Anybody is Vermont CPA – nonpublic work experience??

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    Topic
  • #1639481
    adsfasf
    Participant

    Hello,

    Is anybody in this forum a Vermont CPA (or applying Vermont CPA license), with nonpublic work experience? Really need some help!!

    Don’t understand the board’s work experience requirement.

    Anybody can help???

Viewing 6 replies - 1 through 6 (of 6 total)
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  • #1639558
    Anonymous
    Inactive

    Hi @xinren0818

    No I'm not a VT CPA, but happy to provide input.

    When looking at 26 V.S.A. § 71a, check out (a)(2)(ii):

    “…one year of experience in public accounting, meeting the requirements prescribed by board rule or other experience or employment which the board in its discretion considers substantially equivalent…”

    #1639559
    Anonymous
    Inactive

    When looking at the VT New Applicant Guide, under Experience Acceptable to the Board:

    “The administrative rules permit public and non-public accounting experience which must be supervised by a
    current CPA and consist of a portfolio of experience of such non-routine accounting nature that continually
    requires independent thought and judgment on important accounting matters. Vermont Administrative Rules
    Section 5.9 provides additional detail regarding the types of accounting experience deemed acceptable by the
    Board.”

    #1639561
    Anonymous
    Inactive

    Lastly, your authoritative answer is here. Scroll down to § 5.9 to (c) Non-public accounting experience

    I had to do this in 3 separate posts. It wouldn't let me post one big one.

    #1639676
    adsfasf
    Participant

    Hi, @AlmondCoins

    Thank you so much for your reply. My current position is a staff accountant that do almost every aspect of corporate accounting, including AR, AP, Journal entries, Reconciliations, prepare financial statements, assist with internal controls, help controller and CFO to generate several Excel sheets to analyze data. Our company has several therapy clinics nationwide and also has some commercial properties to manage. I am the only staff accountant in corporate. Do you think I am qualified? I don't know which category I can fall under..

    i. assessing the adequacy of the employer’s internal controls by developing an understanding of the employer’s transaction streams and information systems;
    ii. tax return preparation and research, preparation and analysis of financial statements, cost accounting, budgeting and the application of accounting principles; and
    iii demonstrating a working understanding of the industry in which the applicant’s employer operates, including the employer’s competition and key competitiveness factors that affect the industry.

    #2879358
    adsfasf
    Participant

    Helo

    #2879556
    Recked
    Participant

    Welcome back.
    Did you ever try to get licensed?
    Do you have a CPA working in your company that will sign off on your experience?

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