How the 18 months- to pass the exams works?

  • Creator
    Topic
  • #176769
    Anonymous
    Inactive

    Hi there,

    As per my understanding, after passing one exam (or exams, if you passed more) you have 18 months to pass the rest.

    what happen if the 18 months ends up and I failed one for example? I must re-start with the whole bunch of exams again?

    I’m confused in how this works?

    Someone that explains this?

    THanks

Viewing 6 replies - 1 through 6 (of 6 total)
  • Author
    Replies
  • #407279
    MCLKT
    Participant

    Each exam has its very own 18 month lifespan. Based on how your state operates, the clock will start ticking on the day you took the exam, the last day of the month you took the exam, or possibly the last day of the quarter you took the exam.

    So, it's a rolling schedule.

    A:[73]97 F:[74]85 R:86 B:[74]82
    *NINJA 10 Pt. COMBO & Yaeger*

    #407280
    Anonymous
    Inactive

    Exactly what MCLKT said.

    If you pass Audit Feb 28 2013, it stays “passed” for 18 months (Until August 28 2014). If you pass that date you would have to take Audit again. Anything you passed after Feb 28 2013 would continue to stay “passed” until its own 18 month window elapsed.

    I was not aware other states had other ways of doing the window which is neat. The whole question of “does it start the day I took my exam or the day after?” was always annoying. Simply counting everything if it happened the last day of the quarter seems like a great thing and doesn't really add much to the 18 month window.

    As always, you can check with your state board for their specifics.

    #407281
    Tncincy
    Participant

    I thought the clock starts when you actually pass your first part…..

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    #407282
    Anonymous
    Inactive

    @tncincy,

    the clock starts when you pass your first part so you need to have all four exams passed within 18 months of that first exam. Some states the expiration varies as stated above. However if you lose that credit because you did not pass all four within the 18 months, then a “new” 18 month window will begin with the next exam that was passed.

    Example (my own personal story):

    July 2010 passed FAR

    numerous exams failed during 2010 and 2011

    Oct 2011 passed BEC

    January 2012 lost credit for FAR so my new window starts with the Oct 2011 exam that was passed.

    #407283
    Tncincy
    Participant

    Oh ok I get it. of course my goal is to get it done in the 18 month window. I don't think I can deal with expired scores and have to retake after passing. Failing is one thing, passing to retake…oh on. Lord help me to study, study study .

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    #407284
    Anonymous
    Inactive

    Guys, this is the explanation I found, that it suggest as MCLKT commented, that actually the 18 months is per section, looks like you have that time to pass all the exams but if you don't you would repeat the one expires that period of time.

    I'm contacting the Accountancy Body of the state I will be presenting, looks like no one wants really to repeat an exam twice, however is hope that you do it and pass it successfully just in case something happens in that period. thanks!!

    HOW MUCH TIME DO I HAVE

    TO PASS ALL SECTIONS OF THE EXAM?

    Each state board establishes its own policy about the time

    frame for passing all sections. The AICPA recommends a

    rolling 18-month window in which a candidate must pass all

    sections of the exam. Passing one section opens the 18-month

    recommended window. If a candidate passes additional sections

    within the 18 months, but not all three, credit for the first section

    passed may be lost because the 18-month window is exhausted.

    A new 18-month window would then have opened with the

    second part passed. If the candidate passes the remaining

    sections, including the one for which credit was lost, within 18

    months, the required time frame has been met. Be sure to check

    with your jurisdiction’s board for specific rules.

Viewing 6 replies - 1 through 6 (of 6 total)
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