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CA AB3251

Bill

Status

Passed

9/25/2024

Primary Sponsor

Marc Berman

Click for details

Origin

State Assembly

2023-2024 Session

AI Summary

  • Extends the repeal date of the California Board of Accountancy from January 1, 2025 to January 1, 2029.

  • Removes "regional or national" accreditation requirement language, allowing educational institutions accredited by any agency on the U.S. Secretary of Education's list to satisfy CPA licensing education requirements.

  • Allows electronic transmission of transcripts and signed letters from educational institutions instead of requiring mailed copies for CPA applicants.

  • Requires board-recognized peer review programs to use a secure web-based application to share objective information and data about peer review progress and results with the board.

  • Makes licensee owners of accounting firms providing attestation services equally responsible as those who performed engagements if owners lack authority to sign attest reports, and requires firms to provide working papers to former licensees upon board request.

Legislative Description

Accountancy.

Last Action

Chaptered by Secretary of State - Chapter 586, Statutes of 2024.

9/25/2024

Committee Referrals

Appropriations7/1/2024
Business, Professions and Economic Development6/5/2024
Rules5/23/2024
Appropriations4/25/2024
Business and Professions3/11/2024

Full Bill Text

No bill text available