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. See Full Document Please see below for the most current responses to the 120/150 Hour Discussion Paper: Federation of Schools of Accountancy 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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