As of July 14, 2018, a firm that does not operate an office in
this state, holds a license in good standing from the state where their main
office is located, and if applicable complies with the peer review requirements
of this state (See KRS 325.301(10) is not
required to obtain a license to provide public accounting services to a KY
based client. Out of state firms may still submit an application to obtain a
Kentucky firm license by completing the form contained on the In-State Firm
Licensing Requirements page.
Changes to Out of State Firm Licensing Information
manager of a firm located outside the state of Kentucky that holds a Kentucky
firm license 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.
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
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.