New York Codes, Rules and Regulations › Title 8 - EDUCATION DEPARTMENT › Chapter II - Regulations of the Commissioner › Subchapter A - Higher and Professional Education › Part 52 - Registration of Curricula › Section 52.13 - Accountancy

Current through Register Vol. 46, No. 28, July 10, 2024
(a) Prior to
				  August 1, 2004, the program shall meet the curricular requirements in this
				  subdivision or subdivision (b) of this section.
(1) Undergraduate curriculum. An
				  undergraduate curriculum shall lead to a baccalaureate degree and include not
				  less than 120 semester hours or their equivalent, including the following
				  semester hours or their equivalent in the specified subjects:
Subject
Semester hours
Accounting, including course coverage in each of
								  the following subject areas- accounting principles, cost accounting, tax
								  accounting and auditing
24
Commercial law
6
Finance
6
Business statistics
3
Business and accounting electives
21
Economic principles (which may be used to satisfy
								  the business and accounting electives requirement)
6
The department may recognize a curriculum of comparable
					 course content but with fewer semester hours, if given either wholly or partly
					 at the graduate level, as being equivalent to the undergraduate curriculum
					 outlined above.
(2) Graduate
				  curriculum. A graduate curriculum shall include not less than the following
				  semester hours or their equivalent in the specified subjects depending on the
				  undergraduate preparation of the students:
Subject
Semester hours
(prerequisites for the respective programs
								  are described below)
Alternative A
Alternative B
Accounting, including at least one course each in
								  accounting theory, tax accounting, and auditing, and in addition, under the B
								  program, at least one course in cost accounting
9
24
Economic analysis
3
3
Finance
3
3
Commercial law-six semester hours at the
								  undergraduate level will be considered equivalent
4
Other business and accounting
								  electives
15
26
Total
30
60
(i) The
				  prerequisite for alternative A is a bachelor's degree or the equivalent in the
				  field of accounting or business administration, including at least 21 semester
				  hours of accounting and meeting the minimum semester hour requirements in the
				  other subjects set forth in paragraph (1) of this subdivision. Deficiencies of
				  not more than three semester hours each in any two of the following subjects
				  may be made up by using electives in the graduate curriculum:
(a) accounting;
(b) commercial law;
(c) finance;
(d) economics; and
(e) business statistics.
Further deficiencies may be duly made up, but credit
					 therefor may not be applied to the 30-semester-hour requirement
					 above.
(ii) The
				  prerequisite for alternative B is a bachelor's degree or the equivalent in a
				  field other than accounting or business administration, including:
(a) at least six semester hours in economic
				  principles;
(b) at least six
				  semester hours in finance; and
(c)
				  three semester hours in business statistics.
If such curriculum did not include the requirements set
					 forth in this paragraph relating to economic principles, finance and business
					 statistics, equivalent study in these subjects shall be carried out through the
					 use of electives in the graduate
					 curriculum.