KRS 325.010 Repealed, 1946
325.010. Repealed, 1946
Catchline at repeal: Definitions.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-7.
PUBLIC ACCOUNTANTS
KRS tit. XXVI, ch. 325
in effectKRS 325.020 Repealed, 1946
325.020. Repealed, 1946
Catchline at repeal: Use of title certified public accountant without license prohibited.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 3941e-8, 3941e-14.
KRS 325.030 Repealed, 1946
325.030. Repealed, 1946
Catchline at repeal: All members of partnership to be licensed -- Corporations not to be licensed.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-8.
KRS 325.040 Repealed, 1946
325.040. Repealed, 1946
Catchline at repeal: Company to keep list of members on file with board secretary.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-8.
KRS 325.050 Repealed, 1946
325.050. Repealed, 1946
Catchline at repeal: Qualifications of applicant for license.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-4.
KRS 325.060 Repealed, 1946
325.060. Repealed, 1946
Catchline at repeal: Examination -- Time, place, subjects.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 3941e-3, 3941e-5.
KRS 325.070 Repealed, 1946
325.070. Repealed, 1946
Catchline at repeal: Fees.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 3941e-9, 3941e-12.
KRS 325.080 Repealed, 1946
325.080. Repealed, 1946
Catchline at repeal: Reexamination.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-9.
KRS 325.090 Repealed, 1946
325.090. Repealed, 1946
Catchline at repeal: Reciprocity.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-6.
KRS 325.100 Repealed, 1946
325.100. Repealed, 1946
Catchline at repeal: Voluntary surrender of license.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-12.
KRS 325.110 Repealed, 1946
325.110. Repealed, 1946
Catchline at repeal: Grounds for revocation of license.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-11.
KRS 325.120 Repealed, 1946
325.120. Repealed, 1946
Catchline at repeal: Notice of proposed revocation.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-11.
KRS 325.130 Repealed, 1946
325.130. Repealed, 1946
Catchline at repeal: Hearing on revocation.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-11.
KRS 325.140 Repealed, 1946
325.140. Repealed, 1946
Catchline at repeal: Revoked license certificate to be surrendered.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-11.
KRS 325.150 Repealed, 1946
325.150. Repealed, 1946
Catchline at repeal: State Board of Accountancy -- Members -- Terms.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-1.
KRS 325.160 Repealed, 1946
325.160. Repealed, 1946
Catchline at repeal: Qualifications of board members.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-1, 3941e-15.
KRS 325.170 Repealed, 1946
325.170. Repealed, 1946
Catchline at repeal: Election of officers.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-2.
KRS 325.180 Repealed, 1946
325.180. Repealed, 1946
Catchline at repeal: Compensation of board members.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-10.
KRS 325.190 Repealed, 1946
325.190. Repealed, 1946
Catchline at repeal: Quorum of board.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-3.
KRS 325.200 Repealed, 1946
325.200. Repealed, 1946
Catchline at repeal: Functions of board.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-3.
KRS 325.210 Repealed, 1946
325.210. Repealed, 1946
Catchline at repeal: Board to keep record, report annually to Governor.
History: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-3.
KRS 325.220 Definitions for chapter
325.220. Definitions for chapter
As used in this chapter, unless the context otherwise requires:
(1) "Attest service" means providing the following services:
(a) Any audit or other engagement subject to and to be performed in accordance with the current versions of the American Institute of Certified Public Accountants (AICPA) Statements on Auditing Standards (SAS), and Government Auditing Standards issued by the United States Government Accountability Office;
(b) Any review of a financial statement subject to and to be performed in accordance with the current versions of the American Institute of Certified Public Accountants (AICPA) Statements on Standards for Accounting and Review Services (SSARS);
(c) Any examination of prospective financial information or other professional services to be performed in accordance with the current versions of the American Institute of Certified Public Accountants (AICPA) Statements on Standards for Attestation Engagements (SSAE);
(d) Any engagement to be performed in accordance with the Public Company Accounting Oversight Board Auditing Standards; and
(e) Any examination, review, or agreed-upon procedures engagement to be performed in accordance with the SSAE, other than an examination described in paragraph (c) of this subsection;
(2) "Board" means the State Board of Accountancy;
(3) "Firm" means a sole proprietorship, partnership, professional service corporation, or any other form of business organization that is authorized to operate under the laws of this Commonwealth, complies with the provisions of this chapter, and is issued a license to practice by the board or is exempt from having to obtain a license pursuant to KRS 325.301;
(4) "Firm manager" means a licensee of this state or another state designated by a firm to be responsible for the firm complying with the firm registration and firm licensing requirements contained in this chapter and administrative regulations promulgated thereunder;
(5) "License" means a license as a certified public accountant or a firm issued pursuant to this chapter;
(6) "Licensee" means a certified public accountant, firm, or public accountant, holding a license to practice issued under this chapter;
(7) "Peer review" means a practice monitoring process designed to promote quality in attest and compilation services, and protect the public interest. The process shall comply with standards that are equivalent to or more stringent than the current version of the Standards for Performing and Reporting on Peer Reviews issued by the American Institute of Certified Public Accountants (AICPA);
(8) "Public accountant" means a public accountant issued a license to practice by the Commonwealth of Kentucky under the Public Accounting Act of 1946 as amended;
(9) (a) "Regulated activities" means the offering to perform or the performance for a client or potential client by a person or firm holding a license issued under this chapter of one (1) or more types of services involving the use of accounting, attest, or compilation services, including the issuance of reports on financial statements, or one (1) or more types of management advisory, financial advisory, or consulting services, or the preparation of tax returns or the furnishing of advice on tax matters.
(b) Notwithstanding paragraph (a) of this subsection, this definition shall not prohibit anyone who is not a certified public accountant from performing accounting and bookkeeping services, as well as the preparation of tax returns or financial statements, for which attestation by the preparer is not required. The board shall promulgate an administrative regulation defining terms, as necessary, that are not included in this chapter;
(10) "Report," when used with reference to any attest or compilation service, means an opinion, report, or other form of language that states or implies assurance as to the reliability of the attested information on 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 from the language of the report itself. The term "report" includes any form of language which disclaims an opinion when such form of language is conventionally understood to imply any positive assurance as to the reliability of the attested information or compiled financial statements referred to or special competence on the part of the person or firm issuing such language; and it includes any other form of language that is conventionally understood to imply such assurance or such special knowledge or competence;
(11) "Sponsoring organization" means a board-approved professional society or other organization responsible for facilitating and administering a peer review program that is equivalent to or more stringent than a program as outlined in the American Institute of Certified Public Accountants (AICPA)'s current version of the Standards for Performing and Reporting on Peer Reviews, including provisions that provide guidance for administering peer reviews;
(12) "State" includes and means any state, territory, or insular possession of the United States, or the District of Columbia; and
(13) "Substantial equivalency" means a determination by the board or its designee that the education, examination, and experience requirements in the statutes and administrative regulations of another state for the licensing of a certified public accountant are comparable or better than those contained in the Uniform Accountancy Act issued by the American Institute of Certified Public Accountants (AICPA) and National Association of State Boards of Accountancy (NASBA), or that an individual certified public accountant's education, examination, and experience qualifications are comparable or exceed these national standards.
Effective: July 14, 2018
History: Amended 2018 Ky. Acts ch. 24, sec. 1, effective July 14, 2018. -- Amended 2015 Ky. Acts ch. 107, sec. 1, effective June 24, 2015. -- Amended 2011 Ky. Acts ch. 31, sec. 1, effective June 8, 2011. -- Amended 2008 Ky. Acts ch. 101, sec. 1, effective July 15, 2008. -- Amended 2000 Ky. Acts ch. 99, sec. 1, effective July 14, 2000. -- Amended 1994 Ky. Acts ch. 248, sec. 2, effective July 15, 1994. – Amended 1992 Ky. Acts ch. 18, sec. 2, effective July 14, 1992. -- Amended 1990 Ky. Acts ch. 285, sec. 1, effective July 13, 1990. -- Amended 1984 Ky. Acts ch. 117, sec. 1, effective July 13, 1984. -- Amended 1968 Ky. Acts ch. 143, sec. 1. -- Created 1946 Ky. Acts ch. 210, sec. 21. Legislative Research Commission Note: (6/24/2015) Under the authority of KRS 7.136(1), the Reviser of Statutes has changed the internal numbering of this statute to place definitions in alphabetical order. No words were changed in this process.
