Skip to main content
Back To Top Top Back To Top
This website publishes administrative rules on their effective dates, as designated by the adopting state agencies, colleges, and universities.

Chapter 4701-3 | CPA Examination Qualification

 
 
 
Rule
Rule 4701-3-01 | Residence.
 

(A) Pursuant to division (A) of section 4701.06 of the Revised Code, an individual shall be considered a resident of Ohio if:

(1) The individual maintains a permanent place of residence in Ohio and actually is domiciled in Ohio.

(2) The individual is a resident of another state but works full time in Ohio.

(B) The board may waive the residence requirement defined in paragraph (A) of this rule for just cause.

(C) A candidate who earns valid conditional credit on the CPA examination while in compliance with paragraph (A) of this rule may file for an Ohio CPA certificate under the laws of this state.

(D) Any request for a waiver of the residence requirement under paragraph (B) of this rule must be accompanied by a statement to the board attesting to the reasons for the waiver and must be accompanied by appropriate supporting documentation.

Supplemental Information

Authorized By: 4701.06
Amplifies: 4701.16
Five Year Review Date: 9/1/2024
Prior Effective Dates: 6/1/2004
Rule 4701-3-02 | Board approved colleges.
 

(A) For the purpose of qualifying for admission to the certified public accountant examination defined in division (A)(5) of section 4701.06 of the Revised Code, the board will accept academic credits received from or accepted as transfer credits by colleges and universities accredited by an agency approved by the board.

(B) Candidates whose training has been completed in a college or university located outside the United States must meet the foreign credential evaluation requirements specified in rule 4701-3-05 of the Administrative Code.

Last updated May 16, 2021 at 7:14 AM

Supplemental Information

Authorized By: 4701.06
Amplifies: 4701.06
Five Year Review Date: 9/7/2024
Prior Effective Dates: 12/30/1966, 12/9/1997
Rule 4701-3-03 | Accounting concentration, business course requirement; graduate degrees.
 

(A) The accounting concentration described in division (D)(1)(b) of section 4701.06 of the Revised Code shall include thirty semester hours credit or equivalent in accounting courses, that includes course work in the following subject areas:

(1) Auditing in accordance with the generally accepted auditing standards defined in rule 4701-9-03 of the Administrative Code.

(2) Financial accounting.

(3) Management accounting or cost accounting.

(4) Taxation.

(B) Eighteen semester hours of graduate credit in accounting will qualify as the accounting concentration described in division (D)(1)(b) of section 4701.06 of the Revised Code.

(C) The business course requirement described in division (D)(1)(b) of section 4701.06 of the Revised Code shall include twenty-four semester hours credit or equivalent in business courses other than accounting courses. Business law is considered a business course.

(D) A candidate who holds a graduate degree in accounting from an institution accredited by an agency recognized by the "Council for Higher Education Accreditation" will meet the accounting concentration requirement defined in paragraph (A) or (B) of this rule and the business course requirement defined in paragraph (C) of this rule.

(E) A candidate who holds a graduate degree in business from an institution accredited by an agency recognized by the "Council for Higher Education Accreditation" will meet the business course requirement defined in paragraph (C) of this rule.

Last updated July 27, 2021 at 3:06 PM

Supplemental Information

Authorized By: 4701.06
Amplifies: 4701.06
Five Year Review Date: 9/7/2024
Prior Effective Dates: 7/16/2009
Rule 4701-3-05 | Evaluation of foreign credentials.
 

(A) A candidate from a foreign country may take the "International Qualification Examination," administered by the "National Association of State Boards of Accountancy," in lieu of the CPA examination if the candidate has a foreign credential that has been approved by the board.

(B) All other candidates who complete their education outside the United States, and who do not comply with the provisions of paragraph (A) of this rule, must submit their official school records to a foreign credential evaluation service approved by the board. If the evaluation service certifies that the foreign training is equivalent to the CPA examination educational requirements described in rule 4701-3-09 of the Administrative Code, the candidate may file for admission to the CPA examination in Ohio.

Supplemental Information

Authorized By: 4701.06
Amplifies: 4701.06
Five Year Review Date: 9/7/2024
Prior Effective Dates: 6/1/1977, 6/4/1992
Rule 4701-3-07 | Special examination.
 

(A) The special examination for a partial waiver of the educational requirements for the CPA certificate, described in section 4701.06 of the Revised Code, is defined in paragraph (B) of this rule.

(B) The CPA certification requirement of one hundred fifty semester hours of college credit, described in division (A)(4)(a) of section 4701.06 of the Revised Code, shall be waived by the board if a candidate achieves a total score of six hundred twenty on the "Graduate Management Admission Test."

(C) Pursuant to division (B)(2) of section 4701.06 of the Revised Code, all candidates taking the special examination must complete the accounting concentration described in paragraph (A) of rule 4701-3-03 of the Administrative Code, and the business course requirement as described in paragraph (C) of rule 4701-3-03 of the Administrative Code.

Last updated July 27, 2021 at 3:06 PM

Supplemental Information

Authorized By: 4701.06
Amplifies: 4701.06
Five Year Review Date: 9/7/2024
Prior Effective Dates: 6/4/1992, 9/22/1993, 12/13/1994, 5/7/2003, 7/16/2009
Rule 4701-3-09 | CPA examination educational requirements.
 

(A) A candidate for the CPA examination must complete the following educational requirements:

(1) The education requirement set forth in division (A)(1)(a) of section 4701.06 of the Revised Code, and

(2) The accounting and business course requirements set forth in rule 4701-3-03 of the Administrative Code.

(B) The candidate may waive the requirement specified in paragraph (A)(1) of this rule provided the candidate meets the requirements of rule 4701-3-07 of the Administrative Code.

(C) The requirement set forth in paragraph (A)(1) of this rule does not restrict eligibility to take the CPA examination set forth in division (C) of section 4701.06 of the Revised Code if the candidate has met the requirements in paragraph (A)(2) of this rule.

Last updated July 27, 2021 at 3:06 PM

Supplemental Information

Authorized By: 4701.06
Amplifies: 4701.06
Five Year Review Date: 9/7/2024
Prior Effective Dates: 5/7/2003