management advisory, financial advisory, consulting services, preparation of tax returns or the furnishing of advice on tax or tax planning matters.

(5) Renewal Requirements . A licensee who is granted inactive status must renew in accordance with OAR 801-010-0110 and if the inactive licensee works for a CPA firm, PA firm or Sole Practitioner, the inactive licensee must:

(a) Provide the name of the CPA firm, PA firm or Sole Practitioner where the inactive licensee works; and

(b) Certify to the Board that the inactive licensee does not practice public accountancy including services involving the use of accounting or attestation skills, issuance of reports on financial statements, management advisory, financial advisory, consulting services, preparation of tax returns or the furnishing of advice on tax or tax planning matters.

(6) Reinstatement to Active Status . An inactive licensee can reinstate to inactive, active status in accordance with OAR 801-010-0130.

(7) Inactive Licensees Use of CPA or PA Designation . A licensee who is granted inactive status shall not use the CPA or PA designation unless the word “Inactive” is used in conjunction with the designation, such as “CPA Inactive,” and the term inactive is listed in the same font size as CPA or PA.

(8) CPE . Inactive Licensees must comply with CPE requirements as provided for in OAR 801-040-0010.

(9) Reporting Requirements . In addition to any other reporting requirements required for licensees, inactive licensees must notify the Board within thirty days of initiating employment with a CPA firm, PA firm or sole practitioner.

History

Statutory/Other Authority: ORS 673.410 & 673.220
Statutes/Other Implemented: ORS 673.220
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 3-2009, f. 12-15-09, cert. ef. 1-1-10
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
AB 2-1996, f. & cert. ef. 9-25-96
AB 2-1995, f. & cert. ef. 3-22-95
AB 4-1994, f. & cert. ef. 9-27-94
AB 1-1994, f. & cert. ef. 1-21-94
AB 4-1991, f. & cert. ef. 7-1-91
AB 5-1989, f. & cert. ef. 8-2-89
1AB 2-1986, f. & ef. 10-15-86

Or. Admin. R. 801-010-0121 Ability of Inactive and Retired Status Licensees to Serve as Trustee of a Trust or a Court Appointed Receiver, Trustee, Guardian, Conservator, or Personal Representative of an Estate.

Notwithstanding the limitations set forth above, inactive and retired status licensees may serve without compensation as a trustee for a trust, or as a court appointed receiver, trustee, guardian, conservator, or personal representative/executor of an estate; provided, however, the licensee must comply with all fiduciary duties and responsibilities of the position and cannot perform attestation work for the entity or individual for which the service is provided.

History

Statutory/Other Authority: ORS 673.150 & ORS 673.220
Statutes/Other Implemented: ORS 673.410
BOA 1-2026, adopt filed 01/29/2026, effective 02/01/2026

Or. Admin. R. 801-010-0130 Reinstatement Requirements: Lapsed, Suspended, Retired or Inactive to Active Status.

(1) CPE Requirements applicable to all reinstatements.

(a) CPE taken for reinstatement purposes must comply with the CPE requirements in Division 40 of the Board’s CPE rules, including but not limited to contributing to the licensee’s professional competence and relevancy to their practice as required by OAR 801-040-0030(1).

(b) Upon reinstatement, licensee shall complete CPE requirements described in these rules on a pro rata monthly basis, including the month of reinstatement, until the end of the renewal period in which reinstatement occurs.

(2) Lapsed licenses . Licenses that are not properly renewed shall lapse. Lapsed licensees are not permitted to practice public accounting or work at a public accounting firm. A Lapsed license may be reinstated to active, inactive or retired status. To reinstate to active status an individual holding a lapsed license must:

(a) Provide a detailed written description of the business and professional activities of the individual during the period of lapse, and indicate whether the individual was holding out as a CPA or PA during the period of lapse;

(b) Submit an application for reinstatement on a form provided by the Board;

(c) Submit payment of the application fee and the active renewal fee for each renewal period that the license was lapsed;

(d) Complete and report 80 CPE hours including 4 hours of ethics;

(e) Submit proof of completion certificates no older than 24 months from the date of the reinstatement application for each CPE course supporting the application for reinstatement.

(f) Credit for programs in non-technical subjects is limited to 16 CPE hours.

(3) Reinstatement from Lapsed Status to Inactive Status :A person who is lapsed may apply to reinstate the license to inactive status by:

(a) Submitting an application for reinstatement on a form provided by the Board;

(b) Paying the application and the inactive renewal fee for the renewal period in which the application is submitted;

(c) Providing a detailed written description of the business and professional activities of the individual during the period of lapse, and indicating whether the individual was holding out in any way as a CPA or PA during the period of lapse; and

(d) Completing and submitting 32 hours of CPE including 4 hours of ethics CPE with proof of completion certificates for CPE courses taken within 24 months immediately preceding the date the reinstatement application is received at the Board office.

(e) Credit for programs in non-technical subjects is limited to 8 CPE hours.

(4) Reinstatement from Lapsed status to Retired Status: A person who is lapsed may apply to reinstate to retired status by:

(a) Submitting an application for reinstatement on a form provided by the Board;

(b) Paying the application and retired renewal fee for the renewal period in which the application is submitted; and

(5) A license that is lapsed for more than six years or three renewal periods expires and cannot be reinstated. If a license has expired the person can:

(a) Elect to take and pass the CPA exam and apply for initial licensure. A person who elects this option must meet the requirements of OAR 801-010-0050, 801-010-0060, and 801-010-0065;

(b) If the person is licensed in another state the person can submit a reciprocity application as outlined in OAR 801-010-0080; or

(6) Inactive Status licenses reinstating to Active Status . To reinstate a license from inactive status to active status, the holder of such license shall:

(a) Submit an application for reinstatement on a form provided by the Board together with payment of the application fee and active license fee;

(b) Provide a detailed written description of the business and professional activities of the individual during the period of inactive status, and indicate whether the individual was holding out as a CPA or PA during the period of inactive status; and

(c) Complete and report 80 hours of CPE including 4 hours of ethics CPE completed within the 24 month period immediately preceding the date the application for reinstatement is received at the Board office, together with proof of completion certificates for all hours reported.

(d) Credit for programs in non-technical subjects is limited to 16 CPE hours.

(7) Reinstatement from Retired Status to Inactive Status :A retired status licensee may apply to reinstate the license to inactive status by:

(a) Submitting an application for reinstatement on a form provided by the Board together with payment of the application fee and inactive license fee;

(b) Providing a detailed written description of the business and professional activities of the individual during the period of retired status, and indicating whether the individual was holding out as a CPA or PA during the period of retired status; and

(c) Completing and submitting 32 hours of CPE including 4 hours of ethics CPE with proof of completion certificates that were taken within 24 months immediately preceding the date the reinstatement application is received at the Board office.

(d) Credit for programs in non-technical subjects is limited to 8 CPE hours.

(8) Reinstatement from Retired Status to Active Status :A retired status licensee may apply to reinstate the license to active status by:

(a) Submitting an application for reinstatement on a form provided by the Board together with payment of the application fee and active license fee;

(c) Submitting 80 hours CPE including a minimum of 4 hours of ethics CPE, completed within the 24 month period immediately preceding the date the application for reinstatement is received at the Board office, together with proof of completion certificates for all hours reported.

(d) Credit for programs in non-technical subjects is limited to 16 CPE hours.

(9) Reinstatement of Suspended licenses . To reinstate a license that is suspended under ORS 673.170 to active status, the holder of such license shall:

(a) Provide evidence of satisfaction or completion of all terms and conditions stated in the order suspending the license;

(b) Provide a detailed written description of the business and professional activities engaged in by the suspended licensee during the period of suspension and certify that the suspended licensee was not holding out or otherwise representing him/herself as a CPA or PA during the period of suspension;

(d) Submit payment of the application fee and the active renewal fee for each renewal period that the license was suspended;

(e) Complete and report the appropriate CPE hours as follows:

(A) If the license has been suspended for less than two years, complete and report 80 CPE hours plus a 16-hour CPE penalty, which must be completed within the 12 month period immediately preceding the date the reinstatement application is received at the Board office together with proof of completion certificates; or

(B) If the license has been suspended two years or more, complete and report 160 CPE hours plus a 16-hour CPE penalty, which must be completed within the 12 month period immediately preceding the date the reinstatement application is received at the Board office together with proof of completion certificates;

(D) Credit for programs in non-technical subjects is limited to 16 CPE hours.

(f) The holder of a suspended license shall remain in suspended status until the holder’s application for reinstatement has been approved by the Board.

(10) License holders in other jurisdictions . Licensees who hold an active license to practice public accountancy issued under the laws of another jurisdiction, whose principal place of business is in such other jurisdiction, and who wish to reinstate an Oregon license to active status must:

(a) Submit a reinstatement application provided by the Board along with evidence that the applicant holds a valid license to practice public accountancy issued by another jurisdiction; and

(b) Submit payment of the reinstatement application fee stated in OAR 801-010-0010(1)(d) together with the renewal application fee stated in OAR 801-010-0010(3)(a).

(11) 20 Hour Minimum annual CPE requirement for active status permits . Licensees whose licenses are reinstated under this rule to active status are required to meet the 20 hour minimum annual CPE requirement on a pro-rated basis as described in OAR 801-040-0100(1)(b).

History

Statutory/Other Authority: ORS 673.410 & 673.220
Statutes/Other Implemented: ORS 673.220
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 2-2024, amend filed 06/28/2024, effective 07/01/2024
BOA 1-2024, temporary amend filed 01/02/2024, effective 01/04/2024 through 07/01/2024
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 2-2020, minor correction filed 02/19/2020, effective 02/19/2020
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 3-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
AB 2-1995, f. & cert. ef. 3-22-95
AB 3-1994, f. & cert. ef. 8-10-94
1AB 2-1986, f. & ef. 10-15-86

Or. Admin. R. 801-010-0140 Restoration of an Expired Permit

(1) A permit that is not renewed for six years after the close of the permit period expires pursuant to ORS 673.150(3). The Board may restore an expired permit upon determination of just cause pursuant to ORS 673.150(4). The determination of just cause is in the discretion of the Board.

(2) The Board may determine that an expired permit can be restored for just cause when a person with an expired permit submits the following:

(a) A completed application to request to restore an expired permit on a form provided for by the Board;

(b) A fee in the amount of $990;

(c) Complete and report 80 CPE hours which must be completed within the 12 month period immediately preceding the date the application for a restored permit is received at the Board office and is subject to the following:

(A) Credit for programs in non-technical subjects is limited to 16 CPE hours;

(B) Complete and report four CPE hours in ethics; and

(D) CPE hours used for restoration of an expired permit cannot be claimed on a renewal application.

(d) Proof of passing a Board approved ethics exam with a score of 90 percent or higher; and

(e) Proof of completion of one year of supervised public accountancy experience within 3 years immediately preceding the date the application for a restored permit is received at the Board office. The one year of experience must comply with the experience requirements as provided for in OAR 801-010-0065(2) - (4).

History

Statutory/Other Authority: ORS 673.150 & 673.410
Statutes/Other Implemented: ORS 673.150
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 2-2024, adopt filed 06/28/2024, effective 07/01/2024

Or. Admin. R. 801-010-0170 Publication of Disciplinary Action

The Board in its discretion will publicize disciplinary action taken under ORS 673.170 in such manner and for such period as it may direct.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.170
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
AB 4-1994, f. & cert. ef. 9-27-94
AB 4-1991, f. & cert. ef. 7-1-91
1AB 9, f. & cert. ef. 6-24-60

Or. Admin. R. 801-010-0340 Non-CPA and Non-PA Ownership of Business Organizations

(1) Requirements of non-CPA or non-PA ownership . The ownership of a business organization, defined in ORS 673.010 and registered as a firm under ORS 673.160 and OAR 801-010-0345, that is lawfully engaged in the practice of public accountancy in this state may include owners who are not licensed as certified public accountants or public accountants if the following conditions are met:

(a) Licensed certified public accountants and public accountants shall, in the aggregate, directly or beneficially, hold ownership of more than half of the equity capital and a majority of voting rights;

(b) If the business organization has its principal place of business in this state and performs public accountancy services in this state, licensees under the provisions of ORS 673.150 or 673.100 shall, in the aggregate, directly or beneficially, hold ownership of more than half of the equity capital and a majority of voting rights;

(c) The business organization shall designate in writing a license holder under ORS 673.150 who shall be responsible for the management and registration of the business organization in this state;

(d) A license holder under ORS 673.150 shall have ultimate responsibility for each financial statement, review and/or attestation service engagement performed in this state;

(e) Non-licensee owners shall be material participants in the business of the firm or an entity affiliated with the firm;

(f) Non-licensee owners may be natural persons or legal entities provided that each ultimate beneficial owner of an equity interest in such entity shall be a natural person who materially participates in the business conducted by the firm.

(g) A non-licensee owner can be an employee stock ownership plan.

(h) Non-licensee owners must not hold themselves out as certified public accountants or public accountants and must not have a license in Oregon or any other jurisdiction that has been suspended or revoked for disciplinary reasons.

(i) Inactive, lapsed, suspended, revoked, and retired licensees may not hold an ownership interest in a registered CPA or PA firm.

(j) Business organizations with non-CPA or non-PA ownership that are registered under OAR 801-010-0345 must comply with the requirements for peer review as provided in ORS 673.455 if such business organization performs attestation services or compilation services.

(k) For purposes of this rule, "material participation" means an activity that is regular, continuous and substantial.

(2) Registration . A business organization with non-licensee ownership that is registered in this state under OAR 801-010-0345 must certify at the time of registration and at each renewal that the business organization is in compliance with the provisions of this rule.

(3) Request for extension . If the licensee ownership of a registered business organization whose principal place of business is in this state does not meet the requirements of section (1) of this rule because of a death or other unforeseen circumstance, the business organization may request an extension of 180 days, or until the next renewal period, whichever is longer, for the business organization to meet such requirement.

(4) CPA designation . A business organization, of which the majority ownership is held by individuals licensed as public accountants under ORS 673.100, must not use the term "CPA firm" or any similar name that would indicate that a majority of the owners of the firm hold CPA certificates issued under ORS 673.040.

