MI HB4893

Provides three pathways to CPA certification: 150 semester hours with a bachelor's degree (1 year experience required), a post-baccalaureate degree in accounting (1 year experience required), or 120 credit hours/bachelor's degree (2 years experience required)

Allows CPAs licensed in other states to practice in Michigan if they met equivalent education and experience requirements at the time of their initial licensure

Grandfathers CPAs who held valid licenses and had practice privileges in Michigan as of December 31, 2024, allowing them to continue practicing without obtaining a new Michigan license

Removes the mandatory 8 hours of auditing and accounting continuing education per year, while maintaining the 40-hour total annual requirement and 2-hour professional ethics requirement

Expands the carryover provision for excess continuing education hours, removing the restriction that limited carryover to only the next year while maintaining the 40-hour maximum carryover cap