Out of State Firm License

Out of State CPA Firm License Requirements A firm that does not operate an office in this state and holds a license in good standing from the state where their main office is located will not be required to obtain a license to provide public accounting services to a KY based client except when performing the following financial statement services (mobility law):   1. Any audit or other engagement to be performed in accord with the Statements on Auditing Standards (SAS); 2. Any examination of prospective financial information or other professional services to be performed in accordance with the Statements on Standards for Attestation Engagements (SSAE); or 3. Any engagement to be performed in accordance with the Public Company Accounting Oversight Board Auditing Standards.   If you answer YES to questions 1,2, or 3 above, the firm must obtain a Kentucky license prior to rendering services.  Submit the Out of State Firm Application with a check made payable to the Kentucky State Board of Accountancy in the amount of $100 for a two-year license.   Go to CPAmobility.org to review the mobility law.  

Changes to Out of State Firm Licensing Information

The firm manager shall notify the Board on a Firm Change Form of any change in the firm's address, ownership, Kentucky CPA owners/partners who are admitted or leave the firm, etc. or closing of a firm within thirty days of the occurrence.

Incidental Practice   

In addition to the general exemption listed above Kentucky Revised Statute 325.301 Subsection 7 authorizes a firm to perform the following services without a Kentucky license:

a. Conduct a peer review of a firm; or 

b. Perform attestation work, incidental to an engagement which was initiated with a client located outside of the Commonwealth and has extended into the Commonwealth due to common ownership or existence of a subsidiary, assets, or other operations located within the Commonwealth.  

If you have questions about your particular situation, please contact the Board office to determine whether or not you will need to be licensed.