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Quick question how many credits will one need to write the exams under CBA is it 120 or 150? I am having a debate right now with a friend who insist that the 150credits is for writing the exams and license .That is a new applicant will need 150 credits before s/he will be allowed to write the exams and also if one has not passed the exams by 2013 and used 120 credits to write the exams in 2013 that individual will need to obtain 150 credits before s/he will be allowed to write the exams in 2014.
I hold a different thought ie one need only 120 credits to write the exams in 2014 and 150 credits + 2 years experience under a CPA supervisor when l applying for the license. Are my thoughts correct? Please reply as the debate is getting interesting and I have asked him to view the forum mates answers.
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