WI SB732

Replaces the current 150 semester hour education requirement with three pathways to CPA certification: master's degree plus 1 year experience, bachelor's degree plus 150 hours plus 1 year experience, or bachelor's degree plus 2 years experience

Allows candidates to sit for the CPA exam after completing either 120 semester hours of education or receiving a bachelor's degree, down from the previous 120-hour minimum

Expands qualifying work experience to include accounting, attest, compilation, management advisory, financial advisory, tax, or consulting skills gained through government, industry, academia, or public practice

Removes the requirement for third-party verification through NASBA for out-of-state CPAs to practice in Wisconsin, instead requiring they meet requirements similar to Wisconsin's

Repeals the mandatory coursework requirement in accounting information systems and extends the continuing education reporting period from 1 year to 3 years for license renewal