History

Statutory/Other Authority: ORS 673.410 & 673.160
Statutes/Other Implemented: ORS 673.160
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 3-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 2-2007, f. 12-27-07 cert. ef. 1-1-08
BOA 3-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 1-1998, f. & cert. ef. 1-26-98
AB 4-1994, f. & cert. ef. 9-27-94
AB 4-1991, f. & cert. ef. 7-1-91
AB 5-1990, f. & cert. ef. 8-16-90
1AB 3-1982, f. & ef. 4-20-82
1AB 29, f. 4-25-73, ef. 5-15-73
1AB 18, f. 11-25-70, ef. 12-25-70

Or. Admin. R. 801-010-0345 Registration of Business Organizations

(1) Requirement to register as a firm . A business organization organized for the practice of public accountancy that is located in Oregon or serving Oregon clients, must register with the Board as a firm if the business organization:

(a)Uses the terms "certified public accountant," "CPA," "public accountant" or "PA," or any derivation of such terms;

(b) Holds out to clients or to the public that the business organization is in any way engaged in the practice of public accountancy;

(d) Is located in Oregon and performs attestation, or compilation services, as defined by these rules.

(2) Registration of sole proprietors. A business organization organized as a sole proprietorship, a professional corporation, a limited liability company, or other form of business entity authorized by statute, and comprised of a single license holder under ORS 673.150, is required to register as a firm if the business organization engages in any attestation or compilation work.

(3) Out of State Firms. Firms that are not located in Oregon but serve Oregon clients must comply with the registration requirements in (1) above if the firm performs any of the following services:

(a) Attestation engagements.

(b) Engagements for which performance standards are included in the auditing standards of the Public Company Accounting Oversight Board (PCAOB)

(c) Out of State firms that are required to register under the criteria in (3) above, must provide to the Board: the name, license number, and contact information for the person who is a license holder under ORS 673.150 or meets the substantial equivalency requirements of ORS 673.153, and that is responsible for supervising attestation services and signs or authorizes someone to sign the accountant’s report on the financial statements on behalf of the business organization.

(4) Application requirements.

(a)A business organization that is required to be registered as a firm in Oregon must submit a Firm Registration Application provided by the Board and accompanied by the appropriate fee, stated in OAR 801-010-0010.

(b) In the event a registered firm changes its form of business to a different entity type, a new firm registration application must be completed.

(A) Name of the firm;

(B) Identification by name and by certificate number of each CPA and PA who is associated with, or is employed by the business organization and serves Oregon clients;

(C) Identification by name and by percentage of ownership of all individuals who have an ownership interest in the business organization. Licensees who do not hold an Oregon license must provide the name and licensing information relating to the jurisdiction in which they are licensed;

(D) The physical address of every office and branch office in this state;

(E) A list of the states in which the business organization is currently authorized to practice public accountancy;

(F) Notice of every denial, revocation, practice restriction, limitation or probation, lapse or suspension of authority to perform any type of public accountancy services or other disciplinary action that is or has been issued by any jurisdiction against the firm or any Oregon licensee associated with the business organization; and

(G) A letter showing proof of enrollment in Peer Review if the firm intends to perform attestation, review or compilation services in this state. Upon request, the firm shall provide a copy of the firm’s two most recent peer review reports, acceptance letters, response letters and completion letters.

(H) Confirmation of registration is required if the firm has a physical location in Oregon and is required by the Oregon Secretary of State Business Registry Office to be registered.

(5) Firms with non-CPA and non-PA ownership. In addition to the information required under section (4) of this rule, business organizations with non-CPA or non-PA owners that are required to register as a firm must provide evidence to the satisfaction of the Board that the business organization satisfies the requirements of OAR 801-010-0340 with the application for initial registration and with each registration renewal.

(6) Issuance of firm registration . The Board shall, upon receipt of an application that satisfies all the requirements of these rules and payment of the registration fee, issue a certificate of registration, which shall remain in effect until December 31 of the odd-numbered year following the date of such registration. The business organization shall:

(a) Renew the firm registration on or before December 31 of each odd-numbered year by submitting a completed renewal form provided by the Board, together with the appropriate registration renewal fee. The Board may waive the renewal fee if an initial firm registration is issued in November or December of the year in which the registration is due for renewal.

(b) Business organizations subject to registration that fail to renew a registration by the end of the month following the close of the renewal period (January 31), will be terminated. Firms may be reinstated by submitting a reinstatement application together with the required renewal fee plus any applicable penalties to the Board office.

(c) Notify the Board in writing of any change in the firm name, firm ownership or the entity type within 30 days of such change. Firms that have an entity change must submit an initial firm registration application with the Board office.

(d) In addition to the notice that is required upon application and for each renewal of the firm registration under section (4) of this rule, business organizations are required to provide written notice to the Board pursuant to OAR 801-030-0020(2).

(e) Display the letter of registration issued by the Board in a conspicuous place at the principal office of the firm.

(f) An out of state firm that is required to register in Oregon must notify the Board in writing within 30 days if the firm opens an office in Oregon.

(7) Form of Practice. A licensee may practice public accountancy in a business organization as defined in ORS 673.010 that is organized in accordance with statutory provisions.

(a) Non-CPA or non-PA ownership. A licensee may form a business organization with a non-licensee for the purpose of engaging in the practice of public accountancy in accordance with the provisions of ORS 673.160 and OAR 801-010-0340.

(b) Notwithstanding subsection (5) of this rule, any certified public accountant or public accountant whose license to practice public accountancy has been suspended or revoked for disciplinary reasons in any jurisdiction may not participate as a non-licensee owner in a business organization required to be registered under ORS 673.160. Licensees who hold an inactive, retired, or lapsed status license are not permitted to hold ownership or partnership status in an Oregon firm.

(A) Every branch office located in this state shall be managed by a licensee holding a Oregon license. An Oregon licensee must be designated as responsible for managing the office, staff and services rendered to the public.

(B) The location of each branch office in Oregon shall be reported to the Board at the time of application for registration as a firm and with each renewal application, together with a statement that each branch office meets the requirements of OAR 801-010-0345(7)(c)(A).

(d) Internet Practice . Licensees or firms using the CPA or PA title to perform or solicit services via a website, are required to include information on the website naming the state(s) in which each CPA or PA is licensed to perform public accounting services, or provide a name and contact information for an individual who will respond within seven business days to inquiries regarding individual licensee information. Information required to be posted by this rule must be posted clearly visible and prominently displayed on the homepage.

(8) Firm Names

(a) False and misleading firm names:

(A) A public accounting firm shall not offer or provide public accounting services using a firm name that is misleading as to the legal entity or organization of the firm, as to the owners or employees of the firm.

(B) A firm name shall not include false or misleading language about the business organization of the firm, the nature of the services provided, and the number of licensees associated with or working for the firm or the identity of individual members of the firm. Except as provided in paragraphs (D) and (E) of this subsection, a firm name shall not include information about or indicate an association with, individuals who are not members of the firm.

(C) A firm name shall include words or abbreviations required by the laws under which the business organization is organized to identify the form of business organization or legal entity being used by the firm.

(D) A firm name may be composed of the names of one or more past partners, shareholders, owners, or members of the business organization or its successor, so long as the past partner, shareholder, owner or member:

(i) Is not actively engaged in the practice of public accountancy as a sole proprietor in the same market area, and

(ii) Approves in writing of the continued use of such name. Approval given by a licensee for the continued use of licensee’s name may be withdrawn by the licensee, in writing and shall allow a reasonable period of time for the firm to withdraw such name.

(E) A partner, shareholder, owner, or member surviving the death or withdrawal of all other partners, shareholders, owners, or members may continue to practice under the firm name provided that the firm meets the requirements stated in this rule.

(b) Singular firm names . The use by a certified public accountant or public accountant in individual practice of the individual's full legal name in the singular form, followed by the title "Certified Public Accountant," "Public Accountant," "CPA" or "PA" is not misleading.

(A) The use by a firm of a plural title or designation, including words like "and company," “associates” and "accountants," is not misleading if, in addition to the names of persons included in the firm name, the firm has at least one additional partner, shareholder, owner, or member, or employs at least one staff person (excluding independent contractors), who works a minimum of 20 hours per week, who is licensed to practice public accountancy under ORS 673.150 or under ORS 673.153 and whose permit is not revoked, suspended, lapsed, retired or inactive.

(B) A firm using a plural name that ceases to qualify for use of a firm name under (A) shall:

(i) Cease using the plural name and so notify the Board in writing; or

(ii) Notify the Board in writing within 30 days of non-compliance. Such firm shall have 90 days in which to employ a licensed staff person as required under paragraph (A) of this subsection. The firm shall provide written notice to the Board when the firm has employed the required licensed staff person.

(d) Assumed business names.

(A) A firm name that does not include the designations "PC", "LLC", "LP", or "LLP" to indicate the form of legal entity through which the practice of public accountancy is being conducted, or that does not include the full legal name of every owner of such business organization, shall be filed as an assumed business name with the Corporations Division of the Office of the Secretary of State. A copy of the registration of the assumed business name shall be provided to the Board with the application for registration as a firm and with every renewal application.

(B) An assumed business name that is registered with the Corporate Division of the Office of the Secretary of State may be composed in whole or in part of initials. Such abbreviated firm name shall not spell a word or form an acronym that may be misleading to the public. Every assumed business name shall meet the requirements of paragraph (8)(a)(B) of this rule.

(e) Notice to Board. A business organization registered as a firm under ORS 673.160 shall provide written notice to the Board within 30 days of any change of firm name, firm address, firm ownership, or change in the form of operating entity.

History

Statutory/Other Authority: ORS 673.410 & 673.160
Statutes/Other Implemented: ORS 673.160
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 3-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 3-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 3-2009, f. 12-15-09, cert. ef. 1-1-10
BOA 2-2008, f. 12-30-08, cert. ef. 1-1-09
BOA 2-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 4-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 4-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 2-1998, f. & cert. ef. 3-30-98
AB 1-1994, f. & cert. ef. 1-21-94
AB 6-1993(Temp), f. 11-2-93, cert. ef. 11-4-93

Division 20 MUNICIPAL AUDITS

Or. Admin. R. 801-020-0620 Bidding and Contracting for Municipal Audits

(1) Municipal Roster. The Oregon Board of Accountancy is authorized by ORS 297.670 to prepare and maintain the Municipal Roster of licensees who are authorized to conduct municipal audits required by ORS 297.425.

(2) Requirement for firm registration. Municipal audits required by ORS 297.425 may only be conducted through a Firm registered under the provisions of ORS 673.160.

(3) Licensees authorized to bid and contract for municipal audits. The following licensees who are admitted to the Municipal Roster may bid and contract for municipal audits in accordance with ORS 297.465:

(a) A licensed CPA who is a sole proprietor and registered under ORS 673.160;

(b) A licensed PA under ORS 673.100 who passed the audit section of the CPA Exam as a requirement for licensing and who is registered under ORS 673.160;

(4) Firms authorized to bid and contract for municipal audits. Bids, contracts and municipal audits may be issued in the name of a Firm under the following circumstances:

(a) A licensee who is a member of a Firm, and who is on the Municipal Roster, may bid, contract or issue municipal audits in accordance with ORS 297.465 under the name of such Firm if all owners of the Firm are on the municipal roster; or

(b) A Firm that has at least one member who is on the Municipal Roster may bid, contract or issue municipal audits in the name of the Firm only if the contract and the related audit report are both signed in the name of the Firm by the member who is on the Municipal Roster.

(c) For purposes of this rule, “member” means a partner, shareholder, or owner of the firm. Any other licensee, including an independent contractor, office sharer or licensee working for or with a firm on a limited basis is not a member.

(5) Except as provided in this rule, no person may bid, contract or otherwise offer to issue or issue an audit under ORS 297.405 to 297.555.

History

Statutory/Other Authority: ORS 297.670, 297.680 & 297.740
Statutes/Other Implemented: ORS 297.680
BOA 6-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 5-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 4-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 5-2000, f. 12-7-00, cert. ef. 1-1-01
AB 1-1994, f. & cert. ef. 1-21-94
AB 6-1993(Temp), f. 11-2-93, cert. ef. 11-4-93
AB 3-1993, f. 1-14-93, cert. ef. 1-15-93
AB 3-1992, f. & cert. ef. 2-18-92
AB 2-1991, f. & cert. ef. 2-28-91
Reverted to 1AB 15, f. 4-23-69
AB 1-1988(Temp), f. 2-17-88, cert. ef. 2-22-88
1AB 15, f. 4-23-69
1AB 8, f. 8-17-54

Or. Admin. R. 801-020-0690 Qualifications for Admission to Municipal Roster

(1) Eligibility . The following licensees are eligible to apply for admission to the municipal roster:

(a) Individuals holding an active CPA permit issued under ORS 673.150;

(b) Individuals holding an active PA license issued under ORS 673.100 prior to January 1, 2002;

(c) Individuals holding an active PA license issued under ORS 673.100 who were licensed after January 1, 2002 and who passed the audit section of the CPA Exam as a requirement of licensing; or

(d) Individuals with an active CPA license issued by another jurisdiction that is recognized by the Board and who have authority to practice public accountancy in Oregon under ORS 673.153.

(2) Application Requirements . Qualified applicants for admission to the municipal roster must meet the following requirements:

(a) The applicant must be a licensee in good standing with the Oregon Board or with the jurisdiction in which the applicant is licensed if a municipal-only authorization is sought through substantial equivalency;

(b) Every application shall be on a form provided by the Board and shall be accompanied by fee prescribed by OAR 801-010-0010; and

(c) The application, signed by the applicant, shall constitute an agreement between the applicant and the Board that the applicant will comply with the provisions of the Municipal Audit Law, ORS 297.405 through 297.555 and OAR Chapter 801 Division 020.

(d) Applications for the municipal auditor license must be completed within 3 months from the date the application was received in the Board office.

(3) Grounds for Denial . In addition to the specific grounds stated in ORS 673.170(2), the Board may deny admission or reinstatement to the municipal roster if:

(a) The applicant has not complied with the requirements of OAR 801-020-0620;

(b) The applicant has committed any act or engaged in conduct that reflects adversely on the licensee's fitness to practice public accountancy; or

(A) Committed any act or engaged in conduct that would cause a reasonable person to have substantial doubts about the applicant's honesty, fairness and respect for the rights of others or for any law.

(B) Committed any act or conduct that resulted in a criminal conviction, other than a crime described in ORS 673.170(2)(h) or (i), will not be used to deny admission to the municipal roster unless such act or conduct is rationally connected to the applicant's fitness to practice public accountancy.

