Alaska HB121 revises accounting regulations, exempts certain individuals from education requirements, and modifies practice privileges for public.

Alaska HB121 amends the state's accounting regulations by exempting individuals who passed the Uniform Certified Public Accountant Examination before January 1, 2013, from specific education requirements. It also modifies the practice privileges for public accountants, allowing certain firms and individuals to practice without a permit if they meet specific conditions. The bill updates the requirements for firms to engage in public accounting, including consent to jurisdiction and disciplinary authority of the board.

Alaska HB121 revises accounting regulations, exempts certain individuals from education requirements, and modifies practice privileges for public.

Alaska HB121 amends the state's accounting regulations by exempting individuals who passed the Uniform Certified Public Accountant Examination before January 1, 2013, from specific education requirements. It also modifies the practice privileges for public accountants, allowing certain firms and individuals to practice without a permit if they meet specific conditions. The bill updates the requirements for firms to engage in public accounting, including consent to jurisdiction and disciplinary authority of the board.