OAR 801-010-0120
Inactive Status and Retired Status

(1) Inactive Status:
(a) An application for inactive license status must be made on a form provided by the Board and must be accompanied by a fee prescribed by OAR 801-010-0010 (Fees, Civil Penalties and Cost Recovery).
(b) The licensee applying for inactive status must certify to the Board that:
(A) The licensee holds a license issued under ORS 673.150 (Permits to engage in practice of public accountancy) that is not lapsed, expired, retired, revoked or suspended;
(B) The licensee is not employed in a firm;
(C) The licensee is not a sole practitioner;
(D) Except as expressly authorized in writing by the Board or provided for in this rule, the licensee does not perform or offer to perform for compensation or remuneration in Oregon or for an Oregon client, services involving the use of accounting or attestation skills, including but not limited to issuance of reports on financial statements, management advisory, financial advisory, consulting services, preparation of tax returns or the furnishing of advice on tax or tax planning matters.
(c) An inactive licensee not working in a Firm is permitted to practice public accountancy in private industry for one business entity as a staff accountant, CFO or similar position.
(d) Inactive licensees may not hold ownership interest in a registered CPA or PA firm.
(2) Renewal Requirements. A licensee who is granted inactive status must:
(a) Must renew on or before June 30;
(A) Licensees with a license number that is even will renew in even-numbered years.
(B) Licensees with a license number that is odd will renew in odd-numbered years.
(b) Renewal applications that are postmarked by the US Postal Service or other delivery service, electronically stamped by fax machine or submitted by an online process managed by the Board after June 30 must include a late fee described in OAR 801-010-0010 (Fees, Civil Penalties and Cost Recovery); and
(c) Satisfy the continuing education requirements as provided in OAR 801-040-0010 (Basic Requirements).
(3) An inactive licensee may be employed by a governmental unit or private industry employer in which accounting skills are used or required provided, however, that:
(a) An inactive licensee may not be employed by more than a single governmental entity or private industry employer at any one time; and
(b) An inactive licensee employed by a governmental unit or private industry employer may not provide services to more than one client.
(c) For purpose of this provision, affiliated entities under common control may be considered a single employer.
(4) Inactive Licensees’ Use of CPA or PA Designation. A licensee who is granted inactive status shall not use the CPA or PA designation unless the word “Inactive” is used in conjunction with the designation, such as “CPA Inactive,” and is listed in the same font size.
(5) To the extent applicable, an inactive licensee is subject to the Code of Professional Standards and Conduct set forth in OAR Chapter 801, Division 030.
(6) Retired Status:
(a) An application for retired license status must be made on a form provided by the Board and must be accompanied by a fee prescribed by OAR 801-010-0010 (Fees, Civil Penalties and Cost Recovery).
(b) The licensee applying for retired status must certify to the Board that:
(A) The licensee meets the age or experience requirements for retired status as set forth in OAR 801-005-0010 (Definitions)(50);
(B) The licensee holds a license issued under ORS 673.150 (Permits to engage in practice of public accountancy) that is not lapsed, expired, revoked or suspended;
(C) The licensee does not perform any accounting services for which professional standards have been established or adopted for either direct or indirect compensation or remuneration. Retired licensees may use accounting skills as a volunteer or to provide pro bono tax services work so long as there is no compensation or remuneration of any kind offered or paid;
(D) The licensee is not employed in a public accounting firm for either direct or indirect compensation or remuneration; and
(E) The licensee does not perform or offer to perform in Oregon or for an Oregon client, financial advisory, tax planning or financial consulting services.
(F) Retired licensees may not hold ownership interest in a registered CPA or PA firm.
(c) Must renew on or before June 30.
(A) A retired status licensee is not required to obtain or report any CPE.
(B) Licensees with a license number that is even will renew in even-numbered years.
(C) Licensees with a license number that is odd will renew in odd-numbered years.
(7) Upon prior approval of the Board, a retired licensee may, for compensation, provide services or engage in business activities in which the licensee’s accounting skills may be utilized so long as the activity or service performed is not subject to any established or adopted professional standard or rule. The Board may, in its discretion, attach reasonable conditions to its approval under this section.
(8) Retired Licensee’s Use of CPA or PA Designation. A licensee who is granted retired status shall not use the CPA or PA designation unless the word “Retired” is used in conjunction with the designation, such as “CPA Retired,” and is listed in the same font size.
(9) To the extent applicable, a retired licensee is subject to the Code of Professional Conduct set forth in OAR Chapter 801, Division 030.
(10) A licensee in retired status will be permitted to reinstate to active or inactive status in accordance with the provisions in OAR 801-010-0130 (Reinstatement Requirements: Lapsed, Suspended, Retired or Inactive to Active Status)(7) and OAR 801-010-0130 (Reinstatement Requirements: Lapsed, Suspended, Retired or Inactive to Active Status)(8).
(11) Ability of Inactive and Retired Status Licensees to Serve as Trustee of a Trust or a Court Appointed Receiver, Trustee, Guardian, Conservator, or Personal Representative of an Estate. Notwithstanding the limitations set forth above, inactive and retired status licensees may serve as a trustee for a trust, or as a court appointed receiver, trustee, guardian, conservator, or personal representative/executor of an estate; provided, however, the licensee must comply with all fiduciary duties and responsibilities of the position, may not perform attestation work for the entity or individual for which the service is provided, and may not work as a court appointed trustee, receiver, guardian or conservator, or in other fiduciary positions for hire.

Source: Rule 801-010-0120 — Inactive Status and Retired Status, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=801-010-0120 (accessed May 26, 2025).

May 26, 2025

Rule 801-010-0120's source at or​.us