IA HSB177

Establishes two pathways for CPA certification: completion of 150 semester hours of college education with a degree and at least one year of experience, OR completion of 120 semester hours with a degree and at least two years of experience

Requires degrees to be at least a baccalaureate from a board-recognized institution with a concentration in accounting or a substantially equivalent field of study

Defines qualifying experience to include services involving accounting, attest, compilation, management advisory, financial advisory, tax, or consulting in government, industry, academia, or public sector settings

Allows out-of-state CPAs with valid licenses in good standing and substantially equivalent credentials to practice in Iowa without separate Iowa licensure, fees, or board notification

Takes effect July 1, 2026, with persons holding CPA certificates issued before July 1, 2025, deemed to have met the new requirements