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jwl637
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Posted: 01 Nov 2008 at 08:06 | IP Logged  

Hello,

I've done a search and have come up with relatively little on this, so I'm hoping to get some further insight on the following please:

Does it make sense to pursue only the CPA exam certification without having any intention of obtaining a CPA license? 

Is it meaningful in and of itself to have just the CPA exam certification to list as part of ones credentials?


I actually have zero accounting credits from my undergraduate days, and in my current situation it's near impossible for me to go back to school (although I do plan on enrolling in an exam prep course).  At the same, I've over the course of my ten year administrative career moved into an accounting-clerk type position.  It's where I am now, and I've read in a few places that having the exam certification could help bolster my career.

Further, my understanding is that I can take the exam in Maine without having any accounting credits, just so long as I have 150 semester hours.  Can anyone confirm this?

Any advice would be enormous!  Thank you.



Edited by jwl637 on 01 Nov 2008 at 08:09
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HillbillyLawyer
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Posted: 01 Nov 2008 at 09:24 | IP Logged  

I found the information below on Maine’s Board of Accountancy Website.  Based on the information, I cannot discern the difference between CPA and PA.  I do know that not all states have the “PA” designation.  This would concern me about reciprocity and transferability if there is any chance you will ever want to relocate.

 

I do not think simply passing the exam and then not getting certified (licensed) would do much for you.  I would not take the exam unless I intended to attain CPA status.  Pursuing certification does not mean simply seeking to pass the exam.  It means seeking to become fully licensed .

 

Perhaps someone else can clear up the difference between PA and CPA in Maine and/or elsewhere.  I saw this dichotomy in at least one other state.  If you currently live in Maine, I expect anyone practicing as a CPA or PA could explain the difference.  Or, simply make a direct inquiry with Maine’s Board.

 

The requirements for CPA do not appear to be significantly more than PA.  CPA is the universally recognized credential with which I am familiar.

 

Certified Public Accountant:

 

http://www.maine.gov/pfr/professionallicensing/professions/a ccountants/cpa.htm

 

 

Public Accountant:

 

http://www.maine.gov/pfr/professionallicensing/professions/a ccountants/public.htm

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Strategoes
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Posted: 02 Nov 2008 at 22:40 | IP Logged  

jwl637 wrote:
Hello,

I've done a search and have come up with relatively little on this, so I'm hoping to get some further insight on the following please:

Does it make sense to pursue only the CPA exam certification without having any intention of obtaining a CPA license? 

Is it meaningful in and of itself to have just the CPA exam certification to list as part of ones credentials?


I actually have zero accounting credits from my undergraduate days, and in my current situation it's near impossible for me to go back to school (although I do plan on enrolling in an exam prep course).  At the same, I've over the course of my ten year administrative career moved into an accounting-clerk type position.  It's where I am now, and I've read in a few places that having the exam certification could help bolster my career.

Further, my understanding is that I can take the exam in Maine without having any accounting credits, just so long as I have 150 semester hours.  Can anyone confirm this?

Any advice would be enormous!  Thank you.



Does it make sense to go to college and come up short 10 credits of getting your Bachelors degree?

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jwl637
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Posted: 03 Nov 2008 at 05:42 | IP Logged  

Thank you both for the comments.

I actually have a Bachelor's from many years ago.  In fact I don't know the exact number credits I have.  I was only taking a shortcut by citing the minimum required credits to sit for the exam in Maine.

If any others can weigh in on this it'd be much appreciated.

Thanks
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robl45
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Posted: 05 Dec 2008 at 22:18 | IP Logged  

As I understand it, in maine, you just need a bachelors degree to sit for the exam, not to get actually licensed.  From reading the initial maine application at NASBA.org, it clearly states that you just need a bachelors degree to sit for the exam.

Maybe I am wrong on this, but thats what it seems to say.  I plan to sit for the exam through maine so I can get to work on the CPA while I am taking the accounting courses that I need for Florida.

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