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Notice of Public Rulemaking Hearing for the
Tennessee State Board of Accountancy
Pursuant to Tenn. Code Ann. § 4-3-1306(d), you are receiving this notice because you have elected to receive notification by e-mail of certain changes or potential changes to the law applicable to your profession.
The referenced rules were adopted for a rulemaking hearing at the July 27, 2021 meeting of the Tennessee State Board of Accountancy (“the Board”) and were approved at a rulemaking hearing on January 25, 2022 during a regularly scheduled meeting of the Board. The rules were filed with the Secretary of State on March 17, 2022 and have an effective date of June 15, 2022.
The proposed rule changes pertain to educational requirements for individuals wishing to enter the certified public accountant (CPA) profession and have been created to encourage uniformity among the 55 U.S. jurisdictions. Proposed revisions include recognition of accrediting organizations by the Board, description of what qualifies as accounting education, and the addition of course content in areas such as digital acumen and data analytics.
The current rule lists outdated accreditation entity titles. The United States Department of Education eliminated its references to regional and national accrediting entities with its November 2019 regulation amendments. The new term used in the federal regulations is “accrediting agencies.” This proposed amendment removes the reference to “regional” accrediting agencies. Further, the names of the accrediting agencies are updated to reflect their current names.
This amendment will add language from the Uniform Accountancy Act Model Rules published by the National Association of State Boards of Accountancy specifying acceptable accounting and general business course content.
Lastly, this amendment adopts language that reflects current Board practices surrounding acceptance of lower division level courses. The amendment states that lower division level courses, including those completed at junior college, that transfer to a four-year degree granting institution as upper division level may be counted as upper division level provided the transferred credits are listed on an official transcript from the four-year degree granting institution.
A full copy of these rules can be viewed online at:
https://publications.tnsosfiles.com/rules_filings/03-13-22.pdf
If you have any questions or concerns about these rules, please contact Maria Bush, Associate General Counsel, at (615) 741-3072 or electronically at Maria.P.Bush@tn.gov.
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