                                 CODE OF VIRGINIA

ISSUANCE, RENEWAL, AND REINSTATEMENT OF LICENSES AND LIFTING THE SUSPENSION OF
PRIVILEGES (§ 54.1-4413.2)

A. A Virginia license shall provide its holder with the privilege to use the CPA
title in Virginia or provide attest services, compilation services, and
financial statement preparation services to persons and entities located in
Virginia.

B. A license granted pursuant to the provisions of this chapter shall be renewed
as prescribed by the Board. Any license not renewed pursuant to the provisions
prescribed by the Board shall be considered to have expired and the person or
firm shall be considered to no longer hold a Virginia license.

C. A person whose Virginia license expired may obtain a new Virginia license
under subsection C of &#xA7; 54.1-4409.2 if he holds the license of another
state.

D. The license of a person whose Virginia license expired and who does not hold
the license of another state may be reinstated under this subsection. In
addition, a person whose privilege of using the CPA title in Virginia was
suspended may have the suspension lifted under this subsection.

   1. To be considered for reinstatement of a Virginia license or lifting the
   suspension of the privilege of using the CPA title in Virginia, a person
   shall:
   				a. Disclose to the Board why he no longer holds a Virginia license or why
   his privilege of using the CPA title in Virginia was suspended;
   				b. Disclose to the Board each state in which he has held a license. For
   each of the states in which the person has held a license, the person shall
   disclose why he no longer holds a license and provide documentation from the
   board of accountancy concerning whether he has been found guilty of any
   violations of the standards of conduct and practice established by statutes of
   the state or regulations promulgated by the board; and
   				c. Describe his continuing professional education since his Virginia
   license expired or was suspended. The Board shall determine whether his
   continuing professional education complies with the continuing professional
   education requirement prescribed by the Board for that period.

   2. After evaluating the information provided by the person, the Board may
   request additional information and may impose additional requirements for
   reinstatement of the Virginia license or lifting the suspension.

   3. The Board shall communicate to the person its decision and, if the request
   for reinstatement or lifting the suspension is denied, the reasons for the
   denial. The request may be resubmitted when the person believes the matters
   affecting the request have been satisfactorily resolved. The person may
   request a proceeding in accordance with the provisions of the Administrative
   Process Act (&#xA7; 2.2-4000 et seq.).

E. The license of a firm whose Virginia license expired may be reinstated under
this subsection. In addition, a firm whose privilege of providing attest
services, compilation services, or financial statement preparation services to
persons or entities located in Virginia was suspended may have the suspension
lifted under this subsection.

   1. To be considered for reinstatement of a Virginia license or lifting the
   suspension of the privilege of providing attest services, compilation
   services, or financial statement preparation services to persons or entities
   located in Virginia:
   				a. The firm shall disclose to the Board why it no longer holds a Virginia
   license or why its privilege of providing attest services, compilation
   services, or financial statement preparation services to persons or entities
   located in Virginia was suspended.
   				b. The firm shall disclose to the Board each state in which it holds or
   has held a license.
   				c. For each of the states in which the firm holds a license, the firm
   shall provide documentation from the board of accountancy concerning whether
   it is in good standing with the board, whether there are any pending actions
   alleging violations of the standards of conduct and practice established by
   statutes of the state or regulations promulgated by the board, and whether it
   has been found guilty of any violations of these standards of conduct and
   practice.
   				d. For each of the states in which the firm has held a license, the firm
   shall disclose why it no longer holds a license and provide documentation from
   the board of accountancy concerning whether it has been found guilty of any
   violations of the standards of conduct and practice established by statutes of
   the state or regulations promulgated by the board.

   2. After evaluating the information provided by the firm, the Board may
   request additional information and may impose additional requirements for
   reinstatement of the Virginia license or lifting the suspension.

   3. The Board shall communicate to the firm its decision and, if the request
   for reinstatement or lifting the suspension is denied, the reasons for the
   denial. The request may be resubmitted when the firm believes the matters
   affecting the request have been satisfactorily resolved. The firm may request
   a proceeding in accordance with the provisions of the Administrative Process
   Act (&#xA7; 2.2-4000 et seq.).

F. The Board shall consider granting the privilege of using the CPA title in
Virginia, or the privilege of providing attest services, compilation services,
or financial statement preparation services to persons or entities located in
Virginia, to persons or firms that have had the privilege revoked only when the
person or firm demonstrates to the Board that there are special facts and
circumstances that warrant reconsideration by the Board of whether it should
allow the person or firm to have the privilege.

HISTORY: 2007, c. 804; 2015, c. 287; 2017, c. 403; 2018, cc. 45, 82.