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And some CPAs say the 150-hour college credit requirement needs to change. Sheryl Estrada. September 7, 2023 at 7:30 AM ... The current standard to become a CPA entails 150 hours of college credit ...
This guide simplifies the CPA requirements in Florida, covering everything from the 150 semester hours of education needed to the one-year work experience requirement, the CPA exam application ...
Until the mid-1990s, the Uniform CPA Exam was 19.5 hours in duration and was administered over two and one-half days. It consisted of four subject areas (sections) which were tested in five sittings: Auditing (3.5 hours); Business Law (3.5 hours); Accounting Theory (3.5 hours); and Accounting Practice (Part I & Part II; 4.5 hours each).
Researchers studied more than 116,000 candidates who took the exam between 1996 and 1998. 33% of respondents had more than 150 college credit hours, while 67% had less than 150 credit hours. The research reveals that for candidates with less than 150 credits, only 13% passed the CPA exam on their first try.
In 1979, the State of Florida enacted the 150 hour requirement, becoming only the second state to enact such requirement. The requirement was phased in beginning in 1984. Ultimately, all 50 states would follow and the 150 hour requirement of college credit is now the standard for the profession in the United States. [12] Advertising by CPAs
Step 1: Meeting the CPA Exam Eligibility Requirements Understanding the Basics. Before you even think about filling out your CPA exam application, it’s crucial to ensure you meet the eligibility ...
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