Bill > HB4502

This bill modifies the requirements for becoming and practicing as a Certified Public Accountant (CPA) in Michigan by making several key changes. The bill reduces the required college education from 150 to 60 semester hours and allows individuals to obtain certification with an associate degree in accounting instead of a baccalaureate degree. The legislation maintains existing requirements for good moral character, passing a standardized examination, and completing one year of qualifying professional experience in areas such as financial auditing, tax preparation, financial analysis, and accounting services. For out-of-state CPAs, the bill provides more flexibility by allowing professionals from other jurisdictions to practice in Michigan if they meet substantially equivalent qualifications, which now include the reduced education requirements. The bill also simplifies the process for out-of-state CPAs to practice in Michigan by eliminating additional notice or fee requirements, while still ensuring that these professionals are subject to the state's professional conduct regulations. These changes appear designed to make CPA certification more accessible and streamline professional practice across state lines.

Government Affairs

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-HB-4502