Washington, D.C. Mayor Muriel Bowser signed a bill to establish an alternative path to CPA licensure.
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The bill will create a third pathway, allowing CPA candidates to apply for licensure with a bachelor's degree, two years of experience and passage of the CPA exam. The legislation must now undergo a 30-day congressional review. As long as there is no opposition, the new licensing requirements will become law after this period.
Washington, D.C. Mayor Muriel Bowser
Kent Nishimura/Bloomberg
This is part of the nearly complete nationwide movement to address the profession's talent shortage and make obtaining a CPA license more accessible by overhauling state laws. Only a few U.S. states and territories remain to formalize changes.
Paige Hagy is a reporter at Accounting Today based in Brooklyn, New York. She was previously a breaking news reporter at Fortune Magazine. Prior, she... Read full bio
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Washington, D.C. Mayor Muriel Bowser signed a bill to establish an alternative path to CPA licensure. The legislation must now undergo a 30-day congressional review, after which it will become law.
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