The Colorado State Board of Accountancy is considering several adjustments to simplify Colorado CPA licensing rules as a result of evaluating barriers impacting Colorado CPA shortages, as highlighted in a November 2023 letter from COCPA President and CEO Alicia Gelinas, CPA.
As part of its rulemaking process, the State Board held a session on March 29 to gather stakeholder feedback on the proposed changes to Rules 1.5, 1.7, and 1.8. These changes would include:
The COCPA expressed support for and offered feedback on the proposed rule changes in a comment letter to the State Board, dated March 26, 2024, and made additional recommendations aimed at reducing the risk of processing delays through language clarification and definition expansion, including:
Click here to read the COCPA’s March 26 Comment Letter to the Colorado State Board of Accountancy.