Regulations of the Commissioner
Disclaimer: These Rules of the Regents and Regulations of the Commissioner of Education ("regulations") are unofficial, and are presented for general informational purposes as a public service. Although reasonable efforts have been made to ensure that these regulations are current, complete and accurate, the State Education Department does not warrant or represent that they are current, complete and accurate. These regulations are subject to change on a regular basis. Readers are advised to consult Title 8 of the Official Compilation of Codes, Rules and Regulations of the State of New York (8 NYCRR), published by the Department of State, and the State Register for the official exposition of the text of these regulations, as well as for amendments and any subsequent changes or revisions thereto.
Registration of Curricula, Part 52.13 Accountancy
Effective July 26, 2009
- Prior to August 1, 2004, the program shall meet the curricular
requirements in this subdivision or subdivision (b) of this section.
- Undergraduate curriculum. An undergraduate curriculum
shall lead to a baccalaureate degree and include not less
than 120 semester hours or their equivalent, including
the following semester hours or their equivalent in the
specified subjects:
Subject Semester hours Accounting, including course coverage in each of the following subject areas - accounting principles, cost accounting, tax accounting and auditing 24 Commercial Law 6 Finance 6 Business statistics 3 Business and accounting electives 21 Economic principles (which may be used to satisfy the business and accouting electives requirements 6
The department may recognize a curriculum of comparable course content but with fewer semester hours, if given either wholly or partly at the graduate level, as being equivalent to the undergraduate curriculum outlined above.
- Graduate curriculum. A graduate curriculum shall include
not less that the following semester hours or their equivalent
in the specified subjects depending on the undergraduate
preparation of the students:
Subject Subject Semester hours
(prerequisites for the respective programs are described below)Alternative A Alternative B Accounting, including at least one course each in accounting theory, tax accounting, and auditing, and in addition, under the B program, at least one course in cost accounting 9 24 Economic analysis 3 3 Finance 3 3 Commercial law - six semester hours at the undergraduate level will be considered equivalent --- 4 Other business and accounting electives 15 26 Total 30 60
- The prerequisite for alternative A is a bachelor's
degree or the equivalent in the field of accounting
or business administration, including at least 21
semester hours of accounting and meeting the minimum
semester hour requirements in the other subjects
set forth in paragraph (1) of this subdivision. Deficiencies
of not more than three semester hours each in any
two of the following subjects may be made up by using
electives in the graduate curriculum:
- accounting;
- commercial law;
- finance;
- economics; and
- business statistics.
Further deficiencies may be duly made up, but credit therefore may not be applied to the 30-semester-hour requirement above.
- The prerequisite for alternative B is a bachelor's
degree or the equivalent in a field other than accounting
or business administration, including:
- at least six semester hours shall be in economic principles;
- at least six semester hours in finance; and
- three semester hours in business statistics.
If such curriculum did not include the requirements set forth in this paragraph relating to economic principles, finance and business statistics, equivalent study in these subjects shall be carried out through the use of electives in the graduate curriculum.
- The prerequisite for alternative A is a bachelor's
degree or the equivalent in the field of accounting
or business administration, including at least 21
semester hours of accounting and meeting the minimum
semester hour requirements in the other subjects
set forth in paragraph (1) of this subdivision. Deficiencies
of not more than three semester hours each in any
two of the following subjects may be made up by using
electives in the graduate curriculum:
- Undergraduate curriculum. An undergraduate curriculum
shall lead to a baccalaureate degree and include not less
than 120 semester hours or their equivalent, including
the following semester hours or their equivalent in the
specified subjects:
-
- Definitions. As used in this subdivision:
- Professional accountancy content area shall mean
curricular content in professional accountancy that
includes but is not limited to each of the subjects
identified in clauses (a) through (d) of this subparagraph
and may also include but need not be limited to the
subjects identified in clauses (e) through (g) of this
subparagraph:
- financial accounting and reporting;
- cost or managerial accounting;
- taxation; and
- auditing and attestation services;
- fraud examination;
- internal controls and risk assessment; and
- accounting information systems.
- General business content area shall mean curricular
content relating to the development of knowledge in
traditional business principles and technical skills.
Curricular content in general business may include
but is not limited to each of the following subjects:
- business statistics;
- business law;
- computer science;
- economics;
- finance;
- management;
- marketing;
- operations management;
- organizational behavior;
- business strategy;
- quantitative methods; and
- information technology and systems.
- Professional accountancy content area shall mean
curricular content in professional accountancy that
includes but is not limited to each of the subjects
identified in clauses (a) through (d) of this subparagraph
and may also include but need not be limited to the
subjects identified in clauses (e) through (g) of this
subparagraph:
- Curriculum. On or after August 1, 2004, in addition to meeting all applicable provisions of this Part, to be registered as a program recognized as leading to licensure in public accountancy which meets the requirements in section 70.1 of this Title, such program shall be a baccalaureate or higher program that, by requisites or prerequisites, shall ensure completion of at least 150 semester hours or its equivalent, including a minimum of 33 semester hours or its equivalent in the professional accounting content area and a minimum of 36 semester hours or its equivalent in the general business content area. Such curriculum shall include the study of business and accounting communications, ethics and professional responsibility, and accounting research, either by integration into the coursework of other courses or in separate courses.
- Definitions. As used in this subdivision: