CA CPA deadline pushed to 2016 - Page 2

  • Creator
    Topic
  • #179134
    Anonymous
    Inactive

    So my friend just send me this article saying that the new unit requirement for CA CPA candidates has been pushed to 2016. WEEEEEEEEEWWWW!

Viewing 15 replies - 16 through 30 (of 31 total)
  • Author
    Replies
  • #429601

    @DiscoCisco – it does not give extra time to pass the exam, only get licensed.

    CA CPA - All because of the journey listed below
    -----------------------------------------------------------------------
    FAR - 53('10), 8/25/12 79 PASSED!
    REG - 66('11), 69('12), 12/06/12 77 PASSED!!
    BEC - 58('10), 74('12), 01/05/13 77 PASSED!!!
    AUD - 43('11), 66('12), 69('13), 74('13) 7/29/13 85 PASSED!!!!!

    (Combinations of Roger, Yaeger, Wiley Book, Wiley TB, & NINJA Notes)

    Ethics 90%

    #429602
    evesocal
    Member

    @littlenumberrobot, that was a prior proposal, I think – that you still had to pass all 4 exams in 2013 and if you did, you did not need 150 credits. But this article seems different:

    >>The new guidelines will extend present license pathways until December 31, 2015. That allows more time for current license candidates to study for CPA exam completion. Licenses will still be issued for accountants with passing test scores and a baccalaureate, along with mandatory experience. <<

    See what I mean? It says it allows more time for “candidates to study for CPA exam completion”. So it seems like you do not have to pass all 4 exams in 2013 anymore – at least IF this proposal passes. Pathways 1 and 2 continue through 2015. Or am I not understanding it?

    So confusing. This is a constant topic in my office and no one knows what to think.

    B: 75
    R: 80
    A: 77
    F: 81
    Ethics: 84, 92 and done!
    Licensed in California

    #429603

    I hope Eve's thinking is right, but then again – I have a few coworkers who passed quick and already took the classes but won't meet the experience until after the deadline. So I know some people who paid for courses will be pretty ticked…

    The 150 is silly though…I get why they would add the new specific requirements of 20 units relating to accounting and ethics courses but really, what does taking an astronomy course for 3 extra credits really have to do with your profession? It's a joke.

    B 71 - 79 EXPIRED
    A 69 - 75 EXPIRED
    R 65 - 48 - 45
    F 56 - 61 - 65 - 64

    Becker, Wiley Test Bank, Wiley Text and Ninja Notes

    "The fish who keeps on swimming is the first to chill upstream" -311

    Experience - Done, like WAAAY done.
    Still need 30 more credits, in basket weaving (gotta love new CA requirements)

    #429604

    It was a mess for the people I know who aren't getting their masters to register though…nothing available and the price for even a community college is through the roof now.

    Isn't there already a huge issue with impacted classes in CA? I know it was steadily getting worse when I graduated in 2011. This is not going to be any help.

    B 71 - 79 EXPIRED
    A 69 - 75 EXPIRED
    R 65 - 48 - 45
    F 56 - 61 - 65 - 64

    Becker, Wiley Test Bank, Wiley Text and Ninja Notes

    "The fish who keeps on swimming is the first to chill upstream" -311

    Experience - Done, like WAAAY done.
    Still need 30 more credits, in basket weaving (gotta love new CA requirements)

    #429605
    so1913
    Participant

    So wait, CA won't have a grandfather clause??

    Here were NY's requirements when they changed to 150 credits a few years ago:

    Effective August 1, 2009, applicants for licensure as a CPA will be

    required to meet New York’s 150 semester hour education requirements.

    An applicant can be grandfathered under the 120 semester hour

    requirement if:

    • They have submitted an application for licensure (the NYS Form 1

    and the $345.00 application fee) to the State Education

    Department that is postmarked by August 1, 2009; and

    • Their bachelors (or higher) degree is conferred by August 1, 2009;

    and

    • They have completed all of the course work required to meet the

    120 semester hour requirements by August 1, 2009.

    Applicants that meet the above requirements may be licensed based

    on 120 semester hours, even if they pass the CPA Exam after August 1,

    2009.

    It wasn't based on actually passing the exam. Fortunately I did all this by 2007, so even now when as I work to finish the exam, I will still be able to get licensed under 120.

    Most accounting programs are built around CPA requirements in that state. This is why a lot of schools are now offering 5 year programs to accomodate the increased 150 credit rule. I guess NY figured people should not be penalized that they were in an accounting program that was structured around the requirements at that time and to give folks a break.

    That sucks CA!

    AUD - 90 Pass
    REG - 70,61,81 Pass DONE DONE DOOOOONNEEE!!!!!!!!
    BEC - 79 - Pass
    FAR - 70,82 - Pass

    #429606

    Okay I came back and edited this to be more helpful. I'm sorry for anyone who read what I said before I had any coffee,,,,,

    @so1913 – No CA does not have grandfather clause.

    @eve…. the old legislation meant you had to PASS and have your license application(including all your experience signed off) in before 12/31/13 to apply under the old pathways… with this change NOW you may only pass your exams, and finish your experience up later and still apply under the pathways that were in place at the time you passed.

    @everyone else reading this thread… Read the legislation not just an article. The legislation is more a reputable source.

