Current through Bulletin 2024-24, December 15, 2024
(1) Under Subsection 58-26a-302(1)(c), an
applicant shall submit transcripts showing completion of course work consisting
of a minimum of 150 semester hours or 225 quarter hours, and one of the
following:
(a) a graduate degree in accounting
or taxation from a nationally accredited education program;
(b) a Master of Business Administration
degree from a nationally accredited education program that includes no less
than:
(i) 24 semester hours or 36 quarter
hours in upper-division or graduate-level accounting courses covering at least
one course in each of the following subjects, with one hour of credit counted
for one hour of upper-division course work, and 1.6 hours of credit counted for
one hour of graduate-level course work:
(A)
financial accounting;
(D) managerial or cost accounting;
(E) accounting information systems or data
analytics; or
(ii) 12
semester hours or 18 quarter hours in graduate-level accounting courses
covering the following subjects:
(A) financial
accounting;
(D) managerial or cost accounting;
and
(E) accounting information
systems or data analytics;
(c) a baccalaureate degree in business or accounting
from a nationally accredited education program that includes no less than:
(i) 24 semester hours or 36 quarter hours in
non-duplicative upper-division or graduate-level accounting courses covering at
least one course in each of the following subjects, with one hour of credit
counted for one hour of upper-division course work and 1.6 hours of credit
counted for one hour of graduate-level course work:
(A) financial accounting;
(D) managerial or cost accounting;
and
(E) accounting information
systems or data analytics; and
(ii) 30 additional semester hours or 45
quarter hours in upper-division or graduate-level accounting and business
courses, with one hour of credit counted for one hour of upper-division course
work, and 1.6 hours of credit counted for one hour of graduate-level course
work; or
(d) a
baccalaureate or graduate degree from a regionally accredited education program
that includes no less than:
(i) 24 semester
hours or 36 quarter hours in non-duplicative upper-division or graduate-level
accounting courses, with a minimum of two semester hours or three quarter hours
in each of the following subjects, and with one hour of credit counted for one
hour of upper-division course work and 1.6 hours of credit for one hour of
graduate-level course work:
(A) financial
accounting;
(D) managerial or cost accounting;
and
(E) accounting information
systems or data analytics; and
(ii) 24 semester hours or 36 quarter hours in
non-accounting business or related courses with a minimum of two semester hours
or three quarter hours in each of the following subjects:
(F) statistics or quantitative
methods;
(G) written and oral
business communications; and
(H)
business administration such as marketing, operations, management, policy, or
organizational behavior; and
(iii) 30 additional semester hours or 45
quarter hours in upper-division or graduate-level accounting and business
courses, with one hour of credit counted for one hour of upper-division course
work, and 1.6 hours of credit for one hour of graduate-level course
work.
(2) The
Division in collaboration with the Board or the Education Advisory Committee
may accept a baccalaureate degree in business or accounting from an education
program that is not nationally accredited or regionally accredited if the
applicant:
(a)
(i) has obtained a graduate degree in
accounting or taxation or a Master of Business Administration from a nationally
accredited education program; and
(ii) meets the requirements in Subsection
R156-26a-302a(1)(b)(i) or (ii); or
(b)
(i) has
obtained a graduate degree in accounting, taxation, or a Master of Business
Administration from a regionally accredited education program; and
(ii) meets the requirements in Subsection
R156-26a-302a(1)(d).
(3) The Division in collaboration with the
Board or the Education Advisory Committee may make a written finding for cause
that a particular accredited institution or program is not
acceptable.
(4) The Division in
collaboration with the Board or the Education Advisory Committee may accept
education of a person who is or has been licensed as a certified public
accountant or equivalent designation in a jurisdiction outside of the United
States, if the applicant has obtained from NASBA verification of compliance
with the terms of a current Mutual Recognition Agreement between that
jurisdiction and the International Qualifications Appraisal Board of
NASBA.
