<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.s96dccb90-80f9-4182-9312-037a36472c11P0 { 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.s96dccb90-80f9-4182-9312-037a36472c11C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s96dccb90-80f9-4182-9312-037a36472c11C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s96dccb90-80f9-4182-9312-037a36472c11C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s96dccb90-80f9-4182-9312-037a36472c11C0-000002 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s96dccb90-80f9-4182-9312-037a36472c11000003 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s96dccb90-80f9-4182-9312-037a36472c11P1 { 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="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:75:02:04"><span class="s96dccb90-80f9-4182-9312-037a36472c11C0-000000">20:75:02:04</span></a><span class="s96dccb90-80f9-4182-9312-037a36472c11C0-000001">.  Education.</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> For the purpose of satisfying </span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">the </span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">education requirements in SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-20B-15"><span class="s96dccb90-80f9-4182-9312-037a36472c11C0-000002">36-20B-15</span></a><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">, a semester </span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">credit </span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">hour means </span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">a traditional</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> college semester hour. </span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">A quarter credit hour</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> may be converted to </span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">a </span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">semester </span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">credit hour</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> by multiplying </span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">the quarter hour</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> by two-thirds.</span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11000003"> </span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">    </span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">Both a </span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">concentration</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> in accounting and a course of study equivalent to a </span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">concentration</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> in accounting must be obtained at an accredited college or university and include the following</span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">:</span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11000003"> </span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">    (1)  Twenty-four</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> semester </span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">credit </span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">hours in accounting,</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> not</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> including elementary principles of accounting</span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">,</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> and at least one course in each of the following:</span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11000003"> </span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">        (a)  I</span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">ntermediate or advanced accounting</span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">;</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> </span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11000003"> </span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">        (b)  A</span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">uditing</span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">;</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> </span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11000003"> </span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">        (c)  T</span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">axation, and</span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11000003"> </span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">        (d)  C</span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">ost accounting</span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">; and</span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11000003"> </span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">    (2) Twenty-four</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> semester </span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">credit </span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">hours in business courses, other than accounting courses.</span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11000003"> </span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">    </span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">To count towards the requirements in this section, a course must appear as a semester credit hour or quarter credit hour on an official transcript.</span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11000003"> </span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P1"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">    </span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0-000001">Source:</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> 29 SDR 16, effective August 14, 2002; 30 SDR 119, effective February 9, 2004</span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">; 50 SDR 67, effective December 5, 2023; 50 SDR 67, effective January 1, 2024; 52 SDR 125, effective July 1, 2026</span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">.</span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">    </span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0-000001">General Authority:</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-20B-12"><span class="s96dccb90-80f9-4182-9312-037a36472c11C0-000002">36-20B-12</span></a><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">(15)</span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">.</span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0">    </span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0-000001">Law Implemented:</span><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=36-20B-21"><span class="s96dccb90-80f9-4182-9312-037a36472c11C0-000002">36-20B-</span><span class="s96dccb90-80f9-4182-9312-037a36472c11C0-000002">21</span></a><span class="s96dccb90-80f9-4182-9312-037a36472c11C0">.</span></p><p dir="ltr" class="s96dccb90-80f9-4182-9312-037a36472c11P0"><span xml:space="preserve" class="s96dccb90-80f9-4182-9312-037a36472c11000003"> </span></p></div></body></html>