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Once you have completed your ethics requirement for your first license renewal, you must take four hours of ethics, of which up to two hours may be in Colorado Board of Accountancy Statutes, Rules, and Regulations (CR&R), for … Becoming a licensed Certified Public Accountant (CPA) involves acquiring a combination of education, work experience, and passing examination scores. Colorado Accountant License. Each of the 55 license-granting jurisdictions (the 50 states plus Washington, DC, Guam, Puerto Rico, the Virgin Islands and the Mariana Islands) maintains its own CPA license requirements, which you’ll have to meet for the jurisdiction you wish to be licensed in. 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