Last summer, the Virginia Board of Accountancy (BOA) announced its intention to reduce the number of credit hours required to sit for the CPA Exam in Virginia. This week, the reduction became a reality.
Whereas candidates used to need 150 hours to sit for the Exam in Virginia, they may now sit with 120 semester hours. However, candidates still need 150 hours to apply for a CPA license in the Commonwealth. The VSCPA highly recommends that all prospective CPAs attain 150 hours of education so they may obtain licenses pending passage of the CPA Exam.Gov. Tim Kaine signed emergency regulations, putting the new rule in effect as of May 14, 2009.
Read a full article on this topic at www.vscpa.com.
If you need additional help, contact VSCPA Government Affairs Director Emily Walker at (804) 612-9428, contact the BOA directly at (804) 367-8505 or visit the BOA website at www.boa.virginia.gov.