(a) In addition to its powers under AS 08.01.075, the board may revoke, suspend, or refuse to renew a license, practice privilege, or permit, may censure a holder of a license, practice privilege, or permit, or may require a holder of a license, practice privilege, or permit to undergo a peer review under terms required by the board or satisfactorily complete continuing education, if the board finds
(1) fraud or deceit in obtaining a license or permit required by this chapter;
(2) dishonesty or gross negligence in the practice of public accounting, or other acts discreditable to the accounting profession;
(3) violation of a provision of AS 08.04.500 - 08.04.610 or failure to take corrective action to comply with AS 08.04.240(i) within the time allowed under AS 08.04.240(j);
(4) violation of a rule of professional conduct or other regulation adopted by the board;
(5) conviction of a felony under the laws of any state or of the United States;
(6) conviction of any crime, an essential element of which is dishonesty or fraud, under the laws of any state or of the United States;
(7) cancellation, revocation, suspension, or refusal to renew authority to practice as a certified public accountant or public accountant in any other state for any cause other than failure to pay a required fee;
(8) suspension or revocation of the right to practice before any state or federal agency;
(9) failure to satisfy the continuing education requirements prescribed by the board under AS 08.04.425, except as conditioned, relaxed, or suspended by the board under AS 08.04.425(c) and (d);
(10) failure to comply with the peer review requirement under AS 08.04.426;
(11) commission of an act in another state for which the holder of the license, practice privilege, or permit would be subject to discipline in this or the other state;
(12) dishonesty, fraud, deceit, or gross negligence by the holder of a license, practice privilege, or permit in the filing or failure to file the income tax returns of the holder of the license, practice privilege, or permit;
(13) violation of professional standards;
(14) performance of any fraudulent act while holding a license, practice privilege, or permit under this chapter; or
(15) a false or misleading statement or verification provided in support of the application of another person for a license or permit under this chapter.
(b) The board shall investigate a complaint made by the board of accountancy, or other regulatory body for the practice of accounting, of another state.
(c) The board may require the holder of a license, practice privilege, or permit who is disciplined under (a) of this section to bear the costs of the disciplinary proceedings.
Structure Alaska Statutes
Title 8. Business and Professions
Article 3. Regulation of Accountants.
Sec. 08.04.360. Supervision required.
Sec. 08.04.370. Use of title “certified public accountant” by office of firm.
Sec. 08.04.410. Inactive license for person not engaged in practice.
Sec. 08.04.420. Practice privileges.
Sec. 08.04.422. Conditions of practice privileges.
Sec. 08.04.423. Competency requirement after licensing.
Sec. 08.04.425. Continuing education.
Sec. 08.04.440. Effect of failure to obtain license or permit.
Sec. 08.04.450. Disciplinary power of board; investigations.
Sec. 08.04.470. Revocation of a firm's permit.
Sec. 08.04.480. Grounds for discipline of a firm.