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Future NY CPAs, i’m looking for some clarity. please help.
I earned my Bachelor’s in 2007. I did not apply for licensure until 2010 but was approved to sit for the exam based on grandfathering of the 120-credit hour rule. I recently passed all four parts of the exam. YAY! (FYI, I used Becker and feel it preps you very well but you must write & re-write notes rather than highlighting – just like Jeff says!!)
Some of you may be familiar that NYS changed the educational requirements on August 1, 2009. The quote basically is “if you graduated after August 1, 2009 OR applied after August 1, 2009, you need 150-hours for licensure.”
The NASBA NY Coordinator is telling me that I’m fine and that i can receive a license after only 120 credits – even though he knows I applied after August 1, 2009. Here is a quick summary of our emails:
ME : “I earned an Accounting degree on May 12th 2007 but applied after August 1st, 2009. Does this mean I must earn 150 credit hours before I can obtain a CPA license or am I eligible to obtain a license under the 120-hour Grandfathering Rule?”
NY COORDINATOR: “Our record shows that your education was approved under the 120 grandfathering rule. So you do not need to have 150 hour rule to apply for a licensure.”
Has anyone in NY has a similar experience? My basic question: If I applied after August 1, 2009, do I need 150 hours??
All the information I read says YES but NY Coordinator says NO.
Also, where I get the information on the Ethics Exam? Thanks!!