Section 08.04.450. Revocation or suspension of license, practice privilege, permit, or out-of-state exemption.

   (a) In addition to its powers under AS 08.01.075, the board may revoke, suspend, or refuse to renew a license, practice privilege, permit, or out-of-state exemption, or may censure a holder of a license, practice privilege, permit, or out-of-state exemption, for
        (1) fraud or deceit in obtaining a license or permit required by this chapter;
        (2) dishonesty or gross negligence in the practice of public accounting, or other acts discreditable to the accounting profession;
        (3) violation of a provision of AS 08.04.500 - 08.04.610 or failure to take corrective action to comply with AS 08.04.240(i) within the time allowed under AS 08.04.240(j);
        (4) violation of a rule of professional conduct or other regulation adopted by the board;
        (5) conviction of a felony under the laws of any state or of the United States;
        (6) conviction of any crime, an essential element of which is dishonesty or fraud, under the laws of any state or of the United States;
        (7) cancellation, revocation, suspension, or refusal to renew authority to practice as a certified public accountant or public accountant in any other state for any cause other than failure to pay a required fee;
        (8) suspension or revocation of the right to practice before any state or federal agency;
        (9) failure to satisfy the continuing education requirements prescribed by the board under AS 08.04.425, except as conditioned, relaxed, or suspended by the board under AS 08.04.425(c) and (d);
        (10) failure to satisfactorily complete a quality review requirement under AS 08.04.426; or
        (11) committing an act in another state for which the holder of the license, practice privilege, permit, or out-of-state exemption would be subject to discipline in this or the other state.
   (b) The board shall investigate a complaint made by the board of accountancy, or other regulatory body for the practice of accounting, of another state.

Authorities

8.04.425; 8.04.480

Notes

Implemented As

12 AAC 04.155
12 AAC 04.500
12 AAC 04.520
12 AAC 04.530

References

12 AAC 04.520
12 AAC 04.530
AS 8.04.425 .425">Sec. 08.04.425. Continuing education.
AS 8.04.480 .480">Sec. 08.04.480. Grounds for censure of, or the revocation, suspension, or refusal to renew a permit for, a partnership, limited liability company, corporation, or other legal entity.

History

(Sec. 11(1) ch 187 SLA 1960; am Sec. 14 ch 147 SLA 1976; am Sec. 13 ch 62 SLA 1991; am Sec. 5 ch 66 SLA 1997; am Sec. 29 ch 16 SLA 2006; am Sec. 4 ch 58 SLA 2010; am Sec. 18, 19 ch 67 SLA 2010)