New Jersey has formally expanded its CPA licensure framework, adding a new pathway aimed at widening access to the profession while preserving existing standards. According to Accounting Today, on Jan. 12, Governor Phil Murphy signed legislation that allows CPA candidates to qualify with a bachelor’s degree, two years of relevant experience, and a passing score on the CPA Exam, alongside the traditional 150-credit-hour route. The law takes effect Feb. 11, 2026, and also strengthens practice mobility by allowing CPAs licensed in other states to practice in New Jersey. 

The bill was developed with support from the New Jersey Society of CPAs and passed unanimously in both chambers of the Legislature, reflecting broad agreement on the need to address persistent talent shortages in accounting. More than 20 states have now adopted similar alternative pathways as part of broader efforts to stabilize the profession’s pipeline. 

“We could not be more pleased with Governor Murphy’s signing of the additional CPA pathway bill,” said NJCPA CEO and executive director Aiysha Johnson, noting that the measure responds to ongoing workforce challenges while maintaining rigorous licensure requirements. She added that accounting enrollments are trending higher at some institutions and that the additional pathway “will cast a wider net of options” for prospective CPAs.

The legislation also drew support from a wide range of business and industry groups, such as The African American Chamber of Commerce of New Jersey, the Chamber of Commerce Southern New Jersey, and the Commerce & Industry Association of New Jersey.