(1) To be issued an initial permit to practice, an applicant must provide evidence of acceptable accounting and auditing experience.

(2) Acceptable accounting and auditing experience is performing accounting and auditing functions ordinarily required in the practice of public accounting, provided this experience:

(a) is attested to by a holder of a permit to practice that was current at the time of attestation or for military experience evaluated by the board based on information provided by the applicant's commanding officer; and

(b) takes place in the three years prior to the date of the application; and

(c) includes at least 12 calendar months (2000 hours actual work experience) of private, governmental, academic, or public accounting work acceptable to the board.