Reforms the education requirements for persons who want to become certified public accountants
What changed between versions
Education requirements were simplified to focus on bachelor's degrees or foreign equivalents from registered or comparable accountancy programs, removing specific curriculum hour language.
Experience requirements were clarified to require 2 years for standard applicants or 1 year for those with advanced education, with clearer definitions of full-time versus part-time work.
New provisions allow out-of-state licensed CPAs to practice in New York if they meet education, experience, and examination requirements and maintain good standing in their home state.
Out-of-state CPAs practicing in New York must work through firms that are registered in New York or hold valid licenses in other states.
Bill number was updated from S6891-A to S6891-B, indicating this is a revised version after amendments.
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