New CPA Rules in California: AB 1175 Breakdown You Must Hear скачать в хорошем качестве

New CPA Rules in California: AB 1175 Breakdown You Must Hear

If you’re pursuing your CPA license in California, the rules are shifting. Stay updated on AB 1175 and the latest California CPA licensure requirements—book your consultation with Incorporation Attorney today - https://www.incorporationattorney.com... California’s CPA pathway is undergoing its biggest overhaul in decades, driven by AB 1175, a landmark California Assembly Bill created to fix the shrinking accounting talent pipeline. This video breaks down why the long-standing 150-unit rule is being eliminated, how the new 120-unit model works, and what the updated California CPA licensure requirements mean for aspiring accountants. We also explain the expanded two-year experience requirement, the broader flexibility in qualifying experience, and how this reform removes financial barriers that pushed away qualified and diverse candidates. Beyond education and experience changes, AB 1175 also reshapes rules for out-of-state CPAs through practice privilege, aiming to streamline mobility while protecting consumers. Whether you’re entering the profession or already licensed, this explainer walks you through every major update in the California CPA requirements change, how it impacts professionals and accountancy corporations in California, and when these rules officially take effect from 2026 through 2029. 00:00 – Why California CPA rules are changing 00:29 – The shrinking CPA pipeline problem 00:54 – The 150-unit rule and its financial burden 01:19 – Introduction to the Accountancy Modernization Act 01:41 – What Assembly Bill 1175 actually does 02:02 – Two main goals of AB 1175 02:27 – New education and experience path 02:51 – Removing the 150-unit requirement 03:15 – New two-year experience rule 03:37 – How advanced degrees count as experience 04:01 – New mobility rules for out-of-state CPAs 04:19 – Practice privilege explained 04:44 – Oversight by the California Board of Accountancy 05:10 – Timeline: 2026, 2027, 2029 rollouts 05:32 – Goals: accessibility, diversity, stronger workforce 05:52 – Next steps for the CBA and future impact 06:12 – Closing remarks Incorporation Attorney Office: +1 (714) 634-4838