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Subject Topic: MA - CPA questions (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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rchxenson
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Joined: 22 Feb 2009
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Posted: 09 Oct 2009 at 14:42 | IP Logged  

I have applied for and am taking the CPA exam in MA.  I went to school here and have the following eduction:

1) Education - Masters in Accounting and an MBA (obviously undergrad, however, not in accounting).

2) sections complete - While I am sitting for the CPA exam currently, I have only passed 3 of the 4 sections to date.

3) work experience - I am am currently thinking of a change in jobs to an internal accounting role within a company.  The problem is that I only have ~750 hours of attest work.

There are several questions on have:

Per the MSPCA, the following is from their website....

'With 150 credits, you need one year of public accounting experience for a full reporting license and the CPA experience must include 1000 hours of report (attest) experience as defined in these sections. With a graduate degree in accounting, business, or law, no experience is required for certification/licensure, but the candidate can only apply for the non reporting license.'

http://www.mass.gov/?pageID=ocaterminal&L=4&L0=Home& amp;L1=Licensee&L2=Division+of+Professional+Licensure+Bo ards&L3=Board+of+Public+Accountancy&sid=Eoca&b=t erminalcontent&f=dpl_boards_pa_faq&csid=Eoca#c02

a) I believe this means I can be a CPA without having to wait for my hours, this is correct right?

b) if I decide to go this route and leave before obtaining the required hours....does my license look any different from others?  will it say on it non reporting license on the certificate?



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rchxenson
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Posted: 09 Oct 2009 at 14:46 | IP Logged  

I read this on their website:

This restriction is designated as a non reporting license, but only the Board and the non reporting licensee will be aware of this restriction unless a member of the public were to inquire. The actual license itself has no restriction on it and we rely on the licensee to provide this information to clients or other members of the public if they are presented in their practice of public accounting with a potential report engagement.

so I think I answered my question...

Does anyone out there have a license like this?

better question is do I need to put this as a disclosure on my resume?



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