Want to sign up and start contributing? Head over to our subreddit at https://www.reddit.com/r/CPAEXAM to get the sign-up code needed.
Alabama CPA License: Difference between revisions
No edit summary |
No edit summary |
||
| Line 1: | Line 1: | ||
<i>Please Note: All Historical Data has been 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 | The history of the Alabama CPA profession can be traced back to the early 1900s. The Alabama Society of Certified Public Accountants (ASCPA) was established in 1919. 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 first CPA exam was administered in Alabama in 1925, and the state's first CPAs were licensed shortly thereafter. Over the following decades, the profession grew and evolved, and the ASCPA played an important role in supporting the interests of CPAs in the state. In 1969, the Alabama Board of Public Accountancy was created by the Alabama Legislature, replacing the State Board of Examiners of Public Accountants. The new board was established to oversee the licensing and regulation of CPAs in the state, rather than just public accountants. Under the new board, the requirements for CPA licensure in Alabama became more stringent, with a focus on education and experience requirements. The board was given the authority to administer the CPA exam and to set and enforce ethical and professional standards for CPAs in the state. | ||
== Education Requirements == | == Education Requirements == | ||
| Line 17: | Line 17: | ||
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. | 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 == | == Ethics Exam Requirement == | ||
The ethics requirement for CPA licensure in Alabama was created in 1984. It was one of the earliest states to introduce an ethics exam requirement for CPA licensure. The current fee for the ethics exam is $149 | |||
Revision as of 01:48, 1 March 2023
Please Note: All Historical Data has been provided through Artificial Intelligence. There is no guarantee of accuracy.
The history of the Alabama CPA profession can be traced back to the early 1900s. The Alabama Society of Certified Public Accountants (ASCPA) was established in 1919. 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 first CPA exam was administered in Alabama in 1925, and the state's first CPAs were licensed shortly thereafter. Over the following decades, the profession grew and evolved, and the ASCPA played an important role in supporting the interests of CPAs in the state. In 1969, the Alabama Board of Public Accountancy was created by the Alabama Legislature, replacing the State Board of Examiners of Public Accountants. The new board was established to oversee the licensing and regulation of CPAs in the state, rather than just public accountants. Under the new board, the requirements for CPA licensure in Alabama became more stringent, with a focus on education and experience requirements. The board was given the authority to administer the CPA exam and to set and enforce ethical and professional standards for CPAs in the state.
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.
Ethics Exam Requirement
The ethics requirement for CPA licensure in Alabama was created in 1984. It was one of the earliest states to introduce an ethics exam requirement for CPA licensure. The current fee for the ethics exam is $149