<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.sdaff7c41-cd00-420c-8a85-af4a35e997dfP0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.sdaff7c41-cd00-420c-8a85-af4a35e997dfC0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sdaff7c41-cd00-420c-8a85-af4a35e997dfC0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sdaff7c41-cd00-420c-8a85-af4a35e997dfC0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sdaff7c41-cd00-420c-8a85-af4a35e997dfC0-000002 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sdaff7c41-cd00-420c-8a85-af4a35e997df000003 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sdaff7c41-cd00-420c-8a85-af4a35e997dfP1 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } </style></head><body><div><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:75:02:14"><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0-000000">20:75:02:14</span></a><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0-000001">.  Examination -- Grades.</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> </span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> </span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">The examination required by SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-20B-18"><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0-000002">36-20B-1</span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0-000002">8</span></a><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> must test the </span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">candidate</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">'s knowledge and skills required for performance as an entry-level certified public accountant. The examination </span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">must</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> include the subject areas of accounting, auditing, business law, taxation, finance, communications,</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> and</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> information technology</span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">.</span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997df000003"> </span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">    A candidate may take the required sections</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> of the examination</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> individually and in any order. Credit for any section passed </span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">i</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">s valid for </span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">thirty months from the date the passing score of the section is released</span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">, without having to attain a minimum score on any failed section, and without regard to whether the candidate has taken other sections. The passing grade is based on a 0-99</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> numeric</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> scale and </span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">passing </span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">is</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> a seventy-five</span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">.</span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997df000003"> </span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">    </span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">Each</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> candidate must pass all four sections of the examination within a single rolling qualifying period, which begins on the date </span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">the first passing score is released. </span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">The rolling qualifying period of thirty months concludes on the date the candidate sits for the final section passed, regardless of when the score is released for the final section</span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">.</span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997df000003"> </span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">    Each candidate may not retake a failed section </span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">of the examination until the candidate has received the score for the most recent attempt of that section</span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">.</span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997df000003"> </span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">    If all four sections of the examination are not passed within a given rolling qualifying period, credit for any section passed outside that qualifying period will expire and that section must be retaken.</span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997df000003"> </span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">    A candidate is deemed to have passed the examination once the candidate holds, at the same time, valid credit for passing each of the four sections </span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">for</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> the examination</span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">, in the rolling qualifying period of thirty months</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">. </span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997df000003"> </span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">    </span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">The period of time in which to pass all required sections of the examination may be extended by the board upon the candidate showing that the credit was lost by reason of individual hardship, personal emergency, act of God, military service, or other circumstances beyond the candidate's control.</span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997df000003"> </span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">    T</span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">he board may accept transferred grades from other states</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> when a candidate for transfer of grades has met all the requirements of </span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">a candidate in this state</span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">.</span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997df000003"> </span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">    The board may not notify a</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> candidate</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> of grades received on the examination until verification of graduation or completion of required courses has been submitted to the board. Until verification is received, the board may not transfer grades to any other state, accept any future examination application, or issue a certificate to an individual receiving passing grades.</span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997df000003"> </span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP1"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">    </span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0-000001">Source:</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> 29 SDR 16, effective August 14, 2002; 30 SDR 119, effective February 9, 2004; 33 SDR 107, effective December 26, 2006; 46 SDR 153, effective July 9, 2020</span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">; 50 SDR 67, effective December 5, 2023; 50 SDR 67, effective January 1, 2024</span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">.</span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">    </span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0-000001">General Authority:</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-20B-12"><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0-000002">36-20B-12</span></a><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">(19), </span><a href="https://sdlegislature.gov/Statutes?Statute=36-20B-18"><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0-000002">36-20B-18</span></a><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">.</span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">    </span><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0-000001">Law Implemented:</span><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-20B-18"><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0-000002">36-20B-18</span></a><span class="sdaff7c41-cd00-420c-8a85-af4a35e997dfC0">.</span></p><p dir="ltr" class="sdaff7c41-cd00-420c-8a85-af4a35e997dfP0"><span xml:space="preserve" class="sdaff7c41-cd00-420c-8a85-af4a35e997df000003"> </span></p></div></body></html>