WAC 4-25-752  

How do I register to be a resident nonlicensee owner of a licensed firm and with which rules must a nonlicensee firm owner comply? To qualify as a nonlicensee owner of a licensed CPA firm, you must:

(1) Be a natural person;

(2) Meet the good character requirements of RCW 18.04.105(1)(a);

(3) Comply with the Act and board rules;

(4) Be an active individual participant in the licensed firm or affiliated entities as these terms are defined in WAC 4-25-410; and

(5) If you are a resident of Washington state, you must:

(a) File a complete registration with the board; and

(b) Demonstrate a passing grade of ninety percent or better on the AICPA professional ethics examination.

To register as a resident nonlicensee firm owner, you must use the form(s) provided by the board. You need to fully complete the form(s) and submit the form(s), all applicable fees, and all required documentation to the board's office.

An initial registration is not complete and cannot be processed until all fees, required documentation, required information, and other documentation deemed necessary by the board are received by the board. When the processing of your registration is complete, your registration will be mailed to the last address you provided to the board.

Your initial registration will expire on June 30 of the third calendar year following initial issuance of the registration.

You must submit your registration concurrent with or prior to submission of the firm license application or firm license amendment, pursuant to WAC 4-25-750. If you are a Washington state resident, you may not hold ownership interest in a CPA firm licensed in Washington state until you receive written notice from the board of your Washington state registration number.

All nonlicensee firm owners are subject to discipline for violation of the Act or board rules.

Return to WAC 4-25