South Carolina Code of Regulations
Chapter 1 - DEPARTMENT OF LABOR, LICENSING AND REGULATION - BOARD OF ACCOUNTANCY
1-11 - Application for Licensure as an Accounting Practitioner.
1-11. Application for Licensure as an Accounting Practitioner.
A. To meet the educational qualifications for licensure as an accounting practitioner,
1. the applicant shall submit an official transcript signed by the college or university registrar and bearing the college or university seal to prove education and degree requirements; photocopies of transcripts will not be accepted; and
2. a major in accounting shall include at least twenty-four (24) semester hours, or equivalent in quarter hours, of credit in accounting courses. No more than three (3) semester hours in business law courses and three (3) semester hours in taxation courses may be counted as accounting courses; and
3. the Board shall accept a transcript from any college or university accredited by the Southern Association of Colleges and Schools and any other accrediting association having the equivalent standards.
B. To meet the examination requirement for licensure as an accounting practitioner, the applicant shall take sections of the Uniform Certified Public Accountant Examination prepared by the AICPA and receive a passing grade on the following subjects:
1. Financial Accounting and Reporting (FAR);
2. Regulations (REG).
HISTORY: Added by State Register Volume 31, Issue No. 5, eff May 25, 2007. Amended by SCSR 44-6 Doc. No. 4923, eff June 26, 2020.