New Jersey Governor Phil Murphy has signed a new licencing law for Certified Public Accountants (CPAs), introducing an alternative pathway for becoming a CPA. As of February 2026, candidates can qualify with a bachelor's degree, two years of relevant work experience and a passed CPA Exam, without the need for additional academic credits. This model aligns with reforms in over 20 other states and is considered to increase the number of CPA candidates, an important move amid national dips in enrollment.
For decades, the 150-credit rule has been treated like a rite of passage. Not because it made anyone a better accountant, but because it was simply “the way it’s done.” In New Jersey, that mindset has officially shifted. With Governor Phil Murphy signing...
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