KRS 325.230 State Board of Accountancy -- Membership -- Appointment, qualifications, term, vacancies, removal, compensation
325.230. State Board of Accountancy -- Membership -- Appointment, qualifications, term, vacancies, removal, compensation
(1) There is hereby created a State Board of Accountancy. The board shall consist of seven (7) members, appointed by the Governor. Six (6) of the members shall be certified public accountants. One (1) of the members shall be a citizen at large who is not a certified public accountant. Members serving on the board as of July 15, 1994, shall retain their appointments until their terms expire. Whenever an appointment is to be made, the Kentucky Society of Certified Public Accountants shall submit to the Governor the names of three (3) persons for each vacancy to be filled. All persons recommended shall be qualified for membership on the board, and the Governor shall appoint one (1) of the three (3) recommended. Members of the board shall be citizens of the United States and residents of this state and the certified public accountant members shall hold licenses to practice issued under the provisions of this chapter. Of the new members appointed to the board, as provided by this section, one (1) member shall be appointed for a term of one (1) year and one (1) member shall be appointed for a term of four (4) years from June 19, 1976. Succeeding appointments to the board shall be for a term of four (4) years. Vacancies occurring during a term shall be filled by appointment for the unexpired term. Upon the expiration of his term of office, a member shall continue to serve until his successor shall have been appointed and shall have qualified. The Governor shall remove from the board any member whose license to practice is not renewed or which has become void, revoked, or suspended, and may, after hearing, remove any member of the board for neglect of duty or other just cause.
(2) Each member of the board shall be paid the amount established by an administrative regulation promulgated by the board, not to exceed two hundred dollars ($200) for each day spent in the discharge of his official duties, and shall be reimbursed for his actual and necessary expenses therein incurred.
Effective: July 12, 2006
History: Amended 2006 Ky. Acts ch. 95, sec. 1, effective July 12, 2006. -- Amended 2000 Ky. Acts ch. 99, sec. 2, effective July 14, 2000. -- Amended 1994 Ky. Acts ch. 248, sec. 3, effective July 15, 1994. -- Amended 1984 Ky. Acts ch. 117, sec. 2, effective July 13, 1984. -- Amended 1976 Ky. Acts ch. 116, sec. 1; and ch. 206, sec. 21, effective June 19, 1976. -- Amended 1968 Ky. Acts ch. 143, sec. 2. -- Created 1946 Ky. Acts ch. 210, sec. 2(1) and 3.
KRS 325.240 Officers of the board -- Administrative regulations -- Rules of professional conduct -- Quorum -- Seal -- Records -- Employees -- Expenditure of funds for primary or secondary educational programs and scholarship programs -- Civil immunity for discretionary acts
325.240. Officers of the board -- Administrative regulations -- Rules of professional conduct -- Quorum -- Seal -- Records -- Employees -- Expenditure of funds for primary or secondary educational programs and scholarship programs -- Civil immunity for discretionary acts
(1) The board shall elect annually a president and such other officers as it deems necessary.
(2) The board may promulgate, and amend from time to time, administrative regulations, in accordance with the provisions of KRS Chapter 13A, for the orderly conduct of its affairs, for the administration of this chapter, and to establish and maintain a high standard of integrity and dignity in the profession of public accounting.
(3) A majority of the board shall constitute a quorum for the transaction of business.
(4) The board shall have a seal which shall be judicially noticed. The board shall keep records of its proceedings, and in any proceeding in court, civil or criminal, arising out of or founded upon any provision of this chapter, copies of said records certified as correct under the seal of the board shall be admissible in evidence as tending to prove the content of said records.
(5) The board may employ an executive director and such other personnel as it deems necessary in its administration and enforcement of this chapter. It may appoint such committees or persons, to advise or assist it in the administration and enforcement, as it may see fit. It may retain its own counsel to advise and assist it, in addition to such advice and assistance as is provided by the Attorney General of this state.
(6) The board may join or participate in professional organizations and associations that promote improvement of the practice of accounting for the protection of the public or to facilitate the activities of the board.
(7) The board may expend funds from its account created by KRS 325.250 to:
(a) Assist with accounting educational programs proposed or offered in the primary and secondary schools in this state; and
(b) Support scholarship programs that assist students enrolled in a Kentucky- based college or university who also satisfy other criteria contained in an administrative regulation promulgated by the board. The amount of the expenditure for these programs shall not interfere with the performance of the board's other responsibilities.
(8) Former and current members of the board, its agents, and employees shall be immune from suit for any discretionary act performed by them in good faith.
Effective: July 14, 2022
History: Amended 2022 Ky. Acts ch. 43, sec. 1, effective July 14, 2022. -- Amended 2007 Ky. Acts ch. 50, sec. 2, effective June 26, 2007. -- Amended 2000 Ky. Acts ch. 99, sec. 3, effective July 14, 2000. -- Amended 1984 Ky. Acts ch. 117, sec. 3, effective July 13, 1984. -- Amended 1976 Ky. Acts ch. 116, sec. 2. -- Amended 1968 Ky. Acts ch. 143, sec. 3. -- Created 1946 Ky. Acts ch. 210, sec. 2, (2).
KRS 325.250 Revolving fund for board
325.250. Revolving fund for board
All fees and other moneys received by the board pursuant to the provisions of this chapter shall be deposited in the State Treasury to the credit of a revolving fund for the use of the board in carrying out the provisions of this chapter. No part of this revolving fund shall revert to the general funds of this state. The compensation provided by this chapter and all expenses incurred under this chapter shall be paid from this revolving fund. No such compensation or expense shall be a charge against the general funds of this state.
Effective: June 26, 2007
History: Amended 2007 Ky. Acts ch. 50, sec. 3, effective June 26, 2007. -- Amended 1984 Ky. Acts ch. 117, sec. 4, effective July 13, 1984. -- Created 1946 Ky. Acts ch. 210, sec. 2(4).
KRS 325.260 Repealed, 1968
325.260. Repealed, 1968
Catchline at repeal: Certified public accountants -- Qualifications.
History: Repealed 1968 Ky. Acts ch. 143, sec. 11. -- Created 1946 Ky. Acts ch. 210, sec. 3(1) to (4).
KRS 325.261 Qualifications for licensure as certified public accountant
325.261. Qualifications for licensure as certified public accountant
The license of "certified public accountant" shall be granted by the board to any person who satisfies the following requirements:
(1) Is no less than eighteen (18) years of age;
(2) Is of good moral character;
(3) Has completed at least one (1) of the following:
(a) A post-baccalaureate or higher degree conferred by a college or university recognized by the board with a major or concentration in accounting or its equivalent, as defined in administrative regulations promulgated by the board;
(b) A baccalaureate degree plus an additional thirty (30) semester credit hours, conferred by a college or university acceptable to the board, provided the total educational program includes a concentration in accounting or its equivalent, as defined in administrative regulations promulgated by the board; or
(c) A baccalaureate degree conferred by a college or university recognized by the board with a major or concentration in accounting or its equivalent, as defined in administrative regulations promulgated by the board;
(4) Passes a board-approved examination in accounting, auditing, and other related subjects as the board deems appropriate. To be eligible to apply for the examination, a person shall first satisfy the requirement of subsections (1), (2), and (3) of this section;
(5) Obtains one (1) year of accounting or attest experience if applying for a license based on the educational requirement under subsection (3)(a) or (b) of this section, or obtains two (2) years of accounting or attest experience if applying for a license based on the educational requirement under subsection (3)(c) of this section. The experience required by this subsection shall be obtained:
(a) While employed in public practice, industry, or government and shall be verified by a certified public accountant who, during the time being verified, held an active license to practice from any state;
(b) After the completion of the education requirements established in subsection
(3)(c) of this section; and
(c) Within five (5) years from the date the candidate successfully completed the examination;
(6) At the time of applying for a license is a United States citizen, a citizen of a foreign country who is legally residing in the United States, or is an employee of a public accounting firm, company, or an institution of postsecondary education located outside the United States, but which has an office or campus located in the United States; and
(7) Submits a complete application for a license to practice as a certified public accountant in accordance with KRS 325.330.
