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NASBA Proposes Changes to CPA Educational Requirements
The NASBA has issued an Exposure Draft of Uniform Accountancy Rules 5-1 and 5-2 that address the content of the 150 semester hour requirement. The proposed rules increases the number of semester hours required in accounting (from 24 to 30) and business (30 to 36) as well as specific hourly requirements for both accounting and business subjects, including three hours of ethics in accounting and three hours of ethics in business. The comment period ends on June 30, 2005.
The full text of the proposed rules may be seen by clicking on Publications and Speeches at: http://www.nasba.org/nasbaweb.nsf/lp.
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