RELATING TO CERTIFIED PUBLIC ACCOUNTANTS.

Reduced the standard educational requirement from 30 additional semester hours to 18 semester hours of upper division accounting or auditing subjects.

Modified experience requirements to clarify that additional professional experience must be in public accountancy practice and cannot be counted toward other experience requirements.

Repealed Section 466-5.5, which contained outdated educational requirements effective December 31, 2000.

Added an alternative pathway allowing applicants to substitute 30 additional months of professional experience in public accounting practice for the 30 semester hours of additional education.

Added exemptions for applicants holding current Hawaii CPA licenses or valid out-of-state CPA licenses held for at least 10 years with 5 years of active practice.