Bill > A07613

This bill reforms the education and certification requirements for becoming a Certified Public Accountant (CPA) in New York by establishing two alternative pathways for professional education. The first pathway requires a 120-semester-hour curriculum in accountancy, while the second pathway involves a 150-semester-hour curriculum, both with specific subject requirements set by the commissioner's regulations. The bill also modifies the experience requirements, stipulating that applicants with the 120-semester-hour education must complete two years of acceptable full-time experience, while those with the 150-semester-hour education need only one year. Additionally, the bill updates provisions for out-of-state CPAs seeking to practice in New York, clarifying the practice privilege requirements, including maintaining a valid license in good standing, having completed professional education and experience requirements, and passing the required examination. The bill introduces more detailed reporting requirements for CPAs with disciplinary histories in other jurisdictions and provides a mechanism for CPAs to continue practicing while their New York licensure application is pending. The changes aim to standardize and clarify the certification process for public accountants, ensuring professional competence and regulatory oversight.

Budget and Finance, Education

https://www.nysenate.gov/legislation/bills/2025/A7613