Page 1 of 7 20:75:02:04. Education. For the purpose of satisfying the education requirements in
SDCL 36-20B-15, a semester credit hour means the conventional a traditional college semester hour.
Quarter hours A quarter credit hour may be converted to a semester hours credit hour by multiplying
them the quarter hour by two-thirds.
Both a major concentration in accounting and a course of study substantially equivalent to a
major concentration in accounting must include be obtained at an accredited college or university
and include the following:
(1) Twenty-four semester credit hours in accounting at the undergraduate or graduate level
from an accredited college or university, not including elementary principles of accounting, and at
least one course in each of the following: intermediate
(a) Intermediate or advanced accounting, auditing, taxation,;
(b) Auditing;
(c) Taxation; and cost
(d) Cost accounting; and
(2) Twenty-four semester credit hours in business courses, other than accounting courses, at
the undergraduate or graduate level.
A To count towards the requirements in this section, a course may not be audited but must
appear as a semester credit hour or quarter credit hour credit on an official transcript.
Source: 29 SDR 16, effective August 14, 2002; 30 SDR 119, effective February 9, 2004; 50
SDR 67, effective December 5, 2023; 50 SDR 67, effective January 1, 2024.
General Authority: SDCL 36-20B-12(3)(15).
Law Implemented: SDCL 36-20B-1536-20B-21.
Page 2 of 7 CERTIFICATES, LICENSES, AND PERMITS
Section
20:75:03:01 Application for initial certificate and replacement certificate -- Fees.
20:75:03:02 Non-renewal.
20:75:03:03 Application for renewal of certificate -- Fees.
20:75:03:04 Experience.
20:75:03:05 Ethics examination.
20:75:03:06 Denial of certificate.
20:75:03:07 Repealed.
20:75:03:08 Application for firm permit -- Replacement--Fees.
20:75:03:08.01 Firm permit renewal -- Fees.
20:75:03:09 Repealed.
20:75:03:10 Notification of firm changes.
20:75:03:11 Definitions.
20:75:03:12 Renewal of a South Dakota active certificate -- Fees.
20:75:03:13 Renewal of a South Dakota inactive certificate -- Fees.
20:75:03:14 Repealed.
20:75:03:15 Substantial equivalency and reciprocityIssuance of certificate to applicant licensed
by another state.
20:75:03:16 Registration of a retired certificate -- Fees.
Page 3 of 7 20:75:03:04. Experience. An applicant for the issuance of an initial certificate shall have
obtain verification of the applicant's experience verified as meeting the requirements described in
SDCL 36-20B-21, from a licensee as defined in SDCL 36-20B-1 or an individual similarly licensed
in another state. The applicant shall provide the verification to the board by a licensee as defined in
SDCL 36-20B-21 or a licensee from another state along with the application. The board shall look
at such factors as the complexity and diversity of the work.
One year of experience shall consist As referenced in SDCL 36-20B-21, experience required
for licensure consists of full full-time or part-time employment in performing services described in
SDCL 36-2B-21 that:
(1) For one year of experience, extends over a period of no less than a at least one year
and no more than three years and includes no fewer than 2,000 at least two thousand hours of
performance of services described in SDCL 36-20B-21.; or
(2) For two years of experience, extends over a period of at least two years and no more
than six years and includes at least four thousand hours of performance.
An individualA licensee responsible for the performance of attest services, as defined in SDCL
36-20B-2, and who sign or authorize signs or authorizes someone to sign, on behalf of the firm, the
accountant's report on the financial statements, as defined in SDCL 36-20B-3, shall must have
experience in auditing, compilation, or review, in any combination, which totals at least 375 three
hundred seventy-five hours as indicated on the experience form. The individual's experience must
be earned within a ten-year period immediately preceding the latest application for a certificate under
the Act .
AnyA licensee who has been requested by an applicant refuses to submit to the board evidence
of the applicant's experience and has refused to do so shall when requested by the applicant, must,
upon request by the board request, explain in writing or in person the basis for such the refusal. The
Page 4 of 7 board may require any licensee who has furnished evidence of an applicant's experience to
substantiate the information.
