1. The candidate shall have completed
(i) at least 33 semester hours or equivalent quarter
hours in accounting (excluding introductory courses) at the upper
division undergraduate and/or graduate level including minimum
requirements in each of the following subject areas:
(I) Financial Accounting - 9 semester hours
(II) Auditing - 6 semester hours
(III) Taxation - 6 semester hours
(IV) Management Accounting - 3 semester hours
(V) Governmental and Not-For-Profit Accounting - 3semester hours
(VI) Accounting Electives - 6 semester hours; and
(ii) at least three (3) semester or equivalent quarter
hours in business law, concentrating primarily on the Uniform
Commercial Code; and
(iii) at least 27 semester or equivalent quarter hours
in business courses (other than accounting courses) at the
undergraduate or graduate level from among the following subject
areas: economics; legal and social environment of business;
business law (in addition to the three hours required above);
marketing; finance; organization, group, and individual behavior;
Chapter 30-X-4 Accountancy
Supp. 12/31/15 4-4
quantitative applications in business; communication skills, and
business ethics; or
2. The candidate shall have been awarded a graduate
degree in accounting from a program that, as of the date of
granting said degree, is accredited in accounting by the American
Assembly of Collegiate Schools of Business (AACSB), or comparable
accrediting organization recognized by the Board; or
3. The candidate shall have been awarded a graduate
degree from a program that, as of the date of granting said
degree, is accredited in business by the AACSB, or comparable
accrediting organization recognized by the Board, and completed a
course of instruction that includes all of the requirements
specified in 1. above.