(4) Initial CPE Requirements. The applicant shall demonstrate to the satisfaction of the Board that, within the two year period immediately preceding the date of application to the municipal roster, the applicant completed 40 CPE hours of Level 1 (basic) or Level 2 (intermediate) education in the following subjects, including at least 4 hours in each subject:

(a) Audits of state and local governmental units;

(b) Governmental accounting and financial reporting standards;

(d) Audits of federal programs including OMB Uniform Guidance and other authoritative sources;

(e) Oregon Local Budget Law; and

(f) Minimum standards of audits and reviews of Oregon municipal corporations.

(5) CPE Credit. The 40 hours of education required for admission to the municipal roster may be included in the 80 hours of CPE required for renewal of the CPA/PA permit.

(6) Approval. When an application to the municipal roster is approved, the Board shall:

(a) Notify the applicant in writing that the application is approved;

(b) Enter the applicant's name on the municipal roster; and

History

Statutory/Other Authority: ORS 297.670, 297.680 & 297.740
Statutes/Other Implemented: ORS 297.680
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 4-2009, f. 12-15-09 cert. ef. 1-1-10
BOA 6-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 5-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 4-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 5-2000, f. 12-7-00, cert. ef. 1-1-01
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 5-1999, f. & cert. ef. 7-23-99
AB 2-1997, f. & cert. ef. 3-10-97
AB 1-1996, f. & cert. ef. 1-29-96
AB 4-1994, f. & cert. ef. 9-27-94
AB 1-1994, f. & cert. ef. 1-21-94
AB 6-1993(Temp), f. 11-2-93, cert. ef. 11-4-93
AB 5-1992, f. & cert. ef. 8-10-92
AB 3-1992, f. & cert. ef. 2-18-92
AB 4-1988, f. & cert. ef. 10-28-88
Reverted to 1AB 32, f. 9-18-73, ef. 10-1-73
AB 1-1988(Temp), f. 2-17-88, cert. ef. 2-22-88
1AB 32, f. 9-18-73, ef. 10-1-73
AB 8, f. 8-17-54

Or. Admin. R. 801-020-0700 Qualifications for Continuance on Roster

(1) Renewal. The renewal of authorization to conduct municipal audits is accomplished with the licensee's biennial renewal. Licensees who wish to renew authorization to conduct municipal audits must include the following information with the biennial renewal application:

(a) A statement that the licensee wishes to renew authority to conduct municipal audits;

(b) Payment of the municipal auditor renewal fee described in OAR 801-010-0010; and

(2) Continuing CPE Requirement. Licensees admitted to the municipal roster are required to complete 24 hours of CPE in subjects directly related to the governmental environment and governmental auditing during each renewal period. The required number of CPE hours for renewal may include CPE programs of any level (basic, intermediate, advanced or updates). At least 16 of the 24 CPE hours required must be in one or more of the following subjects:

(a) Audits of state and local governmental units;

(b) Governmental accounting and financial reporting standards and updates;

(d) Single Audit Act and related circulars and supplements published by the Government Accountability Office, Office of Management and Budget;

(e) Oregon Local Budget Law; or

(f) Minimum standards of audits and reviews of Oregon municipal corporations.

(3) Limitation. No more than 8 of the 24 required hours may be in courses relating to generally accepted auditing standards and procedures. Courses that make up the 8 hours described herein may include such topics as current developments in audit methodology, assessment of internal controls and statistical sampling.

(4) CPE credit. The 24 hours of CPE required for renewal of municipal audit authority may be included in the 80 hours of CPE required for renewal of the CPA/PA permit. During the first renewal period after appointment to the municipal roster, the 24 hour CPE requirement shall be prorated at one (1) CPE hour per month.

(5) The Board will pro-rate a license’s first municipal auditor renewal fee in six month increments, depending on the date of issuance.

History

Statutory/Other Authority: ORS 297.670, 297.680 & 297.740
Statutes/Other Implemented: ORS 297.680
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 5-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 5-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 5-2000, f. 12-7-00, cert. ef. 1-1-01
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 1-1998, f. & cert. ef. 1-26-98
AB 2-1996, f. & cert. ef. 9-25-96
AB 4-1994, f. & cert. ef. 9-27-94
AB 3-1992, f. & cert. ef. 2-18-92
AB 4-1990, f. & cert. ef. 7-17-90
AB 4-1988, f. & cert. ef. 10-28-88

Or. Admin. R. 801-020-0720 Removal, Suspension and Reinstatement to the Municipal Roster

(1) Removal . Licensees may be removed from the municipal roster for the following reasons:

(a) Failure to pay the biennial fee required by OAR 801-020-0700;

(b) Failure to complete the required CPE described in OAR 801-020-0700; or

(d) Licensees whose CPA/PA permits lapse as described in OAR 801-010-0130, or who fail to renew the authorization to conduct municipal audits as described in OAR 801-020-0720 shall be removed from the municipal roster.

(2) Suspension . Licensees may be suspended from the municipal roster for:

(a) Failure to comply with the provisions of the Oregon Municipal Audit Law, ORS 297.405 through 297.555; or

(b) Any of the reasons stated as grounds for denial in OAR 801-020-0690(3).

(3) Reinstatement . Licensees who wish to be reinstated to the municipal roster are required to hold an active CPA/PA permit in good standing.

(a) Two years or less . A licensee seeking to be reinstated to the municipal roster within the two year period following the date such licensee was removed from the roster is required to:

(A) Pay the appropriate fee stated in OAR 801-010-0010; and

(B) Complete and report 24 hours of CPE as described in OAR 801-020-0700. , plus a 16-hour CPE penalty.

(b) More than two years . A licensee seeking to be reinstated to the municipal roster more than two years after the date such licensee was removed from the roster is required to:

(A) Pay the appropriate fee stated in OAR 801-010-0010; and

(B) Meet the requirements for initial admission to the municipal roster described in OAR 801-020-0690.

(c) Suspension . Approval of reinstatement applications submitted by licenses who are suspended from the municipal roster, or whose CPA or PA permit has been suspended by the Board of Accountancy, is subject to the discretion of the Board. Licensees under this section are required to:

(A) Meet all conditions and terms of the suspension order;

(B) Pay the appropriate fee stated in OAR 801-010-0010;

(D) Complete and report a 16-hour CPE penalty.

(d) CPE requirements for reinstatement . All CPE hours required for reinstatement to the municipal roster, including CPE penalty hours, must be in subjects directly related to the governmental environment and governmental auditing and must be completed within two years preceding the date of the reinstatement application.

History

Statutory/Other Authority: ORS 297.670, 297.680 & 297.740
Statutes/Other Implemented: ORS.297.680 & 297.710
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 8-2005, f. 11-22-05, cert. ef. 1-1-06
BOA 5-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 4-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 5-2000, f. 12-7-00, cert. ef. 1-1-01
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 6-1998, f. & cert. ef. 7-29-98
AB 2-1996, f. & cert. ef. 9-25-96
AB 4-1994, f. & cert. ef. 9-27-94
AB 3-1993, f. 1-14-93, cert. ef. 1-15-93
AB 5-1992, f. & cert. ef. 8-10-92
AB 3-1992, f. & cert. ef. 2-18-92
AB 4-1988, f. & cert. ef. 10-28-88, Renumbered from 801-020-0710
AB 1-1988(Temp), f. 2-17-88, cert. ef. 2-22-88
1AB 32, f. 9-18-73, cert. ef. 10-1-73
AB 8, f. & cert. ef. 8-17-54

Division 30 CODE OF PROFESSIONAL CONDUCT

Or. Admin. R. 801-030-0005 Professional Conduct

(1) Independence. The Board adopts the Independence Rules in the Code of Professional Conduct established by the AICPA. The AICPA Interpretations and Ethics Rulings on Independence are adopted as non-exclusive guidance to licensees, prospective licensees, the Board and members of the public. Licensees who perform services that are subject to independence standards promulgated by other regulatory or professional standard setting bodies, agencies and organizations, including but not limited to the Securities and Exchange Commission, the General Accounting Office and the US Department of Labor, or other similarly recognized international bodies must also comply with those standards applicable to the services provided.

(2) Integrity and objectivity .

(a) In all aspects of public accounting and the practice of public accountancy, a licensee shall maintain objectivity and integrity, shall be free of conflicts of interest, and shall not knowingly misrepresent facts or subordinate the licensee's judgment to the judgment of others.

(b) In tax practice, however, a licensee may resolve doubt in favor of the client as long as there is reasonable support for the client's position.

(c) When accepting new employment or a new engagement, a licensee shall not use confidential client information in a manner that is adverse to a former client. Confidential client information is any information communicated to or obtained by the licensee from a client or employer that relates to services rendered by the licensee to the client or employer.

(d) The Board adopts the Integrity and Objectivity Rules in the Code of Professional Conduct established by the AICPA. The AICPA Interpretations and definitions are adopted as a non-exclusive list to provide guidance to licensees, prospective licensees, the Board, and members of the public.

(e) When a licensee represents two clients at the same time and becomes reasonably aware of divorce proceedings, the licensee must obtain a signed conflict of interest waiver from both clients.

(3) Commissions and referral fees. Certified public accountants, public accountants and firms in the practice of public accountancy are permitted to pay and receive commissions and referral fees subject to the requirements of ORS 673.345 and this rule.

(a) Notice to the Board. Licensees and Firms who receive or pay commissions or referral fees shall report this fact on the application for biennial renewal of the license/registration.

(b) Related licensure/registration . Prior to accepting commissions, licensees shall acquire and maintain in good standing any license or registration required by another governmental or private standard-setting body for the purpose of receiving commissions. Examples of licensing requirements include, but are not limited to, the following:

(A) Oregon Department of Consumer and Business Services;

(B) National Association of Securities Dealers;

(D) Oregon Appraiser Certification and Licensure Board.

(c) Prohibited commissions and referral fees . A certified public accountant, public accountant or firm engaged in the practice of public accountancy shall not recommend or refer to a client any product or service, or recommend or refer any product or service to be supplied by a third party to a client, in exchange for the payment, acceptance of a commission or referral fee when the licensee or firm also performs any of the following listed services for that client:

(A) An attestation engagement as defined in OAR 801-005-0010(6); or

(B) A compilation of a financial statement if the compilation report does not disclose a lack of independence between the client and the certified public accountant.

(d) Application of prohibitions . The prohibitions in this rule apply:

(A) When the holder of a permit or any partner, officer, shareholder, member, manager or owner of the firm performs the services listed in this rule, and

(B) During the period in which the certified public accountant, public accountant or firm is engaged to perform any of the services listed in this rule, including the period(s) subject of the report and the period covered by any historical financial statements involved in the listed services.

(e) Disclosure requirements . A certified public accountant, public accountant or firm engaged in the practice of public accountancy who is not prohibited by this rule from paying or receiving a commission or referral fee and who is paid or expects to be paid a commission or referral fee, shall disclose that fact to any client to whom the commission or referral fee relates.

(A) A copy of each disclosure shall be provided to the client prior to the time the product or service that is the basis of the fee is recommended, referred or sold, or prior to the time the client retains the licensee to whom the client has been referred and for which the fee or other valuable consideration will be paid.

(B) A copy of the disclosure shall be retained by the certified public accountant, public accountant or firm for a period of at least six years after the licensee performs any services for the client.

(C) In the event of continuing engagements or a series of related transactions involving similar products or services with the same client, one written disclosure may cover more than one recommendation, referral or sale so long as the disclosure is provided at least annually and is not misleading.

(D) Disclosures under this rule shall:

(i) Be in clear and legible writing, in no less than 12 point font (if typed) and provided on a separate form that is acknowledged in writing by the client with the client's signature and date of acknowledgement;

(ii) State the amount of the commission or referral fee or the basis on which the payment will be calculated;

(iii) Identify the source of the payment and the relationship between the source of the payment and the person receiving the payment; and

(iv) Specify the services to be performed by the Licensee for the compensation to be received by the licensee.

(f) Transactions not prohibited. This rule does not prohibit the following transactions:

(A) Payments for the purchase of all or a material part of an accounting practice;

(B) Retirement payments to persons formerly engaged in the practice of public accountancy or payments to the heirs or estates of such persons; or

(C) Payments, including incentive or bonus payments, to employees or members of an accounting firm as compensation for their services.

(g) Audit of disclosure requirements. Licensees are subject to audits conducted by the Board or its designee to determine licensee compliance with the provisions of this rule. Licensees shall, upon request, furnish to the Board copies of disclosure records required under this rule.

(4) Contingent fees. Certified public accountants, public accountants, and firms in the practice of public accountancy may perform professional services for a client in exchange for a contingent fee subject to the requirements of ORS 673.345 and this rule.

(a) Notice to the Board . Licensees and firms who receive contingent fees in exchange for professional services shall report this fact on the application for biennial renewal of the license/registration.

(b) Prohibited contingent fees .

(A) A certified public accountant, public accountant, or firm in the practice of public accountancy may not perform professional services for a client in exchange for a contingent fee when the certified public accountant, public accountant or firm also performs any of the following listed services for that client:

(i) An attestation engagement as defined in OAR 801-005-0010(6); or

(ii) A compilation of a financial statement if the compilation report does not disclose a lack of independence between the client and the licensee.

(B) A certified public accountant, public accountant, or firm in the practice of public accountancy may not prepare an original or amended tax return or a claim for a tax refund for any client in exchange for a contingent fee.

(c) Application of prohibitions . The prohibitions stated in paragraph (4)(b)(A) of this rule apply during the period in which the licensee or the licensee's firm is engaged to perform any of the services listed in this rule and during any period covered by any historical or prospective financial statements involved with or related to such services.

(d) Requirement for written agreement . Every agreement to perform services in exchange for a contingent fee shall be in writing and shall be signed by the client.

(A) A copy of the agreement shall be provided to the client prior to the time the client retains the licensee for the service or prior to the time that the service that is subject to the agreement is performed.

(B) Agreements under this rule shall:

(i) Be in clear and legible writing in no less than 12 point font (if typed);

(ii) Include the signatures of all parties and date of each signature; and

(iii) State the amount of the contingent fee or the basis on which the fee will be calculated.

(C) A copy of the agreement shall be retained by the certified public accountant, public accountant, or firm for a period of at least six years after the licensee performs the disclosed services for the client.

(e) Contingent fee transactions not prohibited . Fees are not contingent if fixed by courts or other public authorities, or in tax matters if such fees are determined based on the results of judicial proceedings or the findings of governmental agencies.

(f) Audit of contingent fee agreements. Licensees are subject to audits conducted by the Board or its designee to determine licensee compliance with the provisions of this rule. Licensees shall, upon request, furnish to the Board copies of contingent fee agreements required under this rule.

(5) Improper use of CPA and PA designation .

