CARPENTER, CHARLES G.; STEPHENSON, E. FRANK - In: Journal of Labor Research 27 (2006) 1, pp. 115-126
In many states, CPA licensure now requires 150 credit hours of college course-work thereby adding an extra semester or year of schooling beyond typical undergraduate degree requirements. Thus, the "150-hour rule" should increase the cost of becoming a CPA and, consequently, reduce the supply of...