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State board discusses lowering accounting-credit requirements, seeks special meeting before Oct. 1
Summary
Members reviewed NASBA survey results showing other states reconsidering coursework credits, discussed removing Connecticut—s 36-credit accounting requirement and increasing regulatory flexibility, and agreed to convene a committee meeting and possibly a special board meeting ahead of Oct. 1.
The State Board of Accountancy discussed possible changes to licensure coursework requirements and next steps for drafting regulatory language, after a NASBA pulse survey showed many states are rethinking accounting- and business-course credit counts.
Board members said Connecticut currently requires 36 accounting credits and 30 business/economics credits under the new pathway, a higher threshold than many responding states, and discussed options to increase flexibility in course definitions.
Board member Tim (regulations committee lead) said the board asked the Department of Consumer Protection (DCP) to work with NASBA on a pulse survey of other states; 28 states responded. Tim said 11 of those 28 (about 40%) indicated they would revisit coursework definitions. He noted New York plans to…
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