(a) Non-public accounting business . Licensees engaged in a business or occupation other than the practice of public accountancy or performance of attestation services may use the "CPA" or "PA" designation in oral or other communications such as business cards, stationery or comparable forms if the use of the designation does not indicate in any way that the licensee is authorized to perform public accountancy or attestation services as part of the licensee's other business or occupation.

(b) Commissions or contingent fees. Licensees shall not engage in any activity for which the licensee receives commissions or contingent fees while holding out to the public as a CPA or PA, except as provided under sections (3) and (4) of this rule.

(A) A non-licensee owner of a business organization registered in Oregon under the provisions of ORS 673.160(4) shall not use any name or title that indicates or suggests that such owner is a certified public accountant or public accountant. This does not preclude a non-licensee owner from using the title "principal," "partner," "officer," "member" or "shareholder" to describe the ownership interest in the business organization.

(B) A business organization that includes non-licensee owners shall not use a firm name that includes both the name of a non-licensee owner and the title or designation for "certified public accountant", "public accountant", or any other words or description that would imply that the non-licensee owner included in the firm name is authorized to provide public accounting services.

History

Statutory/Other Authority: ORS 673.410 & OL 2001 ch 313
Statutes/Other Implemented: ORS 673.160, 673.320 & 673.345
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 5-2023, amend filed 12/29/2023, effective 01/04/2024
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 3-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 9-2005, f. 11-22-05, cert. ef. 1-1-06
BOA 6-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 5-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 1-2001(Temp), f. & cert. ef. 7-9-01 thru 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 6-1998, f. & cert. ef. 7-29-98
AB 2-1996, f. & cert. ef. 9-25-96
AB 2-1995, f. & cert. ef. 3-22-95
AB 4-1994, f. & cert. ef. 9-27-94
AB 1-1978, f. & ef. 1-11-78

Or. Admin. R. 801-030-0010 General and Technical Standards

(1) General Standards . Licensees shall comply with the following general standards.

(a) Professional Competence. Licensees shall undertake only those professional services that the licensee or the licensee’s firm can reasonably expect to be completed with professional competence.

(b) Due Professional Care . Licensees shall exercise due professional care in the performance of professional services.

(d) Sufficient Relevant Data . Licensees shall obtain sufficient relevant data to afford a reasonable basis for conclusions or recommendations in relation to any professional services performed.

(e) The Board adopts the General Standards and the compliance with the General Standards sections of the AICPA Code of Professional Conduct. The AICPA interpretations and definitions of these sections are adopted as non-exclusive guidance to licensees, prospective licensees, the board, and members of the public.

(2) Auditing standards. A licensee shall not permit the licensee's name to be associated with financial statements in such a manner as to imply that the licensee is independent with respect to such financial statements unless the licensee has complied with applicable generally accepted auditing standards. Statements on Auditing Standards issued by the AICPA, and other pronouncements having similar generally recognized authority, are considered to be interpretations of generally accepted auditing standards, and departures must be justified when such standards are not followed.

(3) Accounting principles.

(a) Responsibility of Licensees in Public Accounting . A licensee shall not express an opinion that financial statements are presented in conformity with generally accepted accounting principles if such financial statements contain any departure from such accounting principles which has a material effect on the financial statements taken as a whole, unless the licensee can demonstrate that by reason of unusual circumstances, the financial statements would otherwise have been misleading. In such a case, the licensee's report must describe the departure, the approximate effects thereof, if practicable, and the reasons why compliance with the principle would result in a misleading statement. For purposes of this rule, generally accepted accounting principles are defined by pronouncements issued by the Financial Accounting Standards Board and its predecessor entities and similar pronouncements issued by other entities having similar generally recognized authority, including International Financial Reporting Standards promulgated by the International Accounting Standards Board.

(b) Responsibility for the Reporting on financial statements in conformity with GAAP. A person who holds an active or inactive license shall not state affirmatively that financial statements or other financial data of an entity are presented in conformity with generally accepted accounting principles (GAAP) if such statements or data contain any departure from an accounting principle promulgated by the Financial Accounting Standards Board and its predecessor entities and similar generally recognized authority that has a material effect on the statements or data taken as a whole, including International Financial Reporting Standards promulgated by the International Accounting Standards Board.

(c) Departures from Established Accounting Principles. There is a strong presumption that adherence to officially established accounting principles would in nearly all instances result in financial statements that are not misleading. There may be unusual circumstances where literal application of pronouncements on accounting principles would have the effect of rendering financial statements misleading. In such cases the proper accounting treatment is that which will render the financial statements not misleading. The question of what constitutes unusual circumstances is a matter of professional judgment involving the ability to support the position that adherence to a promulgated principle would be regarded by a reasonable person as producing a misleading result.

(4 ) Tax standards. Licensees shall not perform tax planning services, recommend tax return positions or prepare or sign tax returns (including amended returns, claims for refund and information returns) filed with any taxing authority unless the licensee has complied with Statements on Standards for Tax Services issued by the Tax Executive Committee of the American Institute of Certified Public Accountants and with United States Department of Treasury Circular No. 230.

(5) Other professional standards . Licensees, in the performance of consulting services or accounting and attest services, shall conform to the professional standards applicable to such services. For purposes of this rule such professional standards are considered to be defined by Statements on Consulting Services and Statements for Accounting and Review Services, respectively, in each instance issued by the AICPA, and by similar pronouncements by other entities having generally recognized authority.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.410
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 2-2014, f. 1-15-14, cert. ef. 1-8-15
BOA 3-2007, f. 12-27-07 cert. ef. 1-1-08
BOA 3-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 5-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
AB 4-1994, f. & cert. ef. 9-27-94
AB 3-1989, f. & cert. ef. 1-25-89
AB 1-1978, f. & ef. 1-11-78

Or. Admin. R. 801-030-0015 Confidential Client Information

(1) Confidential client information . A licensee will not disclose any confidential client information unless the licensee has obtained the written consent of the client, or others legally authorized to give such consent on behalf of the client.

(2)(a) Permitted disclosures . Subsection (1) of this rule will not apply when:

(A) When disclosure is required by the standards of the public accountancy profession;

(B) When disclosure is required by a court order;

(D) Disclosure is in response to an investigation by the Board or other regulatory agency;

(E) Disclosure is in response to peer review; or

(F) Disclosure is in response to an insurance carrier of a licensee in connection with a claim.

(G) Except as provided for in OAR 801-030-0040.

(b)The Board and committee members will not disclose confidential client information that comes to its attention from licensees involved in disciplinary proceedings or otherwise in carrying out its official responsibilities, unless allowable as stated in (a) of this subsection.

(c)This prohibition will not restrict Board staff in the exchange of information with any investigative or disciplinary body.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.410
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 3-2007, f. 12-27-07 cert. ef. 1-1-08
BOA 3-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 9-2005, f. 11-22-05, cert. ef. 1-1-06
BOA 1-2005, f. 1-26-05, cert. ef. 2-1-05
BOA 6-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 5-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
AB 4-1994, f. & cert. ef. 9-27-94
1AB 2-1984, f. & ef. 5-21-84
AB 1-1978, f. & ef. 1-11-78

Or. Admin. R. 801-030-0020 Other Responsibilities and Practices

(1) Professional misconduct .

(a) A licensee shall not commit any act or engage in any conduct that reflects adversely on the licensee's fitness to practice public accountancy.

(b) Professional misconduct may be established by reference to acts or conduct that would cause a reasonable person to have substantial doubts about the individual's honesty, fairness and respect for the rights of others or for the laws of the state and the Nation. The acts or conduct in question must be rationally connected to the person's fitness to practice public accountancy.

(c) A licensee shall not act in a way that would cause the licensee to be disciplined for violation of laws or rules on ethics by a federal or state agency or by any jurisdiction for the practice of public accountancy.

(d) Professional Misconduct may be established by violation of a disciplinary order by a federal or state agency or by any jurisdiction for the practice of public accountancy.

(e) Professional Misconduct may be established by failure to comply with any settlement agreement issued by the Board.

(f) A licensee shall not engage in acts of gross negligence including, but not limited to:

(A) Failure to disclose a known material fact which is not disclosed in the financial statements, but disclosure of which is necessary to make the financial statements complete or not misleading, or

(B) Failure to report any known material misstatement which appears in the financial statements.

(2) False or Misleading Statements on any Board Application . By signing any Board application, the Candidate, Applicant, Licensee or Registered Firm certifies to the truth and accuracy of all statements provided on application and supplemental documents. False or misleading statements or supplementary documents shall be a violation.

(3) Reporting requirements.

(a) Licensee must notify the Board within 45 days of:

(A) Resolution of any civil action against a licensee that relates to professional services and business operations involving an Oregon licensee or Oregon clients;

(B) Initiation of any regulatory action against the licensee;

(D) Any inquiry into the licensees conduct through a professional organization; or

(E) Resolution of any professional organization inquiry.

(b) Licensees must notify the Board within 10 days of:

(A) Initiation of any criminal investigation against the licensee; or

(B) Resolution of any criminal investigation against the licensee.

(A) Resolution of any civil action against the Firm that relates to professional services, business operations or practices of the registered firm in Oregon;

(B) Resolution of any civil action against any Oregon licensee affiliated with the firm that relates to professional services, business operations or practices of the registered firm in Oregon;

(D) Resolution of any regulatory action against the firm;

(E) Initiation of any regulatory action against any Oregon licensee affiliated with the firm;

(F) Resolution of any regulatory action against any Oregon licensee affiliated with the firm;

(G) Any inquiry into an Oregon firms conduct through a professional organization; or

(H) Resolution of any inquiry of an Oregon firm from a professional organization.

(d) Firm must notify the Board within 10 days of :

(A) Initiation of any criminal investigation against the Firm;

(B) Resolution of any criminal investigation against the Firm; or

(i) Oregon licensee

(ii) Oregon Partner

(iii) Oregon Owner

(e) Licensees and Firms must provide the following information to the Board when reporting any of the events above:

(A) Name of the regulatory agency, court or professional organization;

(B) Title of matter;

(D) Date of occurrence of the event;

(E) Name of any legal representatives involved;

(F) Statement of the facts; and

(G) Copies of relevant documents, including but not limited to, regulatory notice, civil complaint, criminal charging document, and any settlement documents.

(f) The reporting requirements set forth in this rule may not be not negated by the terms of a non-disclosure agreement or court protective order.

(g) The notices required by this rule shall be signed by the person or persons against whom the regulatory action, civil action and/or criminal investigation or action is raised. If the regulatory action, civil action, or criminal investigation or action is against a registered firm only, the notice(s) must be signed by an authorized Oregon partner or owner of the firm.

(4) Verification of experience for CPA or PA applicants . Licensees who supervise the work experience of CPA or PA applicants for the purpose of verifying the applicant's eligibility under ORS 673.040 shall provide to the Board an accurate and complete certificate of experience for the applicant. Licensees who provide any certificate of experience for an applicant shall not:

(a) Make any false or misleading statement as to material matters in any certificate of experience, or

(b) Commit any act that would unjustly jeopardize an applicant’s ability to obtain a certificate in this or any other jurisdiction.

(5) Acting through others.

(a) A licensee shall not permit others to perform any acts on behalf of the licensee, either with or without compensation, which, if performed by the licensee would place the licensee in violation of the Code of Professional Conduct.

(b) A licensee shall not ratify, endorse, facilitate, solicit, plan or otherwise assist another licensee to violate any Board law or rule.

(c) A licensee is bound by the Board laws and rules notwithstanding that the licensee acted at the direction of another person. A subordinate licensee does not violate this rule if the licensee acts in accordance with a supervisory licensee’s reasonable resolution of an arguable question of professional duty.

(6) Public communications and advertising . A licensee shall not use or participate in the use of any form of public communication, including the use of internet domains, e-mail names, advertising or solicitation by direct personal communication, having reference to the licensee's professional services that contains a false, fraudulent, misleading, or deceptive statement or claim. A false, fraudulent, misleading, or deceptive statement or claim includes, but is not limited to, a statement or claim that:

(a) Includes a misrepresentation of fact;

(b) Is intended or likely to mislead or deceive because it fails to disclose relevant facts;

(d) Falsely states or implies educational or professional attainments or licensing recognition;

(e) Falsely states or implies that the licensee has received formal recognition as a specialist in any aspect of the practice of public accountancy;

(f) Falsely represents that professional services can or will be competently performed for a stated fee, or misrepresents fees for professional services by failing to disclose all variables affecting the fees that will in fact be charged; or

(g) Contains other representations or implications of fact that would cause a reasonable person to misunderstand or be deceived.

(7) Professional designations. A licensee shall not represent that the licensee is a member of any professional society, association, organization or an association of firms, or that the licensee has a correspondent relationship with another licensee unless the representation is true at the time it is made or published.

(8) Board communications and investigations.

(a) Communications from the Board to licensees shall be sent by first class mail or certified mail and addressed to the licensee at the last official address or the alternate address furnished to the Board by the licensee.

(b) Licensees who receive any Board communication requesting the licensee to provide a written response shall:

(A) Provide a written response to the Board within 21 days of the date the Board communication was mailed; and

(B) Respond fully and truthfully to inquiries from and comply with all Board requests.

(c) The Board of Accountancy shall provide written notice to licensees of complaints filed against the licensee and of any Board investigation that affects the licensee. Licensees who receive notice of a complaint investigation:

(A) Shall cooperate fully with all Board investigations, including any request to appear to answer questions concerning such investigations; and

(B) Shall not engage in any conduct or activity that would hinder or obstruct a Board investigation.

(9) Business transactions with clients .

(a) Except for business transactions that occur in the ordinary course of business, licensees shall not enter into a business transaction with a client if the licensee and client have differing interests therein unless the client has consented in writing to the transaction after receiving full written disclosure of the differing interests from the licensee. Both written disclosure and client’s written consent shall be made prior to the time the business transaction is accepted.

(b) A loan transaction between a licensee and a client does not require disclosure under this rule if the client is in the business of making loans of the type obtained by the licensee and the loan terms are not more favorable than loans extended to other persons of similar credit worthiness and the transaction is not prohibited by other professional standards.

(10) Notification of change of address, employer or assumed business name . Licensees are required to maintain a current record with the Board of the information described in this rule, and to provide written notice to the Board of any change in such information within 30 days of such change. Written notice required under this rule may be provided by US mail, private delivery service, fax transmittal, e-mail or personal delivery. The information required under this rule will not be accepted over the telephone:

(a) Licensee's current business and residential addresses. If the number of a post office box, mail drop or pick-up service is provided for either address, the licensee must also provide the physical address;

(b) The name and address of licensee's current employer; and

(c) Any assumed business name used by licensee, if licensee is conducting the practice of public accountancy under an assumed business name.

