Bills › 91st General Assembly

Relating to qualifications for a certificate as a certified public accountant and including effective date provisions

Topics:Business & economyProfessional licensing

Same legislation: SSB 1141, SF 477, HF 778

Where it is now

  1. Done: IntroducedFebruary 13, 2025
  2. Done: SubcommitteeFebruary 13, 2025
  3. Done: House committeeFebruary 26, 2025
  4. Skipped: Passes the HouseContinued as HF 778
  5. Next: Senate committee
  6. Next: Passes the Senate
  7. Next: To the Governor
  8. Next: Signed into law

Became HF 778 → Its progress continues under the new number. Go to HF 778 What’s a funnel?

What’s in it

AI summary People who want to become certified public accountants (CPAs) in Iowa would have two different ways to qualify. They could either finish 150 college credit hours and one year of work experience, or finish 120 credit hours and two years of work experience. In both cases, applicants must earn a college degree in accounting or a similar subject and complete work in fields like tax, consulting, or financial advice.1

Read the official explanation

This bill relates to the qualifications for a certificate as a certified public accountant and the practice of public accounting, and includes effective date provisions. Under the bill, an applicant for initial issuance of a certificate as a certified public accountant (CPA) shall have completed at least 150 semester hours of college education, a degree, and no less than one year of experience, or shall have completed at least 120 semester hours of college education, a degree, and no less than two years of experience. A degree required by the bill must be at least a baccalaureate degree and be conferred by a college or university recognized by the board, and the degree program must include a concentration in accounting or another area of study that the board determines to be substantially equivalent. The experience required by the bill shall include providing any type of service or advice involving the use of accounting, attest, compilation, management advisory, financial advisory, tax, or consulting, as verified by an applicant, that meets the requirements prescribed by the board by rule. The experience may be in the government, industry, academia, or public sector.

Full bill text · What changed before it passed2

House subcommittee

Named February 13, 2025. On February 25, 2025 it recommended passage.

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Iowa Code it changes

Amends§542.19§542.20§542.5

How the Code works3

Lobbying

2 for · 0 against · 2 undecided · Who →

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