Bill > A5598

This bill modifies requirements for obtaining a license as a certified public accountant (CPA) in New Jersey. The key changes include updates the educational, CPA licens, specifically allowing applicants to pathways for licensa educational requirements first, obtaining a baccalaureate or higher degree, an or second, completing 150 hours of education. In, both paththe education must an institution accaccby a Jersey regional accrediting agency and demonstrate a concentration in accounting or related professional courses. The the also the requirement for licensure, the requirement from to two years for those with a bachelor and one year for those with 150 hours of education. The bill also updates provisions for individuals holding licenses from other states to practice in New New clarifying process under privileges, including maintaining a current, valid, and unrevoked license, passing the Uniform CPA examination, and having the required professional experience. Also, requirements for waiving examlicensfor applicants from license holders from otherf designation holders bill including speceducational, examination,. The bill would take effect first the th month following enactment, apply would toure from that date forward.Human , The bill use plain language language refers to nuancedance legal for professionalency the licensing process ensuringproper educational and experience standards.

Budget and Finance, Business and Industry

https://www.njleg.state.nj.us/bill-search/2024/A5598