February 21, 2025 – Notice of Executive Session of the Indiana Board of Accountancy, Peer Review Oversight Committee. This executive session will be held by the Indiana Board of Accountancy’s Peer Review Oversight Committee.
August 28, 2024 – Notice of Executive Session of the Indiana Board of Accountancy, Peer Review Oversight Committee. This is a notice regarding an upcoming executive session for the Peer Review Oversight Committee of the Indiana Board of Accountancy.
May 31, 2024 – Notice of Executive Session of the Indiana Board of Accountancy, Peer Review Oversight Committee. An executive session notice from the Indiana Board of Accountancy concerning their Peer Review Oversight Committee.
September 22, 2023 – Exam Credit Extension Policy Adopted. The Indiana Board of Accountancy has adopted NASBA’s exam extension policy. This decision, voted on 9/22/23, addresses disruptions caused by health, economic, education, and travel issues that have impacted CPA Examination candidates. Coupled with the anticipated changes from the new Uniform CPA Exam launched on January 1, 2024, this policy grants an extension. Any candidate holding Uniform CPA Examination credit(s) between January 30, 2020, and December 31, 2023, will have these credits extended until June 30, 2025. This measure aims to provide relief and ensure fairness for candidates facing these challenges in maintaining their progress towards certification, upholding consistent professional standards.
July 01, 2023 – HEA 1327 and Experience Rule Update. Regarding House Enrolled Act 1327, please be advised that the rule requires promulgation. Until this process is complete, the existing rule (872 IAC 1-1-8) concerning the twenty-four (24) months of required experience remains in effect. This ensures the continuity of established benchmarks for professional experience under the current regulatory framework, maintaining uniform application of standards.
May 16, 2023 – UAA Model Rules and State Board Rules. It’s important to understand that the Uniform Accountancy Act (UAA) Model Rules do not automatically change state board rules. NASBA, as the membership organization for the 55 U.S. Boards of Accountancy, offers these Model Rules as recommendations through its Uniform Accountancy Act Committee. These are suggestions for boards to consider for adoption to encourage uniformity across jurisdictions. Specifically, individual boards may consider amendments to Model Rule 5-7. If a board chooses to adopt changes, they will initiate a process to modify state-level rules. Current CPA Exam candidates will continue to be governed by the rules in place at the board to which they applied until any such changes are officially adopted and implemented, ensuring a clear and uniform set of expectations during their examination process.
January 13, 2023 – Exam Credit Extension Policy Adoption. The Indiana Board of Accountancy has officially voted to adopt NASBA’s exam credit extension policy. As a result, any candidate with Uniform CPA Examination credit(s) as of January 1, 2024, will receive an extension of these credits until June 30, 2025. Please note that candidate records will be updated to reflect this credit extension starting in January 2024. This extension supports candidates in maintaining progress towards certification amidst evolving professional requirements and aims for a more uniformly applied standard for exam validity during transitional periods.
November 2, 2022 – New Final Rule for Education and Examination Requirements. The Indiana Board of Accountancy, acting under the authority of IC 25-2.1-2-15, has recently enacted a new final rule. This rule, developed under IC 4-22-2, introduces specific amendments to the administrative rules detailed in Title 872 of the Indiana Administrative Code (872 IAC). Officially documented as LSA Document #22-159(F), this rule became effective on November 2, 2022. Key changes within this new rule pertain to the Board’s stipulations for education and examination eligibility. Candidates are now eligible to sit for the Uniform CPA Exam upon completing 120 semester hours (or equivalent) of college education, provided this includes an accounting concentration or its equivalent. It is critical to note that the requirement of 150 semester hours for licensure remains unchanged. To receive an initial certificate, candidates must still fulfill the requirement of at least one hundred fifty (150) semester hours (or equivalent) of college education and hold a baccalaureate degree or higher from an accredited institution recognized by the Board. Furthermore, the educational program must encompass an accounting concentration or its Board-determined equivalent. This updated rule refines the pathway to CPA certification in Indiana, setting clear, uniform educational benchmarks for candidates.
