Work Requirements for CPA

  • Creator
    Topic
  • #1751040
    DoubleBogey
    Participant

    I work in private and there are no CPAs at my place of employment. The state code says I need to work 2 years in such a field. Does that 2 years start after I have passed the entire exam? What kind of CPA type work should I be doing to fulfill the work requirements? (I work for a small company so there are not big departments- 3 people in Accounting).

Viewing 13 replies - 1 through 13 (of 13 total)
  • Author
    Replies
  • #1751042
    alloverit
    Participant

    Check with your state board.

    The general rule is that you need 1-2 years of accounting under the supervision of a CPA. It can be fulfilled before or after passing the exam.

    In your case, you would need to fulfill the requirement after passing the exam, unless there is a CPA working in another office that routinely reviews your work. That doesn't appear to be the case, however, if I'm understanding your situation correctly.

    #1751069
    Kodiak
    Participant

    Definitely check on this because it is usually experience under a CPA which means a CPA has to sign off on your application.

    #1751084
    DoubleBogey
    Participant

    The only CPAs we have that review any work are the auditors. I tried to get them to hire me first but they weren't hiring since they had a batch of fresh interns arriving at the time

    #1751088
    alloverit
    Participant

    Okay.

    Again, I would check with the state board to see if that's okay. If they're external auditors I'm guessing not. But checking with the board is a MUST!

    Because if you can't find someone who is acceptable to sign off on your experience you might have to actually switch jobs…not a decision to be taken lightly.

    #1751111
    Recked
    Participant

    Check out the NASBA experience verification service. Your state may or may not accept it.

    #1751129
    DoubleBogey
    Participant

    This is what the state board says under the CPE section.

    (2)  The following shall be deemed the equivalent of 
    one year of experience in public accounting:  Two years' 
    full­time employment in the accounting field in industry, 
    business, government or college teaching; or any combination of 
    the above; or any combination of the above and experience in 
    public accounting. Such experience in industry, business, 
    government or college teaching must be properly supervised, have 
    sufficient quality and depth, and meet one of the following 
    criteria for the duration of that qualifying experience: 
    (a)  For qualifying experience in industry or business, 
    the candidate must have been employed by a person or entity in 
    the performance of duties primarily involving the use of 
    financial accounting and auditing skills; the installation of 
    internal control systems; the use of management advisory, 
    financial advisory, or consulting skills; or compliance with 
    accounting aspects of tax or regulatory laws. 

    #1751132
    Recked
    Participant

    Find the experience verification form and read the instructions.
    See if there is a requirement that the supervisor be a CPA licensed in your state.

    #1751138
    DoubleBogey
    Participant

    @Recked I am in AL so NASBA doesn't handle my jurisdiction. I have a few months to figure it out. I just passed my first section in March and only have 120 CR hrs, but if I pass the two sections I take this window then I'll really be needing to know. Also, my state board is very hard to catch and talk to over the phone, and is located 3 hours from where I live.

    #1751142
    Recked
    Participant

    Did you just choose to ignore this part????

    https://www.asbpa.alabama.gov/PDF/rules/30-X-5-.06.pdf
    For the purposes of this section “public accounting shall mean full-time employment by a public accounting firm as a staff accountant and supervised by a practicing certified public accountant or registered public accountant holding a valid permit to practice in this or any other state. In addition, experience as a registered public accountant shall qualify as public accounting experience.

    From my reading of that text it appears you need to be supervised by a CPA licensed in your state.

    #1751148
    Recked
    Participant

    The Alabama State Board of Public Accountancy is considered a two-tier state. That means an Exam Candidate may pass the CPA examination and still receive a CPA certificate but not a permit/license to practice.
    All CPAs are required to document his/her work experience before being issued a permit/license to practice.

    I think you can receive a CPA certificate, but perhaps not be licensed to practice?
    I suggest you email Teresa Taylor, you have lots of time to receive a reply.
    I suggest using a throw away or generic email, just in case you dont want your name tied to this question.
    https://www.asbpa.alabama.gov/experience.aspx

    #1751153
    Recked
    Participant

    one year of experience in public accounting, or its equivalent as defined in (2) below

    What does that even mean? lol

    Strongly suggest you get a written clarification on this from Teresa Taylor.

    It almost reads as if they allow industry experience, but my initial instinct is that they will still require the industry experience to be under a licensed CPA.
    I think that's the normal requirement in MOST states, so I would be surprised if Alabama were any different but hey… its alabama so…

    #1751198
    DoubleBogey
    Participant

    Thanks Recked. It seems really confusing to me it seems to say both but the fact that industry is in CPE worries me. Thanks for the help. I'm super scatter-brained and that really could come back to bite me if I don't clarify it.

    #1751216
    fxbinbin
    Participant

    there are states that require your qualifying experience to be immediately preceding you passing the entire exams. You need to check with the Board you're hoping to receive license from.

Viewing 13 replies - 1 through 13 (of 13 total)
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