(11) Child support defaults . In accordance with ORS 25.750 to 25.783, the Board shall provide the Support Enforcement Division of the Department of Justice with certification and licensing information which may be electronically cross-matched with Support Enforcement Division's records for persons under order of judgment to pay monthly child support and who are in arrears according to 25.750(a), (b) and/or (c).

(a) The Board shall suspend a licensee's certificate or license and permit to practice upon notice from the Support Enforcement Division or the appropriate District Attorney that such licensee is in arrears of any judgment or order requiring the payment of child support and such payment is being enforced under the provisions of ORS 25.080.

(b) Pursuant to ORS 25.762 or 25.765, the Board shall notify the licensee of the action being taken and refer such licensee to the Support Enforcement Division or the District Attorney for resolution of the support payment issue.

(c) Upon notification by the Support Enforcement Division or District Attorney and receipt of a release notice that the conditions resulting in the action have been resolved, the Board shall reinstate the licensee's certificate or license and permit to practice upon compliance with any additional requirements for issuance, renewal or reinstatement.

(12) State tax defaults. In accordance with ORS 305.385, and upon request by the Department of Revenue (DOR), the Board shall provide DOR with license information for the purpose of determining whether a licensee has neglected or refused to file any tax return, or neglected or refused to pay any tax without filing a petition with DOR as stated in ORS 305.385(4)(a).

(a) The Board shall issue a notice of proposed action against a licensee who is identified by DOR under this rule. The licensee shall be provided with the opportunity for hearing as provided in ORS 183.310 to 183.550 for contested cases.

(b) Upon notification by DOR and receipt of a certificate issued by DOR that the certificate/license holder is in good standing with respect to any returns due and taxes payable to DOR as of the date of the certificate, the Board shall renew or reinstate the certificate or license and permit to practice upon compliance with any additional requirements of the Board for issuance, renewal, or reinstatement.

(13) Continuing violation . A continuing violation is a violation of any provision of ORS 673.010 – 673.457 or OAR chapter 801 that remains in place (“continues”) without additional conduct on the part of the violator. For example the continued existence of an office sign purporting to offer public accounting services by an unregistered firm would be a continuing violation. The Board shall provide written notice of the alleged continuing violation to the individual or firm. The duration of the violation prior to the date of notice from the Board shall be deemed a single violation, and each day of continuance after the date of notice from the Board is a separate violation and may be subject to a civil penalty.

(14) Non-Disclosure Agreement. “Non-disclosure agreement” means any written or oral agreement that inhibits any party to the agreement from reporting an alleged violation of ORS Chapter 673 or OAR chapter 801 to the Board, or that inhibits any party from cooperating with an investigation by the Board, an agency of any state, or an agency of the Federal government.

(a) Licensees shall not enter into, nor benefit directly or indirectly from, any non-disclosure agreement.

(b) Any licensee who is a party to a non-disclosure agreement and who receives written notice from the Board, an agency of any state, or an agency of the Federal government requesting information that is subject to the provisions of such non-disclosure agreement, shall provide a written release for information requested within 30 days of the date of notice.

(15) Peer Review Failure . Upon notification to the Board that a licensee or registrant has failed peer review more than one time, the Board may discipline the licensee or registrant for failing peer review in accordance with ORS 673.170. The notification of the failure of peer review will be prima facie evidence of the failure.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.160 & 673.410
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 3-2017, f. & cert. ef. 9-11-17
BOA 2-2017, f. & cert. ef. 8-8-17
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 2-2014, f. 12-15-14, cert. ef. 1-8-15
BOA 5-2009, f. 12-15-09 cert. ef. 1-1-10
BOA 3-2008, f. 12-30-08, cert. ef. 1-1-09
BOA 3-2007, f. 12-27-07 cert. ef. 1-1-08
BOA 3-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 9-2005, f. 11-22-05, cert. ef. 1-1-06
BOA 4-2005, f. & cert. ef. 8-12-05
BOA 6-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 5-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 5-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 5-1999, f. & cert. ef. 7-23-99
BOA 1-1999, f. & cert. ef. 1-20-99
BOA 6-1998, f. & cert. ef. 7-29-98
AB 3-1996, f. & cert. ef. 9-25-96
AB 4-1994, f. & cert. ef. 9-27-94
AB 3-1994, f. & cert. ef. 8-10-94
AB 1-1994, f. & cert. ef. 1-21-94
AB 6-1993(Temp), f. 11-2-93, cert. ef. 11-4-93
AB 3-1989, f. & cert. ef. 10-3-89
1AB 3-1986, f. & ef. 11-17-86
1AB 2-1984, f. & ef. 5-21-84
1AB 3-1981, f. & ef. 1-6-81
1AB 1-1981, f. 1-6-81, ef. 6-1-81
AB 1-1978, f. & ef. 1-11-78

Or. Admin. R. 801-030-0030 Records

(1) Records. A licensee will furnish to a client or former client within 60 days of the request, regardless of unpaid fees, upon request made by the client or former client within seven years after the issuance of the document:

(a) Copy of a tax return;

(b) Copy of any report or other document issued by the licensee to or for such client;

(c) Any accounting or other records belonging to, or obtained from or on behalf of the client which the licensee removed from the client’s premises or received for the client’s account; and

(d) Copy of the licensee’s working papers, to the extent that such working papers include records that would be part of the client’s books and records and are not otherwise available to the client.

(2) Retention of Records . Beginning on June 1, 2020, Licensees must retain copies of all client records used to complete tax returns or other reports for a period of at least seven years, unless otherwise required by law, or longer if necessary for purposes of an investigation.

History

Statutory/Other Authority: 673.380 & 673.410
Statutes/Other Implemented: 673.410
BOA 1-2019, adopt filed 12/19/2019, effective 01/01/2020

Or. Admin. R. 801-030-0040 Notification to Clients

(1)(a) Licensees transferring to a new Firm, leaving the practice of public accountancy, or selling their practice must notify clients within 60-days of transition by providing:

(A) The name and location of where the client may retrieve their records;

(B) The location and name of the new firm; or

(b) Licensee must provide to clients a consent to transfer their records to the new location.

(2) Notification to clients for Sole Practitioners.

(a) Sole practitioners have duty to safeguard Client records, funds and property in their possession or under the licensees control in the event the licensee is incapacitated, disappears or dies.

(b) The sole practitioner shall provide for continuing services to a client or ensure that, in the event that licensee is incapacitated, disappears, or dies:

(A) Clients are promptly notified;

(B) Client records, property and funds belonging to a client are securely maintained; and

(c) Sole Practitioners shall designate a partner, personal representative, or other responsible party to assume responsibility for client files in the event the licensee is incapacitated, disappears, or dies.

(d) The Board will require sole practitioners to provide to the Board the point of contact no later than December 31, 2021.

(e) Sole practitioners must provide to the Board biannually on the firm renewal application, if registered, or on their individual renewal, any update to the point of contact.

History

Statutory/Other Authority: 673.380 & 673.410
Statutes/Other Implemented: 673.410
BOA 1-2019, adopt filed 12/19/2019, effective 01/01/2020

Division 40 CONTINUING PROFESSIONAL EDUCATION

Or. Admin. R. 801-040-0010 Basic Requirements

(1) Biennial CPE requirement for Active licensees. Each biennial renewal period, certified public accountants and public accountants must report satisfactory evidence of having completed 80 hours of continuing professional education (CPE) unless such requirement is waived by the Board under ORS 673.165 and OAR 801-040-0150. The 80-hour CPE requirement must be completed as follows:

(a) At least 20 of the required 80 CPE hours must be completed in each year of the renewal period. Hours carried forward from the previous reporting period (carry-forward hours) may not be used to meet the minimum annual requirement.

(b) CPE hours must be completed during the two-year period immediately preceding the renewal date, except for carry-forward hours described in subsection (c) of this rule.

(c) A maximum of 20 CPE hours may be carried forward from one reporting period to the next and may be used in partial fulfillment of the 80 hour requirement.

(d) A minimum of four hours of ethics CPE must be included in the 80 hour CPE requirement.

(e) CPE hours used for reinstatement may not be claimed on renewal application.

(2) CPE Reciprocity. Active licensees whose principal place of business is outside Oregon and who are seeking renewal of their permit shall be determined to have met the CPE requirement in OAR 801-040-0010(1) by meeting the CPE requirements for renewal of a certificate in the jurisdiction in which the licensee’s principal place of business is located.

(a) Applicants for renewal of an active permit shall demonstrate compliance with the CPE renewal requirements of the jurisdiction in which the licensee’s principal place of business is located by signing a statement to that effect on the renewal application of this state, unless the provision of OAR 801-040-0010(2)b) applies.

(b) Applicants for renewal of an active permit whose principal place of business is in a jurisdiction without CPE requirements for renewal are not eligible for the provision of OAR 801-040-0010 (2)(a) and must meet the CPE renewal requirements of this jurisdiction as set forth in OAR 801-040-0010(1).

(3) Biennial CPE Requirements for Inactive Licensees .A licensee who is granted inactive status must:

(a) Obtain 32 hours of qualified continuing professional education during a two-year renewal period;

(b) Complete four CPE hours in ethics which are included in the 32 hour requirement for each renewal period;

(d) A maximum of 8 CPE hours may be carried forward from one reporting period to the next and may be used in partial fulfillment of the 32 hour requirement.

History

Statutory/Other Authority: ORS 673.040, 673.050 & 673.410
Statutes/Other Implemented: ORS 673.165
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 4-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 4-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 6-2009, f. 12-15-09, cert. ef. 1-1-10
BOA 4-2008, f. 12-30-08, cert. ef. 1-1-09
BOA 4-2006, f. 12-22-06, cert. ef. 1-1-07
BOA 10-2005, f. 11-22-05, cert. ef. 1-1-06
BOA 6-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 6-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 7-2001, f. 12-31-01, cert. ef. 1-1-02
BOA 5-2000, f. 12-7-00, cert. ef. 1-1-01
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 5-1999, f. & cert. ef. 7-23-99
AB 4-1994, f. & cert. ef. 9-27-94
AB 1-1994, f. & cert. ef. 1-21-94
AB 5-1991, f. & cert. ef. 7-1-91
AB 1-1985, f. & ef. 3-21-85

Or. Admin. R. 801-040-0020 Controls and Reporting

Reporting requirement . As a requirement for renewal of an active license, licensees are required to certify that the licensee has fulfilled the CPE requirement by signing or electronically affirming the certification section on the renewal form. Licensees are required to report the following information for each CPE program listed on the renewal form:

(1) CPE programs .

(a) Name of program sponsor;

(b) Program title;

(d) For self-study programs, the program sponsor’s Registry number;

(e) Date(s) attended or date of completion; and

(f) Number of hours claimed.

(2) Published articles and books . The CPE report must include the following information for publications to be eligible for CPE credit:

(a) Name and address of the publisher;

(b) Title of publication;

(d) Date of first publication; and

(e) Number of hours claimed.

History

Statutory/Other Authority: ORS 673.040, 673.050 & 673.410
Statutes/Other Implemented: ORS 673.165
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 4-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 6-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 7-2001, f. 12-31-01, cert. ef. 1-1-02
BOA 5-2000, f. 12-7-00, cert. ef. 1-1-01
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 2-1999, f. & cert. ef. 2-22-99
AB 4-1994, f. & cert. ef. 9-27-94
AB 6-1992, f. & cert. ef. 8-10-92
AB 1-1985, f. & ef. 3-21-85

Or. Admin. R. 801-040-0030 Programs that Qualify for CPE Credit

(1) Qualifying programs . In order to qualify for CPE credit under these rules, a CPE program must be a formal program of learning that contributes directly to the professional competence of the licensee. It is the obligation of each licensee to select a course of study that contributes to the licensee's professional competence in public accountancy. The licensee may take programs in a variety of topics that are relevant to their practice.

(2) Program requirements . CPE programs must meet the following requirements to qualify for CPE credit:

(a) An outline of the program is prepared in advance and preserved;

(b) A record of attendance is maintained by the sponsor for a period of five (5) years and evidence of completion is provided to participating licensees; and

(c) The program is conducted by a qualified instructor whose background, training, education or experience qualifies the person to teach or lead a discussion on the subject matter of the particular program.

(3) Eligible programs. The following programs will qualify for CPE credit provided they also meet the requirements of section (2) of this rule:

(a) Programs presented by national, state or local accounting organizations;

(b) Programs offered by a firm to licensees;

(d) Accredited university or college courses in technical subjects as stated in OAR 801-040-0040(2) are eligible for CPE credit at the rate of 15 CPE hours for each semester hour credit and 10 CPE hours for each quarter hour credit. University or college courses that do not earn college credit are eligible for one CPE hour for each classroom hour of learning;

(e) Distance learning programs offered by a regionally accredited university or college are eligible for CPE credit as described in subsection (3)(d), without meeting the requirement of NASBA National CPE Registry approval described in section (4) of this rule.

(f) Other programs may qualify for CPE credit if the program meets the requirements of section 2 of this rule.

(4) Individual study programs (self-study) . Correspondence courses or other individual study programs do not qualify for CPE credit unless the CPE sponsor is approved by the NASBA National CPE Registry. The sponsor registry number must be identified.

(5) Blended Learning is an educational program incorporating different learning or instructional delivery methods, an educational program incorporating multiple learning formats such as lectures, discussion, guided practice, reading, games, cases studies, and simulation.

(6) Nano-learning Program . Nano-learning program means a tutorial program designed to permit a participant to learn a given subject in a minimum 10 minute and less than 20 minute time frame through the use of electronic media and without interaction with a real-time instructor.

(a) A nano-learning program differs from a self-study program in that it is typically focused on a single learning objective and is not paper-based.

(b) A nano-learning program is not a group program.

(d) As evidence of satisfactory completion of the course, CPE program sponsors of nano-learning programs must require participants to successfully complete a qualified assessment with a passing grade of 100 percent before issuing CPE credit.

(e) Assessments may contain questions of varying format.

(f) Nano-learning credits must include a minimum of two questions.

(g) True and False questions are not permissible on the qualified assessment. If the participant fails the qualified assessment, then the participant must re-take the nano-learning program.

(h) The number of re-takes permitted a participant is at the sponsor’s discretion.

