Effective Jan. 1, 2023, candidates can be approved to sit for the CPA Exam upon earning 120 semester credit hours including 24 hours in accounting with at least one course in audit and one course in tax, 12 hours of business courses, and a baccalaureate degree. Provisional approval will be available for students completing these requirements in the final term in which they receive a degree. Individuals passing the exam will still need 150 semester credit hours to become licensed.