Effective: July 15, 2026
History: Amended 2026 Ky. Acts ch. 21, sec. 1, effective July 15, 2026. -- Amended 2015 Ky. Acts ch. 107, sec. 2, effective June 24, 2015. -- Amended 2010 Ky. Acts ch. 163, sec. 1, effective July 15, 2010. -- Amended 2006 Ky. Acts ch. 33, sec. 1, effective July 12, 2006. -- Amended 2002 Ky. Acts ch. 62, sec. 1, effective July 15, 2002. -- Amended 2000 Ky. Acts ch. 99, sec. 4, effective July 14, 2000. -- Amended 1996 Ky. Acts ch. 24, sec. 1, effective July 15, 1996. -- Amended 1994 Ky. Acts ch. 248, sec. 4, effective July 15, 1994. -- Amended 1990 Ky. Acts ch. 285, sec. 2, effective July 13, 1990. -- Amended 1984 Ky. Acts ch. 117, sec. 5, effective July 13, 1984. -- Amended 1978 Ky. Acts ch. 155, sec. 156, effective June 17, 1978. -- Amended 1976 Ky. Acts ch. 116, sec. 3. -- Amended 1970 Ky. Acts ch. 120, sec. 15. -- Created 1968 Ky. Acts ch. 143, sec. 4.
KRS 325.263 Repealed, 2026
325.263. Repealed, 2026
Catchline at repeal: Submission of proof of educational requirements on and after April 1, 2007, by previously approved candidates.
History: Repealed 2026 Ky. Acts ch. 21, sec. 4, effective July 15, 2026. -- Created 2006 Ky. Acts ch. 33, sec. 2, effective July 12, 2006.
KRS 325.265 Repealed, 1990
325.265. Repealed, 1990
Catchline at repeal: Persons eligible for CPA examination -- Experience requirements to be met.
History: Repealed 1990 Ky. Acts ch. 285, sec. 14, effective July 13, 1990. -- Amended 1984 Ky. Acts ch. 117, sec. 6, effective July 13, 1984. -- Amended 1976 Ky. Acts ch. 116, sec. 4. -- Created 1968 Ky. Acts ch. 143, sec. 5.
KRS 325.270 Examination for certified public accountant -- Fees -- Reciprocity -- Cancellation of examination scores for failure to apply for license
325.270. Examination for certified public accountant -- Fees -- Reciprocity -- Cancellation of examination scores for failure to apply for license
(1) Examinations provided for in this chapter shall be authorized by the board.
(2) The board may by administrative regulation adopt standards and fees governing the application and all examination policies and procedures.
(3) The board may accept examination results from other states if:
(a) It is established that the examination is the same or substantially similar to the one adopted by the board; and
(b) The candidate has met the prerequisite examination requirements of this chapter.
(4) An examination candidate who passes all sections of the examination shall apply for a license within five (5) years from the date the candidate successfully completed the examination. Failure to apply for a license prior to the expiration of the five (5) year period shall result in cancellation of the examination scores.
Effective: June 24, 2015
History: Amended 2015 Ky. Acts ch. 107, sec. 3, effective June 24, 2015. -- Amended 2010 Ky. Acts ch. 163, sec. 2, effective July 15, 2010. -- Amended 2002 Ky. Acts ch. 62, sec. 2, effective July 15, 2002. -- Amended 1990 Ky. Acts ch. 285, sec. 3, effective July 13, 1990. -- Amended 1984 Ky. Acts ch. 117, sec. 7, effective July 13, 1984. -- Amended 1976 Ky. Acts ch. 116, sec. 5. -- Amended 1968 Ky. Acts ch. 143, sec. 6. -- Amended 1960 Ky. Acts ch. 224, sec. 1. -- Created 1946 Ky. Acts ch. 210, sec. 3(5).
KRS 325.280 Qualifications for licensure as certified public accountant by reciprocity and for foreign accountants
325.280. Qualifications for licensure as certified public accountant by reciprocity and for foreign accountants
(1) The board may issue a license to practice by reciprocity, if the applicant:
(a) Submits an application for a license to practice any regulated activity, upon forms approved by the board;
(b) Pays all required fees, in the amounts as determined by administrative regulation promulgated by the board; and
(c) Meets the following requirements: 1. Satisfies the educational requirement in KRS 325.261(3); 2. Receives a grade on the Uniform CPA Examination in another state that was equivalent to a passing grade at the time in this Commonwealth; 3. Holds a valid active license, and is in good standing as a certified public accountant, issued under the laws of any other state; and 4. Meets all current experience requirements in this chapter, except for KRS 325.261(5)(c), at the time application is made, or within the ten (10) years immediately preceding the application, had four (4) years of experience in the practice of the regulated activities acceptable to the board upon which the license was based.
(2) The board may issue a license to practice the regulated activities without examination to an applicant who holds a valid license to engage in the practice of the regulated activities in good standing from a foreign country if:
(a) The applicant's foreign country makes similar provisions to allow a person who holds a valid license to practice the regulated activities issued by this Commonwealth to obtain that foreign country's comparable designation;
(b) The authority of the foreign country that issued the designation regulates the practice of the regulated activities, including the issuance of reports;
(c) The foreign designation was granted upon education and examination requirements which were established by the foreign authority or law and were substantially equivalent to those in effect in this Commonwealth at the time the foreign designation was granted;
(d) The applicant satisfies the applicable experience requirement contained in subsection (1)(c) of this section;
(e) The applicant has successfully passed a uniform qualifying examination on United States national standards prepared by the National Association of State Boards of Accountancy; and
(f) The applicant submits an application for a license to practice the regulated activities, upon forms approved by the board, and pays the fees listed in administrative regulations promulgated by the board.
Effective: July 15, 2026
History: Amended 2026 Ky. Acts ch. 21, sec. 3, effective July 15, 2026. -- Amended 2022 Ky. Acts ch. 43, sec. 2, effective July 14, 2022. -- Amended 2015 Ky. Acts ch. 107, sec. 4, effective June 24, 2015. -- Amended 2008 Ky. Acts ch. 101, sec. 2, effective July 15, 2008. -- Amended 2004 Ky. Acts ch. 34, sec. 1, effective July 13, 2004. -- Amended 2000 Ky. Acts ch. 99, sec. 5, effective July 14, 2000. -- Amended 1994 Ky. Acts ch. 248, sec. 5, effective July 15, 1994. -- Amended 1990 Ky. Acts ch. 285, sec. 4, effective July 13, 1990. -- Amended 1984 Ky. Acts ch. 117, sec. 8, effective July 13, 1984. -- Amended 1968 Ky. Acts ch. 143, sec. 7. -- Created 1946 Ky. Acts ch. 210, secs. 3 (7), (8) and 4.
KRS 325.282 Privilege to practice granted to out-of-state licensee meeting substantially equivalent licensure requirements -- Qualifications -- Conditions agreed to -- When coordination with in-state firm required -- Revocation of privilege
325.282. Privilege to practice granted to out-of-state licensee meeting substantially equivalent licensure requirements -- Qualifications -- Conditions agreed to -- When coordination with in-state firm required -- Revocation of privilege
(1) A person who does not have an office located in this state and holds a valid license in good standing to practice as a certified public accountant from any state shall have all the practice privileges granted to the holder of a license issued under this chapter without having to obtain a license from the board if at the time of initial licensure, the person was required to show evidence of having met the following requirements:
(a) Passage of a board-approved examination in accounting, auditing, and other related subjects as the board deems appropriate; and
(b) Attainment of the education and experience requirements set forth in KRS 325.261(3) and (5).
(2) A person whose principal place of business is not in this state shall continue to have all the privileges of licensees in this state without the need to obtain a license from the board if, as of June 30, 2025, the person:
(a) Holds a valid license as a certified public accountant from any state; and
(b) Has practice privileges in this state under this chapter.
(3) Notwithstanding any other provision of this chapter, a person who satisfies the requirements of subsection (1) of this section:
(a) Is not required to provide notice of offering or providing such services to the board; and
(b) Is subject to the requirements listed in subsection (4) of this section.
(4) A person who offers to perform or performs a regulated activity in person or by mail, telephone, or other electronic means in this state pursuant to this section agrees to:
(a) Submit to the personal and subject matter jurisdiction and disciplinary authority of the board;
(b) Comply with the provisions of this chapter and the administrative regulations of the board;
(c) Cease exercising the privilege if the license issued by the board or agency located in the state of the person's principal place of business expires or is no longer valid;
(d) The appointment of the state board or agency where the person's principal place of business is located and which issued the person's license as the agent upon whom process may be served in any action or proceeding by the Kentucky State Board of Accountancy against that person;
(e) Notify the board prior to opening any office in this state and immediately apply for a license under KRS 325.280; and
(f) Notify the board immediately if the person's license in the state where his or her principal place of business is located becomes inactive, lapses, or is subjected to any disciplinary action.
