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If you pass the exam that should mean you have the knowledge to be a CPA, if not make the exam harder. The other reason is if you need 150 credit hours you shouldn’t be able to get a college degree in accounting with less than 150 hours. Experiece I understand, but if you can pass the hurdle of the exam tacking on a 5th year of college makes no sense. How does basket weaving make me a better accountant? I can see 120 hours plus 5-7 years experience in public or something like that. Maybe it’s just a barrier to keep the financialy challenged or older folks out of the license game. It’s a joke that a hedge fund manager can manage billions without a license or 150 hours but someone can’t sign a compilation even though you pass the rigid CPA exam and have 120 credit hours and experience. Okat back to FAR studying now. I must pass this nightmare already. Government should be a separte designation. How many CPA’s really do this stuff.
Reg 11/15/2011 - 80
Aud 02/28/2012 - 81
Bec 05/31/2012 - 78
Far 08/31/2012 - 83 Do you believe in Miracles, YES !!!CPA License received 10/2012 !!
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