November 4, 2008

Adoption of the 150-hour requirement was not done in haste. The quest for the 150-hour education requirement goes back to the time when NASBA was called the Association of CPA Examiners and the American Institute of Accountants (AIA) was still not a part of the AICPA. The requirement was brought about by many factors, including: the expansion of client services, the growing application of information technology (electronic data processing), the increase in accounting pronouncements, the recognition of the value of formal education over informal experience, and the desire for the recognition of accounting as a profession at least as demanding as law, engineering and architecture.

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120/150-Hours Draft November 2008

Please see below for the most current responses to the 120/150 Hour Discussion Paper:
(In Alphabetical Order)

AICPA Response

California Response

Federation of Schools of Accountancy Response

Gerald Searfross Response

Idaho State Board of Accountancy Response

Illinois Board of Examiners Response

Kentucky Society of CPAs Response

Kentucky State Board of Accountancy Response

Montana Board of Public Accountants Response

New York State Board of Public Accountancy Response

Ohio Center for Professional Accountancy Response

Texas State Board of Public Accountancy Revised Response

Utah Board of Accountancy Response

Please click the following link to view the Education Committee Response to the 120/150 paper.

You can also read Richard Griffin’s paper Is the Uniform CPA Examination Uniform?

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