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The Uniform Certified Public Accountant Examination (CPA Exam) is the examination administered to people who wish to become Certified Public Accountants in The United States of America. The CPA Exam is used by the regulatory bodies of all fifty states plus the District of Columbia , Guam , Puerto Rico , the U.S. Virgin Islands and the Northern ...
Requirements vary by state (Wisconsin does not require any CPE for CPAs [22] [23]) but the vast majority require an average of 40 hours of CPE every year with a minimum of 20 hours per calendar year. The requirement can be fulfilled through attending live seminars, webcast seminars, or through self-study (textbooks, videos, online courses, all ...
Remember that it’s not just about the 16 hours you’ll sit for the test but also understanding what you’ll be tested on and ways to manage your time before and on exam day.
Boards are also the final authority on communicating exam results received from NASBA to candidates. The AICPA is responsible for setting and scoring the examination, and transmitting scores to NASBA. NASBA maintains the National Candidate Database and matches score data received from the AICPA with candidate details.
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The CPA exam fees vary by state but expect to pay an application fee and separate fees for each exam section. It’s a good idea to budget for these expenses early on.
The Common Final Examination is typically offered twice a year in May (Spring) and September (Fall). During the COVID-19 pandemic, the May 2020 exam was cancelled along with many other CPA modules. The CFE resumed beginning with the September 2020 exam. [3] The upcoming CFEs are scheduled between: [4] May 28 to May 30, 2024
The data: a nine-year study of 121,234 CPA candidates found that individuals who began with Financial Accounting and Reporting (FAR) generally completed all four sections quicker than those who ...