California-cpa-exam
Governor Arnold Schwarzenegger has signed a bill that will require all CPAs in California licensed after 2014 to meet a 150 unit college education requirement. Currently, under California's "Pathway 1", a candidate can be licensed with a minimum of 120 units, but must meet the 150 unit requirement for their license to be valid in other juristictions. Under the new legislation, all CPA's applying for a license as of 2014 will need 150 units and "Pathway 1" will no longer be an option. However, CPA licenses aquired before 2014 will still be valid.

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