TITLE 18. PROFESSIONAL AND OCCUPATIONAL LICENSING
REGISTRAR'S NOTICE: The
Board of Accountancy is claiming an exemption from the Administrative Process
Act in accordance with the second enactment of Chapters 45 and 82 of the 2018
Acts of Assembly, which exempts the actions of the board relating to the
adoption of regulations necessary to implement the provisions of the act;
however, the board is required to provide an opportunity for public comment on
regulations prior to their adoption.
Title of Regulation: 18VAC5-22. Board of Accountancy
Regulations (amending 18VAC5-22-20; adding 18VAC5-22-180).
Statutory Authority: ยงยง 54.1-4402 and 54.1-4403 of the
Code of Virginia.
Effective Date: June 13, 2018.
Agency Contact: Rebekah E. Allen, Enforcement Director,
Board of Accountancy, 9960 Mayland Drive, Suite 402, Henrico, VA 23233,
telephone (804) 367-2006, FAX (804) 527-4207, or email
rebekah.allen@boa.virginia.gov.
Summary:
Pursuant to Chapters 45 and 82 of the 2018 Acts of
Assembly, the amendments (i) change the term of licensure from 12 months to a
term defined by the Virginia Board of Accountancy and set the expiration date
for all licenses as June 30; (ii) provide for the transition of existing
licenses to the new expiration date, including proration of fees during the
transition; and (iii) change the existing fee schedule to reflect this
transitional period.
18VAC5-22-20. Fees.
A. The board shall charge the following fees for services it
provides:
|
Processing an initial application
to take one or more sections of the CPA examination
|
$120
|
|
Processing additional applications
to take one or more sections of the CPA examination
|
$20
|
|
Preliminary evaluation of whether a
person has met the requirements to take the CPA examination
|
$25
|
|
Processing an application for
issuance of a Virginia license to a person
|
$75
|
|
Processing
an application for issuance of a Virginia license to a firm
|
$100
|
|
Processing an application for the
timely renewal of a person's Virginia license except as provided in
subsection B of 18VAC5-22-180
|
$60
|
|
Processing an application for the
timely renewal of a firm's Virginia license except as provided in
subsection B of 18VAC5-22-180
|
$75
|
|
Additional fee for processing an
application for the renewal of a person's Virginia license that is not timely
|
$100
|
|
Additional fee for processing an
application for the renewal of a firm's Virginia license that is not timely
|
$100
|
|
Processing an application for
reinstatement of a person's Virginia license
|
$350
|
|
Processing an application for
reinstatement of a firm's Virginia license
|
$500
|
|
Processing an application for
lifting the suspension of the privilege of using the CPA title in Virginia
|
$350
|
|
Processing an application for
lifting the suspension of the privilege of providing attest services or
compilation services for persons or entities located in Virginia
|
$500
|
|
Providing or obtaining information
about a person's grades on sections of the CPA examination
|
$25
|
|
Processing requests for
verification that a person or firm holds a Virginia license:
|
|
|
1. Online request
|
$25
|
|
2. Manual request
|
$50
|
|
Providing an additional wall
certificate
|
$25
|
|
Additional fee for not responding
within 30 calendar days to any request for information by the board under
subsection A of 18VAC5-22-170
|
$100
|
|
Additional fee for not using the
online payment option for any service provided by the board
|
$25
|
B. All fees for services the
board provides are due when the service is requested and are nonrefundable.
18VAC5-22-180. Issuance, renewal, and reinstatement of
licenses.
A. Any Virginia license issued, renewed, or reinstated on
or after February 26, 2018, and on or before June 30, 2018, shall expire on
June 30, 2019, and its holder shall pay the fee prescribed in 18VAC5-22-20 upon
submission of a completed license application.
B. Any Virginia license
expiring between July 31, 2018, and on or before March 31, 2019, that is
renewed pursuant to this subsection shall expire on June 30, 2019. Any Virginia
license expiring between April 30, 2019, and on or before May 31, 2019, that is
renewed pursuant to this subsection shall expire on June 30, 2020.
1. A person who holds a Virginia license that expires
between July 31, 2018, and May 31, 2019, shall pay a prorated renewal fee as
prescribed in this subdivision upon submission of a completed license renewal
application.
|
Current Expiration Date
|
Renewal Fee
|
Expiration Date Following Renewal
|
|
July 31, 2018
|
$55
|
June 30, 2019
|
|
August 31, 2018
|
$50
|
June 30, 2019
|
|
September 30, 2018
|
$45
|
June 30, 2019
|
|
October 31, 2018
|
$40
|
June 30, 2019
|
|
November 30, 2018
|
$35
|
June 30, 2019
|
|
December 31, 2018
|
$30
|
June 30, 2019
|
|
January 31, 2019
|
$25
|
June 30, 2019
|
|
February 28, 2019
|
$20
|
June 30, 2019
|
|
March 31, 2019
|
$15
|
June 30, 2019
|
|
April 30, 2019
|
$60
|
June 30, 2020
|
|
May 31, 2019
|
$60
|
June 30, 2020
|
2. A firm that holds a Virginia license that expires
between July 31, 2018, and May 31, 2019, shall pay a prorated renewal fee as
prescribed in this subdivision upon submission of a completed license renewal
application.
|
Current Expiration Date
|
Renewal Fee
|
Expiration Date Following Renewal
|
|
July 31, 2018
|
$68
|
June 30, 2019
|
|
August 31, 2018
|
$62
|
June 30, 2019
|
|
September 30, 2018
|
$56
|
June 30, 2019
|
|
October 31, 2018
|
$50
|
June 30, 2019
|
|
November 30, 2018
|
$43
|
June 30, 2019
|
|
December 31, 2018
|
$37
|
June 30, 2019
|
|
January 31, 2019
|
$31
|
June 30, 2019
|
|
February 28, 2019
|
$25
|
June 30, 2019
|
|
March 31, 2019
|
$18
|
June 30, 2019
|
|
April 30, 2019
|
$75
|
June 30, 2020
|
|
May 31, 2019
|
$75
|
June 30, 2020
|
C. Any Virginia license issued or reinstated from July 1,
2018, to on or before March 31, 2019, shall expire on June 30, 2019, and its
holder shall pay the fee prescribed in 18VAC5-22-20 upon submission of a
completed license application. Beginning April 1, 2019, any Virginia license
issued or reinstated during the months of April, May, or June shall expire on
June 30 of the succeeding calendar year, and its holder shall pay the fee
prescribed in 18VAC5-22-20 upon submission of a completed license application.
D. For Virginia licenses expiring on June 30, 2019, or
later, the holder of a Virginia license shall annually renew his license on or
before June 30 of each calendar year by submitting a completed license renewal
application and paying to the board a renewal fee as prescribed in
18VAC5-22-20.
VA.R. Doc. No. R18-5411; Filed April 23, 2018, 12:39 p.m.