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Rahul Jain
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Joined: 14 Jun 2005
Location: India
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Posted: 29 Sep 2005 at 22:46 | IP Logged  

Hi all

I have cleared all four parts of the examination and the results show that all the credits will expire on a certain date. Now why this credit will expire when i am done with the exam. Or there are some other procedures which should be followed so that the status of the exam section does not show anything related to credit.

Is there any kind of certificate or letter or document which will be given to me by NASBA/AICPA for passing the exam. Will they give it on their own or i have to send some kind of application

Can we use the word CPA in resume while submitting the same to various employers?

Do we need to take the ethics within a stipulated time after passing the exam or we can take it anytime we want. Is the ethics exam necessary if i want to take up a job in any of the big four accounting firm?

For information I am registered under the Colorado State Board of Accountancy

Any input in this matter will be highly appreciated

Thanks in advance



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Rahul
B.Com '02, ACA 03, CPA(USA)'05
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CPAdude
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Joined: 24 Aug 2005
Location: United States
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Posts: 1052
Posted: 29 Sep 2005 at 23:39 | IP Logged  

Dude-why are you worried? ;)

For now-go out to a bar. The Yankees/Red Sox classic is this weekend-go to that. Isn't there a Jessica Alba movie this weekend?

Congrats, dude! You're gonna make some serious $$$$.

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AUD-78
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magneto49
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Joined: 25 Aug 2005
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Posted: 30 Sep 2005 at 11:00 | IP Logged  

.

Edited by magneto49 on 08 Jan 2006 at 08:43
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Rahul Jain
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Joined: 14 Jun 2005
Location: India
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Posts: 162
Posted: 30 Sep 2005 at 12:52 | IP Logged  

wow magneto49... that was a fantastic and a detailed description... Thank you so much... I will take u r advise and apply for ethics exam as soon as possible.. Thanks once again



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Rahul
B.Com '02, ACA 03, CPA(USA)'05
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laks
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Joined: 18 May 2005
Location: United States
Online Status: Offline
Posts: 238
Posted: 30 Sep 2005 at 15:10 | IP Logged  

Hey Magneto,

I read the following in Bisk REG book Code of Professional ethics chapter-

Exhibit 3

Ethics ruling on use of CPA designation by a member not in Public Practice

A member not in public practice may use the CPA designation in connection with financial statements and correspondence of the member's employer and also use the designation with employment title on business cards. However the member should not imply he is independent of the employer or it would be considered violation of Rule 102.

Here, there is no mention of license. As per above, only membership (in AICPA) is required. For AICPA membership, you need a valid CPA certificate.

So, I interpret it this way - if you are able to get a CPA certificate and if you become a member of AICPA, then, you can use the CPA designation on letters, cards etc

Would love to hear your comments.

Thanks



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REG-80, BEC-86, AUD-87 FARE - 93 Whew!! Done finally!!!
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