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STATE OF OKLAHOMA
1st Session of the 59th Legislature (2023)
SENATE BILL 171 By: Dugger
AS INTRODUCED
An Act relating to accounting; amending 59 O.S. 2021,
Section 15.8, as amended by Sect ion 3, Chapter 26,
O.S.L. 2022 (59 O.S. Supp. 2022, Section 15.8), which
relates to qualifications for application; decreasing
required semester hours for certificat ion; removing
requirement for elective hours; and providing an
effective date.
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHO MA:
SECTION 1. AMENDATORY 59 O.S. 2021, Section 15.8, as
amended by Section 3, Chapter 26, O.S.L. 2022 (59 O.S. Supp. 2022,
Section 15.8), is amended to read as follows:
Section 15.8. A. A qualification applicant to qualify as a
candidate for examination shall file an application for
qualification in a format ap proved by the Oklahoma Accountancy
Board. The fee for the qualification application shall be
determined by the Boar d and shall not exceed Three Hundred Dolla rs
($300.00). Every qualification applicant to qualify as a candidate
for the certificate of cert ified public accountant shall submit to a
national criminal history record search, m ust be a resident of this
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state immediately prior to making application and, except as
otherwise provided in this section, shall meet the ed ucation and
experience requirements pr ovided in this section. The costs
associated with the national criminal histo ry records search shall
be paid by the applicant.
B. On or after July 1, 2003 the effective date of this act,
every qualification applicant to qualify as a candidate for
examination for the certificate o f certified public accountant shall
have at least one hundred fifty (150) one hundred twenty (120)
semester hours, or the equivalent thereo f, of college education
including a baccalau reate or higher degree, or the equivalent
thereof, conferred by a college or university acceptable to the
Board from an accred ited four-year college or universit y in this
state or any other accredited four -year college or university
recognized by the Board. A minimum of seventy -six (76) semester
hours must be earned at the upper -division level of college or above
or the equivalent thereof as determined by the Boa rd; this education
requirement shall have been comp leted prior to submitting an
application to the Board; the The total educational program of the
applicant for examination shall include an accounting concentration
or its equivalent as determined acceptabl e by the Board which shall
include not less than thirty (30) twenty-four (24) semester hours,
or the equivalent thereof, in accounting courses above principles of
accounting or introductory accounting, with at least one course in
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auditing or assurance; the remaining accounting courses s hall be
selected from financial accounting, ac counting theory,
cost/managerial accounting, federal income tax, governmental, not-
for-profit accounting, accounting information systems, accounting
history and other accounting electives; at least nine (9) sem ester
hours shall be from any or all of the su bjects of economics,
statistics, business law, finance, business management, marketing,
business communication, risk management, insurance, management
information systems, or computer science at the upper -division level
of college or above or the equivalen t of such subjects as det ermined
by the Board; all the remaining semester hours, if any, shall be
elective but shall be at the upper -division level of college or
above.
C. The costs associated with the nat ional criminal history
record check shall be pa id by the applicant.
SECTION 2. This act shall become effective November 1, 2023.
59-1-1263 MR 1/5/2023 4:23:28 PM