Educational Requirement Question

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  • #186911
    KTBECPA
    Participant

    Hello..Educational requirement: It states minimum of bachelors degree and 150 hours. I have Masters and post- bacc. I am at 149 hours:-))) But going through FAQ list on AICPA.org, I got the understanding that if you have Masters you don’t have to worry about 150 hour rule. Is that right? I am in Oregon, however I assume that 150 hour rule is the same in all of the states that require a minimum of bachelors and 150 hours. Help, please…

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  • #580778
    GoVPI
    Participant

    I never saw that rule. Oregon is listed as one that has to have 150 to be licensed regardless if it was a bachelors and an additional 30 hours from something like a masters or 2nd bachelors degree.

    How to Meet the 150-Hour Requirement

    Many colleges and universities offer bachelor's and master's degree programs in accounting. To obtain 150 semester hours of education, students do not necessarily have to get a master's degree. They can meet the requirement at the undergraduate level or get a bachelor's degree and take some courses at the graduate level. Students can also choose any of the following:

    Combine an undergraduate accounting degree with a master's degree at the same school or at a different one;

    Combine an undergraduate degree in some other discipline with a master's in accounting or an MBA with a concentration in accounting;

    Enroll in an integrated five-year professional accounting school or program leading to a master's degree in accounting.

    BEC - Passed

    AUD - 74 🙁

    REG - TBD

    FAR - TBD

    BEC 8/14/14 - Passed
    Graduated from college 12/13/14
    AUD 8/31/15 - 74. Retake - Passed
    REG
    FAR

    #580779
    GoVPI
    Participant

    150 hour rule was adopted for :

    Oregon   1/1/2000

    BEC - Passed

    AUD - 74 🙁

    REG - TBD

    FAR - TBD

    BEC 8/14/14 - Passed
    Graduated from college 12/13/14
    AUD 8/31/15 - 74. Retake - Passed
    REG
    FAR

    #580780
    mla1169
    Participant

    Not familiar with Oregon but usually the 150 hr requirement is firm, meaning you're going to need to find another credit somehow.

    FAR- 77
    AUD -49, 71, 84
    REG -56,75!
    BEC -75

    Massachusetts CPA (non reporting) since 3/12.

    #580781
    JamesBJames
    Participant

    You can always take a one credit hour class in something you enjoy, if it turns out you do need the 150 hours. If you want to skydive, now's the time.

    FAR: May 1st, 2014 - 91
    AUD: May 29th, 2014 - 97!
    BEC: July 16th, 2014 - 91
    REG: August 29th, 2014 - 88

    Licensed December 2015

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    #580782
    Anonymous
    Inactive

    If you only need one credit then find a super easy class and challenge it. You won't have to pay the full tuition price and you can be done with it in a matter of weeks rather than months!

    #580783
    GoVPI
    Participant

    You could even take a CPR class or something at a community college that is on a Saturday from 9-5, as long as you pass, you get the credit. My brother did that and got certified! It was a win win

    BEC - Passed

    AUD - 74 🙁

    REG - TBD

    FAR - TBD

    BEC 8/14/14 - Passed
    Graduated from college 12/13/14
    AUD 8/31/15 - 74. Retake - Passed
    REG
    FAR

    #580784
    KTBECPA
    Participant

    The question is do I have to worry at all about 150 hour rule with MS?

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