Last Sunday Gov. Schwarzenegger signed SB 819. This bill will change the college education requirement for all California CPAs licensed after 2014. It will ensure that the CA CPA License is “equivalent” to other states’ CPA licenses.
The passage of these “equivalent” requirements has been long anticipated. Paul Regan, Chairman of Hemming Morse, has worked on the effort substantially and is currently the chair of the Government Relations Committee which helped ensure the passage of SB 819.
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