(5) The board may take disciplinary action against a per son granted a privilege under this section for an act committed by the person in another state if the act at the time of its commission is a violation of that state's law or regulations and this chapter or administrative regulations promulgated pursuant to this chapter.
(6) A person who qualifies for the practice privilege under this section and offers to perform or performs one (1) or more of the following services for a client with its home office located in this state or for a person who is a resident of this state shall perform the service or services through a firm which has obtained a license issued under KRS 325.301:
(a) Any financial statement audit or other engagement to be performed in accordance with the Statements on Auditing Standards;
(b) Any examination of prospective financial statements to be performed in accordance with the Statements on Standards for Attestation Engagements; or
(c) Any engagement to be performed in accordance with the Public Company Accounting Oversight Board Auditing Standards.
(7) (a) Notwithstanding any other provision of this chapter, if the board determines after evaluation that another state has granted certified public accountant licenses without requiring candidates to meet minimum qualifications acceptable to the board and continue to satisfy minimum continuing professional educational requirements acceptable to the board, the board may revoke practice privileges in this state for certified public accountants licensed by that state.
(b) Individual certified public accountants from states for which practice privileges have been revoked may continue to qualify for practice privileges in Kentucky if the person would meet licensing and continuing education requirements of this state.
Effective: July 15, 2026
History: Amended 2026 Ky. Acts ch. 21, sec. 2, effective July 15, 2026. -- Created 2008 Ky. Acts ch. 101, sec. 3, effective July 15, 2008.
KRS 325.285 Consent to jurisdiction of the board by unlicensed persons and firms
325.285. Consent to jurisdiction of the board by unlicensed persons and firms
(1) A person or firm that enters this state in person or by mail, telephone, or other electronic means; represents himself, herself, or itself as a "certified public accountant," "CPA," or CPA firm; and performs or offers to perform a regulated activity for a client whose home office is located in this state or a person who is a resident of this state without first:
(a) Obtaining a license under this chapter;
(b) Complying with the practice privilege requirement in KRS 325.282; or
(c) Qualifying for the exemption from licensure under KRS 325.301; consents to the personal, subject matter, and disciplinary jurisdiction of the board.
(2) The board may conduct investigations and hearings and impose sanctions against the person or firm as if the person or firm held a license under this chapter.
Effective: July 15, 2008
History: Amended 2008 Ky. Acts ch. 101, sec. 4, effective July 15, 2008. -- Created 2007 Ky. Acts ch. 50, sec. 1, effective June 26, 2007.
KRS 325.290 Use of title "certified public accountant" -- Uncompensated services provided by licensee granted continuing professional education waiver based on retirement
325.290. Use of title "certified public accountant" -- Uncompensated services provided by licensee granted continuing professional education waiver based on retirement
(1) Only an individual who has received a license to practice or qualifies for a p ractice privilege shall be styled and known as a "certified public accountant." A certified public accountant may also use the abbreviation "CPA" or "public accountant."
(2) Licensees granted a waiver from continuing professional education based on retirement may use "certified public accountant," "public accountant," or "CPA," but shall not engage in regulated activities.
(3) Nothing in this section shall preclude a licensee who has been granted a continuing professional education waiver based on retiremen t from providing the following uncompensated services on a volunteer basis:
(a) Preparing taxes;
(b) Participating in a government -sponsored business-mentoring program;
(c) Serving on the board of directors for a nonprofit or governmental organization; or
(d) Serving on a government-appointed advisory body.
(4) As prescribed by the board in accordance with administrative regulations promulgated by the board, licensees applying for and renewing the continuing professional education waiver based on retirement shall affirm their understanding of the limited types of activities in which they may engage while on the waiver and their understanding that they have a professional duty to ensure that they hold the professional competencies necessary to offer these lim ited services.
Effective: June 27, 2025
History: Amended 2025 Ky. Acts ch. 4, sec. 1, effective June 27, 2025. -- Amended 2008 Ky. Acts ch. 101, sec. 5, effective July 15, 2008. -- Amended 2000 Ky. Acts ch. 99, sec. 6, effective July 14, 2000. -- Amended 1994 Ky. Acts ch. 248, sec. 6, effective July 15, 1994. -- Amended 1990 Ky. Acts ch. 285, sec. 5, effective July 13, 1990. -- Created 1946 Ky. Acts ch. 210, sec. 3(6).
KRS 325.300 Repealed, 1994
325.300. Repealed, 1994
Catchline at repeal: Partnership or corporation of certified public accountants -- Registration.
History: Repealed 1994 Ky. Acts ch. 248, sec. 12, effective July 15, 1994. -- Amended 1990 Ky. Acts ch. 285, sec. 6, effective July 13, 1990. -- Amended 1976 Ky. Acts ch. 116, sec. 6. -- Created 1946 Ky. Acts ch. 210, sec. 5.
KRS 325.301 Firms required to obtain license to practice in Kentucky -- Firms exempted from licensure requirement -- Criteria for license -- Peer Review Oversight Committee -- Administrative regulations
325.301. Firms required to obtain license to practice in Kentucky -- Firms exempted from licensure requirement -- Criteria for license -- Peer Review Oversight Committee -- Administrative regulations
(1) The following firms shall obtain a license to practice in this state:
(a) Any firm with an office located in this state performing attest services, as defined in KRS 325.220; and
(b) Any firm with an office in this state that uses the title "CPA" or other phrase or abbreviation in any manner described in KRS 325.410 to suggest it is a certified public accounting firm.
(2) A firm which does not have an office in this state that performs services described in KRS 325.220 for a client having its home office located in this state or a client who is a resident of this state shall not be required to obtain a license to practice in this state and may use the title "CPA" in the name of the firm if:
(a) The firm complies with the requirements contained in subsections (3)(a) and (10) of this section;
(b) All services provided by the firm are performed by an individual with a practice privilege granted under KRS 325.282; and
(c) The firm can legally provide the services in the state where the individual with a practice privilege has his or her principal place of business.
(3) All firms required to obtain a license to practice in this Commonwealth shall meet the following requirements:
(a) Certified public accountants shall hold fifty-one percent (51%) or more of the ownership of the firm in terms of financial interests and voting rights of all partners, officers, shareholders, members, or managers of the firm;
(b) All owners of the firm who are not certified public accountants shall be natural persons actively engaged in the firm's operations and shall satisfy additional requirements established by the board through promulgation of an administrative regulation;
(c) The name of the firm shall comply with the requirements of KRS 325.380;
(d) All certified public accountants who are sole proprietors, partners, shareholders, members, officers, directors, or employees of a firm with an office located in this state, who regularly practice in this Commonwealth, shall maintain current licenses to practice issued by the board;
(e) Any individual licensee and any individual qualifying for a practice privilege under this chapter who is responsible for supervising attest services and signs or authorizes someone to sign the report on behalf of the firm shall meet the competency requirements established by the board through promulgation of an administrative regulation; and
(f) The firm shall comply with the provisions of this chapter, the administrative regulations promulgated by the board, and all other laws of this Commonwealth applicable to the firm's particular form of business organization.
(4) Before a firm may practice in this Commonwealth, the firm manager shall:
(a) Submit an initial application which contains information required by the board through promulgation of an administrative regulation; and
(b) Pay a fee not to exceed two hundred dollars ($200) established by an administrative regulation promulgated by the board.
(5) The firm license shall be renewed on or before August 1 every two (2) years by the firm manager:
(a) Completing the renewal process according to the procedures as established in administrative regulation promulgated by the board; and
(b) Paying the renewal fee, which shall not exceed two hundred dollars ($200), as established by administrative regulation promulgated by the board.
(6) If a firm license has been expired for a period of less than one (1) month and the firm has not violated any other provision of this chapter or the accompanying administrative regulations promulgated thereunder, the firm manager may renew the license by:
(a) Satisfying all the requirements of this subsection, including any requirements established by the board through promulgation of an administrative regulation; and
(b) In addition to the renewal fee, paying a late fee not to exceed one hundred dollars ($100).
(7) A firm with a license expired for a period of longer than one (1) month after the date of expiration shall cease operating immediately. The firm shall not operate until the board approves the issuance of a new license to the firm.
(8) Sole proprietors shall comply with the licensing requirements for firms under this section.
(9) The firm manager shall notify the board in accordance with procedures established in an administrative regulation promulgated by the board, of any change in its licensing information within thirty (30) days. Any change in the name of a firm shall require the filing of an initial application.
