CERTIFIED PUBLIC ACCOUNTANT
Summary
Hawai‘i is slightly below (fewer
requirements) the national median in requirements for a pharmacist license. Hawai‘i follows the
majority of the states in examination and experience requirements.
Requirement
|
Hawai‘i
|
Category Rank
|
National Median
|
OVERALL
RANK (quintile)
|
3
|
|
|
Education
|
150
semester hours requirement; 24 hours in accounting related courses required.
|
3
|
150
semester hours requirement; 24 hours accounting related.
|
Examination
|
AICPA,
NASBA
|
Not Ranked
|
AICPA,
NASBA
All states require passing this examination.
|
Experience
|
1500
hours auditing under a CPA or 2 years accounting experience not under a CPA.
|
4
|
2 years
under a CPA.
|
Fees
|
$220
|
3
|
$175
|
Continuing
Education
|
40 hours
per year
|
3
|
40 hours
per year
|
Reciprocity
or Endorsement
|
Yes, with
5 years experience. No reciprocity for non-U.S. experience.
|
2
|
Yes, with
5 years experience. 35 states provide some recognition of non-U.S.
experience.
|
Notes on
certified public accountant
ranking:
1 = most difficult, most requirements, highest fees.
5 = least difficult, fewest requirements, lowest fees.
Education: 44 states require 150
semester hours of education. Almost all states require a minimum number of
accounting related semester hours.
Examination: All states require passing the AICPA exam.
Experience: Most states allow varying degrees of non-CPA
experience as a substitute for the CPA experience. Nine states also require
from 300 to 1000 hours of
specialized audit or attest experience.
Fees: Rank is based on the initial license fee and an
annualized renewal fee.
Continuing education: The continuing education requirement
is usually a number of hours over a one, two, or three year license period. For
comparison, the hours are annualized. On an annualized basis, every state,
except Wisconsin,
requires 40 hours per year of continuing education. Wisconsin does not require continuing
education.
Reciprocity: Only two states do not have some form of
reciprocity. Usually, some licensed experience is required and a minority of the states assess an additional fee. Most of
the states that recognize foreign licenses limit that recognition to four
countries.
Sources: In addition to state websites, we
referred to The Digest of State Accountancy Laws & State Board Regulations,
American Institute of Certified Public Accountants and National Association
of State Boards of Accountancy, 2004/05 Edition.