18 Month Rule

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  • December 29, 2014 at 8:18 pm #191148
    jm962011
    Participant

    Hi! I am looking for the guidance about the 18 month rule.

    I am an Indiana candidate (apparently, it matters which state?). I took AUD on 1/8/2014 and passed. The NASBA website says they received my score on 2/4/2014 and that credit for the exam expires 7/31/2015.

    I just want to make sure my expiration date is actually 7/31/2015 and not June 8, 2015 (with no testing in June, I would tell myself I have to be finished (and scored???) by 5/31/2015.

    Any guidance would be much appreciated!

Viewing 9 replies - 1 through 9 (of 9 total)
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  • December 29, 2014 at 8:48 pm #636887
    scarecrow
    Member

    18 months from the day you took the test is the general rule.

    I took a test/passed on January 3rd, and my score reports showed that it would expire on July 3 of the following year. 18 months.

    In your case, I would plan on July 8th as your expiration.

    I did read a while back where someone had date discrepancies and ended up losing credit because they went by the wrong date that NASBA had. I don't recall ever hearing how their appeal went. When in doubt go 18 months from the day you took the test just to be sure.

    317 CLUB

    December 29, 2014 at 8:54 pm #636888
    Anonymous
    Inactive

    Read your state board rules. It's ultimately up to them. In Colorado it's the date you took the first exam you passed. So, if I took the exam January 1st and received my passing score January 20th, my score would expire June 1st.

    December 29, 2014 at 8:56 pm #636889
    scarecrow
    Member

    That's 17 months, try again.

    317 CLUB

    December 29, 2014 at 9:21 pm #636890
    Anonymous
    Inactive

    @scarecrow – Here's the thread; it ended in her favor. https://www.another71.com/cpa-exam-forum/topic/nasba-says-i-passed-state-board-says-i-didnt

    To the OP – The 18 month rule varies by state. For some states the first exam expires at the 18 month mark. For others, it's the 18 month mark plus the remainder of that month. Yours sounds like the latter. Either way you should read the state rules or contact your state board for clarification.

    December 29, 2014 at 9:24 pm #636891
    Tripp11
    Member

    I was an Indiana candidate as well, and I called the Indiana State Board of Accountancy and talked to someone there about the 18 month window – as I got very close to mine. I suggest you call them or email them to confirm. Off the top of my head I don't remember what they told me, and I can't locate the email.

    AUD - 93
    BEC - 80
    REG - 86
    FAR - 83

    December 29, 2014 at 9:33 pm #636892
    Tripp11
    Member

    Alright, I pulled my CPA Exam file…

    I took AUD on 2/4/12 and my letter said that credit expired on 8/31/13.

    I took my final section, FAR, on 8/29/13.

    AUD - 93
    BEC - 80
    REG - 86
    FAR - 83

    December 29, 2014 at 9:42 pm #636893
    EverybodyswaitingfortheCPA
    Member

    https://nasba.org/exams/cpaexam/indiana/

    “Credit for any section passed shall be valid for 18 months from the actual date the examination sections were taken.”

    Ah, the power of a google search…

    From my understanding, and @CNS's link on the NASBA/ state board discrepancy, it appears that the two are still working out their differences regarding timeframes and reporting dates. I think it's safe to say, 18 months from the day you took your test, and not the end of the month, for conservative purposes.

    BEC - ✔ REG - ✔ AUD - ✔ FAR - ✔

    Becker + NINJA MQCs for FAR

    Licensed January 2015

    December 29, 2014 at 10:22 pm #636894
    jm962011
    Participant

    Thanks! I was looking for the official guidance on the NASBA website, should've just resorted to google 🙂

    Clear as mud/ambiguous as I remember an accounting professor say… it's spot on when it comes to the CPA exam and the licensing process 🙂

    December 29, 2014 at 10:37 pm #636895
    EverybodyswaitingfortheCPA
    Member

    Ha – exactly right jm962011! I've done the same thing – tried searcing on NASBA, AICPA, etc. only to airball; but then trying Google took me to the exact, buried spot on the NASBA, AICPA websites…lol

    BEC - ✔ REG - ✔ AUD - ✔ FAR - ✔

    Becker + NINJA MQCs for FAR

    Licensed January 2015

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