Montana Code 37-50-305. Education requirements — definition
37-50-305. Education requirements — definition. (1) An applicant for initial licensure as a certified public accountant must have:
Terms Used In Montana Code 37-50-305
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
(a)graduated from an accredited college or university with a baccalaureate degree and at least 150 semester hours of credit; and
(b)met the requirements for accounting and business course credit hours specified by board rule.
(2)(a) A licensee shall obtain continuing education credits as provided by board and department rule.
(b)If an audit conducted under 37-1-306 results in more than 15% of the audited licensees being noncompliant before the department administers the provisions of 37-1-321, in the subsequent audit year the board may audit up to 100% of the licensees.
(3)For the purposes of this section, “initial licensure” means that the applicant has never been licensed as a certified public accountant by any jurisdiction.