Committee advances bill to ease CPA education requirement, add experience year
The committee released Assembly Bill 5598 as amended, which would lower the 150‑credit requirement for CPA licensure to a bachelor’s degree and require two years’ supervised experience; supporters said the change is aimed at addressing a multi‑year shortage of certified public accountants.
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Assembly members advanced Assembly Bill 5598 as amended, a measure that would change education and experience requirements for certified public accountants in New Jersey. The bill would allow candidates with a bachelor’s degree to sit for the CPA exam and require two years of supervised experience instead of the current one‑year-plus‑30‑credits model.
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