(7) Programs not eligible for CPE credit . The following programs do not qualify for CPE credit:

(a) Courses taken to fulfill the requirements for licensure as a certified public accountant or public accountant;

(b) Ethics courses that were taken to fulfill the Ethics exam requirement for licensure; and

History

Statutory/Other Authority: ORS 673.040, 673.050 & 673.410
Statutes/Other Implemented: ORS 673.165
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 4-2007, f. 12-27-07 cert .ef. 1-1-08
BOA 6-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 6-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 7-2001, f. 12-31-01, cert. ef. 1-1-02
BOA 5-2000, f. 12-7-00, cert. ef. 1-1-01
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 5-1999, f. & cert. ef. 7-23-99
BOA 1-1999, f. & cert. ef. 1-20-99
AB 2-1996, f. & cert. ef. 9-25-96
AB 1-1994, f. & cert. ef. 1-21-94
AB 1-1985, f. & ef. 3-21-85

Or. Admin. R. 801-040-0040 Acceptable Subject Matter

(1) Examples listed not all-inclusive . The subjects listed in this rule serve as examples only, and are not all inclusive of technical and non-technical subjects that may qualify for CPE credit.

(2) Technical subjects. Qualified continuing education programs in the following subjects are eligible for CPE credit as technical subjects:

(a) Accounting

(b) Auditing and assurance

(d) Specialized knowledge and applications

(e) Management Advisory Services

(f) Taxation

(g) Professional ethics

(h) Regulatory ethics

(i) Finance

(j) Business Law

(k) Economics

(l) Information Technology & Accounting Applications

(m) Statistics

(n) Data Analytics

(o) Other subjects may be acceptable if they maintain or improve the licensee's professional competence.

(3) Non-technical subjects . Qualified continuing education programs in subjects other than those listed in section (2) of this rule are non-technical subjects and are eligible for CPE credit if the program directly contributes to the licensee's professional competence.

(a) Credit for programs in non-technical subjects is limited to 16 CPE hours per renewal period.

(b) The following are examples of non-technical subjects:

(A) Interpersonal management skills;

(B) Public relations;

(D) Practice administration.

(E) Marketing

(F) Personnel/HR

(G) Personal Development

(H) Communication

(I) Business Management & Organization

History

Statutory/Other Authority: ORS 673.040, 673.050 & 673.410
Statutes/Other Implemented: ORS 673.165
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 6-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 7-2001, f. 12-31-01, cert. ef. 1-1-02
BOA 5-2000, f. 12-7-00, cert. ef. 1-1-01
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 2-1999, f. & cert. ef. 2-22-99
BOA 1-1999, f. & cert. ef. 1-20-99
AB 1-1996, f. & cert. ef. 1-29-96
AB 4-1994, f. & cert. ef. 9-27-94
AB 5-1991, f. & cert. ef. 7-1-91
AB 1-1985, f. & ef. 3-12-85

Or. Admin. R. 801-040-0050 Credit Allowed and Evidence of Completion

(1) Credit hours . Eligible CPE credit is measured by program length with one 50 minute period equal to one CPE credit. CPE credits can be awarded in one-fifth increments or in one-half increments (0.5, 1.0, x.2, x.4, x.5, x.6, x.8, etc.). Licensees may not report duplicate courses taken in the same reporting period unless there is proof that the course was substantially modified.

(2) Evidence of completion . Licensees are required to document all CPE programs claimed for CPE credit and to provide the appropriate proof of completion for the number of qualifying CPE credits claimed for each program. Licensees must retain proof of completion for each CPE program reported for a period of 5 years after completion of the program.

(3) Group study programs .

(a) CPE credit is allowed for actual class hours attended.

(b) Evidence of completion includes a written course outline and certificate of completion or attendance record provided by each program sponsor. The evidence of completion must include the sponsor name, course title, date of attendance or date of completion, name of participating licensee, statement that the sponsor is included on NASBA’s National Registry and providing the registry number, if appropriate, and the number of CPE hours earned;

(4) Individual study programs.

(a) Individual study programs are eligible for CPE credit only if the program is offered by a NASBA National Registry approved sponsor.

(b) CPE credit will be awarded in an amount equal to the average completion time determined by the NASBA National Registry approved sponsor.

(c) The date for which CPE credit is allowed is the completion date specified on the evidence of completion provided by the sponsor.

(d) Evidence of completion must include the name of the participating licensee, sponsor name, program title, date of completion, instructor name, if applicable, statement that the sponsor is included on NASBA’s National Registry and provide registry number, if appropriate, and number of CPE hours allowed.

(5) Nano-learning.

(a) Evidence of satisfactory completion of a nano-learning course requires the participant to successfully complete a qualified assessment with a passing grade of 100 percent.

(b) A nano-learning program differs from a self-study program in that it is typically focused on a single learning objective and is not paper based.

(6) Lecturer, discussion leader or speaker.

(a) CPE credit for a lecture, training session or speaking engagement at which the licensee was an instructor, discussion leader, or speaker is allowed provided that the lecture, training, or engagement meets CPE requirements for the participants;

(b) CPE credit for a university or college undergraduate or graduate course where the licensee was the faculty instructor is allowed, provided that the course is in a technical subject as defined in OAR 801-040-0040(2).

(c) One CPE hour is allowed for each 50 minute period completed as an instructor or discussion leader for the first presentation of the subject material if such activity increases the instructor's professional competence. CPE credit may be allowed for additional presentations if the substantive content of the program was substantially changed and the licensee provides evidence that such change required significant additional study or research.

(d) CPE credit for preparation time allowed for an instructor, discussion leader, or a speaker shall be calculated on the basis of two CPE hours of preparation for each hour of teaching.

(e) The maximum CPE credit allowed for preparation and teaching under this section and for published articles described in section (6) of this rule, combined, must not exceed one-half of the total number of CPE hours required for the renewal period.

(f) Evidence of completion includes a copy of the agenda or outline provided for each presentation, lecture or speaking engagement, stating the date of presentation and name of the sponsoring organization. For university courses taught, evidence of completion should include the course syllabus and outline for each class.

(7) Published articles.

(a) CPE credit may be allowed for authoring published articles or books, provided the work directly contributes to the professional competence of the licensee.

(b) CPE credit for authoring published articles or books is allowed as of the date of publication and is only allowed for the first publication of such writing. The number of CPE hours is based on the time spent creating the published article.

(c) Authorship of a published article does not contribute to the professional competence of the licensee unless the published article is suitable for a professional audience. Published articles may be reviewed on a case-by-case basis to determine whether such articles contribute to the licensee’s professional competence.

(d) The maximum credit for published articles and books allowed under this section and for preparation and teaching under section (5) of this rule, combined, is no more than one-half of the total CPE requirement for the renewal period.

(e) A licensee may request additional CPE credit for authoring a published article by submitting an explanation of the circumstances which justify greater credit than is otherwise allowed. The Board shall determine whether additional credit is justified.

(f) Evidence of completion includes a copy of the title page or other pages that show the title, date of publication, and a description of the content for each article reported for CPE credit.

(8) Reviewing peer review reports for Board approved Peer Review Programs.

(a) Licensees who serve as volunteer members of the Review Acceptance Body or any other committee that reviews peer review reports on behalf of a board approved peer review program are allowed two hours of CPE credit per meeting attended, for a maximum of 16 hours for the renewal period.

(b) Evidence of completion includes proof of attendance, provided by the sponsor of the approved Peer Review Program, for each meeting attended.

(9)(a) Board and Board Committee Service .

(b) Voting members of the Board of Accountancy, its Peer review Oversight Committee (PROC), and Complaints Committee (BOACC) will receive 2 CPE credits per attended meeting documented on certificates of completion issued by the Board. The Board may in its discretion add other technical committees as eligible for CPE credits under this section. A maximum of 16 CPE credits per renewal cycle can be claimed for credit under this section.

(10) University and college courses.

(a) CPE credit allowed is described in OAR 801-040-0030.

(b) An official copy of the college transcript from a regionally accredited college/university is evidence of completion for courses that earn college credit.

(c) An attendance schedule or sign-in sheet demonstrating the licensee’s attendance, prepared and maintained by the college, will provide evidence of completion for courses that do not earn college credit.

History

Statutory/Other Authority: ORS 673.040, 673.050 & 673.410
Statutes/Other Implemented: ORS 673.165
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 4-2010, f. 12-15-10, cert. ef. 1-1-11
BOA 6-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 6-2002, f. 12-27-02, cert. ef. 1-1-03
BOA 7-2001, f. 12-31-01, cert. ef. 1-1-02
BOA 5-2000, f. 12-7-00, cert. ef. 1-1-01
BOA 1-2000, f. 3-22-00, cert. ef. 3-24-00
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 5-1999, f. & cert. ef. 7-23-99
BOA 2-1999, f. & cert. ef. 2-22-99
BOA 6-1998, f. & cert. ef. 7-29-98
BOA 1-1998, f. & cert. ef. 1-26-98
AB 4-1997, f. & cert. ef. 7-25-97
AB 5-1995, f. & cert. ef. 8-22-95
AB 4-1994, f. & cert. ef. 9-27-94
AB 4-1993, f. & cert. ef. 5-14-93
AB 7-1992, f. & cert. ef. 12-15-92
AB 5-1991, f. & cert. ef. 7-1-91
AB 1-1985, f. & ef. 3-21-85

Or. Admin. R. 801-040-0070 CPE Audit

(1) The Board may audit CPE reports submitted by licensees. When a licensee is selected for audit of CPE hours, licensees are required to submit the following:

(a) All appropriate documentation that confirms attendance of all CPE programs and the number of eligible CPE hours; and

(b) Any additional information required.

(2) Licensees must comply with all requests for information and any applicable deadlines for submitting information as required.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.165
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 1-2025, amend filed 09/26/2025, effective 10/01/2025
BOA 2-2023, amend filed 06/30/2023, effective 07/01/2023
BOA 1-2023, temporary amend filed 02/13/2023, effective 02/13/2023 through 08/11/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 10-2005, f. 11-22-05, cert. ef. 1-1-06
BOA 6-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 7-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 7-2001, f. 12-31-01, cert. ef. 1-1-02
BOA 5-2000, f. 12-7-00, cert. ef. 1-1-01
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
AB 4-1994, f. & cert. ef. 9-27-94
AB 1-1985, f. & ef. 3-21-85

Or. Admin. R. 801-040-0100 New Licenses/Reinstated Licenses

(1) CPE Requirement

(a) Licensees who receive an initial license to practice public accountancy shall comply with the CPE requirements from the date of issuance of the license on a prorated basis of ten (10) hours of CPE as described in OAR 801-040-0010(1) for each full three (3) month period from the date of the initial license, until the end of the renewal period in which the license is issued. If the time-period is less than three (3) full months, the only CPE required for license renewal is the four (4) hours of ethics described in OAR 801-040-0010(1)(d).

(b) The 20 hour annual CPE requirement shall also be prorated at five (5) CPE hours for each full 3 month period from the date of the initial license, until the end of the renewal period in which the license is issued. If the time-period is less than three (3) full months from the date of the initial license until the first license expiration date no annual CPE requirement will be required.

(c) CPE hours earned during any month of the two-year renewal cycle during which the initial license was issued shall be eligible to meet the initial CPE requirement.

(d) The maximum credit allowed for non-technical CPE hours is no more than 20% of the prorated CPE hours due.

(2) Requirement for licensed public accountants who become licensed as certified public accountants. Licensees who hold a license to practice public accountancy as a licensed public accountant under ORS 673.100, and who receive an initial certificate and license to practice public accountancy as a certified public accountant shall, in addition to the requirement under section (1) of this rule, complete and report 10 CPE hours for each full 3-month period of the renewal period during which the person held a license as a public accountant. CPE hours earned during any month of the two-year renewal cycle during which the initial license was issued shall be eligible for credit to meet this requirement.

History

Statutory/Other Authority: ORS 673.040, 673.050 & 673.410
Statutes/Other Implemented: ORS 673.165
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 4-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 6-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 7-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 7-2001, f. 12-31-01, cert. ef. 1-1-02
BOA 5-2000, f. 12-7-00, cert. ef. 1-1-01
AB 4-1994, f. & cert. ef. 9-27-94
AB 4-1989, f. & cert. ef. 3-13-89
AB 1-1985, f. & ef. 3-21-85

Or. Admin. R. 801-040-0150 Waivers

(1) CPE waivers. The Board, in its discretion, may waive CPE requirements for:

(a) Reasons of health, certified by a medical doctor, that prevent the licensee from complying with CPE requirements;

(b) A licensee who is on extended active military duty, who does not practice public accountancy during the renewal period, and who provides a copy of orders to active military duty; and

(2) Requests for waivers. A request for waiver of CPE requirements must be submitted in writing for each renewal period during which the conditions supporting the waiver exist.

History

Statutory/Other Authority: ORS 673.040, 673.050 & 673.410
Statutes/Other Implemented: ORS 673.165 & 673.170
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 6-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 7-2001, f. 12-31-01, cert. ef. 1-1-02
BOA 5-2000, f. 12-7-00, cert. ef. 1-1-01
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
AB 4-1994, f. & cert. ef. 9-27-94
AB 5-1991, f. & cert. ef. 7-1-91
AB 1-1985, f. & ef. 3-21-85

Or. Admin. R. 801-040-0160 Failure to Comply

(1) CPE Penalty

(a) Active Licensees. Licensees who submit an application for renewal of an active license and who do not comply with the CPE requirements described in OAR 801-040-0010 are required to complete and report an additional 16 hours of qualifying CPE.

(b) Inactive licensees. Licensees who submit an application for renewal of an inactive license and who do not comply with the CPE requirements described in OAR 801-040-0010 are required to complete and report an additional 8 hours of qualifying CPE.

(2) Failure to comply with CPE requirements . Licensees who do not meet the CPE requirements may not be renewed and may be subject to disciplinary action under ORS 673.170(2)(L), unless CPE requirements have been waived under OAR 801-040-0150.

History

Statutory/Other Authority: ORS 673.410
Statutes/Other Implemented: ORS 673.165 & 673.170
BOA 1-2026, amend filed 01/29/2026, effective 02/01/2026
BOA 3-2023, amend filed 09/29/2023, effective 10/01/2023
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2015, f. 9-30-15, cert. ef. 10-1-15
BOA 4-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 6-2004, f. 12-30-04, cert. ef. 1-1-05
BOA 7-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 7-2001, f. 12-31-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
AB 4-1994, f. & cert. ef. 9-27-94
AB 5-1991, f. & cert. ef. 7-1-91
AB 1-1985, f. & ef. 3-21-85

Division 50 PEER REVIEW

Or. Admin. R. 801-050-0005 Purpose

(1) The purpose of peer review is to monitor firm compliance with applicable accounting and auditing standards promulgated by generally recognized standard setting bodies.

