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Alabama CPA License: Difference between revisions
(Created page with "<i>Please Note: All Historical Data provided through Artificial Intelligence. There is no guarantee of accuracy. </i> The Alabama State Board of Public Accountancy was established in 1923 by the Alabama Legislature to regulate the practice of public accountancy in the state. The Board is responsible for issuing and renewing CPA licenses, as well as enforcing ethical and professional standards for licensed accountants.") |
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<i>Please Note: All Historical Data provided through Artificial Intelligence. There is no guarantee of accuracy. </i> | <i>Please Note: All Historical Data has been provided through Artificial Intelligence. There is no guarantee of accuracy. </i> | ||
The Alabama State Board of Public Accountancy was established in 1923 by the Alabama Legislature to regulate the practice of public accountancy in the state. The Board is responsible for issuing and renewing CPA licenses, as well as enforcing ethical and professional standards for licensed accountants. | The Alabama State Board of Public Accountancy was established in 1923 by the Alabama Legislature to regulate the practice of public accountancy in the state. The Board is responsible for issuing and renewing CPA licenses, as well as enforcing ethical and professional standards for licensed accountants. | ||
== Education Requirements == | |||
1923: The Alabama State Board of Public Accountancy is established to regulate the practice of public accountancy in the state. There are no formal education requirements for CPA licensure.<br> | |||
1960s: The Board establishes a requirement that CPA candidates must have at least a bachelor's degree in accounting or a related field.<br> | |||
2011: The Board increases the education requirement to 150 semester hours, effective for CPA candidates applying after January 1, 2014. The specific coursework requirements for the Alabama CPA license includes: | |||
* At least 24 semester hours in accounting at the undergraduate or graduate level, including courses in financial accounting, managerial accounting, auditing, and taxation. | |||
* At least 24 semester hours in business courses at the undergraduate or graduate level, including courses in business law, finance, economics, and management. | |||
* A course in Alabama Board-approved ethics and regulations | |||
The Board also allows candidates to substitute a graduate degree in accounting for some of the required coursework. | |||
== Experience Requirements == | |||
1970s: The Board requires CPA candidates to have at least two years of experience in accounting or auditing under the supervision of a licensed CPA. | |||
The two-year experience requirement established in the 1970s still applies today in Alabama. The experience requirement may be completed before, during, or after the education and examination requirements are met, but must be completed within a 10-year period. | |||
== Ethics Requirement == | |||
Revision as of 01:25, 1 March 2023
Please Note: All Historical Data has been provided through Artificial Intelligence. There is no guarantee of accuracy.
The Alabama State Board of Public Accountancy was established in 1923 by the Alabama Legislature to regulate the practice of public accountancy in the state. The Board is responsible for issuing and renewing CPA licenses, as well as enforcing ethical and professional standards for licensed accountants.
Education Requirements
1923: The Alabama State Board of Public Accountancy is established to regulate the practice of public accountancy in the state. There are no formal education requirements for CPA licensure.
1960s: The Board establishes a requirement that CPA candidates must have at least a bachelor's degree in accounting or a related field.
2011: The Board increases the education requirement to 150 semester hours, effective for CPA candidates applying after January 1, 2014. The specific coursework requirements for the Alabama CPA license includes:
- At least 24 semester hours in accounting at the undergraduate or graduate level, including courses in financial accounting, managerial accounting, auditing, and taxation.
- At least 24 semester hours in business courses at the undergraduate or graduate level, including courses in business law, finance, economics, and management.
- A course in Alabama Board-approved ethics and regulations
The Board also allows candidates to substitute a graduate degree in accounting for some of the required coursework.
Experience Requirements
1970s: The Board requires CPA candidates to have at least two years of experience in accounting or auditing under the supervision of a licensed CPA.
The two-year experience requirement established in the 1970s still applies today in Alabama. The experience requirement may be completed before, during, or after the education and examination requirements are met, but must be completed within a 10-year period.