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The CPA exam is a sixteen-hour exam tested in four separate sections. All candidates are required to take the same three core sections and a discipline section of their choice. [2] As many as two sections can be taken in a given day or each section can be taken on separate days. [citation needed] A detailed overview of each exam is as follows: [3]
On January 1, 2010, a new law, AB 138 (Chapter 312 of 2009), [5] took effect in California requiring all accounting firms providing accounting and auditing services to undergo a mandatory peer review. A peer review is a study of a firm's accounting and auditing work, performed by an unaffiliated CPA following professional standards.
The CPA exam’s 16-hour format, comprising core sections and a discipline-specific component, thoroughly tests a candidate’s accounting acumen and time management skills.
For example, California allows unlicensed accountants to work as public accountants if they work under the control and supervision of a CPA. [16] However, the California Board of Accountancy itself has determined that the terms "accountant" and "accounting" are misleading to members of the public, many of whom believe that a person who uses ...
CPA candidates typically dedicate around 300 hours of study per exam section to prepare adequately. The cost structure for the CPA exam varies by state, but generally, candidates can expect to pay ...
Exam Preparation Strategies: CPA candidates without a strong accounting background should adopt tailored exam preparation strategies due to the CPA exam’s multiple sections and varied question ...
Kenneth Mejia (born November 7, 1990) [2] is an American activist, accountant, and politician, serving as the City Controller of Los Angeles since 2022. A member of the Democratic Party and a former Green Party member, Mejia was a three-time candidate for the United States House of Representatives in California's 34th congressional district, prior to his candidacy and subsequent election as ...
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.