2005 Vermont Code - § 71a. — Certified public accountant licenses

§ 71a. Certified public accountant licenses

(a) A license as a "certified public accountant" shall be granted by the board to any person:

(1) who is of good character;

(2) who completes:

(A)(i) 60 or more semester hours of college credit at a college or university recognized by the board, including a minimum of 30 semester hours of accounting, auditing and related subjects as the board determines to be appropriate, and four years of experience in public accounting, meeting the requirements prescribed by board rule or other experience or employment which the board in its discretion considers substantially equivalent; or

(ii) 120 or more semester hours of college credit at a college or university recognized by the board, including a minimum of 30 semester hours of accounting, auditing and related subjects as the board determines to be appropriate, and two years of experience in public accounting, meeting the requirements prescribed by board rule or other experience or employment which the board in its discretion considers substantially equivalent; or

(iii) 150 or more semester hours of college credit at a college or university recognized by the board, including a minimum of 42 semester hours of accounting, auditing and related subjects as the board determines to be appropriate, and one year of experience in public accounting, meeting the requirements prescribed by board rule or other experience or employment which the board in its discretion considers substantially equivalent; and

(B) who has passed the examination required under subsection (b) of this section.

(b) The board shall use the uniform certified public accountants' examination and advisory grading service of the American Institute of Certified Public Accountants to assist it. (Added 1997, No. 145 (Adj. Sess.), § 7; 2001, No. 129 (Adj. Sess.), § 9; eff. June 13, 2002.)