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§ 2-303. Education requirements for license

West's Annotated Code of MarylandBusiness Occupations and ProfessionsEffective: October 1, 2021

West's Annotated Code of Maryland
Business Occupations and Professions
Title 2. Accountants (Refs & Annos)
Subtitle 3. Licenses (Refs & Annos)
Effective: October 1, 2021
MD Code, Business Occupations & Professions, § 2-303
§ 2-303. Education requirements for license
Currentness
Baccalaureate or higher degree
(a)(1) In order to take the examination, an applicant shall have satisfactorily completed 120 semester hours or their equivalent, and hold a baccalaureate or higher degree that meets the requirements of this section.
(2) In order to become licensed, in addition to the other qualifications for a license set forth in this subtitle, an applicant shall have satisfactorily completed 150 semester hours or their equivalent, including the attainment of a baccalaureate or higher degree that meets the requirements of this section.
Accounting or equivalent majors
(b) The applicant shall have completed for the degree a curriculum that the Board considers to constitute:
(1) a major in accounting; or
(2) a substantial equivalent to a major in accounting, of which required credits or courses may be taken at any 2- or 4-year regionally accredited institution of higher education.
Approved schools, colleges, universities, and institutions
(c) The degree required under this section shall be awarded by a school, college, university, or other institution that:
(1) is a member of the Association to Advance Collegiate Schools of Business;
(2) is a member of the Accreditation Council for Business Schools and Programs;
(3) is accredited by or is a constituent unit of an institution accredited by:
(i) the Middle States Association of Colleges and Schools; or
(ii) the equivalent regional accrediting association for other regional areas; or
(4) is recognized and approved by the Board.
Determination of curriculum equivalencies
(d)(1) The Board may use the services of any institution that it considers appropriate to determine what constitutes a substantial equivalent to a major in accounting under subsection (b)(2) of this section.
(2) If the Board uses an institution to determine curriculum equivalencies, the Board may accept as final the determination of that institution.

Credits

Added by Acts 1989, c. 3, § 1, eff. Oct. 1, 1989. Amended by Acts 1993, c. 639; Acts 1994, c. 3, § 1, eff. Feb. 28, 1994; Acts 1999, c. 525, § 1, eff. Oct. 1, 1999; Acts 2011, c. 208, § 1, eff. Oct. 1, 2011; Acts 2021, c. 99, § 1, eff. Oct. 1, 2021.
Formerly Art. 75A, § 2-303.
MD Code, Business Occupations & Professions, § 2-303, MD BUS OCCUP & PROF § 2-303
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document