AR SB290

Amends Arkansas Code § 17-12-505 to allow the Arkansas State Board of Public Accountancy to create exceptions to continuing education requirements for inactive licensees who do not perform accounting, auditing, management advisory, financial advisory, consulting, or tax services for the public.

Requires licensees with inactive status to display the word "inactive" adjacent to their CPA or PA title on business cards, letterhead, electronic transmissions, and other documents, except on their CPA certificate or PA registration.

Exempts attorneys with current law licenses from inactive status restrictions while providing tax services within the scope of their law license.

Allows nonresident licensees with active CPA or PA licenses in their home state to engage in licensed activities while Arkansas license remains inactive, but prohibits those activities within Arkansas for state residents or clients with home offices in Arkansas.

Permits inactive licensees to provide volunteer services without compensation if services are not attest services and no documents are signed as a CPA or PA, and allows inactive licensees returning to public accounting practice to engage in restricted activities if supervised by an active licensee until their upgrade application is approved.