Current through Reg. 49, No. 38; September 20, 2024
(a) An applicant shall meet the board's
accounting course requirements in one of the following ways:
(1) Hold a baccalaureate or higher degree
from a board-recognized institution of higher education as defined by §
511.52 of this chapter (relating
to Recognized Institutions of Higher Education) and present official
transcript(s) from board-recognized institution(s) that show degree credit for
no fewer than 21 semester credit hours of upper division accounting courses as
defined in subsections (e), (f) and (g) of this section; or
(2) Hold a baccalaureate or higher degree
from a board-recognized institution of higher education as defined by §
511.52 of this chapter, and after
obtaining the degree, complete the requisite 21 semester credit hours of upper
division accounting courses, as defined in subsections (e), (f) and (g) of this
section, from four-year degree granting institutions, or accredited community
colleges, provided that all such institutions are recognized by the board as
defined by §
511.52 or §
511.54 of this chapter (relating
to Recognized Texas Community Colleges).
(b) Credit for hours taken at
board-recognized institutions of higher education using the quarter system
shall be counted as 2/3 of a semester credit hour for each hour of credit
received under the quarter system.
(c) The board will accept no fewer than 21
semester credit hours of accounting courses from the courses listed in
subsections (e), (f) and (g) of this section. The hours from a course that has
been repeated will be counted only once toward the required 21 semester hours.
The courses must meet the board's standards by containing sufficient accounting
knowledge and application to be useful to candidates taking the UCPAE. A
board-recognized institution of higher education must have accepted the courses
for purposes of obtaining a baccalaureate or higher degree or its equivalent,
and they must be shown on an official transcript.
(d) Upper level accounting coursework
recognized by the board and in effect prior to January 1, 2024, may be found in
§
511.60 of this chapter (relating
to Qualified Accounting Courses Prior to January 1, 2024 to take the
UCPAE).
(e) Effective January 1,
2024, the subject-matter content should be derived from the UCPAE Blueprint. A
minimum of 12 semester hours with at least three semester hours in each of the
following accounting course content areas is required:
(1) financial accounting and reporting for
business organizations or intermediate accounting;
(2) financial statement auditing;
(3) taxation; and
(4) accounting information systems or
accounting data analytics.
(f) Effective January 1, 2024, a minimum of 9
hours in any of the following accounting course content areas is required:
(1) up to 6 semester credit hours of
additional financial accounting and reporting for business organizations or
intermediate accounting;
(2)
advanced accounting;
(3) accounting
theory;
(4) managerial or cost
accounting (excluding introductory level courses);
(5) auditing and attestation
services;
(6) internal accounting
control and risk assessment;
(7)
financial statement analysis;
(8)
accounting research and analysis;
(9) up to 9 semester credit hours of taxation
(including tax research and analysis);
(10) financial accounting and reporting for
governmental and/or other nonprofit entities;
(11) up to 9 semester credit hours of
accounting information systems, including management information systems
("MIS"), provided the MIS courses are listed or cross-listed as accounting
courses, and the institution of higher education accepts these courses as
satisfying the accounting course requirements for graduation with a degree in
accounting;
(12) up to 9 semester
credit hours of accounting data analytics, provided the institution of higher
education accepts these courses as satisfying the accounting course
requirements for graduation with a degree in accounting; business data
analytics may be considered provided the courses are listed or cross-listed as
accounting courses, and the institution of higher education accepts these
courses as satisfying the accounting course requirements for graduation with a
degree in accounting; (while data analytics tools may be taught in the courses,
application of the tools should be the primary objective of the
courses);
(13) fraud
examination;
(14) international
accounting and financial reporting;
(15) mergers and acquisitions;
(16) financial planning;
(17) at its discretion, the board may accept
up to three semester hours of credit of accounting course work with substantial
merit in the context of a career in public accounting, provided the course work
is predominantly accounting or auditing in nature but not included in
paragraphs (1) - (16) of this subsection. For any course submitted under this
provision, the Accounting Faculty Head or Chair must affirm to the board in
writing the course's merit and content; and
(18) at its discretion, the board may accept
up to three semester credit hours of independent study in accounting selected
or designed by the student under faculty supervision. The curriculum for the
course shall not repeat the curriculum of another accounting course that the
student has completed.
(g) The following types of introductory
courses do not meet the accounting course definition in subsections (e) and (f)
of this section:
(1) elementary
accounting;
(2) principles of
accounting;
(3) financial and
managerial accounting;
(4)
introductory accounting courses; and
(5) accounting software
courses.
(h) Any CPA
review course offered by an institution of higher education or a proprietary
organization shall not be used to meet the accounting course
definition.
(i) CPE courses shall
not be used to meet the accounting course definition.
(j) An ethics course required in §
511.58(d) of this
chapter (relating to Definitions of Related Business Subjects to take the
UCPAE) shall not be used to meet the accounting course definition in
subsections (e) and (f) of this section.
(k) Accounting courses completed through an
extension school of a board recognized educational institution may be accepted
by the board provided that the courses are accepted for a business
baccalaureate or higher degree conferred by that educational
institution.
(l) The board may
review the content of accounting courses and determine if they meet the
requirements of this section.
(m)
Credits awarded for coursework taken through the following organizations and
shown on a transcript from an institution of higher education may not be used
to meet the requirements of this chapter:
(1)
American College Education (ACE);
(2) Prior Learning Assessment
(PLA);
(3) Defense Activity for
Non-Traditional Education Support (DANTES);
(4) Defense Subject Standardized Test (DSST);
and
(5)
Straighterline.
