1. (a) Licensees who meet all of the following requirements may use a passing score on the Board-approved examination in professional ethics toward two hours of continuing education in the period immediately preceding their first license expiration date as described in Section 87.1(a):

   1. (1) Initial certified public accountant license was issued on or after July 1, 2026.
   2. (2) CBA-approved professional ethics examination was purchased prior to July 1, 2024.
2. (b) This section shall become inoperative on July 1, 2024.

Note: Authority cited: Sections 5010 and 5018, Business and Professions Code. Reference: Sections 5018, 5027, 5082 and 5093, Business and Professions Code.

History

1. New section filed 5-28-2024; operative 7-1-2024 (Register 2024, No. 22).