Practice Privilege. (See T.C.A. § 62-1-117). An individual whose principal place of business is NOT in Tennessee shall have all the privileges of licensees of Tennessee without the need to obtain a certificate or permit if the individual: - Has a valid license as a certified public accountant from a substantially equivalent state; OR
- Has individual qualifications that are substantially equivalent with the CPA licensure requirements of the Tennessee Accountancy Act.
- Individuals must obtain an individual substantial equivalency evaluation from NASBA's CredentialNet Service. CredentialNet will send a report to the CPA indicating substantial equivalency status. This record should be kept by the individual as an official record of verification of their individual qualifications.
Practice privileges extend to any individual who offers or renders professional services, whether in person, by mail, telephone or electronic means, in Tennessee, and no notice or other submission shall be provided by the individual.
Consent to Jurisdiction (See T.C.A. § 62-1-117(a)(3)). An individual licensee of another state exercising the practice privilege and the CPA firm that employs the licensee, as a condition of the grant of this privilege, simultaneously consent to the following: - To the personal and subject matter jurisdiction and disciplinary authority of the Tennessee Board;
- To comply with the Tennessee Board's rules and laws;
- That in the event the license from the state of the individual's principal place of business is no longer valid, the individual shall cease offering or rendering professional services in Tennessee individually and on behalf of a CPA firm; and
- To the appointment of the state board that issued the license as the agent upon whom process may be served in the action or proceeding by the Tennessee Board against the licensee.
Firm Registration Requirements May Apply Performance of services through mobility in Tennessee does not require the out-of-state firm to obtain a Tennessee firm permit, so long as the firm is properly licensed and in good standing in its principal jurisdiction.
For mobility purposes, "CPA license" means a CPA license granted by the state board after all education, exam and experience requirements have been met. A CPA performing services through mobility may only perform the same level of services (attest or non-attest) in the mobility jurisdiction as he or she is permitted to perform in the home jurisdiction. Please note the following if you are coming from one (1) of the jurisdictions listed: - An Alabama certificate holder may not hold out or practice as a CPA in a mobility jurisdiction.
- A Connecticut certificate holder may not hold out or practice as a CPA in a mobility jurisdiction.
- An Illinois certificate or registered certificate holder may not hold out or practice as a CPA in a mobility jurisdiction.
- Both a Hawaii CPA license and permit are required in order to hold out or practice as a CPA in a mobility jurisdiction.
- A Kansas certificate holder may not hold out or practice as a CPA in a mobility jurisdiction.
- Both a Nebraska CPA certificate and permit are required in order to hold out or practice as a CPA in a mobility jurisdiction.
- An Oklahoma registrant must hold an active permit In order to hold out or practice as a CPA in a mobility jurisdiction.
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