(10) (a) All firms that perform attest or compilation services shall enroll in, schedule, undergo, and complete its peer review in an approved peer review program with standards that are equivalent to or better than the peer review program administered by the American Institute of Certified Public Accountants as determined by administrative regulations promulgated by the board.
(b) Every firm shall comply with any requirements or restrictions placed on its license as prescribed by the board in response to the results of peer reviews; and
(c) Every firm shall allow the sponsoring organization to provide the board access to the peer review documents via a secure Web site process, such as Facilitated State Board Access and its successor operated by the American Institute of Certified Public Accountants, or similar system operated by another equivalent sponsoring organization.
(11) Nothing contained in this chapter shall require a certified public accountant or firm of certified public accountants licensed by another state to obtain a license to practice in this Commonwealth if the certified public accountant or firm of certified public accountants enters this Commonwealth solely to:
(a) Conduct a peer review of a firm; or
(b) Perform attestation work, incidental to an engagement which was initiated with a client located outside of the Commonwealth and has extended into the Commonwealth due to common ownership or existence of a subsidiary, assets, or other operations located within the Commonwealth.
(12) A Peer Review Oversight Committee may be appointed by the board to monitor the board-approved peer review program, including sponsoring organizations. The purpose of the committee is to provide reasonable assurance that peer reviews are being conducted and reported in accordance with peer review standards. The board shall promulgate an administrative regulation setting forth the process and procedures of the committee.
Effective: July 14, 2018
History: Amended 2018 Ky. Acts ch. 24, sec. 2, effective July 14, 2018. -- Amended 2015 Ky. Acts ch. 107, sec. 5, effective June 24, 2015. -- Amended 2011 Ky. Acts ch. 31, sec. 2, effective June 8, 2011. -- Amended 2008 Ky. Acts ch. 101, sec. 6, effective July 15, 2008. -- Amended 2000 Ky. Acts ch. 99, sec. 7, effective July 14, 2000. -- Amended 1996 Ky. Acts ch. 24, sec. 2, effective July 15, 1996. -- Created 1994 Ky. Acts ch. 248, sec. 1, effective July 15, 1994. Legislative Research Commission Note (7/14/2018). Under the authority of KRS 7.136(1), the Reviser of Statutes has modified the internal numbering of subsection
(10) of this statute from the way it appeared in 2018 Ky. Acts ch. 24, sec. 2. The words in the text were not changed. Legislative Research Commission Note: (6/24/2015). Under the authority of KRS 7.136(1), the Reviser of Statutes has changed the internal numbering of KRS 325.220 to place definitions in alphabetical order and changed references to that statute in subsections (1) and (2) of this statute to correspond. No words were changed in this process.
KRS 325.310 Repealed, July 14, 2000
325.310. Repealed, July 14, 2000
Catchline at repeal: Registration of public accountants -- Use of title "public accountant."
History: Repealed 2000 Ky. Acts ch. 99, sec. 16, effective July 14, 2000. -- Amended 1984 Ky. Acts ch. 117, sec. 9, effective July 13, 1984. -- Created 1946 Ky. Acts ch. 210, sec. 6.
KRS 325.312 Designation as public accountant emeritus
325.312. Designation as public accountant emeritus
Persons registered with the board as "public accountants" by July 1, 1946, shall receive the designation of "Public Accountant Emeritus" and shall be exempt from the payment of licensing fees and the reporting of continuing education hours. No persons shall assume or use the title or designation "Public Accountant Emeritus" unless designated by the board under this section.
Effective: July 14, 2000
History: Created 2000 Ky. Acts ch. 99, sec. 15, effective July 14, 2000.
KRS 325.315 Repealed, 1968
325.315. Repealed, 1968
Catchline at repeal: Qualification as public accountants of persons with experience in federal service.
History: Repealed 1968 Ky. Acts ch. 143, sec. 11. -- Created 1948 Ky. Acts ch. 134, sec. 1.
KRS 325.320 Repealed, July 14, 2000
325.320. Repealed, July 14, 2000
Catchline at repeal: Partnership or corporation of public accountants -- Registration.
History: Repealed 2000 Ky. Acts ch. 99, sec. 16, effective July 14, 2000. -- Amended 1976 Ky. Acts ch. 116, sec. 7. -- Created 1946 Ky. Acts ch. 210, sec. 7.
KRS 325.321 Repealed, 1994
325.321. Repealed, 1994
Catchline at repeal: Sole proprietorship -- Registration -- Firm permit -- Application.
History: Repealed 1994 Ky. Acts ch. 248, sec. 12, effective July 15, 1994. -- Amended 1990 Ky. Acts ch. 285, sec. 7, effective July 13, 1990. -- Created 1976 Ky. Acts ch. 116, sec. 8.
KRS 325.330 Application and issuance of license to practice -- Renewal -- Expiration -- Continuing professional education -- Reinstatement
325.330. Application and issuance of license to practice -- Renewal -- Expiration -- Continuing professional education -- Reinstatement
(1) An applicant for an initial license to practice shall:
(a) Satisfy all the requirements of KRS 325.261 and the administrative regulations promulgated by the board;
(b) Pay a fee not to exceed two hundred dollars ($200); and
(c) Complete the application process established in an administrative regulation promulgated by the board.
(2) Licenses shall be initially iss ued and renewed for a period of two (2) years, and shall expire on the first day of July in the year of expiration.
(3) When an initial license to practice is granted, the board shall issue a nonrenewable document that indicates that the licensee has satis fied all requirements to receive an initial license as a certified public accountant.
(4) An applicant for renewal of a license to practice who is in good standing shall complete the renewal procedure established in administrative regulations promulgated by the board that show that the applicant has:
(a) Fulfilled the requirement of continuing professional education as defined by the board by administrative regulation, but not to exceed eighty (80) hours during a two (2) year calendar period ending December 31 preceding the July 1 renewal date. Certified public accountants not employed by a firm licensed by the board shall be required to achieve continuing professional education not to exceed sixty (60) hours during the two (2) year calendar period ending December 31 preceding the July 1 renewal date. The board shall provide for lesser, prorated requirements for applicants whose initial permit was issued substantially less than two (2) years prior to the renewal date;
(b) Paid a fee not to exceed two hundred dollars ($200) biennially;
(c) Listed a permanent mailing address; and
(d) Designated as part of the renewal process whether the applicant is employed by a firm licensed by the board.
(5) Any license not renewed by the expiration date shall automatically expire and the holder of the expired license shall be prohibited from practicing public accounting or holding himself or herself out as a certified public accountant.
(6) (a) The holder of a license that from the date of renewal has been expired for a period shorter than six (6) months, and who has not violated any other provision of this chapter, may renew the license by meeting all of the requirements of this section and paying a late penalty fee not to exceed one hundred dollars ($100).
(b) If the license has expired for a period longer than six (6) months, the applicant shall apply to the board for reinstatement. The board shall determine the eligibility for license reissuance, including a late penalty fee not to exceed two hundred dollars ($200) and additional continuing professional education hours.
(c) Failure to receive a renewal notice shall not constitute an adequate reason for failing to renew the license to practice in a timely manner.
(7) (a) Effective January 1, 2011, licenses shall expire on August 1 of the year in which they are to be renewed. Odd-numbered licenses shall expire on August 1 of every odd-numbered year and even-numbered licenses shall expire on August 1 of every even-numbered year.
(b) An applicant for renewal of a license to practice who is in good standing shall complete the renewal procedure, which shall be established by administrative regulation promulgated by the board and shall require the applicant to: 1. Fulfill the continuing professional education requirements, as defined by the board by promulgation of administrative regulation, in accordance with the following: a. Certified public accountants employed by or operating a firm licensed by the board shall be required to complete no more than eighty (80) hours of continuing professional education during the two (2) year calendar period ending Decemb er 31 preceding the August 1 renewal date; b. Certified public accountants not employed by a firm licensed by the board shall be required to complete no more than sixty (60) hours during the two (2) year calendar period ending December 31 preceding the August 1 renewal date; and c. The board shall provide for lesser, prorated requirements for applicants whose initial license was issued substantially less than two (2) years prior to the renewal date; 2. Pay a fee not to exceed two hundred dollars ($200) bien nially; 3. Provide a permanent mailing address; and 4. Designate where the applicant is currently practicing.
(c) Any license not renewed by the expiration date shall automatically expire, and the holder of the expired license shall be prohibited from prac ticing public accounting or holding himself or herself out as a certified public accountant.
