Alaska Statutes.
Title 8. Business and Professions
Chapter 4. Accountants
Section 450. Disciplinary Power of Board; Investigations.
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AS 08.04.450. Disciplinary Power of Board; Investigations.

(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 forto 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.

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