<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0-000002 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310000003 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P1 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: Times; font-size: 12pt; line-height: 108%; } </style></head><body><div><p dir="ltr" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P0"><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:75:02:04"><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0-000000">20:75:02:04</span></a><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0-000001">.  Education.</span><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0"> For the purpose of satisfying education requirements in SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-20B-15"><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0-000002">36-20B-15</span></a><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">, a semester hour means the conventional college semester hour. Quarter hours may be converted to semester hours by multiplying them by two-thirds.</span></p><p dir="ltr" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P0"><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310000003"> </span></p><p dir="ltr" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P0"><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">    </span><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">Both a major in accounting and a course of study substantially equivalent to a major in accounting must include</span><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">:</span></p><p dir="ltr" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P0"><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310000003"> </span></p><p dir="ltr" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P0"><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">    (1)  Twenty-four</span><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0"> semester hours in accounting at the undergraduate or graduate level from an accredited college or university,</span><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0"> not</span><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0"> including elementary principles of accounting</span><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">,</span><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0"> and at least one course in each of the following: intermediate or advanced accounting, auditing, taxation, and cost accounting</span><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">; and</span></p><p dir="ltr" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P0"><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310000003"> </span></p><p dir="ltr" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P0"><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">    (2) Twenty-four</span><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0"> semester hours in business courses, other than accounting courses, at the undergraduate or graduate level.</span></p><p dir="ltr" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P0"><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310000003"> </span></p><p dir="ltr" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P0"><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">    </span><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">A course may not be audited but must appear as semester or quarter hour credit on an official transcript.</span></p><p dir="ltr" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P0"><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310000003"> </span></p><p dir="ltr" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P1"><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">    </span><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0-000001">Source:</span><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0"> 29 SDR 16, effective August 14, 2002; 30 SDR 119, effective February 9, 2004</span><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">; 50 SDR 67, effective December 5, 2023; 50 SDR 67, effective January 1, 2024</span><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">.</span></p><p dir="ltr" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P0"><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">    </span><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0-000001">General Authority:</span><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-20B-12"><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0-000002">36-20B-12</span></a><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">(3)</span><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">.</span></p><p dir="ltr" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P0"><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">    </span><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0-000001">Law Implemented:</span><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-20B-15"><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0-000002">36-20B-15</span></a><span class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310C0">.</span></p><p dir="ltr" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310P0"><span xml:space="preserve" class="sdb0580f8-cf3d-4b5a-a0cf-d255dd96e310000003"> </span></p></div></body></html>