Section R156-26a-302a - Qualifications for CPA Licensure - Education Requirements(1) Under Subsection 58-26a-302(1)(c), an applicant shall submit transcripts showing completion of course work consisting of a minimum of 150 semester hours or 225 quarter hours, and one of the following:(a) a graduate degree in accounting or taxation from a nationally accredited education program;(b) a Master of Business Administration degree from a nationally accredited education program that includes no less than:(i) 24 semester hours or 36 quarter hours in upper-division or graduate-level accounting courses covering at least one course in each of the following subjects, with one hour of credit counted for one hour of upper-division course work, and 1.6 hours of credit counted for one hour of graduate-level course work:(A) financial accounting;(D) managerial or cost accounting;(E) accounting information systems or data analytics; or(ii) 12 semester hours or 18 quarter hours in graduate-level accounting courses covering the following subjects:(A) financial accounting;(D) managerial or cost accounting; and(E) accounting information systems or data analytics;(c) a baccalaureate degree in business or accounting from a nationally accredited education program that includes no less than: (i) 24 semester hours or 36 quarter hours in non-duplicative upper-division or graduate-level accounting courses covering at least one course in each of the following subjects, with one hour of credit counted for one hour of upper-division course work and 1.6 hours of credit counted for one hour of graduate-level course work: (A) financial accounting;(D) managerial or cost accounting; and(E) accounting information systems or data analytics; and(ii) 30 additional semester hours or 45 quarter hours in upper-division or graduate-level accounting and business courses, with one hour of credit counted for one hour of upper-division course work, and 1.6 hours of credit counted for one hour of graduate-level course work; or(d) a baccalaureate or graduate degree from a regionally accredited education program that includes no less than:(i) 24 semester hours or 36 quarter hours in non-duplicative upper-division or graduate-level accounting courses, with a minimum of two semester hours or three quarter hours in each of the following subjects, and with one hour of credit counted for one hour of upper-division course work and 1.6 hours of credit for one hour of graduate-level course work:(A) financial accounting;(D) managerial or cost accounting; and(E) accounting information systems or data analytics; and(ii) 24 semester hours or 36 quarter hours in non-accounting business or related courses with a minimum of two semester hours or three quarter hours in each of the following subjects: (F) statistics or quantitative methods;(G) written and oral business communications; and(H) business administration such as marketing, operations, management, policy, or organizational behavior; and(iii) 30 additional semester hours or 45 quarter hours in upper-division or graduate-level accounting and business courses, with one hour of credit counted for one hour of upper-division course work, and 1.6 hours of credit for one hour of graduate-level course work.(2) The Division in collaboration with the Board or the Education Advisory Committee may accept a baccalaureate degree in business or accounting from an education program that is not nationally accredited or regionally accredited if the applicant:(a)(i) has obtained a graduate degree in accounting or taxation or a Master of Business Administration from a nationally accredited education program; and(ii) meets the requirements in Subsection R156-26a-302a(1)(b)(i) or (ii); or(b)(i) has obtained a graduate degree in accounting, taxation, or a Master of Business Administration from a regionally accredited education program; and(ii) meets the requirements in Subsection R156-26a-302a(1)(d).(3) The Division in collaboration with the Board or the Education Advisory Committee may make a written finding for cause that a particular accredited institution or program is not acceptable.(4) The Division in collaboration with the Board or the Education Advisory Committee may accept education of a person who is or has been licensed as a certified public accountant or equivalent designation in a jurisdiction outside of the United States, if the applicant has obtained from NASBA verification of compliance with the terms of a current Mutual Recognition Agreement between that jurisdiction and the International Qualifications Appraisal Board of NASBA.Utah Admin. Code R156-26a-302a
Amended by Utah State Bulletin Number 2016-5, effective 2/11/2016Amended by Utah State Bulletin Number 2019-23, effective 11/7/2019Amended by Utah State Bulletin Number 2024-15, effective 7/29/2024