In State Firm License


In State Firm Licensing Requirements

The Kentucky Board of Accountancy licenses firms and individual CPAs. A firm may take the form of a sole proprietorship, a professional service corporation, a partnership,
a limited liability company, or any other business form allowed by law. Firms may practice public accounting in Kentucky through the various entities authorized by the laws that regulate business entities and the provisions of KY Revised Statutes Chapter 325. In general all these entities, with a few exceptions, must be registered with the Kentucky Secretary of State's Office prior to registering with the Board of Accountancy.   

In State Initial Firm Licensing Procedures    

Sole Proprietors practicing public accounting must obtain a firm license. Application includes:   

  • Check or money order in the amount of $100 for a two year license
  • Enrollment in the peer review program if performing audits, reviews, or compilations (see below) 
 CPA Firms practicing public accounting as an LLP, PLLC, PSC, etc. must obtain a firm license. Application includes: 
  • Check or money order in the amount of $100 for a two year license
  • Submit a copy of your approved registration from the Secretary of State's office
  • Must be enrolled in the peer review program if performing audits, reviews, or compilations (see below) 


Opening a Branch Office

To register a branch office that is located in Kentucky, include branch locations on the initital application. If a firm opens a branch after initial licensing, download the Firm Change Form and submit to the Board office.  There is no fee for branch office registrations and it's not required that a CPA be present at this office at all times. 

Peer Review 

Mandatory peer review exists for all firms performing any attest services, which include audits, reviews and all compilations.  Every firm that provides one or more of these services must enroll in a peer review program and provide the Board with proof of enrollment. Following completion of your peer review, you are required to submit a copy of your peer review report and acceptance letter to the Kentucky State Board of Accountancy.
Every firm must become enrolled in an approved peer review program prior to performing any attest services. The approved peer review program is being administered through the Illinois CPA Society effective September 1, 2017. The contact person is Paul Pierson, (312) 517-7610

Changes to Firm Licensing Information 

The firm manager shall notify the Board on a Firm Change Form of any change in the firm's address, ownership, CPA owners/partners who are admitted or leave the firm, etc. or closing of a firm within thirty days of the occurrence.
If a firm consists of only two CPA owners, upon the death or retirement of an owner the firm may request a period of up to two years to continue use of the firm name. It should be noted that retirement means complete retirement, not withdrawal from the firm.

Firm License Renewals 

Firm managers are responsible to insure the firm license is renewed through the use of an online portal in July of even numbered years. The fee is $100, plus portal fees, if renewed on or before August 1. If the firm license is not renewed by August 1 the license will expire and the firm shall immediately cease practicing. However the firm license may still be renewed online until September 1 of the renewal year, but the fee will increase to $200, plus portal fees. If not renewed by September 1 the firm must contact the Board office for reinstatement.