Section R156-26a-302c - Qualifications for Licensure - ExaminationsThe examination requirements in Subsection 58-26a-306 are defines, clarified, or established as follows:
(1) In accordance with Subsection 58-26a-306(1)(a), the form of application approved by the Division shall be the application that CPA Examination Services ("CPAES") requires to sit for the AICPA Uniform CPA Examination.(2) In accordance with Subsection 58-26a-306(1)(b), the fee shall be the fee charged by CPAES. No additional fee shall be due to the Division.(3) In accordance with Subsection 58-26a-306(1)(c) and (d), the Board designates CPAES as the organization that shall determine whether an applicant has met the education requirements and is approved to sit for the AICPA examinations. However, if an applicant disputes CPAES's determination, the Board shall make the final determination.(4) In accordance with Subsection 58-26a-306(1)(c), the minimum 120 semester hours (180 quarter hours) of the education requirement that an applicant shall complete before sitting for the AICPA Uniform CPA Examination, shall include completion of at least the following requirements as described in Section R156-26a-302a: (a) 24 semester hours (36 quarter hours) in upper division or graduate level accounting courses covering the following subjects: (i) financial accounting;(iv) management accounting; and(b) 24 semester hours (36 quarter hours) in non-accounting business or related courses covering the following subjects: (vi) business statistics and quantitative methods;(vii) written and oral business-related communications; and(viii) business administration such as marketing, productions, management, policy or organizational behavior.(5) An applicant for licensure as a certified public accountant shall also pass: (a) the AICPA Examination of Professional Ethics for CPAs with a score of at least 90%; and(b) the Utah (CPA) Laws and Rules Examination with a score of at least 75%.(6) The Division in collaboration with the Board may accept testing of a person who holds a license as a certified public accountant or equivalent designation in a foreign country, if the applicant has obtained from NASBA verification of compliance with the terms of an agreement for reciprocal licensure between the foreign country and the International Qualifications Appraisal Board of NASBA, which agreement provides the applicant's examinations, education and experience is determined to be substantially equivalent to the Eighth Edition, January 2018 Uniform Accountancy Act licensure requirements or a version of the Uniform Accountancy Act having substantially equivalent requirements.Utah Admin. Code R156-26a-302c
Amended by Utah State Bulletin Number 2019-23, effective 11/7/2019