Leaders from the six largest CPA societies have stepped up to clarify misconceptions about proposed changes to CPA licensure requirements.

In a coauthored article, they addressed confusion surrounding the 150-credit rule, which has become a focal point in the profession’s ongoing efforts to combat the accountant shortage. 

Representatives from Illinois, Pennsylvania, California, New York, Texas and Florida CPA societies emphasized that the 150-hour requirement is not being eliminated, nor are licensure standards being lowered. Instead, they advocate for alternative pathways that maintain high professional standards while offering more flexibility for aspiring CPAs. 

“Change can be challenging, but it is also necessary,” the article stated. “The CPA profession has always evolved to meet the needs of the business world, and this latest step ensures that future CPAs will be well-equipped for success.”

They also stressed that licensure mobility—the ability for CPAs to work across state lines—remains a key focus in any proposed changes. 

Separately, the American Institute of CPAs reported that its 2024 Accounting Opportunities Experience reached over 40,000 students nationwide. With help from 1,200 CPA volunteers across 44 state societies, the initiative aims to break down stereotypes and inspire future accountants. Christin Hunter from AICPA noted that these efforts are crucial for attracting young talent to a profession with strong career potential and impact.