Title 43, Chapter 3, Section 7
(a) The board may provide, by regulation, for the general scope of examinations described in paragraph (4) of subsection (a) of Code Section 43-3-6 and subsection (b) of Code Section 43-3-6. The board may obtain advice and assistance in preparing and grading such examinations and the division director, with approval of the board, may contract with third parties to perform administrative services with respect to the examinations as he deems appropriate.
(b) The examinations described in paragraph (4) of subsection (a) of Code Section 43-3-6 and subsection (b) of Code Section 43-3-6 shall be held by the board and shall take place as often as the board shall determine to be desirable, but the examination described in paragraph (4) of subsection (a) of Code Section 43-3-6 shall be held at least twice each year.
(c) An applicant who has met the education requirement specified in paragraph (3) of subsection (a) of Code Section 43-3-6 or who expects to meet it within 120 days following the examination described in paragraph (4) of subsection (a) of Code Section 43-3-6 or with respect to whom such education requirement has been waived in accordance with subsection (b) of Code Section 43-3-6 shall be eligible to take such examination without waiting until he meets the experience requirement if he also meets the requirements of paragraphs (1) and (2) of subsection (a) of Code Section 43-3-6. In the case of any applicant admitted to such examination on the expectation that he will meet the education requirement within 120 days, no certificate shall be issued, nor shall credit for the examination, or any part of it, be given unless such requirement is in fact completed within that time or within such longer period of time as the board, in its discretion, may determine.
(d) An applicant for the certificate of certified public accountant who has successfully completed the examination provided for in paragraph (4) of subsection (a) of Code Section 43-3-6 shall have no status as a certified public accountant until he has the requisite education and experience and has received his certificate as a certified public accountant.
(e) The board, by regulation, may provide for granting a credit to any applicant for his satisfactory completion of an examination in any one or more of the subjects specified in paragraph (4) of subsection (a) of Code Section 43-3-6 given by the licensing authority in another state. Such regulations shall include such requirements as the board deems appropriate to ensure that any examination approved as a basis for any such credit, in the judgment of the board, shall be at least as thorough as the most recent examination given by the board at the time of the granting of such credit.
(f) The board, by regulation, may prescribe the time and conditions under which an applicant who passes, in one sitting, a portion of the examination provided for in paragraph (4) of subsection (a) of Code Section 43-3-6 pertaining to at least two or more of the subjects indicated in such paragraph may be reexamined in only the remaining subjects, with credit for the subjects previously passed, provided that the entire examination must be passed in six consecutive attempts, including the initial sitting in which at least two parts of the examination were passed. (g) With respect to examinations, the board shall charge the applicant a fee to be determined by the board, which fee shall be sufficient to pay for the cost of the examinations.
(h) Application for certification by persons who are not residents
of this state shall constitute the appointment of the Secretary of
State as the agent for service of process in any action or
proceeding against such applicant arising out of any transaction,
activity, or operation connected with or incidental to the practice
of public accounting in this state by nonresident holders of
certified public accountant certificates.