872 IAC 1-1-8 Experience requirements; credit for types of experience

Sec. 8. (a) This section and sections 8.2 through 8.5 of this rule carry out the experience requirements in IC 25-2.1-3-10. Experience consists of full-time employment in the following positions: (1) As an employee or accounting intern engaged in an accounting position in a firm, as defined in 872 IAC 1-0.5-1(11). (2) As an employee in a financial or an accounting position in an industry, a government, or a nonprofit organization. (3) As an employee in an advisory or a consulting services position, or both, related to at least one (1) of the following activities: (A) Financial. (B) Accounting. (C) Operational. (4) As an instructor teaching accounting in a college or university (e.g., four (4) year institutions or junior colleges). (5) As an instructor teaching accounting in an institution created under IC 21-22 or a private school registered under IC 21-17-4. (b) Clerical functions may not be counted under this section toward meeting the experience requirements. Clerical functions are positions that do not have accounting significance, including doing mathematical calculations, account analysis (i.e., looking into accounting books for specific information already recorded), and recording information in the general ledger, as opposed to compiling the information. Positions that partly qualify, and partly do not qualify, under this section are treated under the method provided for in section 8.2 of this rule, with the part of the position that does not qualify under this section being treated as if it were part-time employment. (c) Experience in fractions of months will be counted. (d) An applicant may combine the types of experience described in subsection (a) to fulfill the minimum experience requirements in IC 25-2.1-3-10.