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Licensing Update

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The California Board of Accountancy's Committee on Professional Conduct recommended that the CBA consider requiring all California CPA candidates to complete a minimum number of attest hours prior to licensing. A majority of states have adopted the general experience requirement described in the Uniform Accountancy Act rather than retain an attest experience requirement. The CBA's Qualifications Committee also is recommending that the attest experience requirement be changed. Its initial recommendations include increasing the minimum number of attest hours from 500 to 1,000 and disallowing compilations. The committee also is asking that the requirement be reviewed to determine whether or not SOX compliance work should be allowed for qualifying experience.

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