A Discussion of New Yorks Requirements for Licensure

1
A Discussion of New Yorks Requirements for
Licensure

• Daniel J. Dustin, CPA, Executive Secretary
• New York State Board for Public Accountancy

2
Licensure In NYS

• Submit Application for Licensure (Form 1) to
  NYSED
• (a) If Educated in US
• Submit (1) Initial Application and (2) Registered
  Program form (NY registered programs) or
  transcripts (other programs) to CPA Examination
  Services, or
• (b) If Any Foreign Education
• Submit all transcripts using Certification of
  Professional Education (Form 2) to NYSED

3
Education Evaluation

• No course by course evaluation if applicant
  graduates from a NYS registered program or AACSB
  accredited accounting program
• Graduates from other programs require transcript
  evaluation
• Foreign Transcripts subject to re-verification by
  Comparative Education Unit

4
Contact Information

• NYSED
• Application forms http//www.op.nysed.gov/cpaform
  s.htm
• E-mail cpabd_at_mail.nysed.gov
• Telephone [phone] x160
• CPA Examination Services
• Application forms http//www.nasba.org/nasbaweb/N
  ASBAWeb.nsf/wpecsp?openformstateabbrevNY
• E-mail cpaes-ny_at_nasba.org
• Telephone 1-800-CPAEXAM (ask for NY coordinator)

5
120-Hour Requirement

• To be grandfathered for licensure based on
  120-hours of education before August 1, 2009 an
  applicant must have
• Conferred bachelors (or higher) degree and
  completed all coursework to meet the 120-hour
  requirements, and
• applied for licensure with NYSED (submitted form
  1 and fee)

6
Education Related Activities

• NASBA/AICPA proposed amendments to model Uniform
  Accountancy Act
• Accreditation
• 24 hours accounting (excluding principles or
  introductory courses)
• 24 hours business
• Subjects derived from Uniform CPA Examination
  Content Specification Outline

7
Education Related Activities

• NASBA/AICPA proposed amendments to model Uniform
  Accountancy Act
• 2 hours business or accounting communications
• Minimum 3 hours accounting or business ethics
  (stand alone course or integrated)
• Proof of coverage by national accrediting body
  (AACSB or ACBSP)
• Maximum 6 hours internships or independent study,
  maximum 3 hours counted toward accounting

8
Education Related Activities

• State Board ad hoc committee
• How much, if any, specificity in required
  accounting and business course work is needed?
• Should New York move from 33 hours accounting and
  36 hours business to the NASBA 24/24 model?
• Should required content (ethics, communications,
  research, etc) be incorporated content or in
  stand alone courses?

9
Education Related Activities

• State Board ad hoc committee
• What role should college/program accreditation
  play for initial and/or endorsed licenses?
• To what extent, if any, should the curriculum
  requirements be tied to the CPA exam?