Pub 5 2023 Issue 4

The Society’s recent survey, mentioned above, revealed that most Nebraska CPAs agreed with the change to allow candidates to sit for the CPA exam with 120 hours of qualifying education, as is permitted in nearly every other state in the country. A bill amending the PAA to allow candidates to sit for the CPA exam with 120 hours of education has been drafted, and the Society Board of Directors approved moving forward with the proposed legislation during its Aug. 23 meeting. As a result, Society staff will proceed to find a state senator to introduce the bill and work with bill drafters to ensure the proposed legislation is in proper legal form. We are hopeful that the bill will be introduced during Nebraska’s 108th Legislature, Second Session, which commences Jan. 3, 2024. In addition, the State Board’s Education Advisory Committee (EAC) will continue to review and provide input on regulations within Title 288, Chapter 9 to assist the State Board in determining the mandatory subject areas and education requirements before a candidate is allowed to sit for the exam at 120 hours. Amendments to Chapter 9 will begin when and if the PAA is amended to allow candidates to sit at 120 hours of education. Anyone with questions and/or comments on these proposed changes should contact State Board Executive Director Dan Sweetwood at (402) 471-3595 or dan.sweetwood@nebraska.gov or Society President Joni Sundquist at (402) 476-8482 or joni@nescpa.org. The Nebraska State Board of Public Accountancy administers public accountancy law in Nebraska. Six of the eight State Board members are CPAs with active permits to practice and two are members of the public. The Nebraska Society of CPAs is a professional membership organization that supports and represents CPAs by providing resources, education, and advocacy to enhance their professional growth and development. The Society Board of Directors is the official decision-making body of the Society and presently consists of 13 member CPAs. 9 www.nescpa.org

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