[kdawg22]

is anyone else freaking out about the score release time for Q2 2017? If you take the exam in April you are not going to find out results until mid Aug. This is really unfair especially for those who have credits for previous exams that are set to expire towards the end of 2017 beginning of 2018. (the credits should be extended 4 months due to the time to calculate the new test)

Say i take AUD April 30, 2017. I have to wait all the way until Aug. 16-18th. What if that is my last test what am I supposed to do. By the time i find out the results, there will only be 2 weeks left in Q3 and probably all the dates will be reserved. So now I have to wait until Oct. to retake the test.

[Iceman6]

Yeah I called the PA state board and they said they aren't giving a grace period, so it looks like ill only have 2 shots at passing FAR before my AUD expires

[LonelyRonPaul]

If you have like one section remaining to take and you have it scheduled in Q2, it might be worth the hassle and extra registration fees to just try and take the exam within Q1 for the hell of it. Regardless of where you stand with studying. Who knows, maybe you will pass and not have to deal with that ridiculous gap for receiving your Q2 score (plus not having to deal with the 2017 exam changes)

FAR - 78, 5/7/16
AUD - 87, 7/16/16
BEC - 8/27/16
REG - 12/3/16

[Ninjaaaaa]

Anyone know if you sit in Q2 can you sit in Q3 even if you are waiting for the 10 week delay from Q2? I have credit expiring Q3 jus curious

[norseman88]

You cannot register to take an exam if you have an open score pending. So you will be unable to test in Q3 until your Q2 score is released, which will be after credit expiration. I would try escalating with the PA board and contacting NASBA to see if they can do anything. It looks like the Illinois board is extending credits expiring in Q3 if the candidate has three exams passed and is testing in Q2. There is no logic in the state board not extending your credit other than them being lazy and not caring about candidates. 18 month window means you can test 6 times, this change is only allowing you to test 5 times.

[Iceman6]

Im shooting NASBA an email, figured its worth a shot. This all will be moot if I pass in Q1, but would like some sort of a fall back plan if I dont pass

[norseman88]

Yeah, a fall back plan, as in the normal amount of testing windows you are entitled to. Let us know what NASBA says. BOL

[Iceman6]

The email I got was a picture cutout of a part of the “CPA Exam Update”:

“Candidates testing in the 2Q 2017 launch window may be impacted by the 10-week delay in score reporting. For example, candidates who have passed three parts and have credits due to expire in 3Q 2017 who test in 2Q 2017 and fail, would not receive their scores until Aug 14, 2017, making it unlikely they would be able to prepare for, or schedule to test in the remaining 3Q window. The board of accountancy is the only entity with the authority to grant extensions of conditional credit.

Nasba will provide reports to boards of accountancy, identifying all candidates who test in the second quarter of 2017 who have credit expiring and who could be impacted by the delay in score reporting. The determination to extend conditional credit will be determined on a case by case basis by the appropriate board of accountancy”

(emphasis mine)

So it appears NASBA has no control, but the interesting thing is that they say itll be a case by case basis

[norseman88]

Sounds to me like a what do you call it…. CONFLICT OF INTEREST!?!?!?!?! LOL, so the entity that collects a $50 registration fee every time you want to take an exam is the only entity with authority to extend credit? I get it, why allow a candidate 6 attempts at the exam when you can snub them with 5 attempts and collect an additional $50 after their exam expires. Probably even more money after your next credit expires from the delayed Q3 score release. Now that I think about it, this business model is genius! I think the DMV should close their offices for 4 months, then charge all owners that have vehicle license plate tabs (registration) expiring in those months a late fee for not renewing before expiration!

Might just have to throw in the towel and become a Charted Accountant.The Supreme Court of Canada released a decision in Bhasin v. Hrynew which revamps the understanding of how representations made during contractual negotiations are adhered to. This new duty of honest performance is a general doctrine of contract law that imposes as a contractual duty a minimum standard of honesty in contractual performance. It operates irrespective of the intentions of the parties, and is to this extent analogous to equitable doctrines which impose limits on the freedom of contract, such as the doctrine of unconscionability. For the defense of unconscionability to apply, the contract has to have been unconscionable at the time it was made; later circumstances that make the contract extremely one-sided are irrelevant. Sounds like you might get your extension in Canada.

[Author]

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