Posted: 02 Feb 2010 at 09:08 | IP Logged
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Am I interpreting this incorrectly? I will have 150 credits and a bachelors in accounting this summer and plan to start preparing the extra time needed for the CPA exam so I'd like to plan accordingly since I won't have the 1 yr work experience "under a cpa".
If I applied and took the exam in another state and I qualified under the new rule education requirements, couldn't I transfer the license to Florida and bypass the work experience rule?
LICENSURE BY ENDORSEMENT
The endorsement method is used when an applicant has applied for a license in another state, is already licensed in another state, is an Approved Chartered Accountant. The endorsement method is also used for transferring examination credit when an individual has passed all four parts of the Uniform CPA examination in another state in accordance with Florida’s sitting rules. Individuals who are transferring examination credit must meet the new rule education requirements.
To successfully obtain a license by endorsement a candidate must
- Submit Licensure by Endorsement application and a $300.00 nonrefundable fee
- Evidence successful passage of the CPA examination
- Meet education requirements based on year initially sat for the examination
- Evidence Work Experience – not required if meeting new rule education requirements
- If more than two years since CPA examination was passed evidence completion of 80 hours of CPE to include 20 hours in accounting and auditing and no more than 20 hours in behavioral subjects.
- If licensed in another state, must evidence current active license in good standing
__________________ Mistakes Are Only Lessons to be Learned.
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