Colorado § 12-100-109 - Examinations - reexaminations - rules.

§ 12-100-109. Examinations - reexaminations - rules.

(1) The board shall provide licensure examinations as often as necessary to provide candidates a reasonable opportunity to take the examination. Examinations shall adequately test a candidate's knowledge of accounting, auditing, and any other related subject the board deems relevant and necessary. Any additional examination subject shall be designated by the board by rule. The board shall set the passing score for an examination at a level to adequately reflect the minimum level of competency necessary for the practice of accountancy.

(2) The board shall establish by rule the standards for granting conditional examination credit for candidates who pass one or more but not all of the sections of the examination.

(3) The board may use the standard examinations and advisory grading service promulgated by the American Institute of Certified Public Accountants, which examination shall be deemed prima facie to meet the requirements of this section.

(4) A candidate for a certificate of certified public accountant is entitled to take an examination if the candidate:

(a) Has obtained a baccalaureate or higher degree conferred by an accredited college or university and completed an accounting program or a nonaccounting concentration supplemented by what the board determines to be the equivalent of an accounting concentration, including related courses in other areas of business administration; or

(b) Demonstrates that they are currently enrolled in a degree program at a college or university that confers a baccalaureate degree and master's or higher degree upon completion of a combined degree program and that they have completed the baccalaureate degree requirements and accounting concentration.

(4.5) A candidate for a certificate of certified public accountant who is entitled to take an examination pursuant to subsection (4) of this section shall, regardless of such entitlement, complete one of the three educational pathways described in section 12-100-108 (1)(a) to be eligible for a certificate of certified public accountant.

(5) Any candidate who has passed any or all sections of an examination in another state shall be credited for passing the sections if the sections passed are determined by the board to be equivalent to sections of the examination offered in this state and if the testing requirements in the other state are substantially the same as in this state.

(6) If a candidate fails an examination or fails to pass in all subjects as provided in subsection (5) of this section, the board may require the candidate to take additional study before taking another examination.

Source: L. 2019: Entire title R&RE with relocations, (HB 19-1172), ch. 136, p. 798, § 1, effective October 1. L. 2026: (4) amended and (4.5) added, (SB 26-076), ch. 81, p. 325, § 2, effective August 12.

Editor's note: This section is similar to former § 12-2-111 as it existed prior to 2019.