CPA Exam
Senate Bill Would Require Master's Degree for CPA Licensure
Sen. Toby Ann Stavisky (D-Queens), the senator who cosponsored the accountancy reform bill in the state Senate last year, has introduced new legislation that would require a master's degree as a minimum education requirement for CPA licensure.
In her memorandum of support for the bill (S5835), Stavisky says it is necessary for CPAs to hold a master's degree because the CPA profession is evolving, which will require CPAs to be "as comprehensively trained as possible to deal with all the nuances of their professional responsibilities."
Test Question: Does CPA Exam Cost Too Much?
Is the $1,279 cost to take the CPA exam in New York too high?
Some members of the New York State Board for Public Accountancy are looking at ways to lower the cost.


