AICPA & NASBA Propose New Competency-Based Pathway for CPA Licensure: Share Your Feedback by December 6

The AICPA and NASBA recently proposed an initiative aimed at helping CPA candidates meet initial licensure requirements. This additional option would not replace existing pathways to licensure, but instead respond to market changes and expand opportunities for the next generation of accountants. 

Under the “CPA Competency-Based Experience Pathway,” CPA candidates could meet initial licensing requirements by exhibiting their competency in specific professional and technical areas. For example, professional competencies include ethical behavior, critical thinking skills, and effective communication. Technical competencies include options in audit and assurance, tax, and financial reporting. These candidates would still be required to earn a bachelor’s degree, complete one year of general experience, and pass the CPA Exam. 

The draft pathway is still in development and requires further evaluation and input from across the profession. 

We encourage our members to provide feedback on the initiative before the deadline on December 6, 2024. 

Member opinions are vital to ensuring this pathway reflects the realities of evolving practice and changes at the state level. 

Learn more on the AICPA's website.