Accy 2.202(3)(b)1. 1. Economics.

Accy 2.202(3)(b)2. 2. Finance.

Accy 2.202(3)(b)3. 3. Statistics or data analytics.

Accy 2.202(3)(b)4. 4. Business law.

Accy 2.202(3)(b)5. 5. Information technology.

Accy 2.202 Note Note: The courses covering the subjects of financial accounting, cost or managerial accounting, taxation, and auditing under s. Accy 2.202 (2) or (3), would generally be courses taken beyond the introduction accounting course required of every business major.

Accy 2.202(4) (4) Completed coursework that the board determines is reasonably equivalent to the course content and semester hours requirements specified in sub. (3) (a) and (b).

Accy 2.202 History History: 2015 Wis. Act 217: renum. (intro.), (1) from Accy 7.035 (intro.), (2) and am., cr. (1) (a) to (f), (2) Register May 2016 No. 725, eff. 6-1-16; EmR1618: emerg. am. (intro.), cr. (3), eff. 9-26-16; EmR1713: emerg. r. and recr., eff. 6-23-17; 2017 Wis. Act 88: r. and recr. Register December 2017 No. 744, eff. 6-1-17; CR 17-064: r. and recr., Register March 2018 No. 747 eff. 4-1-18; CR 20-041: r. (5) Register October 2021 No. 790, eff. 11-1-21.

subch. IV of ch. Accy 2 Subchapter IV — Examination

Accy 2.301 Accy 2.301 Examination. A candidate for a certified public accountant certificate shall successfully pass the certified public accountant examination set forth in s. Accy 2.302 and the professional ethics examination set forth in s. Accy 2.306.

Accy 2.301 History History: Cr. Register, November, 1993, No. 455, eff. 12-1-93; 2015 Wis. Act 217: renum. from Accy 3.02 and am. Register May 2016 No. 725, eff. 6-1-16.

Accy 2.302 Accy 2.302 Certified public accountant examination.

Accy 2.302(1) (1) The subjects covering the discipline of accounting in the certified public accountant examination shall be as provided by the board of examiners of the American Institute of Certified Public Accountants Uniform Certified Public Accountant Examination. The passing grade on each section is 75 or higher.

Accy 2.302(2) (2) Examinations shall be graded by the board of examiners of the American institute of certified public accountants advisory grading service.

Accy 2.302 History History: Cr. Register, November, 1993, No. 455, eff. 12-1-93; 2015 Wis. Act 217: renum. from Accy 3.03 and am. (1) Register May 2016 No. 725, eff. 6-1-16.

Accy 2.303 Accy 2.303 Education required for examination. A candidate for the certified public accountant examination must have satisfied one of the following for purposes of meeting the 120-hour coursework requirement under s. 442.04 (5) (b) 4., Stats.:

Accy 2.303(1) (1) Satisfied s. Accy 2.202 (1), (2), or (3).

Accy 2.303(2) (2) Satisfied the course content and semester hours requirements specified in s. Accy 2.202 (3) (a) and (b), or completed coursework that the board determines is reasonably equivalent to those requirements.

Accy 2.303 History History: Cr. Register, November, 1993, No. 455, eff. 12-1-93. r. and recr. Register, March, 1996, No. 483, eff. 4-1-96; 2015 Wis. Act 217: renum. from Accy 3.04 and am. Register May 2016 No. 725, eff. 6-1-16; EmR1618: emerg. am., eff. 9-26-16; EmR1713: emerg. r. and recr., eff. 6-23-17; 2017 Wis. Act 88: r. and recr. Register December 2017 No. 744, eff. 6-1-17; CR 17-064: r. and recr., Register March 2018 No. 747 eff. 4-1-18; CR 20-041: r. (3) Register October 2021 No. 790, eff. 11-1-21.

Accy 2.304 Accy 2.304 Candidates for examination.

Accy 2.304(1) (1) A candidate shall be allowed to sit for each section of the uniform certified public accountant examination individually.

Accy 2.304(2) (2) A candidate shall retain credit for any section passed for 30 months. A candidate may retake a section once the grade for the previous attempt of the same section has been released.

Accy 2.304(3) (3) A candidate must pass all sections of the uniform certified public accountant examination within a rolling 30-month period that begins on the date of notification that the first section is passed.

Accy 2.304(4) (4) If any section of the uniform certified public accountant examination is not passed within the rolling 30-month period, credit for any section passed outside the 30-month period shall expire and that section shall be retaken.

Accy 2.304(5) (5) The board may on a case-by-case basis extend the 30-month period of credit for sections of the Uniform CPA Examination passed, or the duration of the 30-month rolling period, upon the applicant showing to the board’s satisfaction that the inability to pass all sections of the examination within the 30-month period was due to one of the following:

Accy 2.304(5)(a) (a) The sickness of the candidate or a member of the candidate’s immediate family if the candidate substantiates the illness by a doctor’s certificate.

Accy 2.304(5)(b) (b) A death in the candidate’s immediate family if the candidate provides proof of death.

Accy 2.304(5)(c) (c) Temporary military service.

Accy 2.304(5)(d) (d) Other good reason deemed acceptable by the board.