Vermont Governor Phil Scott signed a bill into law that creates an additional pathway to CPA licensure — one of the last few states left to pass changes to licensure requirements.
The legislation allows a candidate to apply for a license with a bachelor's degree in accounting, two years of experience, and passage of the CPA exam. It also ensures practice mobility so out-of-state accountants can serve clients in Vermont. The changes are effective immediately.
"It's quick," Vermont Society of CPAs executive director Sadie Fischesser told
The existing pathways remain intact: the 150 credit-hour rule, or a post-baccalaureate degree with a concentration in accounting and one year of experience. Both require passing the CPA Exam.
Over the past two to three years, the profession has made a unified effort in an effort to make accounting more accessible amid an ongoing talent shortage. Over 40 states have passed similar laws or changes.