(2) The Peer Review requirement established by the Board shall emphasize education and appropriate remedial procedures. In the event a firm does not comply with professional standards, or the firm’s work is so inadequate as to warrant disciplinary action, the Board shall take appropriate action to protect the public interest.

(3) The Board shall appoint a Peer Review Oversight Committee (PROC), and such other committees as the Board, in its discretion deems necessary, to provide oversight of the administration of approved peer review programs in order to provide reasonable assurance that peer reviews are being conducted and reported on in accordance with the minimum standards for performing and reporting on peer reviews described in these rules.

(4) This chapter shall not require any firm or licensee to become a member of any organization sponsoring a peer review program.

History

Statutory/Other Authority: ORS 673.455 & OL 2001, Ch. 638 & Sec. 12
Statutes/Other Implemented: ORS 673.455
BOA 7-2009, f. 12-15-09 cert. ef. 1-1-10
BOA 11-2005, f. 11-22-05, cert. ef. 12-15-05
BOA 6-2001, f. 12-28-01, cert. ef. 1-1-02
AB 2-1994, f. & cert. ef. 4-28-94

Or. Admin. R. 801-050-0010 Definitions

As used in OAR 801-050 the following terms have the following meanings:

(1) Acceptance of Engagement : The date the engagement letter is signed by the client.

(2) Peer Review Board : The Peer Review Board is responsible for maintaining, promoting and governing the activities of the American Institute of Certified Public Accountants Peer Review Program, including the issuance of Peer Review Standards, and peer review guidance.

(3) Board : Oregon Board of Accountancy.

(4) Client records : Supporting documents relating to financial statements that are the subject of peer review and that may contain confidential financial or personal information about a client of the firm.

(5) Firm : A registered public accounting firm or a CPA or PA doing business as a sole proprietor, if such firm or sole proprietor performs attest or compilation services in Oregon or for Oregon clients and is subject to the peer review requirement.

(6) Minimum standards for performing and reporting on peer reviews : Standards described in OAR 801-050-0080 that are required for approved peer review programs.

(7) PCAOB : Public Company Accounting Oversight Board that conducts firm inspections of public accounting firms that perform audits for publicly-held companies.

(8) Peer Review : A study, appraisal or review conducted in accordance with Peer Review Standards of one or more aspects of the public accountancy work of a firm or a license holder under ORS 673.150 who performs attest or compilation services.

(a) Systems Review : Required of firms that perform engagements under the auditing and examination attest professional standards. It is a professional service intended to provide the reviewer with a reasonable basis for expressing an opinion on whether, during the year under review:

(A) The reviewed firm’s system of quality control for its accounting and auditing practice has been designed in accordance with quality control standards established by the American Institute of Certified Public Accountants.

(B) The reviewed firm’s quality control policies and procedures were being complied with to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects.

(b) Engagement Review: Required of firms that only perform engagements under the compilation, review, non-examination attestation, and agreed upon procedures professional standards. It is a professional service intended to evaluate whether engagements submitted for review are performed and reported in conformity with applicable professional standards in all material aspects.

(9) Peer Review Standards : Standards issued by the Peer Review Board and used by peer review program sponsors for performing and reporting on peer reviews of public accounting firms that provide attest and compilation services.

(10) Peer Reviewer : A qualified public accountant as defined in this rule, or a certified public accountant licensed in any state, who is trained and qualified to perform peer review for an approved peer review program and who is independent of the firm under review.

(11) Qualified Public Accountant : A public accountant licensed under ORS 673.100 who was required to pass the audit section of the Uniform CPA Exam as a requirement for licensing.

(12) Report Acceptance Body (RAB) : An independent report acceptance body associated with an approved peer review program. The purpose of the RAB is to consider and accept the results of each peer review and to require corrective actions of firms who receive a pass with deficiencies or a fail report as identified in the peer review process.

(13) Sponsor : An organization that administers a Board-approved peer review program. Sponsor may also be referred to as administrating entity.

History

Statutory/Other Authority: ORS 673.455 & OL 2001, Ch. 638 & Sec. 12
Statutes/Other Implemented: ORS 673.455
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 5-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 7-2009, f. 12-15-09 cert. ef. 1-1-10
BOA 11-2005, f. 11-22-05, cert. ef. 12-15-05
BOA 6-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 6-1998, f. & cert. ef. 7-29-98
AB 2-1994, f. & cert. ef. 4-28-94
AB 1-1994, f. & cert. ef. 1-21-94
AB 7-1993(Temp), f. 11-2-93, cert. ef. 11-4-93

Or. Admin. R. 801-050-0020 Peer Review Enrollment and Participation in Peer Review Program

(1) Enrollment Requirement . Every firm that performs attest as defined by OAR 801-005-0010(4) or compilation as defined by 801-005-0010(14) services in Oregon or for Oregon clients, is required to participate in an approved peer review program as a condition of registration under ORS 673.160 and for each renewal thereof.

(2) Public accounting services subject to peer review . Attest and compilation services as defined in OAR 801-005-0010(4) and (14) that require participation in a peer review program.

(a) Firms that prepare financial statements which do not require reports under Statements on Standards for Accounting and Review Services and that perform no other attest or compilation services, are not required to participate in a peer review program; however, such engagements conducted by a firm that is otherwise required to participate in a peer review program shall be included in the selection of engagements subject to peer review.

(b) Individual licensees may participate in a peer review program through their firms. If the licensee has an individual practice apart from the firm in which the licensee performs attest or compilation services, the individual practice is also subject to the requirement to participate in a peer review program.

(c) Each firm that is required to participate in a peer review program under this rule shall enroll in an approved program before issuing a report on attest and compilation services as defined by OAR 801-005-0010(4 and (14). The firm must send proof of enrollment and the date for initial review to the Board before the report is issued. The schedule for the firm’s peer review shall be established according to the program standards.

(d) Firms that do not have a physical location in this state, but nevertheless perform attestation services in this state, are required to participate in a peer review program that is performed in accordance with the minimum standards for performing and reporting on peer reviews described in OAR 801-050-0080, and may be required to demonstrate that the out-of-state office(s) through which the services are being provided follows the same quality control policies and procedures established by the firm that has been subjected to peer review in the other state.

(3) Exemption from Enrollment Requirement . Firms that do not perform attest or compilation services as defined in OAR 801-005-0010(4) and (14) are not required to participate in a peer review program, and shall notify the Board of such exemption on the initial firm registration application and on each firm renewal application.

(4) Peer Review Participation . Every firm that is required to participate in a peer review program shall have a peer review in accordance with the peer review program standards.

(a) It is the responsibility of the firm to anticipate its needs for review services in sufficient time to enable the reviewer to complete the review by the assigned review date.

(b) Any firm that is rejected, dropped, terminated or otherwise not enrolled by a sponsor for any reason shall have 21 days to provide written notice to the Board of such action. The firm must request authorization from the Board to enroll in an approved peer review program.

(c) In the event a firm is merged, otherwise combined, dissolved or separated, the sponsor shall determine which firm is considered the succeeding firm. The succeeding firm shall retain its peer review status and the review due date.

(d) A firm choosing to change to another sponsor may do so only if there is not an open active peer review and if the peer review is performed in accordance with the minimum standards for performing and reporting on peer reviews described in OAR 801-050-0080.

(e) With respect to firms that perform attest or compilation services in more than one state, the Board may accept a peer review based solely on work conducted outside this state if the peer review is performed in accordance with the minimum standards for performing and reporting on peer reviews described in OAR 801-050-0080.

(f) On request of the firm, the Board may specify that a peer review program that is administered by another state board of accountancy satisfies the requirements of OAR Chapter 801, Division 050 if the Board determines that the program substantially meets or exceeds the minimum standards described in this rule.

(g) Extensions: Firms may request an extension of time for completion of the peer review report from the Peer Review Sponsor. If a firm is granted an extension by the peer review program administrator, a copy of such extension must be sent to the Board office within 21-days of the date the extension was granted.

(h) Peer Review Hearing: Firms that are referred for hearing by the RAB are required to provide notification to the Board within 21-days from the initial notification of hearing and the final resolution.

History

Statutory/Other Authority: ORS 673.455 & OL 2001, Ch. 638 & Sec. 12
Statutes/Other Implemented: ORS 673.455
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 5-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 7-2009, f. 12-15-09 cert. ef. 1-1-10
BOA 11-2005, f. 11-22-05, cert. ef. 12-15-05
BOA 6-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 6-1998, f. & cert. ef. 7-29-98
AB 2-1994, f. & cert. ef. 4-28-94

Or. Admin. R. 801-050-0030 Peer Review Oversight Program (PROC)

(1) The Board shall:

(a) Establish standards for approved peer review programs;

(b) Review sponsor applications for peer review programs for approval;

(d) Take appropriate actions to carry out the functions of the PROC and achieve the purpose of the peer review requirement; and

(e) Authorize, conduct or contract for a peer review program as the Board, in its discretion, deems to be appropriate.

(2) Peer Review Oversight Committee :

(a) The committee shall be composed of at least three members;

(b) No committee member may be a current member of the Board or RAB, or perform any enforcement related work for regulatory or governmental bodies, professional organizations (including but not limited to AICPA or state ethics committee, AICPA Joint Trial Board) or similar groups or subgroups;

(c) At least one member shall have an active license to practice public accountancy in this state and shall have current experience in accounting and auditing, quality control practices, and be an AICPA qualified peer reviewer;

(d) One member may be a non-licensee with suitable experience in preparing or using financial statements.

(e) Each member is required to sign a confidentiality agreement indicating they will not divulge any information to the Board that would identify any firm, licensee, or peer reviewer/reviewing firms as a result of their monitoring of the peer review process.

History

Statutory/Other Authority: ORS 673.455 & OL 2001, Ch. 638 & Sec. 12
Statutes/Other Implemented: ORS 673.455
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2018, amend filed 05/21/2018, effective 05/22/2018
BOA 7-2009, f. 12-15-09 cert. ef. 1-1-10
BOA 11-2005, f. 11-22-05, cert. ef. 12-15-05
BOA 6-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 1-1998, f. & cert. ef. 1-26-98
AB 2-1996, f. & cert. ef. 9-25-96
AB 2-1994, f. & cert. ef. 4-28-94

Or. Admin. R. 801-050-0035 Peer Review Oversight Committee Responsibilities

(1) Approval of sponsor applications . The PROC shall review applications received from sponsors of peer review programs and recommend approval or disapproval of such applications.

(2) On behalf of the Board, the PROC shall review approved programs at least biennially to assure that approved programs continue to meet the requirements of these rules and provide systems to provide reasonable assurance that the program meets the following criteria:

(a) Provides reasonable assurance that the elements of quality control described in OAR 801-050-0080 are met by the firm under review;

(b) Peer Reviewers assigned are appropriately trained and qualified to perform the review for a specific firm;

(d) The sponsor consults with the reviewers on problems arising during the peer review and that specified occurrences requiring consultation are outlined;

(e) The sponsor reviews the results of the peer review; and

(f) The sponsor has provided for an independent RAB that meets the standards for peer review and that performs the following duties:

(A) Provides technical review of peer reviews performed under the program for acceptance by the RAB; and

(B) Requires corrective actions of firms with pass with deficiencies or fail reports as identified in the peer review process.

(3) Oversight and verification . The PROC shall conduct oversight of approved peer review programs to provide reasonable assurance that such programs are in compliance with the minimum standards for performing and reporting on peer reviews. The committee shall report to the Board any modifications to approved peer review programs and shall make recommendations regarding the continued approval of peer review programs.

(a) Oversight procedures to be performed by the PROC may consist of, but are not limited to, the following activities:

(A) Visit the sponsor of the approved peer review program;

(B) Review the sponsor’s procedures for administering the program;

(D) Review the sponsor’s compliance with their programs and oversight quality control compliance.

(b) The PROC shall verify that firms are in compliance with peer review requirements as follows:

(A) Verification may include review of the peer review report, the firm’s response to the matters discussed in the peer review report, and the acceptance letter outlining any additional corrective or monitoring procedures.

(B) The documents under review may be redacted to preserve client confidentiality. Review by the Peer Review Oversight Committee may be expanded if significant deficiencies, problems, or inconsistencies are encountered during the random audit.

(4) Peer Review Reports . The PROC shall:

(a) Assess peer review reports and related documents submitted by firms pursuant to the requirements of OAR 801-050-0040, as directed by the Board;

(b) Consult with the Board regarding the appropriate action for firms that have unresolved matters relating to the peer review process or that have not complied with, or acted in disregard of the peer review requirements. The PROC will consult with the Board when the committee believes there are issues with a peer review report that may warrant further action;

(c) The PROC will review the peer review reports for firms that receive consecutive non-pass peer review results to determine whether a referral to the Board’s compliance unit is warranted.

(d) In conducting an assessment pursuant to ORS 673.455 and 673.457, the Committee and the Board shall have complete access to reports submitted by firms pursuant to the requirement of this rule and OAR 801-050-0040.

History

Statutory/Other Authority: ORS 673.455 & OL 2001, Ch. 638 & Sec. 12
Statutes/Other Implemented: ORS 673.455
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2018, amend filed 05/21/2018, effective 05/22/2018
BOA 7-2009, f. 12-15-09 cert. ef. 1-1-10
BOA 11-2005, f. 11-22-05, cert. ef. 12-15-05

Or. Admin. R. 801-050-0040 Reporting Requirements

(1) Reporting Enrollment in Peer Review Program. Every firm is required to provide the following information in writing with every application for registration and renewal of registration:

(a) Certify whether the firm is or is not required to participate in a peer review program;

(b) Notify the Board of any peer review sponsor changes within 21-days.

(c) A firm that has previously reported to the Board that it is not subject to the peer review requirement and that subsequently engages in the performance of attestation or compilation services as defined by OAR 801-005-0010(4) and (14), shall provide written notice of such change in status to the Board before issuing a report.

(2) Notice to Board. All firms are required to participate in the AICPA Facilitated State Board Access (FSBA) program. The firm must satisfy the document reporting requirements by allowing the sponsoring organization to provide the Oregon Board access to the documents via a secure website as detailed in section (3) of this rule.

