Makes various changes to the regulation of accountancy. (BDR 54-695)
What changed between versions
Eliminated statutory education and work experience requirements for CPA certification, moving authority to the Board to set these standards through regulations.
Added a new requirement that applicants must pass all examination sections prescribed by the Board to receive a CPA certificate.
Clarified that applicants are subject to educational requirements in effect when they pass the examination, regardless of later regulatory changes.
Removed the Board's authority to charge a fee for evaluating candidate experience.
Changed fee authority for fictitious name registration from a required Board regulation to discretionary Board fee-setting.
Clarified the Board's authority to establish examination credit terms and time limits for passing all sections.