Bill > SB1181

This bill, titled the "Certified Public Accounting Act of 2026," makes several amendments to Arizona's laws governing certified public accountants (CPAs). Key provisions include redefining terms like "baccalaureate degree" and introducing "postbaccalaureate degree" to clarify educational requirements, and establishing new definitions for "complaint" and "investigation" to better outline the board's regulatory processes. The bill also modifies the experience and education requirements for obtaining a CPA certificate, allowing for alternative pathways that may involve a baccalaureate degree with additional coursework or a postbaccalaureate degree, and reducing the required experience for some applicants. It also updates rules regarding continuing professional education, fee structures for registration, and the conditions under which a CPA's certificate or a firm's registration can be suspended, canceled, or relinquished, particularly in cases of non-compliance or disciplinary proceedings. Furthermore, the bill clarifies the requirements for firms performing attest and compilation services, and expands the scope of information that can be considered confidential during investigations, while also specifying what information becomes public record. Finally, it adjusts the timeline for when certain provisions of the act become effective.

Government Affairs

https://apps.azleg.gov/BillStatus/BillOverview/84096