    Good luck to you all!

    CA CPA - All because of the journey listed below
    -----------------------------------------------------------------------
    FAR - 53('10), 8/25/12 79 PASSED!
    REG - 66('11), 69('12), 12/06/12 77 PASSED!!
    BEC - 58('10), 74('12), 01/05/13 77 PASSED!!!
    AUD - 43('11), 66('12), 69('13), 74('13) 7/29/13 85 PASSED!!!!!

    (Combinations of Roger, Yaeger, Wiley Book, Wiley TB, & NINJA Notes)

    Ethics 90%

    #429607

    Another good thread on this subject:

    https://www.another71.com/cpa-exam-forum/topic/california-cba-licensing-update#post-348879

    CA CPA - All because of the journey listed below
    -----------------------------------------------------------------------
    FAR - 53('10), 8/25/12 79 PASSED!
    REG - 66('11), 69('12), 12/06/12 77 PASSED!!
    BEC - 58('10), 74('12), 01/05/13 77 PASSED!!!
    AUD - 43('11), 66('12), 69('13), 74('13) 7/29/13 85 PASSED!!!!!

    (Combinations of Roger, Yaeger, Wiley Book, Wiley TB, & NINJA Notes)

    Ethics 90%

    #429608
    StephAV
    Member

    If you follow the link to the fastforward academy article it looks like someone from the CBA commented on the article saying they have their facts wrong!

    I was so happy when I saw the title of this thread too! Should've known!

    FAR - 7/13 - 72, 11/13- 74, 2/14- 82!!! Best score ever (for me)!!!
    BEC - 1/14 - 75!!! Perfect score! First Pass! YAY!!!
    AUD - 8/14 - 80!!!
    REG - 5/14 - 72, 10/14 - 66, 1/15 - 78 - DONE FOREVER!!!
    I did 5 of the UNA and CPAExcel classes to earn units.

    #429609

    @StephAV – Thank you for posting that! I hadn't seen the reply from CBA.

    CA CPA - All because of the journey listed below
    -----------------------------------------------------------------------
    FAR - 53('10), 8/25/12 79 PASSED!
    REG - 66('11), 69('12), 12/06/12 77 PASSED!!
    BEC - 58('10), 74('12), 01/05/13 77 PASSED!!!
    AUD - 43('11), 66('12), 69('13), 74('13) 7/29/13 85 PASSED!!!!!

    (Combinations of Roger, Yaeger, Wiley Book, Wiley TB, & NINJA Notes)

    Ethics 90%

    #429610

    I graduated with 148 units 🙁

    I've already registered at the local JC so I can meet the new requirements. It sucks to be so close, but at least it's only one class.

    #429611
    jeff
    Keymaster

    To piggy back on StephenAV's post:

    CA BOA: “Unfortunately, your article is not completely factual. The proposed legislation will not afford an individual any additional time to pass the Uniform CPA Exam. The extension of the licensure pathways would only apply to individuals who pass all four parts of the Uniform CPA Exam by December 31, 2013. Under the proposed legislation, an individual who passes all four parts of the Uniform CPA Exam by December 31, 2013 would have until December 31, 2015 to complete his/her experience, ethics examination, and fingerprinting requirements, and apply for CPA licensure under one of the two existing pathways.”

    Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

    #429612
    evesocal
    Member

    Thank you, StephAV and Jeff for clearing that up!

    B: 75
    R: 80
    A: 77
    F: 81
    Ethics: 84, 92 and done!
    Licensed in California

    #429613
    sarita
    Member

    When are they going to let us know if this legislature passes? The time is ticking!! I'd love to know if I can just concentrate on studying, or if I still need to worry about the other stuff!

    FAR 7/3/13 - 82
    BEC 8/21/13 - 82
    AUD 10/2/13 - 92
    REG 12/3/13 - 88

    DONE!!!! CA Candidate
    Beat the 12/31/13 clock!

    #429614

    @sarita

    check out this other thread:

    https://www.another71.com/cpa-exam-forum/topic/california-cba-licensing-update#post-348879

    Dave over there keeps a tight watch on the bill. Or click on the other links I posted and just keep checking to see when the decision is final. It's a close call, but basically you will still need to pass the exams by the end of the year anyways. You just won't be rushing to get in your application in December.

    CA CPA - All because of the journey listed below
    -----------------------------------------------------------------------
    FAR - 53('10), 8/25/12 79 PASSED!
    REG - 66('11), 69('12), 12/06/12 77 PASSED!!
    BEC - 58('10), 74('12), 01/05/13 77 PASSED!!!
    AUD - 43('11), 66('12), 69('13), 74('13) 7/29/13 85 PASSED!!!!!

    (Combinations of Roger, Yaeger, Wiley Book, Wiley TB, & NINJA Notes)

    Ethics 90%

    #429615
    sarita
    Member

    Thanks littlenumberrobot! You're always a lot of help. I know I'll have to still pass all the parts, but I'd love not worry about the other stuff right now.

    FAR 7/3/13 - 82
    BEC 8/21/13 - 82
    AUD 10/2/13 - 92
    REG 12/3/13 - 88

    DONE!!!! CA Candidate
    Beat the 12/31/13 clock!

Viewing 15 replies - 16 through 30 (of 31 total)
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