California Explores Relaxing CPA Education Rules
Talking Tax29 Okt 2024

California Explores Relaxing CPA Education Rules

California regulators are prepared to walk away from strict licensing rules that require accountants to earn the equivalent of five years of college to qualify. The California Board of Accountancy has proposed reforms that would grant the certified public accountant license to candidates with a traditional bachelor’s degree plus two years of work experience in addition to passing the CPA exam. The proposal would unwind current rules that call for 150 hours of college credits to qualify—a requirement that is seen as a barrier to entering the profession. Instead, the board's draft legislation would strip the specific number of college credits from its rulebook to focus on the degree earned or the candidate’s coursework. State lawmakers would have to approve any changes. Bloomberg Tax senior reporter Amanda Iacone spoke with Dominic Franzella, the executive officer of the state accountancy board, about how California's proposal matches up against related reforms the American Institute of CPAs introduced in September and whether the state’s plans could help address the shrinking pipeline of future accountants. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

Episoder(431)

The Over/Under: Sports Betting Reaches Capitol Hill

The Over/Under: Sports Betting Reaches Capitol Hill

In the second episode of The Over/Under, Bloomberg Tax’s Ryan Prete heads into a House Judiciary Subcommittee hearing on sports betting and discusses how lawmakers felt about regulation thereafter. ...

14 Des 201814min

CAQ’s Fornelli on Audit Oversight, Trends, U.K. Debate

CAQ’s Fornelli on Audit Oversight, Trends, U.K. Debate

The Center for Audit Quality is working on a quality indicator framework that could be used to compare accounting firms' performance. Setting quality metrics has long been discussed but until recent...

12 Des 201830min

Retirement Plan Provisions That Could Finally Make Their Way Through Congress

Retirement Plan Provisions That Could Finally Make Their Way Through Congress

Michael Hadley and Adam McMahon of Davis & Harman join Andrea L. Ben-Yosef to talk about the key provisions in the Family Savings Act, how it was influenced by RESA, and its prospects for enactment af...

7 Des 201817min

A Conversation With Halliburton’s Myrtle Jones

A Conversation With Halliburton’s Myrtle Jones

Halliburton Co. is consulting with numerous external advisers to help understand the 2017 tax overhaul, especially provisions for which the IRS hasn’t issued final rules. The law cut Halliburton’s eff...

5 Des 201816min

Tax Bill Prospects Clouded by Tight Calendar

Tax Bill Prospects Clouded by Tight Calendar

Lawmakers have just a few weeks to pass a year-end tax package, amid a calendar shortened by observances honoring the late former president, George H.W. Bush. Bloomberg Tax’s Kaustuv Basu and Allyson ...

3 Des 20187min

Partnership Audit Regulations: Where Do We Stand Now? (Part I)

Partnership Audit Regulations: Where Do We Stand Now? (Part I)

Kate Kraus joins Andrea L. Ben-Yosef to talk about the partnership audit regulations. Kate recently joined Allen Matkins as a tax partner in the firm’s Los Angeles office. There have been several ro...

27 Nov 201816min

Grassley Takes Back the Gavel at Senate Finance

Grassley Takes Back the Gavel at Senate Finance

Senator Chuck Grassley (R-Iowa) will retake the helm at the Senate Finance Committee next Congress, succeeding current Chairman Orrin Hatch (R-Utah), who’s retiring. Under Grassley’s leadership—he led...

20 Nov 20188min

The Over/Under: Sports Betting in America

The Over/Under: Sports Betting in America

In the first episode of The Over/Under, Bloomberg Tax’s Ryan Prete explains the history of outlawed sports betting in America and the U.S. Supreme Court’s recent reversal of the ban. Prete sits down...

9 Nov 201812min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
stopp-verden
forklart
aftenpodden-usa
i-retten
lydartikler-fra-aftenposten
popradet
det-store-bildet
rss-gukild-johaug
dine-penger-pengeradet
rss-ness
fotballpodden-2
hanna-de-heldige
aftenbla-bla
nokon-ma-ga
grasoner-den-nye-kalde-krigen
frokostshowet-pa-p5
e24-podden
rss-penger-polser-og-politikk