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: HSB 177, SF 477, HF 778

Where it is now

  1. Done: IntroducedFebruary 18, 2025
  2. Done: SubcommitteeFebruary 18, 2025
  3. Done: Senate committeeFebruary 26, 2025
  4. Skipped: Passes the SenateContinued as SF 477
  5. Next: House committee
  6. Next: Passes the House
  7. Next: To the Governor
  8. Next: Signed into law

Became SF 477 → Its progress continues under the new number. Go to SF 477 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 paths to qualify. They could either complete 150 college credit hours and one year of work experience, or 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 gain experience 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

Senate subcommittee

Named February 18, 2025. On March 3, 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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