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Topic: cpa from philippines (

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henryv
Newbie
Newbie

Joined: 17 Jan 2011
Location: Philippines
Online Status: Offline
Posts: 5

Posted: 05 Aug 2012 at 01:42 \| IP Logged

I have a question about CA's new accounting system effective Jan. 1, 2014. Let's assume I took pathway 1(info about this below) and passed the examination on 2013. Can I still be licensed even without doing the additional 30 credit hours after 2014 and only having 1 year of experience in attestation (or even nil experience)? provided I satisfied pathway 1's requirement on or after 2014 of course

The FAQs in: http://www.dca.ca.gov/cba/faqs/faqnewlic.shtml is very specific on this matter that you need to finish the educational and experience requirements BEFORE 2014 legislation kicks in to get a license. So, this led to my question about taking pathway 1 on 2013.

Pathway 1= you can take the CPA examination with 120 credit hours but you need 2 years of experience to get your license

Pathway 2= you can take the CPA examination with 150 credit hours but you need 1 year of experience to get your license.

The answers are vague on this one.

Leslie-Anne
Regular
Regular

Joined: 10 Jun 2008
Location: Canada
Online Status: Offline
Posts: 224

Posted: 05 Aug 2012 at 13:42 \| IP Logged

If you go by pathway 1 for CA, you would need to have passed the exam
and be able to show 2 years of experience, and probably also have applied
for and received your CPA designation from the state board before Jan. 1,
2014 to qualify under the old rules.

__________________
Leslie-Anne Rogers
CPA State Selection Expert

henryv
Newbie
Newbie

Joined: 17 Jan 2011
Location: Philippines
Online Status: Offline
Posts: 5

Posted: 06 Aug 2012 at 13:18 \| IP Logged

Leslie-Anne wrote:

If you go by pathway 1 for CA, you would need to have passed the exam
and be able to show 2 years of experience, and probably also have applied
for and received your CPA designation from the state board before Jan. 1,
2014 to qualify under the old rules.

Hi Leslie-Anne,

Thank you for the reply. How about this, I took pathway one and satisfied the experience requirements (2 years) on or after Jan 1, 2014. Can I still get my CPA license without studying for additional credit hours?

The website I've provided said that I must satisfy the board requirements before Jan 1, 2014 to qualify but what about the case I've provided?

Regards,

Henryv

EDIT: my reading comprehension failed me. Thank you again leslie-anne for the answer.

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