| (a) Work experience shall be under the supervision
of a CPA experienced in the non-routine accounting area assigned to
the applicant and who holds a current license issued by this board
or by another state board of accountancy as defined in §511.124
of this chapter (relating to Acceptable Supervision).
(b) Non-routine accounting involves attest services
as defined in §501.52(4) of this title (relating to Definitions),
or professional accounting services or professional accounting work
as defined in §501.52(21) of this title, and the use of independent
judgment, applying entry level or higher professional accounting knowledge
and skills to select, correct, organize, interpret, and present real-world
data as accounting entries, reports, statements, and analyses extending
over a diverse range of tax, accounting, assurance, and control situations.
(c) All work experience, to be acceptable, shall be
gained in the following categories or in any combination of these:
(1) Client practice of public accountancy. All work
experience gained in a firm in the client practice of public accountancy
must be of a non-routine accounting nature which continually requires
independent thought and judgment on important accounting matters.
If such firm is a CPA firm it shall be in good standing with the board,
or, if the experience is gained in another state or territory, the
firm shall be in good standing and in compliance with all laws applicable
to CPA firms of that state or territory.
(2) Industry. All work experience gained in industry
shall be of a non-routine accounting nature which continually requires
independent thought and judgment on important accounting matters.
Acceptable industry work experience includes:
(A) internal auditor;
(B) staff, fund or tax accountant;
(C) accounting, financial or accounting systems analyst;
and
(D) controller.
(3) Government. All work experience gained in government
shall be of a non-routine accounting nature which continually requires
independent thought and judgment on important accounting matters and
which meets the criteria in subparagraphs (A) - (E) of this paragraph.
The board will review on a case-by-case basis experience which does
not clearly meet the criteria identified in subparagraphs (A) - (E)
of this paragraph. Acceptable government work experience includes
but is not limited to:
(A) employment in state government as an accountant
or auditor at Salary Classification B6 or above, or a comparable rating;
(B) employment in federal government as an accountant
or auditor at a GS Level 7 or above;
(C) employment as a special agent accountant with the
Federal Bureau of Investigation;
(D) military service, as an accountant or auditor as
a Second Lieutenant or above; and
(E) employment with other governmental entities as
an accountant or auditor.
(4) Law firm. All work experience gained in a law firm
shall be of a non-routine accounting nature which continually requires
independent thought and judgment on important accounting matters comparable
to the experience ordinarily found in a CPA firm, shall be under the
supervision of a CPA or an attorney, and shall be in one or more of
the following areas:
(A) tax-planning, compliance and litigation; and
(B) estate planning.
(5) Education. Work experience gained as an instructor
at a college or university will qualify if evidence is presented showing
independent thought and judgment was used on non-routine accounting
matters. Only the teaching of upper division courses on a full time
basis may be considered. All experience shall be supervised by the
department chair or a faculty member who is a CPA.
(6) Internship. The board will consider, on a case-by-case
basis, experience acquired through an approved accounting internship
program, provided that the experience was non-routine accounting as
defined by subsection (b) of this section. If an accounting internship
course is counted toward fulfilling the education requirement, the
internship may not be used to fulfill the work experience requirement.
(7) Other. Work experience gained in other positions
may be approved by the board as experience comparable to that gained
in the practice of public accountancy under the supervision of a CPA
upon certification by the person or persons supervising the applicant
that the experience was of a non-routine accounting nature which continually
required independent thought and judgment on important accounting
matters.
(8) Self employment may not be used to satisfy the
work experience requirement unless approved by the board.
|
| Source Note: The provisions of this §511.122 adopted to be effective September 4, 1990, 15 TexReg 4817; amended to be effective September 3, 1993, 18 TexReg 5588; amended to be effective June 14, 1996, 21 TexReg 4998; amended to be effective October 11, 1998, 23 TexReg 9980; amended to be effective February 12, 2003, 28 TexReg 1185; amended to be effective August 17, 2008, 33 TexReg 6373; amended to be effective June 7, 2012, 37 TexReg 4050 |
