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Subject Topic: Wait to get licensed? (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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ktcpanet
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Joined: 17 Aug 2008
Location: United States
Online Status: Offline
Posts: 37
Posted: 17 Dec 2011 at 15:29 | IP Logged  

Hello,

I recently passed all four sections of the Cpa exam.  However, I don't plan to make use of a cpa license for another 2 years at least.  In fact I may not ever use it as I am everything is up in the air right now.

Now I know that it is costly to maintain a license- almost 1K a year in NC. 

My question is - Should I wait to get my initial license?  Or should I get licensed and go into inactive status?

It is going to be a bit of a task to get licensed as I don't currently have surefire cpa references, and I am going to have to contact people who didn't know me long from my past and hope they will be willing to give a moral character reference for me.  Unfortunately it has to be notarized too and so I will have to hope either they have a notary or I can find one who will meet us somewhere.

I am hoping that others who have experience with this can give me advice.  Is it a risk if educational requirements change?  I also did not find anything about there being a time limit after passing to apply for licensure.  I noticed that it says you must meet educational requirements within a time limit after passing your exam.  Currently I fulfill these requirements, however I am worried that if they change them and require more hours, I may not meet them and not qualify any more. 

Does anyone have advice on whether I should get licensed now and go into inactive status or wait to get licensed initially?

Thanks,


__________________
Bec - 7/14/09 78 (lost credit)
Aud - 2011 91 (Wiley)
Reg - 7/3/10 2011 92 (yaeger)
Far - 5/13/09 - 85 (lost credit)
Yaeger Video/Book (FAR, REG)
Wiley Book (AUD, FAR)
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