Thanks dcgrrrl. I would appreciate if you could further clarify me.

Section 107(a)(2)b in the link http://www.delcode.state.de.us/title24/c001/index.htm#P132_1 9322

describes as

"Has at least the equivalent of 2 years' accounting experience as an employee of a firm engaged in the practice of certified public accountancy; or not less than 2 years' experience as an accountant in government, commerce, industry or other field of endeavor, which in the opinion of the Board is substantially equivalent to 2 years' experience as an employee of a firm engaged in the practice of certified public accountancy; or 4 years' full-time experience as an owner, principal or employee of a firm engaged in the practice of public accountancy when such experience has occurred and the individual has obtained the education requirement described in § 107(a)(2)b. of this title; this experience shall include experience in engagements resulting in the issuance of financial statements including appropriate foot note disclosure and prepared in accordance with accepted accounting principles or other comprehensive bases of accounting as defined in standards established by the A.I.C.P.A., or internal audit;"

Can you explain me how many yrs of experience required if i work in a CPA firm or in private accounting firm or in public accounting firm. My understanding is

CPA firm - 2 yrs

public acc firm - 2 yrs

private acc firm - 4 yrs.

Correct me if i am wrong or if there is more i should understand. I am not yet clear in this. Thanks again for your help.

Can you also explain me what is Qualifying experience in the below link.

http://www.nasba.org/NASBAfiles.nsf/3BC653050D2D8FA086256C1B 00792FF5/$file/CPAPractReq2002.PDF . Thanks.

I interpret "qualifying experience" as the type of experience you need to get a license - a further description of the experience column, not an additional requirement.  Use the NASBA document as a general reference, and consult state boards for more information.

The way I read the DE law:

You must meet one of the three experience requirements below:

1 - if you have a master's degree with a concentration in accounting, 1 year experience working as an accountant for a CPA firm, government, commerce, or industry.  OR 2 years experience working for a public accountancy firm.

Quote:  providing any type of service or advice involving the use of accounting, compilation, internal audit, management advisory, financial advisory, tax or consulting skills, all of which was verified by a licensee, meeting requirements prescribed by the Board by rule.

2 - if you have a bachelor's degree with a concentration in accounting, 2 years experience working as an accountant for a CPA firm, government, commerce, or industry.  OR 4 years experience working for a public accountancy firm.

Quote: this experience shall include experience in engagements resulting in the issuance of financial statements including appropriate foot note disclosure and prepared in accordance with accepted accounting principles or other comprehensive bases of accounting as defined in standards established by the A.I.C.P.A., or internal audit

3 - if you have an associate's degree with a concentration in accounting, 4 years experience working as an accountant for a CPA firm, government, commerce, or industry.  OR 8 years experience working for a public accountancy firm.

Regarding the "public accountancy firm" thing - Some states still allow people to be licensed as "public accountants."  I don't know much about this designation; I believe the requirements are less rigorous than the CPA designation.  I also believe that the P.A. designation is being phased out.