The California Board of Accountancy has voted to pursue changes to make the requirements for obtaining a California CPA license more consistent with the Uniform Accountancy Act as well as licensure requirements in most other states. The increased educational requirement would meet the licensure requirements already in effect in the vast majority of other states. If the changes are enacted, California’s pathway 1 would sunset in 2012, but California would become a substantially equivalent state in 2009 and all California CPAs would be allowed to participate in interstate commerce in those states that allow CPAs from substantially equivalent states to provide service. All candidates would be required to obtain 150 semester hours of education prior to licensure after 2011.
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March 4, 2008 at 6:46 pm |
I support the California Board of Accountancy changing the license requirements to be consistent with the Uniform Accountancy Act already in effect with the majority of other states enabling California CPAs to participate in interstate commerce in those states.
March 5, 2008 at 4:00 pm |
I’m having trouble understanding where the true benefit exists for any CPA candidate, and the accounting profession as a whole, whereby the candidate will need to postpone beginning his/her accounting career for at least another year while trying to finance an additional 26-30 more semester college units of education (in any subject matter desired by the candidate, mind you) in place of that extra one year’s worth of hands on, in-the-field accounting work experience that is so much more beneficial to the candidate, and to the profession, than any additional year spent in college.