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8/12/2019 150-Unit CPA Requirement
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150-Unit CPA Licensure
Requirement January 1, 2014
How will it affect you?
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Beginning Jan 1, 2014
California Board of Accountancy (CBA) issuesthe state of California CPA licensure
Academic requirement for CPA:
Baccalaureate degree or higher with
150 semester units of education 24 semester units of accounting
24 semester units of business-related subjects 20 semester units of accounting study
10 semester units of ethics study
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Accounting units
24 units (old) + 6 units (new) = 30 units
Courses include:
Accounting, Auditing, Taxation, FinancialReporting, Financial Statement Analysis,External or Internal Reporting, Assurance, Attestation, Bookkeeping, Cost,
Peachtree/Quickbooks, CPA Review Coursesfrom nationally/regionally accreditedinstitutions.
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Educational Requirements for CPA Licensure
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Business-related Units
24 units (old) + 14 units (new) = 38 units
Business-related courses include:
38 units - Bus Admin, Economics, Marketing,
Computer Science & Info Services, Bus Management,Finance, Statistics, Bus-related law, BusCommunications, Mathematics, more accountingcourses or
9 of the 38 units can be skill-based, foreignlang/culturalðnic studies or industry-based
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A master degree exception
Completion of a Master of Accounting, Taxation, or Laws in Taxation is equivalent to20 semester units of accounting study.
Exempts you from the 20 add‟l accounting units, or
6 units of accounting + 14 units of business-relatedcourses
You must still meet the former requirements of 24units in Accounting + 24 units in Bus-relatedcourses.
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10 units of Ethics
Auditing – 1 unit
Business Law
Corporate Governance Ethics, Morals, or Fraud
Organizational Behavior
Human Resources Management
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Educational Requirements for CPA Licensure
10 Units of Ethics
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In 2017
Must have taken an upper level course with title:“Accounting Ethics”
Accounting must be in the title
Ethics must be in the title
Can be taken at Com College
However, courses cannot double-count
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Total academic units
Academic units can be separated as:
30 units of accounting courses
38 units of business-related courses10 units of ethics courses
78 units total
+ 72 units of other courses (GEs, etc)150 units
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SJSU Course Work for BSBA
Comm College units
Even though SJSU accepts only 70 transferrableunits, the CBA will accept as many as you takefrom CC. So if you have taken 90 units fromCC + 60 units from SJSU your total is 150 units!
If you meet the 30-38-10 requirement you‟re done!!!
(Acctg-Bus-ethics)
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SJSU CPA Eligibility Worksheet - 2011
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SJSU CPA Eligibility Worksheet - 2011
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SJSU Course Work for BSBA
Accounting course units (need 30 units)
Program requires you to take 30 units
Business related units (need 38 units)
Program requires you to take 41 units
Ethics units (need 10 units)
Take BUS80, Phil 186 and BUS160 + 1 unit
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CPA Licensure in California Starting Jan 1,
2014
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CPA Licensure in California Starting Jan 1,
2014
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On Earning 150 units
The Accounting Concentration helps you meet:
30 units in Accounting courses
38 units in Business related courses
10 units in Ethics
What about the other 72 units?
GE courses will fill up 42 of the 120 units for theBaccalaureate degree
What about the additional 30 units?.
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On earning 150 units
Take courses in the summer at SJSU orcommunity colleges
Declare a Minor – allows you to take 15 unitsbeyond the 120 units
Areas to minor – communication, economics, orother social science fields
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What add’l courses to take?
Advice from the Dept and CPA professionals
Useful skills from CC – excel, quickbooks,peachtree, payroll accounting, bookkeeping for small
business Communication courses, writing courses, public
speaking courses
Add‟l accounting courses, finance courses General course on understanding technology – cloud
computing, hardware, software, etc.
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Four Year Program at SJSU - Accounting
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Four Year Program at SJSU - Accounting
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Other Options to earn 30 units
Master of Science in Taxation (MST) – 30 units
MBA One – 42 units
Future Options – Certificate programs
MS Accountancy (MAcc) for UG with concentrationin accounting
Other master programs
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California Board of Accountancy
(CBA) Review processCBA is the California CPA licensing board
1. Determine accrediting agency/body & units
earned – semester/quarter2. Use transcript to verify educational
requirements for BS degree + 24 accounting +
24 bus-relatedIf you meet #2 (above) you can „sit for the CPA
exam‟
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California Board of Accountancy
(CBA) Review process
3. Tally 20 units to meet Accounting units (new)
6 units of accounting
14 units of other courses ( See CBA tip sheet)
4. Tally 10 units to meet Ethics units (before
2017)
- See course titles on CBA tip sheet
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California Board of Accountancy
(CBA) Review process
5. One-year of work experience under guidanceof a CPA who must sign off on the various tasksfor auditing
6. Apply for CPA licensure with CBA.
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Big 4 advice
Students must have completed 150 units prior to full-time employment.
You must show „your plan‟ to meet 150 units when you
are offered an internship. If you do not complete 150 units you may be able to
intern, but full-time employment is deferred.
The Big 4 wants you to complete the 150 units prior toemployment and even prior to „sitting for the CPA
exam‟
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Any questions?
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Links
http://www.sjsu.edu/acctfin/useful/index.html
Provides links to:
CBA Tip SheetSJSU CPA Worksheet,
Recommended courses for CPT exam, and
these PPT slides.
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H l f l Ti d Li k f h C lif i
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Helpful Tips and Links from the California
Board of Accountancy
Recommended