NY A07613

Establishes two education pathways for CPA licensure: a 120 semester hour program in accountancy or a 150 semester hour program, both requiring completion from registered, accredited, or equivalent programs

Sets experience requirements based on education pathway: 2 years of full-time experience for 120-hour graduates or 1 year for 150-hour graduates, with full-time defined as 35+ hours per week

Requires experience to be supervised and attested by a licensed CPA, with acceptable experience including accounting, attestation, tax, consulting, and financial advisory services in public practice, government, private industry, or education

Modifies practice privilege requirements for out-of-state CPAs to include completion of a baccalaureate or higher degree in accountancy, passing the written examination, and 1 year of experience

Takes effect 12 months after becoming law