AB 1175: Accountants.

The bill proposes changes to the licensing and regulation of certified public accountants in California. The bill would enact an alternative set of qualifications and requirements for licensure, which includes a requirement to complete an accounting concentration of courses from a board-recognized institution of higher education. This alternative set of requirements would be available until January 1, 2029, after which the existing law provisions would be repealed. The bill would also authorize the board to issue a certified public accountant license to an applicant who holds a comparable license from another state. Additionally, the bill would require the board to consider comparable licensure requirements when determining whether to allow an individual to practice under a practice privilege. The bill would also make changes to the requirements for signing reports on attest engagements…