Arkansas Code Title 17. Professions, Occupations, and Businesses § 17-12-311. Substantial equivalency

(A) Shall be presumed to have qualifications substantially equivalent to this state's requirements;

(B) Shall have all the privileges of licensees of this state without the need to obtain a certificate under § 17-12-301 or § 17-12-308 or a license under § 17-12-313 or § 17-12-501; and

(C) May offer or render professional services in person, by mail, by telephone, or by electronic means without notifying the Arkansas State Board of Public Accountancy or paying a fee.

(2)(A) An individual whose principal place of business is not in this state and who holds a valid license as a certified public accountant from a state which the NASBA National Qualification Appraisal Service has not verified to be in substantial equivalence with the CPA licensure requirements of the AICPA/NASBA Uniform Accountancy Act:

(B) An individual who passed the Uniform CPA Examination and holds a valid license issued by any other state before January 1, 2012, may be exempt from the education requirement in § 17-12-302 for purposes of this subdivision (a)(2).

(A) The personal and subject matter jurisdiction and disciplinary authority of the board;

(B) Comply with this chapter and the board's rules;

(C) Cease offering or rendering professional services in this state individually and on behalf of a firm if the license from the state of the individual's principal place of business is no longer valid; and

(D) The appointment of the board that issued his or her license as his or her agent upon whom process may be served in an action or proceeding by the board against the licensee.

(A) A financial statement audit or other engagement to be performed in accordance with the “Statements on Auditing Standards”;

(B) An examination of prospective financial information to be performed in accordance with “Statements on Standards for Attestation Engagements”; or

(C) An engagement to be performed in accordance with PCAOB standards.