New york state board for public accountancy

The New York State Board for Public Accountancy (NASBA) is the regulatory body responsible for licensing and regulating certified public accountants (CPAs) in the state of New York. Here are some key facts about the New York State Board for Public Accountancy:

Mission: The mission of the New York State Board for Public Accountancy is to protect the public by ensuring that only qualified individuals are licensed to practice as certified public accountants (CPAs) in the state of New York.

Licensing Requirements: To become a licensed CPA in New York, an individual must:

  1. Meet the educational requirements: Earn a bachelor's degree in accounting or a related field from an accredited institution.
  2. Meet the experience requirements: Complete one year of experience in accounting or a related field.
  3. Pass the Uniform CPA Examination: Pass all four sections of the CPA exam: Auditing and Attestation (AUD), Financial Accounting and Reporting (FAR), Regulation (REG), and Business Environment and Concepts (BEC).
  4. Meet the ethics requirements: Complete a professional ethics course and pass a professional ethics exam.
  5. Apply for licensure: Submit an application to the New York State Board for Public Accountancy, along with the required fees and documentation.

Licensure Levels: The New York State Board for Public Accountancy offers two levels of licensure:

  1. Certified Public Accountant (CPA): This is the highest level of licensure, which requires meeting all the requirements listed above.
  2. Public Accountant (PA): This is an intermediate level of licensure, which requires meeting some of the requirements listed above, but not all.

Continuing Professional Education (CPE): Licensed CPAs in New York are required to complete a certain number of CPE hours each year to maintain their licensure. The number of hours required varies depending on the individual's licensure level and the type of services they provide.

Disciplinary Actions: The New York State Board for Public Accountancy has the authority to take disciplinary action against licensed CPAs who violate the state's accounting laws and regulations, including suspension or revocation of licensure.

Contact Information:

New York State Board for Public Accountancy 89 Washington Avenue, 2nd Floor Albany, NY 12234 Phone: (518) 474-3817 Fax: (518) 474-5766 Email: [email protected]

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