(d) 1. The holder of a license that has been expired for a period of less than one (1) month, who has not violated any other provision of this chapter, may renew the license by meeting all of the requirements of this section and paying a late penalty fee not to exceed one hundred dollars ($100). 2. If the license has expired for a period longer than one (1) month, the applicant shall apply to the board for reinstate ment. The board shall determine the eligibility for license reissuance, including a late penalty fee not to exceed two hundred dollars ($200) and additional continuing professional education hours.
(8) The board may reduce or waive the license to practice renewal requirements upon written request of the licensee showing illness, extreme hardship, or age and retirement from practice as prescribed by the board by administrative regulation.
(9) A licensee shall notify the board in writing of a change in his or her mailing address within twenty (20) days following the effective date of the change in address.
Effective: June 27, 2025
History: Amended 2025 Ky. Acts ch. 4, sec. 2, effective June 27, 2025. -- Amended 2010 Ky. Acts ch. 163, sec. 3, effective July 15, 2010. -- Amended 2007 Ky. Acts ch. 50, sec. 4, effective June 26, 2007. -- Amended 2000 Ky. Acts ch. 99, sec. 8, effective July 14, 2000. -- Amended 1990 Ky. Acts ch. 285, sec. 8, effective July 13, 1990. -- Amended 1984 Ky. Acts ch. 117, sec. 10, effective July 13, 1984. -- Amended 1982 Ky. Acts ch. 132, sec. 1, effective July 15, 1982. -- Amended 1976 Ky. Acts ch. 116, sec. 9. -- Amended 1960 Ky. Acts ch. 224, sec. 2, effective July 1, 1960. -- Amended 1950 Ky. Acts ch. 152, sec. 1. -- Created 1946 Ky. Acts ch. 210, sec. 8. Legislative Research Commission Note (6/26/2007). Under the authority of KRS 7.136(1), the Reviser of Statutes in codification has changed the internal numbering system of subsection (6) of this statute. No words in the text were changed in the process.
KRS 325.340 Revocation, suspension, or refusal to renew or issue license -- Private reprimand for minor violation -- Administrative regulations
325.340. Revocation, suspension, or refusal to renew or issue license -- Private reprimand for minor violation -- Administrative regulations
(1) After notice and hearing as provided in KRS Chapter 13B, the board may revoke, suspend, impose a fine not to exceed one thousand dollars ($1,000) for each violation of a provision of this chapter or administrative regulations promulgated by the board under this chapter, refuse to issue or renew any license, censure, place on probation, or issue a private reprimand to any person or firm, all with or without terms, for any one (1) or any combination of the following causes:
(a) Fraud or deceit in obtaining a license issued under this chapter;
(b) Dishonesty, fraud, or negligence while performing any regulated activity, including fiscal dishonesty or an intentional breach of fiduciary responsibility of any kind, and also including but not limited to the following: 1. Knowing preparation, publication, or dissemination of false, fraudulent, or materially misleading financial statements, reports, or information; and 2. Embezzlement, theft, misappropriation of funds or property, or obtaining money, property, or other valuable consideration by fraudulent means or false pretenses;
(c) Violation of any of the provisions of this chapter or administrative regulations promulgated by the board under this chapter or violation of any order of the board;
(d) Violation of a rule of professional conduct promulgated by the board;
(e) Conviction of any felony, or of any crime in which dishonesty or fraud is an element, under the laws of any state or of the United States. Conviction includes, but is not limited to, pleading no contest, entering an Alford plea, or entry of a court order suspending the imposition of a criminal penalty to a crime, if in accordance with KRS Chapter 335B;
(f) Cancellation, revocation, suspension, or refusal to renew the authority to practice as a certified public accountant or a public accountant in any state;
(g) Suspension or revocation of the right to practice before any state or federal agency or the Public Company Accounting Oversight Board or its successor;
(h) Conduct discreditable to the accounting profession; or
(i) Failure to respond to a board inquiry regarding any licensing or complaint matter.
(2) In any proceeding in which a remedy provided by subsection (1) of this section is imposed, the board may also require the respondent to pay the costs of the investigation and all proceedings.
(3) A private reprimand shall not be subject to disclosure to the public under KRS 61.878(1)(l). A private reprimand shall not constitute disciplinary action, but may be used by the board for statistical purposes, or in subsequent disciplinary actions against the same licensee.
(4) (a) Any licensee disciplined under this section for a minor violation may request in writing that the board expunge the minor violation from the licensee's record.
(b) A request for expungement may be filed no sooner than ten (10) years after the date on which the licensee completed the disciplinary sanctions imposed and may only be filed if the licensee has not been disciplined, within this same period of time, for any subsequent violation of the same nature.
(c) No licensee may have his, her, or its record expunged under this section more than once.
(d) A minor violation is one that does not: 1. Demonstrate a serious inability to practice the profession; 2. Result in economic harm to a person; or 3. Create a significant threat of such harm.
(5) The board shall promulgate administrative regulations under KRS Chapter 13A to establish procedures to expunge a minor violation.
Effective: July 14, 2018
History: Amended 2018 Ky. Acts ch. 24, sec. 3, effective July 14, 2018. -- Amended 2017 Ky. Acts ch. 158, sec. 75, effective June 29, 2017. -- Amended 2007 Ky. Acts ch. 50, sec. 5, effective June 26, 2007. -- Amended 2000 Ky. Acts ch. 99, sec. 9, effective July 14, 2000. -- Amended 1996 Ky. Acts ch. 318, sec. 294, effective July 15, 1996. -- Amended 1994 Ky. Acts ch. 248, sec. 7, effective July 15, 1994. -- Amended 1990 Ky. Acts ch. 285, sec. 9, effective July 13, 1990. -- Amended 1984 Ky. Acts ch. 117, sec. 11, effective July 13, 1984. -- Amended 1976 Ky. Acts ch. 116, sec. 10. -- Amended 1968 Ky. Acts ch. 143, sec. 8. -- Amended 1960 Ky. Acts ch. 233, sec. 1. -- Amended 1950 Ky. Acts ch. 152, sec. 2. -- Created 1946 Ky. Acts ch. 210, sec. 9.
KRS 325.350 Revocation or suspension of, or refusal to renew license of firm
325.350. Revocation or suspension of, or refusal to renew license of firm
(1) After notice and hearing as provided in KRS Chapter 13B, the board shall revoke the license to practice of a firm if at any time it does not have all the qualifications prescribed by this chapter under which it qualified for licensing.
(2) After notice and hearing as provided in KRS Chapter 13B, the board may revoke, suspend, or refuse to renew the license to practice of a firm or may censure the licensee for any of the causes enumerated in KRS 325.340, and for the following additional causes:
(a) The revocation, suspension, or refusal to renew the license to practice of any partner or shareholder, or any other person with an ownership interest; or
(b) The cancellation, revocation, suspension, or refusal to renew the authority of the firm or any partner or shareholder, or any other person with an ownership interest thereof to practice public accounting in any other state.
Effective: July 14, 2000
History: Amended 2000 Ky. Acts ch. 99, sec. 10, effective July 14, 2000. -- Amended 1996 Ky. Acts ch. 318, sec. 295, effective July 15, 1996. -- Amended 1994 Ky. Acts ch. 248, sec. 8, effective July 15, 1994. -- Amended 1984 Ky. Acts ch. 117, sec. 12, effective July 13, 1984. -- Amended 1978 Ky. Acts ch. 384, sec. 107, effective June 17, 1978. -- Amended 1976 Ky. Acts ch. 116, sec. 11. -- Created 1946 Ky. Acts ch. 210, sec. 10.
KRS 325.360 Proceedings for violations of this chapter
325.360. Proceedings for violations of this chapter
(1) The board may conduct investigations of suspected violations of this chapter or the administrative regulations promulgated by the board to determine whether there is probable cause to institute proceedings against any person or firm for any violation under this chapter, but an investigation under this section shall not be a prerequisite to proceedings. In aid of these investigations, the board or its designee may issue subpoenas to compel witnesses to testify and to produce evidence. Subpoenas may be served in person or by certified mail, return receipt requested.
(2) The board may designate a member, or any other person of appropriate competence, to serve as investigating officer to conduct an investigation. Upon completion of an investigation, the investigating officer shall report to the board. The board shall then find probable cause or lack of probable cause, or it shall request that the investigating officer investigate further. Until there has been a determination of probable cause, the findings of the investigating officer, the testimony and documents gathered in the investigation, and the fact of pendency of the investigation shall be treated as confidential information and shall not be disclosed to any person except law enforcement authorities and, to the extent deemed necessary in order to conduct the investigation, the subject of the investigation, persons whose complaints are being investigated, and witnesses questioned in the course of the investigation.
