150-Hour Rule
The 150-hour rule requires CPA candidates to complete 150 semester hours of college education, typically 30 hours beyond a standard bachelor's degree, to qualify for CPA licensure.
Explanation
The extra 30 hours can be completed through a master's degree, additional undergraduate courses, or a combination. The requirement exists because the accounting profession believes a four-year degree alone does not provide sufficient breadth and depth of knowledge. Some states are reconsidering the rule due to its impact on the pipeline of accounting graduates. The extra hours do not need to be in accounting — they can include business, liberal arts, or other disciplines, though many states have specific accounting hour requirements within the 150.
Key Points
- •150 semester hours total — typically a bachelor's degree plus 30 additional hours
- •Extra hours can come from a master's degree or additional coursework
- •Some states are exploring alternatives due to pipeline concerns
Exam Tip
Plan your 150 hours early — a 5-year program or combined bachelor's/master's is the most efficient path for most candidates.
Frequently Asked Questions
Related Topics
CPA Eligibility Requirements
CPA eligibility requirements vary by state but generally include 150 semester hours of education, a bachelor's degree, and specific accounting and business coursework.
CPA Exam Overview
The Uniform CPA Examination is a professional licensure exam administered by NASBA and the AICPA that tests the knowledge and skills required to practice as a Certified Public Accountant.
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