R156-26a-102. Definitions

Terms used in this rule are defined in Title 58, Chapter 1, Division of Professional Licensing Act, and Title 58, Chapter 26a, Certified Public Accountant Licensing Act. In addition: (1) "Academic Unit" means the number of semester or quarter credit hours awarded by a nationally or regionally accredited academic program. (a) One semester or quarter hour awarded for upper division academic work shall be credited as one Academic Unit. (b) One semester or quarter hour awarded for post graduate academic work shall be credited as 1.6 Academic Units. (2) "Accounting Coursework Requirements" as used in Subsection R156-26a-302a(1)(b) means: (a) 24 semester Academic Units or 36 quarter Academic Units in upper division or graduate-level accounting courses that includes at least one course in each of the following subjects: (i) financial accounting; (ii) auditing; (iii) taxation; (iv) managerial or cost accounting; and (v) accounting information systems or data analytics. (b) An accounting internship may satisfy up to six semester Academic Units or nine quarter Academic Units under Subsection R156-26a-102(2)(a). (3) "Administering organization" means an organization approved by the Division and the Board to administer peer reviews in the peer review program. (4) "AICPA" means the Association of International Certified Professional Accountants. (5) "AICPA Uniform CPA Examination" means the Uniform CPA Examination approved and administered by the AICPA and NASBA. (6) "AICPA Examination of Professional Ethics for CPAs" means the professional ethics examination for CPA's approved and administered by the AICPA and NASBA. (7) "Business Coursework Requirements" as used in Subsection R156-26a-302a(1)(b) means 12 semester or 18 quarter Academic Units in business-related coursework that: (a) may be earned through lower division, upper division, or post graduate-level coursework; (b) cannot be used to satisfy the Accounting Coursework Requirements under Subsection R156-26a-102(2); and (c) focuses on business-related concepts, regardless of course name, including coursework in: (i) accounting, subject to Subsection R156-26a-102(3)(b); (ii) business administration; (iii) business communications; (iv) business ethics; (v) business law; (vi) business logistics and supply chain management; (vii) business leadership and management; (viii) business project management; (ix) business information systems; (x) economics; (xi) finance; (xii) human resources; (xiii) introduction to financial or managerial accounting; (xiv) marketing; (xv) statistics and quantitative methods; or (xvi) taxation. (8) "Certified transcript" under Subsection 58-26a-302(1)(c) shall mean an applicant's official academic transcript which has been: (a) Directly mailed, electronically sent, or otherwise delivered directly from the academic institution to the Division; or (b) Delivered to the Division in an envelope sealed by the academic institution. (9) (CPAES) means the CPA Examination Services of the NASBA. (10) "CPE" means qualified continuing professional education as under Section 58-26a-304. (11) "CPE Audit Service" means the online continuing professional education reporting system administered by NASBA. (12) "Home jurisdiction" means the jurisdiction where a CPA or CPA firm is licensed and their principal place of business is located. (13) "Individual mobility" means an individual CPA licensee: (a) meets the requirements of Subsection 58-26a-305(1)(a) to perform services through mobility in Utah; and (b) does not need to obtain a Utah CPA license or otherwise register with the Division. (14) "Mobility" means a practice privilege included under Subsections 58-26a-305(1)(a) and (2) that generally permits a CPA who meets the requirements of Subsection 58-26a-305(1)(a)(i) to: (a) practice as a CPA in Utah under Section 58-26a-305 without obtaining a Utah CPA license; and (b) be subject to the conditions of Subsections 58-26a-305(1)(a)(ii) and (2) including Division discipline based on the mobility CPA's performance of services in Utah whether provided physically, electronically, or otherwise. (15) "Mobility tool" as used in Subsection R156-26a-305(6) means the online tool developed by the AICPA and NASBA to help CPAs and CPA firms understand mobility and determine their eligibility for mobility and is available at https://cpamobility.nasba.org. (16) "Nationally accredited" means an education program accredited by: (a) the Association to Advance Collegiate Schools of Business (AACSB); or (b) the Accreditation Council for Business Schools and Programs (ACBSP). (17) NASBA means the National Association of State Boards of Accountancy. (18) "Peer review program" or "PRP" means the AICPA's quality control program through which a CPA firm is periodically audited or tested by an external peer organization using professional standards to: (a) ensure the highest ethical and professional standards are being used to produce quality services; (b) provide accountability and transparency; and (c) protect the public. (19) "Qualified continuing professional education (CPE)" means continuing education that meets the standards in Section R156-26a-303b. (20) "Regionally accredited" means an education program accredited by: (a) the Northwest Commission on Colleges and Universities (NWCCU); (b) the North Central Association of Colleges and Schools (NCA); (c) the Middle States Commission on Higher Education (MSCHE); (d) the New England Commission on Higher Education (NECHE); (e) the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC); or (f) the Western Association of Schools and Colleges (WASC). (21) "Unprofessional conduct" is further defined, under Subsection 58-1-203(1)(e), in Section R156-26a-501. (22) "Year of review" means the calendar year during which a peer review is to be conducted.