(3) Upon a finding of probable cause, the board shall direct that a complaint be issued pursuant to this section setting forth appropriate charges and a date for a hearing that shall be conducted in accordance with KRS Chapter 13B. Upon a finding of a lack of probable cause, the board shall dismiss the matter either with or without prejudice.
(4) In any case where probable cause has been determined pursuant to this section, the board may request the affected party to informally resolve the matter through mediation or otherwise.
(5) A person or firm, after having been served with the notice of hearing and complaint as provided for in subsection (3) of this section, shall file a written response within twenty (20) days from the date of service. If the respondent licensee fails to file a timely response or fails to appear at the hearing, the board may hear evidence against the respondent and may enter a final order as shall be justified by the evidence.
(6) In a hearing under this section, the respondent may appear in person or, in the case of a firm, through a partner, shareholder, or other person with an ownership interest.
(7) The evidence supporting the complaint shall be presented by the investigating officer, by a board member designated for that purpose, or by counsel. A board member who presents the evidence, or who has conducted the investigation of the matter under this section, shall not participate in the board's decision of the matter.
(8) In a hearing under this section before the board or in acting upon the recommended order of a hearing officer, a vote of a majority of all members of the board then in office, other than a member disqualified by reason of subsection (7) of this section, shall be required to sustain any charge and to impose any penalty with respect thereto.
(9) Any person adversely affected by any order of the board may obtain a review thereof by filing a written petition for review with the Franklin Circuit Court in accordance with KRS Chapter 13B.
(10) On rendering a final order, the board shall examine its records to determine whether the respondent is authorized or licensed to practice as a certified public accountant in any other state. If the board determines that the respondent is authorized or licensed to practice in any other state, the board shall notify the board of accountancy of the other state of its action by mail within thirty (30) days of rendering the final order.
(11) The board may exchange information relating to proceedings resulting in disciplinary action against licensees with the boards of accountancy of other states and with other public authorities or private organizations having an interest in the information.
Effective: June 26, 2007
History: Amended 2007 Ky. Acts ch. 50, sec. 6, effective June 26, 2007. -- Amended 2000 Ky. Acts ch. 99, sec. 11, effective July 14, 2000. -- Amended 1996 Ky. Acts ch. 318, sec. 296, effective July 15, 1996. -- Amended 1994 Ky. Acts ch. 248, sec. 9, effective July 15, 1994. -- Amended 1990 Ky. Acts ch. 285, sec. 10, effective July 13, 1990. -- Amended 1984 Ky. Acts ch. 117, sec. 13, effective July 13, 1984. -- Amended 1980 Ky. Acts ch. 114, sec. 85, effective July 15, 1980. -- Amended 1976 Ky. Acts ch. 116, sec. 12. -- Amended 1974 Ky. Acts ch. 315, sec. 65. -- Created 1946 Ky. Acts ch. 210, sec. 11.
KRS 325.370 Modification, suspension, or reissuance of license
325.370. Modification, suspension, or reissuance of license
(1) In any case where the board has suspended, revoked, or refused to renew a license, the board may, upon application in writing by the person or firm affected and for good cause shown, modify the suspension or reissue the license.
(2) The board shall by administrative regulation, specify the manner in which:
(a) Applications shall be made;
(b) The times within which the applications shall be made, and the circumstances in which hearings, to be conducted in accordance with KRS Chapter 13B, shall be held thereon; and
(c) Any corrective or remedial education, training, or review requirement for reinstatement.
Effective: July 14, 2000
History: Amended 2000 Ky. Acts ch. 99, sec. 12, effective July 14, 2000. -- Amended 1996 Ky. Acts ch. 318, sec. 297, effective July 15, 1996. -- Amended 1990 Ky. Acts ch. 285, sec. 11, effective July 13, 1990. -- Amended 1984 Ky. Acts ch. 117, sec. 14, effective July 13, 1984. -- Created 1946 Ky. Acts ch. 210, sec. 12.
KRS 325.380 Restrictions on use of title
325.380. Restrictions on use of title
(1) No person shall assume or use the title or designation "certified public accountant," "public accountant," or the abbreviation "CPA" or any other title, designation, words, letters, abbreviation, sign, card, or device tending to indicate that the person is a certified public accountant, unless the person holds a license issued under this chapter or qualifies for a practice privilege under KRS 325.282.
(2) No firm shall assume or use the title or designation "certified public accountants," "public accountants," or the abbreviation "CPA's" or any other title, designation, words, letters, abbreviation, sign, card, or device tending to indicate that the firm is composed of certified public accountants, unless the firm:
(a) Holds a license issued under this chapter which has not been revoked or suspended, and all offices of the firm in this state are maintained as required under this chapter; or
(b) Is authorized to do so as provided for in KRS 325.301.
(3) No individuals or firm shall assume or use the title or designation "certified accountant," "chartered accountant," "enrolled accountant," "licensed accountant," "registered accountant," "accredited auditor," "accounting practitioner," "accredited accountant," "expert accountant," "expert auditor," "certified auditor," or any other title or designation likely to be confused with "certified public accountant" and "public accountant" or any of the abbreviations "CA," "AP," "PA," "RA," "LA," or "AA" or similar abbreviations likely to be confused with "CPA."
(4) No person or firm shall sign or affix his or her name or a firm name to any document or prepare or issue any document which indicates that the person or firm performed attest services or that includes any language which indicates that the person or the firm has expert knowledge in performing attest services, unless the person or firm holds a license to practice issued under this chapter or is exempt from having to obtain a license pursuant to KRS 325.301. This prohibition shall be applicable to issuance by any unlicensed person or firm of a report using any form of language conventionally used by licensees with respect to a compilation of financial statements or on any attest service. Nonlicensees may use safe harbor language provided in 201 KAR 1:180 in connection with a compilation of financial information. The provisions of this subsection shall not prohibit any officer, employee, partner, or principal of any organization from affixing his or her signature to any statement or report in reference to the financial affairs of the organization with any wording designating the position, title, or office which he or she holds in the organization, nor shall the provisions of this subsection prohibit any act of a public official or public employee in the performance of his or her duties.
(5) No person shall assume or use the title or designation "certified public accountant" or "public accountant" in conjunction with names indicating or implying that there is a firm, or in conjunction with the designation "and Company" or "and Associates" or a similar designation if there is in fact no bona fide firm licensed under this chapter or exempted from licensure under KRS 325.301.
(6) No person or firm holding a license under this chapter shall use a professional or firm name or designation which contains the names of any nonlicensees, is misleading as to the legal form of the firm, or as to the persons who are partners, officers, shareholders, or any other owners of the firm, or as to any other matters, provided however, the name of one (1) or more deceased or retired partner, member, manager, or shareholder, whose name had been included in the firm name may continue to be included in the name of a firm or its successor.
Effective: June 27, 2025
History: Amended 2025 Ky. Acts ch. 5, sec. 1, effective June 27, 2025. -- Amended 2015 Ky. Acts ch. 107, sec. 6, effective June 24, 2015. -- Amended 2008 Ky. Acts ch. 101, sec. 7, effective July 15, 2008. -- Amended 2002 Ky. Acts ch. 62, sec. 3, effective July 15, 2002. -- Amended 2000 Ky. Acts ch. 99, sec. 13, effective July 14, 2000. -- Amended 1996 Ky. Acts ch. 24, sec. 3, effective July 15, 1996. -- Amended 1994 Ky. Acts ch. 248, sec. 10, effective July 15, 1994. -- Amended 1990 Ky. Acts ch. 285, sec. 12, effect ive July 13, 1990. --Amended 1984 Ky. Acts ch. 117, sec. 15, effective July 13, 1984. -- Amended 1976 Ky. Acts ch. 116, sec. 13. -- Amended 1968 Ky. Acts ch. 143, sec. 9. -- Created 1946 Ky. Acts ch. 210, sec. 13.
KRS 325.390 Repealed, 1994
325.390. Repealed, 1994
Catchline at repeal: Employment by registered accountants -- Temporary permits.
History: Repealed 1994 Ky. Acts ch. 248, sec. 12, effective July 15, 1994. -- Amended 1990 Ky. Acts ch. 285, sec. 13, effective July 13, 1990. -- Amended 1984 Ky. Acts ch. 117, sec. 6, effective July 13, 1984. -- Amended 1976 Ky. Acts ch. 116, sec. 14. - - Amended 1968 Ky. Acts ch. 116, sec. 10. -- Created 1946 Ky. Acts ch. 210, sec. 14.