AnyThe board may require an applicant may be required to appear before the board or its
representative to supplement or verify evidence of experience. The board may inspect
documentation relating to an applicant's claimed experience.
Source: 29 SDR 16, effective August 14, 2002.
General Authority: SDCL 36-20B-12(3)(14), 36-20B-21, 36-20B-22.
Law Implemented: SDCL 36-20B-2, 36-20B-3, 36-20B-13, 36-20B-21.
Page 5 of 7 20:75:03:12. Renewal of a South Dakota active certificate -- Fees. A person holding a
valid certificate issued by this state prior to July 1, 2002, is deemed to have met the experience
requirements for licensure under SDCL 36-20B-21. An applicant who performs accounting or
auditing services for the public as described in SDCL 36-20B-27, shall renew the certificate in as an
active status certificate, as defined by § 20:75:03:11.
A person who holds a valid certificate who is not performing accounting services described
above, and who wishes to use the title "Certified Public Accountant" or "Public Accountant"
may renew the certificate to be in an active status.
A certificate holder performing or offering to perform "attest" services, as defined in SDCL
36-20B-2, shall provide proof of one year of experience as required in § 20:75:03:04 verified by
another certificate holder.
An application for renewal of an active certificate must be received by the board by August
first, postmarked by August first, or, if completed on the internet, submitted on or before 11:59 p.m.
Central Time on August first, to be considered on time. The fee for annual renewal submitted on
time is one hundred dollars. The late fee for an annual renewal is an additional one hundred dollars.
Online submission of a renewal application constitutes the certificate holder's signature and
verification of the information submitted.
Source: 29 SDR 16, effective August 14, 2002; 30 SDR 119, effective February 9, 2004; 35
SDR 305, effective July 1, 2009; 51 SDR 141, effective July 1, 2025.
General Authority: SDCL 36-20B-12.
Law Implemented: SDCL 36-20B-27, 36-20B-28.
Cross-References:
Non-renewal, § 20:75:03:02.
Experience, § 20:75:03:04.
Definitions, § 20:75:03:11.
Page 6 of 7 20:75:03:15. Substantial equivalency and reciprocity Issuance of certificate to
applicant licensed by another state. An applicant for issuance or renewal of a reciprocal license
pursuant to SDCL 36-20B-26 shall, in the application, list any state in which the applicant has
applied for, or holds, a certificate, license, or permit, and list any past denial, revocation, or
suspension of a certificate, license, or permit. Each holder of, or applicant for, a certificate shall
notify the board in writing, within thirty days after its occurrence, of any of the following
regarding the holder or applicant:
(1) For a Certified Public Accountant certificate, license, permit, or substantially equivalent
comparable foreign designation:
(a) An issuance, denial, revocation, or suspension of the designation by another state;
(b) The voluntary surrender of the designation to resolve or avoid disciplinary action; and
(c) Any other form of discipline imposed against the designation;
(2) The conviction of any crime;
(3) The revocation of a professional license of any kind in any jurisdiction; and
(4) A change of address or employment.
The application must be accompanied by a fee of one hundred dollars. An application received
after a principal place of business is established in this state is subject to a late fee of one hundred
dollars. The late fee is independent of any possible disciplinary proceedings resulting from a failure
to comply with SDCL 36-20B-26.
An applicant for initial issuance or renewal under this chapter must comply with the continuing
professional education requirements for issuance or renewal in the applicant's state, or the continuing
professional education requirements applicable in this state if the applicant's state of licensure does
not require continuing professional education.
If the applicant passed an examination in a state that the board determines not to be
substantially equivalent comparable to this state's educational requirements, the board may issue the
Page 7 of 7 applicant a license upon a showing that the requirements of SDCL 36-20B-25 are met and the
applicant's license is in good standing in the state of issuance.
Source: 29 SDR 16, effective August 14, 2002; 30 SDR 119, effective February 9, 2004; 33
SDR 107, effective December 26, 2006; 35 SDR 305, effective July 1, 2009; 36 SDR 216, effective
July 6, 2010; 51 SDR 141, effective July 1, 2025.
General Authority: SDCL 36-20B-12.
Law Implemented: SDCL 36-20B-13, 36-20B-25, 36-20B-26.