Effects of the 150-hour education requirement

William SHAFER, J. Gregory KUNKEL, Kathryn A. HANSEN

Research output: Journal PublicationsJournal Article (refereed)peer-review


The 150-hour education requirement has been passed in 48 of the 54 U.S. licensing jurisdictions, and it has been implemented in 39 of them. Data is becoming available to accurately assess the 150-hour requirement’s impact. Previous research has suggested that candidates for entry-level public accounting positions who have met the 150-hour requirement are better qualified for those positions, and should be able to assume more responsibility sooner than four-year accounting graduates. It has also been reported that the number of first-time candidates dropped dramatically after enactment, making it more difficult for CPA firms to hire qualified entry-level staff. An article by Read, Raghunandan, and Brown (The CPA Journal, March 2001) indicated that candidates with the 150-hour background demonstrate better performance on the CPA exam. The data compiled in “Candidate Performance on the Uniform CPA Examination,” published by the National Association of State Boards of Accountancy (NASBA), allows comparison between states that implemented the 150-hour rule in the 1990s.
Original languageEnglish
JournalThe CPA Journal
Publication statusPublished - Jan 2003
Externally publishedYes


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