Glossary
Certification Expiration Date - the
date through which the CPA certificate is valid.
Certificate Status -
(A)
Active - when used to refer to the status of
person, describes a person who possesses a North Carolina certificate of qualification
and who has not otherwise been granted "Retired,"
"Inactive," or "Conditional" status.
(C) CPE Conditional -
individual who possesses a North Carolina certificate of qualification under
conditions imposed by 21 NCAC 8G .0406(b)(1) or (2) for failure to complete the
CPE requirements prior to the end of the calendar year.
(D) Deceased
(E) Endless Inactive – individual whose North
Carolina certificate of qualification has been
permanently placed on inactive status under a discipline imposed by the Board.
(F) Forfeited
- individual whose North Carolina
certificate of qualification has been returned by the Board under conditions
imposed by 21 NCAC 8G .0406(b)(3) or 8J .0101(c).
(I) Inactive - when used to refer
to the status of a person, describes one who has requested inactive status and
been approved by the Board and who does not use the title "certified
public accountant" nor does he or she allow anyone to refer to him or her
as a "certified public accountant," and neither he or she nor anyone
else refers to him or her in any representation as described in 21 NCAC 8A
.0308(b).
(O) Firm Conditional
- individual who possesses a North Carolina
certificate of qualification under conditions imposed by 21 NCAC 8J .0111(1) or
(2) for failure to comply with firm registration.
(P) Probation - individual who possesses
a North Carolina
certificate of qualification under a discipline imposed by the Board.
(Q) Peer Review
Conditional - individual who possesses a North Carolina certificate of qualification
under conditions imposed by 21 NCAC 8M .0106(c)(1) or (2) for failure to comply
with peer review registration and/or compliance.
(R) Retired - when used to refer to the
status of a person, describes one possessing a North Carolina certificate of qualification
who verifies to the Board that the applicant does not receive or intend to
receive in the future any earned compensation for current personal services in
any job whatsoever and will not return to active status. However, retired
status does not preclude volunteer services for which the retired CPA receives
no direct or indirect compensation so long as the retired CPA does not sign any
documents, related to such services, as a CPA.
(S) Suspended
- individual whose North Carolina
certificate of qualification has been revoked for a specific period of time
under conditions imposed by 21 NCAC 8J .0111(3) or under a discipline imposed
by the Board.
(X) Revoked
- individual whose North Carolina
certificate of qualification has been permanently removed or for a specific
time under a discipline imposed by the Board.
(*) Form of Practice - individual who
possesses a North Carolina
certificate of qualification and has signed a Form of Practice affidavit
stating that because the individual practices public accounting in an improper
form the individual will not use the CPA title in any way.
Certificate Number - the unique number assigned to the licensee when his or her
certificate is issued by the Board.
Date of Certification - the date the CPA certificate was issued to the licensee.
Preferred Address - the address that the individual or CPA firm has designated as
the address to which the Board should send all correspondence.