Accounting Courses – Prior to January 1, 2024
The Board requires that an applicant complete 30 semester hours or quarter hour equivalents of upper-level accounting courses. The courses may be completed in one of the following ways.
- Hold a baccalaureate or higher degree from a Board-recognized institution of higher education as defined in511.52 and present a valid transcript from that institution that shows degree credit for not fewer than 30 semester hours of upper division accounting courses as defined.
- Hold a baccalaureate or higher degree from a Board-recognized institution of higher education as defined in511.52, and after obtaining the degree, complete the requisite 30 semester hours of upper division accounting courses from four–year degree–granting institutions or accredited community colleges, provided that all such institutions are recognized by the Board and that the accounting programs offered at the community colleges have been reviewed and accepted by the Board.
The Board will accept at least 30 passing semester credit hours of accounting courses without repeat from the courses listed below. The courses must meet the Board's standards by containing sufficient business knowledge and application to be useful to candidates taking the CPA Examination. A Board-recognized educational institution must have accepted the courses for purposes of awarding a baccalaureate degree or its equivalent, and they must be shown on an official transcript. The subject matter content should be derived from the Uniform CPA Examination Blueprints and cover some or all of the following courses.
Accounting courses that are recognized by the Board.
(1) financial accounting and reporting for business organizations that may include:
(A) intermediate accounting (not to exceed 9 semester hours)
(B) advanced accounting
(C) accounting theory
(2) managerial or cost accounting (excluding introductory level courses)
(3) auditing and attestation services
(4) internal accounting control and risk assessment
(5) financial statement analysis
(6) accounting research and analysis
(7) up to 12 semester hours of taxation, (including tax research and analysis)
(8) financial accounting and reporting for governmental and/or other nonprofit entities
(9) up to 12 semester hours of accounting information systems, including management information systems ("MIS"), provided the MIS courses are listed or cross-listed as accounting courses, and the college or university accepts these courses as satisfying the accounting course requirements for graduation with a degree in accounting
(10) up to 12 semester credit hours of accounting data analytics, provided the institution of higher education accepts these courses as satisfying the accounting course requirements for graduation with a degree in accounting (while data analytics tools may be taught in the courses, application of the tools should be the primary objective of the courses)
(11) fraud examination
(12) international accounting and financial reporting
(13) an accounting internship program (not to exceed 3 semester hours)
The Board requires that a minimum of 2 semester credit hours in upper-level accounting or tax research and analysis relevant to the course content described in subsection (6) or (7) be completed. The semester hours may be obtained through a discrete (stand-alone) course or offered through an integrated approach and use online authoritative accounting literature in the course(s). If the course content is offered through integration, the university must advise the board of the course(s) that contain the research and analysis content.
Accounting courses that are not recognized by the Board.
(1) elementary accounting
(2) principles of accounting
(3) financial and managerial accounting
(4) introductory accounting courses
(5) accounting software courses
(6) any CPA review course offered by an educational institution or a proprietary organization
(7) CPE courses
(8) ethics courses
(9) accounting courses completed through an extension school of a board recognized educational institution may be accepted by the board provided that the courses are accepted for a business baccalaureate or higher degree conferred by that educational institution
Specific requirements for the accounting internship program:
- The accounting knowledge gained in the internship is equal to or greater than the knowledge gained in a traditional accounting classroom setting.
- The internship course shall not be taken until a minimum of 12 semester hours of upper division accounting course work has been completed.
- The internship plan is approved in advance by the faculty coordinator.
- Provides the faculty coordinator and the student with the objectives to be met during the internship.
- Provides a significant accounting work experience with adequate training and supervision of the work performed by the student.
- Provides an evaluation of the student at the conclusion of the internship, a letter describing the duties performed and the supervision to the student, and a copy of the documentation provided to the faculty coordinator and the student.
- Keeps a diary comprising a chronological list of all work experience gained in the internship.
- Writes a paper demonstrating the knowledge gained in the internship.
- Provides documents with the Application of Intent evidencing that the requirements have been met.