(3) Documents required . The following documents must be provided by the timelines below via a secured website, such as the AICPA Facilitated State Board Access (FSBA) website, or submitted directly to the Board office:

(a) A firm that has not previously been enrolled or the firm is now required to enroll in a peer review program, must provide the enrollment letter within 30 days to the Board office;

(b) The peer review report accepted by the sponsoring organization, within 30 days of acceptance;

(d) The acceptance letter from the sponsoring organization, within 30 days of acceptance;

(e) Extension letters approved by the sponsoring organization must be sent to the Board office or available through the FSBA website within 30 days of the sponsoring organizations approval;

(f) Letter(s) accepting the documents signed by the firm with the understanding that the firm agrees to take any and all action required by the sponsoring organization, if applicable, within 30 days of the firm’s execution of the letter; and

(g) Letter signed by the sponsoring organization notifying the firm that all required action has been appropriately completed, if applicable, within 30 days of the date of the letter, indicating that the all required action has been completed.

(4) Certification . Firms shall certify on the initial firm registration, reinstatement application, and on each renewal application, the result of the firm’s most recent Peer Review.

(5) Verification . The Board may verify the certifications of peer review reports that firms provide on initial registration, reinstatement, and renewal applications.

History

Statutory/Other Authority: ORS 673.455 & OL 2001, Ch. 638 & Sec. 12
Statutes/Other Implemented: ORS 673.455
BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020
BOA 1-2018, amend filed 05/21/2018, effective 05/22/2018
BOA 1-2017, f. & cert. ef. 1-4-17
BOA 5-2011, f. 12-28-11, cert. ef. 1-1-12
BOA 7-2009, f. 12-15-09 cert. ef. 1-1-10
BOA 11-2005, f. 11-22-05, cert. ef. 12-15-05
BOA 6-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 6-1998, f. & cert. ef. 7-29-98
AB 2-1994, f. & cert. ef. 4-28-94

Or. Admin. R. 801-050-0060 Confidentiality

Client records that are received in the course of a peer review shall be treated as confidential in accordance with the provisions of Oregon Public Records Law (ORS Chapter 192).

History

Statutory/Other Authority: ORS 673.455 & OL 2001, Ch. 638 & Sec. 12
Statutes/Other Implemented: ORS 673.455
BOA 11-2005, f. 11-22-05, cert. ef. 12-15-05
BOA 6-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
AB 2-1994, f. & cert. ef. 4-28-94

Or. Admin. R. 801-050-0065 Document Retention

(1) Documents created by the sponsor of an approved peer review program and Peer Reviewer shall be retained by the sponsor for a period of time corresponding to the designated retention period of the sponsor. In no event shall the retention period be less than one hundred twenty (120) days from the date of acceptance of the review by the sponsor.

(2) Firms shall retain all documents relating to peer review reports described in OAR 801-050-0040, including working papers of the underlying engagement subject to Peer review that was reviewed, for five years from the date of acceptance of the peer review by the sponsor.

History

Statutory/Other Authority: ORS 673.455 & 673.457
Statutes/Other Implemented: ORS 673.457
BOA 7-2009, f. 12-15-09 cert. ef. 1-1-10
BOA 11-2005, f. 11-22-05, cert. ef. 12-15-05

Or. Admin. R. 801-050-0070 Application for Administration of Peer Review Program

(1) Application. Applications for administration of a peer review program shall be submitted to the Board in writing and shall be accompanied by materials describing the operation of the proposed peer review program. Materials submitted by the sponsor must be sufficient to demonstrate that the proposed peer review program meets the minimum standards for performing and reporting on peer reviews.

(2) Sponsors that are over sighted by and report to the AICPA Peer Review Board are not required to submit an application for approval to the Board.

History

Statutory/Other Authority: OL 2001, Ch. 638, Sec. 12 & ORS 673.455
Statutes/Other Implemented: ORS 673.455
BOA 7-2009, f. 12-15-09 cert. ef. 1-1-10
BOA 11-2005, f. 11-22-05, cert. ef. 12-15-05
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
AB 2-1994, f. & cert. ef. 4-28-94

Or. Admin. R. 801-050-0080 Minimum Standards for Peer Review Programs

(1) Peer review programs must inform the firm of the results and include procedures as appropriate to the type of review being conducted, that assure a firm that the firm’s system of quality control is appropriately designed to provide reasonable assurance that:

(a) The firm and its personnel comply with professional standards and applicable regulatory and legal requirements;

(b) The firm or the firm’s engagement partners issue reports that are appropriate in the circumstances;

(d) The firm has established procedures necessary to implement and monitor compliance with policies;

(2) System Peer Review. The peer review program must also provide, as appropriate to the type of review being conducted, the firm under review with reasonable assurance that the firm’s system of quality control includes well designed and effectively applied policies and procedures addressing each of the following elements:

(a) Leadership responsibilities for quality within the firm;

(b) Relevant ethical and independence requirements;

(d) Human resources that provide the firm with personnel who have capabilities, competence and professional ethics;

(e) Engagement performance requirements.

(f) Monitor compliance with the firm’s quality control requirements

(3) Engagement Peer Review programs must include procedures that inform the firm of the results of engagement reviews of the following conditions:

(a) Engagement reviews that identify significant and material non-compliance with professional standards and regulatory and legal requirements.

(b) Engagement reviews where nothing came to the reviewer’s attention that caused the reviewer to believe that the engagements submitted for review were not performed and reported on in conformity with applicable professional standards in all material respects.

(4) Firm inspection standards required by the PCAOB shall be deemed to meet the minimum standards for public company audit firms; provided, however, that such firms, which also perform attest services for non-public companies shall be required to meet the peer review requirements of OAR 801-050.

History

Statutory/Other Authority: ORS 673.455 & OL 2001, Ch. 638 & Sec. 12
Statutes/Other Implemented: ORS 673.455
BOA 7-2009, f. 12-15-09 cert. ef. 1-1-10
BOA 11-2005, f. 11-22-05, cert. ef. 12-15-05
BOA 8-2003, f. 12-23-03 cert. ef. 1-1-04
BOA 6-2001, f. 12-28-01, cert. ef. 1-1-02
BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00
BOA 3-1999, f. & cert. ef. 3-26-99
BOA 1-1998, f. & cert. ef. 1-26-98
AB 2-1996, f. & cert. ef. 9-25-96

Division 60 PIPELINE SCHOLARSHIP GRANT PROGRAM

Or. Admin. R. 801-060-0010 Definitions

(1) " Eligible Student " means an individual who meets the scholarship grant program eligibility requirements under OAR 801-60-0030, is currently enrolled at an eligible institution, and meets all other eligibility criteria established by rule or under the grant agreement.

(2) " Cost of attendance ” means the sum of tuition and standard fees for the number of credit hours per academic term and the cost of required course materials necessary to complete the course.

(3) “ Degree program ” means a program that leads to an associate, baccalaureate, master’s degree or professional certificate.

(4) “ Eligible institution ” means a post-secondary education institution, as defined in Oregon Laws 2025, chapter 370.

(5) “ Good standing ” means the eligible student is maintaining satisfactory academic progress as defined by the eligible institution in accordance with Federal Title IV regulations and guidelines.

(6) " Grant agreemen t" means an agreement entered into between the Board of Accountancy and a nonprofit organization to administer the scholarship grant program.

(7) “ Grantee ” means a nonprofit organization that agrees to administer a scholarship program to provide need-based scholarships to eligible students pursuing degrees or certifications in accounting at eligible institutions.

(8) “ Tuition ” means the amount charged to an eligible student for a course as part of a degree program.

(9) “ The Oregon Board of Accountancy Pipeline Scholarship Grant Program ” or “ Scholarship Grant Program ” means the program authorized under Oregon Laws 2025, chapter 370 and OAR 801-60-0010 to 801-60-0080.

History

Statutory/Other Authority: SB 796 (2025)
Statutes/Other Implemented: Chapter 370, OL
BOA 2-2025, adopt filed 10/22/2025, effective 10/22/2025

Or. Admin. R. 801-060-0020 Grant Requirements

(1) The Board of Accountancy may make grants up to the amount approved in its legislatively approved budget for making grants under the Oregon Board of Accountancy Pipeline Scholarship Grant Program to one or more nonprofit entities to be used to provide need-based scholarships to eligible students seeking higher education in accounting at eligible institutions.

(2) The grantee and the board may enter into a grant agreement specifying the amount of the grant and other terms, including any administrative costs that may be retained by the grantee along with other requirements specified by the board.

(3) Grantees must disburse funds to eligible students within a time schedule specified by the board.

(4) Grantees may not disburse scholarship funds except pursuant to the grant terms and these administrative rules. If a grantee disburses scholarship funds to an ineligible student or otherwise uses the funds in a manner not authorized by the grant agreement or these rules, the grantee must reimburse the board the full amount of those funds.

(5) Grantees must return any unused funds to the board within the time specified in any grant agreement.

(6) Each grantee must maintain sufficient records to document its activities related to the scholarship grant program. Additional recordkeeping requirements may be specified by the board in the grant agreement.

(7) Upon request of the board, each grantee must make its academic and financial records related to the scholarship grant program available for review by the board or its designee and must retain those records for each award for not less than three years after the scholarship funds are awarded to a student.

History

Statutory/Other Authority: SB 796 (2025)
Statutes/Other Implemented: Chapter 370, OL
BOA 2-2025, adopt filed 10/22/2025, effective 10/22/2025

Or. Admin. R. 801-060-0030 Eligible Students

An eligible student is one enrolled at an eligible institution who:

(1) Is currently enrolled in classes totaling at least six (6) quarter or semester credit hours per term;

(2) Demonstrates financial need under the same standard as is required for federal Pell Grant eligibility, Oregon Opportunity Grant eligibility, or as otherwise required under the scholarship award agreement entered into by the student and the grantee;

(3) Is pursuing classes as part of a degree program toward a degree or certification in accounting, with an intent to obtain professional accounting licensure in Oregon; and

(4) Is in good standing at the eligible institution and maintains at least a 2.5 grade point average, or a higher required average as determined by the grantee, in all accounting and business courses.

History

Statutory/Other Authority: SB 796 (2025)
Statutes/Other Implemented: Chapter 370, OL
BOA 2-2025, adopt filed 10/22/2025, effective 10/22/2025

Or. Admin. R. 801-060-0040 Residency Requirements

For a student to be eligible for a scholarship under the scholarship grant program the student must:

(1) Be a U.S. Citizen, or an eligible non-citizen as defined by federal regulations under Title IV, part B of the Higher Education Act of 1965 as amended; and

(2) Be a resident of the State of Oregon.

History

Statutory/Other Authority: SB 796 (2025)
Statutes/Other Implemented: Chapter 370, OL
BOA 2-2025, adopt filed 10/22/2025, effective 10/22/2025

Or. Admin. R. 801-060-0050 Application/Selection Procedures

(1) Applicants for a scholarship under the scholarship grant program must complete and submit the Free Application for Federal Student Aid or its equivalent.

(2) Applicants must submit a scholarship application form, as specified by the grantee, that includes a statement that the eligible student intends to obtain professional accounting licensure in Oregon.

(3) Applications must be filed during the timeframe established by the grantee.

(4) Selection of scholarship recipients must be needs-based and include consideration of any criteria included in the grant agreement.

History

Statutory/Other Authority: SB 796 (2025)
Statutes/Other Implemented: Chapter 370, OL
BOA 2-2025, adopt filed 10/22/2025, effective 10/22/2025

Or. Admin. R. 801-060-0060 Scholarship Amounts

Scholarships awarded to eligible students may be an amount up to the cost of attendance at the eligible institution but no more than $5,000 per student, per academic year for attendance at a university, and no more than $3,000 per student, per academic year for attendance at a community college.

History

Statutory/Other Authority: SB 796 (2025)
Statutes/Other Implemented: Chapter 370,OL
BOA 2-2025, adopt filed 10/22/2025, effective 10/22/2025

Or. Admin. R. 801-060-0070 Conditions of Award

(1) Except as provided in section (2) below, the maximum period of scholarship eligibility for eligible students may not exceed six (6) academic years of undergraduate or graduate level study.

(2) Students who need to exceed the time limitations in section (1) of this rule or to attend school for less than six (6) quarter or semester credit hours per term may be eligible to receive a scholarship, if the grantee determines that the student’s need is legitimate and funds are available.

(3) A scholarship award may not be made to any student failing to maintain the required average GPA required under OAR 801-60-0030(4) or who fails to maintain good standing at the eligible institution.

(4) An eligible student may apply for renewal of a scholarship on an annual basis until the student has received funding for the maximum period of scholarship eligibility described in section (1) of this rule.

History

Statutory/Other Authority: SB 796 (2025)
Statutes/Other Implemented: Chapter 370, OL
BOA 2-2025, adopt filed 10/22/2025, effective 10/22/2025

Or. Admin. R. 801-060-0080 Grantee Reporting Requirements

(1) Grantees receiving a scholarship grant program grant must collect data and other information specified by the Board of Accountancy related to the scholarship grant program and report that information to the board annually or as otherwise specified in the grant agreement.

(2) Grantees must collect and report to the board scholarship recipient information, including where reasonably possible and to the extent allowable by law, the following aggregated, program-wide information, categorized by college or university, regarding the Scholarship Program, applicants, and awardees. Aggregated information should be reported only for colleges or universities where there are at least three or more applicants or scholarship awardees whose information is being aggregated. The information below must be reported unless it is not feasible to provide the information and Recipient receives written approval from the board:

(a) Total number of applicants to the scholarship program.

(b) Total number of scholarships awarded during the year and total number renewed;

(d) Total scholarship funds awarded and the average award amount across all students;

(e) Average GPA of awardees in all accounting and business courses, and range of GPAs (lowest–highest);

(f) Aggregate count of awardees by academic level (e.g., freshman, sophomore, junior, senior, graduate);

(g) For renewal applications, total number of awardees in good standing and, if applicable, total not in good standing;

(h) Total number of awardees with enrollment or completion changes (e.g., revised completion dates, changes in status, leaves of absence);

(i) Aggregate demographic responses (reported in totals only) to voluntary questions per BOA guidance, including age, gender, veteran status and disability (defined as “an individual who is eligible to receive or is receiving federal Social Security benefits due to disability or blindness”).

(j) Summary of any barriers to administering the Oregon Board of Accountancy Pipeline Scholarship Program and how these were addressed;

(k) Aggregate follow-up information, to the extent reasonably possible, from students after participation in the scholarship program, including degrees or certifications obtained by awardees (total counts) and number of awardees who became licensed in Oregon as professional accountants.

History

Statutory/Other Authority: SB 796 (2025)
Statutes/Other Implemented: Chapter 370, OL
BOA 2-2025, adopt filed 10/22/2025, effective 10/22/2025