New CPA exam


Q

Question

From what I've read, the exam will now be offered several times a year
(I think six next year, but after that eight times). PLUS you can sit
for each of the four sections one at a time.

Does anyone else think this is HUGE change from the current exam? I
mean, in most states, don't you have to take all four parts at once,
pass two parts, and condition (score of 50) the other two parts?

Is anyone worried that these new rules will cause a mass influx of
CPAs into the field? Should I feel like a dork for studying so hard
and trying to pass all four parts at once? I just think it will be
SOOOOOOO much easier to study one part a time and have eight
opportunities a year.

Any ideas/thoughts/comments?
 
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B

Bobster123

From: [email protected] (Question) said:
Is anyone worried that these new rules will cause a mass influx of
CPAs into the field? Should I feel like a dork for studying so hard
and trying to pass all four parts at once? I just think it will be
SOOOOOOO much easier to study one part a time and have eight
opportunities a year.
I agree- sounds like it will be easier to pass the exam, but many states have
raised the educational requirement to sit for the CPA exam to nearly that of a
master's degree. It's not like anybody can walk-in off the street and take
the exam (as is the case with the IT certifications).
 
E

Eurogroover

You have already passed two parts, focus on the other two and stop
worrying about the CBT CPA, atleast for now.
As for my opinion, I believe that their will be a significant increase
in the number of exam takers and pass rate, which is the main
objective behind the transfer from paper-pencil to CBT.
Now just imagine how many candidates will sit for the exam if the CPA
was to be offered worldwide.
 
S

Shagnasty

When I took it, you had to pass two parts to get credit and if you passed
just one part, you got nothing out of it. At some time previously, they had
allowed credit for passing just one part, then they went back to requiring
two parts.

If you didn't take all four parts, though, you couldn't take the parts you
skipped for some time after the next test, so you took them all. After
passing two parts, you could concentrate on one of the two remaining until
you passed it, then take the final one until you passed it. If you took the
test, I think they nearly always gave you 50% just for showing up.
 
C

Corwin, Prince of Amber

Do you know in which (if any) state a person can take the CPA exam
(assume qualified to do so) as a non-resident and without auditing or
public accounting experience lawfully use the letters "CPA" on their
business card?

Rick Bryan
New York, NY
 
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W

William P. Brown

Question said:
From what I've read, the exam will now be offered several times a year
(I think six next year, but after that eight times). PLUS you can sit
for each of the four sections one at a time.
You will not be able to take a particular part more than 4 times in one
year.
 
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