061-2 Wyo. Code R. § 2-3

Current through April 27, 2019

Section 2-3 - Education Requirements

(a) Applicants shall furnish evidence in the form of a transcript(s) delivered directly to the board office by the college or university that evidences completion of the following education requirements:

• (i) An applicant who qualifies under W.S. 33-3-111 shall have completed a baccalaureate or higher degree including a minimum of twenty-four (24) semester hours in accounting courses in some or all of the following subjects:
  • (A) Financial accounting and reporting for business organizations;
  • (B) Financial accounting and reporting for government and not-for profit entities;
  • (C) Auditing and attestation services;
  • (D) Managerial or cost accounting;
  • (E) Taxation;
  • (F) Fraud examination;
  • (G) Internal controls and risk assessment;
  • (H) Financial statement analysis;
  • (I) Accounting or tax research and analysis;
  • (J) Accounting information systems;
  • (K) Ethics; or
  • (L) Other areas included in the Uniform CPA Examination Content Specification Outline or as may be determined by the board.

• (ii) An applicant who qualifies under W.S. W.S. 33-3-111 shall also have completed at least twenty-four (24) semester hours of business courses (other than accounting) at the undergraduate or graduate level covering some or all of the following subjects:
  • (A) Business law;
  • (B) Economics;
  • (C) Management;
  • (D) Marketing;
  • (E) Finance;
  • (F) Business communications;
  • (G) Statistics;
  • (H) Quantitative methods;
  • (I) Technical writing;
  • (J) Information systems or technology;
  • (K) Ethics; or
  • (L) Others areas as may be determined by the board.

(b) A maximum of six (6) semester hours for internships may count toward the accounting or business subject matter requirements. "Internship" means short-term faculty supervised work experience usually related to a student's major field of study for which the student earns academic credit.

(c) The official transcript which evidences compliance with the requirements set forth in subsection (a) above shall be forwarded to the board's office directly from the college or university that is accredited by one of the following accrediting associations or successor accrediting associations:

• (i) New England Association of Schools and Colleges;

• (ii) Middle States Association of Colleges and Secondary Schools;

• (iii) Higher Learning Commission (formerly North Central Association of Colleges and Schools);

• (iv) Northwest Commission on Colleges & Universities;

• (v) Southern Association of Colleges and Schools;

• (vi) Western Association of Schools and Colleges; or

• (vii) Association to Advance Collegiate Schools of Business (AACSB).

(d) Credit earned through life experience as a result of an applicant passing the examination shall not qualify towards meeting any of the course requirements.

(e) Transcripts that document a graduate degree with a concentration in accounting from a program that is accredited in accounting by the AACSB shall be equivalent to the requirements outlined in subsection (a)(i) of this section.

(f) One quarter unit or hour is equivalent to two-thirds (2/3) of a semester unit or hour.

(g) Candidates qualifying based on a degree earned in a foreign country shall submit transcripts to a foreign education credentials service acceptable to the board for evaluation. That evaluation shall verify that the degree awarded was transferrable to an institution of higher education in the United States and verify that the accounting courses are equivalent to those taken to qualify as a candidate in the United States.

061-2 Wyo. Code R. § 2-3

Amended, Eff. 3/20/2018.