Pursuant to 32 M.R.S. § 12227, any person who receives from the board a license to practice as a certified public accountant prior to the effective date of the chapter or as provided in the subchapter may be styled and known as a certified public accountant, and no other persons may assume that title or use the abbreviation “CPA” or any other words, letters or figures to indicate that the person using the title is a certified public accountant.
32 M.R.S. § 12228 provides that a person who meets the good character, education, examination and experience requirements of the section is eligible to apply for licensure as a certified public accountant pursuant to section 12230. An applicant is required to pass an examination approved by the board to test the applicant’s knowledge of the subjects of accounting and auditing and such other related subjects as the board may specify by rule in order to qualify for a certificate.
M.R.S. § 12234 provides that a license expires on the date set by the Commissioner of Professional and Financial Regulation pursuant to Title 10, section 8003, subsection 4 for the licensing period for which the license was issued. A license may be renewed upon receipt of an application for renewal and payment of the renewal fee as set under section 12203. Licenses may be renewed up to 90 days after the date of expiration upon payment of a late fee in addition to the renewal fee as set under section 12203.
Pursuant to 32 M.R.S. § 12273-A, in addition to the grounds enumerated in Title 10, section 8003, subsection 5-A, paragraph A, the board may deny a license, refuse to renew a license or impose the disciplinary sanctions authorized by Title 10, section 8003, subsection 5-A for:
- loss of authority in other state.
- failure to maintain compliance
- revocation or suspension of right to practice.
- dishonesty, fraud, gross negligence, failure to file.
- adverse conduct.
No person not licensed as a certified public accountant under the chapter may use or assume the title of “certified public accountant,” the abbreviation “CPA” or any other title, designation, words, letters, abbreviation, sign, card or device indicating that the person is a certified public accountant. No person may assume or use the title or designation “public accountant,” the abbreviation “PA” or any other title, designation, words, letters, abbreviation, sign, card or device indicating that the person is a public accountant unless that person holds a valid public accountant license issued under former section 12251.
No person or firm not holding a valid license issued under the chapter may assume or use the title or designation “certified accountant,” “chartered accountant,” “enrolled accountant,” “licensed accountant,” “registered accountant,” “accredited accountant” or any other title or designation likely to be confused with the titles “certified public accountant,” “public accountant” or use any of the abbreviations “CA,” “LA,” “RA,” “AA” or similar abbreviations likely to be confused with the abbreviations “CPA” or “PA,” provided that a holder of a certificate who does not also hold a license may use the titles pertaining to that certificate in any manner not prohibited by rules adopted by the board under section 12214, subsection 4. No person holding a certificate may engage in the practice of public accountancy, unless that person also holds a valid license issued under the chapter.