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Accountancy board rule changes adopted; several fees reduced under new schedule
Summary
The committee approved updates from the Idaho State Board of Accountancy (docket 24‑301‑2401), aligning exam timing with national standards and reducing several fees following a 0‑based review.
Boise — The Senate Commerce and Human Resources Committee approved a set of pending rule changes from the Idaho State Board of Accountancy (docket 24‑301‑2401) that update examination timeframes, allow credit‑extension requests for good cause, and reduce several fees.
Cecily Metcalfe, executive officer for the board, said the board updated its incorporated continuing education standards to the 2024 version, extended the time candidates have to pass all parts of the CPA exam from 18 to 30 months to align with national standards, and added language permitting the board to consider exam credit extensions for good cause.
Under changes consistent with 2024 legislation requiring boards to maintain a cash balance target, the board reduced a number of fees: exam application fees were cut by 50%, inactive and retired renewal fees by 75%, the transfer‑of‑grades fee by 57%, and the duplicate wall‑certificate fee was eliminated. The board also clarified renewal fees for a biannual licensing cycle.
Senator Nichols moved and Senator Ward Engleking seconded approval; the committee voted by voice and approved the docket as final.