KRS 325.400 Injunction against violations of KRS Chapter 325
325.400. Injunction against violations of KRS Chapter 325
Whenever in the judgment of the board any person or firm has engaged, or is about to engage, in any acts or practices which constitute, or will constitute, a violation of this chapter, the board may make application to the Franklin Circuit Court for an order enjoining such acts or practices, and upon a showing by the board that such person or firm has engaged, or is about to engage, in any such acts or practices, an injunction, restraining order, or such other order as may be appropriate shall be granted by such court. The same shall be enforceable and shall be valid anywhere in this state and shall be reviewable as provided in the Rules of Civil Procedure in the case of other injunctions and restraining orders.
Effective: July 13, 1984
History: Amended 1984 Ky. Acts ch. 117, sec. 17, effective July 13, 1984. -- Amended 1976 Ky. Acts ch. 116, sec. 15. -- Created 1946 Ky. Acts ch. 210, sec. 15.
KRS 325.410 Evidence of unlawful holding out as licensed to practice
325.410. Evidence of unlawful holding out as licensed to practice
The display or uttering by a person of a card, sign, advertisement, or other printed, engraved, or written instrument or device, bearing a person's name in conjunction with the words "certified public accountant" or any abbreviation thereof, or "public accountant" shall be prima facie evidence in any action brought under KRS 325.400 or 325.990 that the person whose name is so displayed, caused or procured the display or uttering of such card, sign, advertisement, or other printed, engraved, or written instrument or device, and that such person is holding himself or itself out to be a certified public accountant licensed to practice under KRS 325.330. In any such action evidence of the commission of a single act prohibited by this chapter shall be sufficient to justify an injunction or a conviction without evidence of a general course of conduct.
Effective: July 14, 2000
History: Amended 2000 Ky. Acts ch. 99, sec. 14, effective July 14, 2000. -- Amended 1984 Ky. Acts ch. 117, sec. 18, effective July 13, 1984. -- Created 1946 Ky. Acts ch. 210, sec. 17.
KRS 325.420 Materials required to be furnished to client -- Ownership of accountant's working papers
325.420. Materials required to be furnished to client -- Ownership of accountant's working papers
(1) Upon request and reasonable notice, the licensee shall furnish to his client or former client any accounting or other records belonging to the client that were provided to the licensee by or on behalf of the client.
(2) Upon request, reasonable notice, and payment for services previously provided, a licensee shall furnish to his client or former client a copy of a tax return, report, or other document, any of which was previously issued to or for the client or a copy of the licensee's working papers if the working papers include records that would ordinarily constitute part of the client's records and are not otherwise available to the client. These working papers shall include, but are not limited to, adjusting, closing, combining, or consolidating journal entries and information normally contained in books of original entry and general ledgers.
(3) Except as provided in subsection (1) of this section or pursuant to an agreement entered into between a licensee and his client, all statements, records, schedules, working papers, and memoranda prepared by a licensee to or in the course of providing services to a client shall be the property of the licensee.
Effective: July 15, 1994
History: Amended 1994 Ky. Acts ch. 248, sec. 11, effective July 15, 1994. -- Created 1946 Ky. Acts ch. 210, sec. 18.
KRS 325.430 Repealed, 1954
325.430. Repealed, 1954
Catchline at repeal: Exemption from jury service.
History: Repealed 1954 Ky. Acts ch. 7, sec. 28, effective March 9, 1954. -- Created 1946 Ky. Acts ch. 210, sec. 19.
KRS 325.431 Evidentiary privilege for sponsoring organization materials -- Testimonial privilege -- Exceptions
325.431. Evidentiary privilege for sponsoring organization materials -- Testimonial privilege -- Exceptions
(1) The proceedings, records, and workpapers of the sponsoring organization shall be privileged and not subject to discovery, subpoena, or other means of legal process, or introduction into evidence in any civil action, arbitration, administrative proceeding, or state accountancy board proceeding. No member of the sponsoring organization or person involved in the peer review process shall testify in any civil action, arbitration, administrative proceeding, or state accountancy board proceeding as to any matter produced, presented, disclosed, or discussed during or in connection with the peer review process, or as to any finding, recommendation, evaluation, opinion, or other action of the committee.
(2) Information, documents, or records that are publicly available shall not be immune from discovery or use in any civil action, arbitration, administrative proceeding, or state accountancy board proceeding merely because they were presented or considered in connection with the peer review process.
(3) The privilege created in subsection (1) of this section shall not apply to:
(a) Materials prepared in connection with a particular engagement merely because they happen to subsequently be presented or considered as part of the peer of review process.
(b) Disputes between the sponsoring organization and persons or firms subject to a peer review arising from the performance of the peer review.
(c) Correspondence and reports of the peer review program obtained by the board from a licensee seeking renewal or an individual or firm seeking to become licensed.
(d) A statement obtained by the board from sponsoring organization to determine if a licensee seeking renewal or an individual or firm seeking to become licensed is enrolled in or is not enrolled in a peer review program.
Effective: July 14, 2018
History: Amended 2018 Ky. Acts ch. 24, sec. 4, effective July 14, 2018. -- Amended 2011 Ky. Acts ch. 31, sec. 3, effective June 8, 2011. -- Amended 2004 Ky. Acts ch. 34, sec. 2, effective July 13, 2004. -- Created 1992 Ky. Acts ch. 18, sec. 1, effective July 14, 1992.
KRS 325.440 Confidentiality of information obtained in practice
325.440. Confidentiality of information obtained in practice
(1) A licensee shall not, without the consent of his client, disclose any confidential information pertaining to his client obtained in the course of performing professional services.
(2) This section does not:
(a) Relieve a licensee of any obligations under the rules of professional conduct;
(b) Affect in any way a licensee's obligation to comply with a validly issued subpoena or summons enforceable by order of a court;
(c) Prohibit disclosures in the course of a peer review of a licensee's professional services; or
(d) Preclude a licensee from responding to any inquiry made by the board or any investigative or disciplinary body established by law or formally recognized by the board.
(3) Members of the board and professional practice reviewers shall not disclose any confidential client information which comes to their attention from licensees in disciplinary proceedings or otherwise in carrying out their responsibilities, except that they may furnish such information to an investigative or disciplinary body of the kind referred to above.
Effective: July 14, 2018
History: Amended 2018 Ky. Acts ch. 24, sec. 5, effective July 14, 2018. -- Amended 1984 Ky. Acts ch. 117, sec. 19, effective July 13, 1984. -- Created 1946 Ky. Acts ch. 210, sec. 20.
KRS 325.445 Accountant or attorney may act as agent of client for specified activities
325.445. Accountant or attorney may act as agent of client for specified activities
A certified public accountant licensed in the Commonwealth under the provisions of this chapter, or an attorney licensed to practice law in the Commonwealth of Kentucky, with express authorization of a client may act as an agent of that client to:
(1) Complete, sign, and file an application for a seller's permit to do business as provided in KRS 139.240;
(2) Complete, sign, and file an application for a seller's permit for any out-of-state retailer who is not required to file for the collection of use tax under KRS 139.340 but is seeking to do so on a voluntary basis as provided by KRS 139.700;
(3) Complete, sign, and file an application for a certificate of registration to sever or process coal in this state as required by KRS 143.030; and
(4) Complete, sign, and file an application for an employer's withholding, corporation income, and corporation license tax registration numbers as may be required by KRS 131.130.
Effective: July 1, 2004
History: Amended 2003 Ky. Acts ch. 124, sec. 33, effective July 1, 2004. -- Created 2002 Ky. Acts ch. 44, sec. 1, effective July 15, 2002.
KRS 325.990 Penalty -- Prosecution by Attorney General
325.990. Penalty -- Prosecution by Attorney General
Any person who violates any provision of KRS 325.380, shall be guilty of a misdemeanor, and upon conviction thereof, shall be subject to a fine of not more than five hundred dollars ($500) or to imprisonment for not more than one (1) year, or both such fine and imprisonment. Whenever the board has reason to believe that any person is liable to punishment under this section it may certify the facts to the Attorney General of this state, who may, in his discretion, cause appropriate proceedings to be brought.
History: Created 1946 Ky. Acts ch. 210, sec. 16. History for former KRS 325.990: Repealed 1946 Ky. Acts ch. 210, sec. 23. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3941e-13.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/chapter.aspx?id=38861Fetched: 10/20/2026