Exam Eligibility plan – will this work?

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  • #1738659
    Iceman
    Participant

    I am a Finance/MBA grad with 12 years in industry. I don’t have the accounting hours yet to sit for the CPA in Oklahoma – they require 30 and they don’t count 2000 level courses either, so I need 21 more hours. I am taking those hours thru Univ N. Alabama, which seem to be taking about 3-4 weeks per course. However, their courses match the Wiley exam review so I want to be able to sit for each exam immediately after I finish the review course for that exam:

    2 courses towards FAR/ 6 credit hours
    2 courses towards Audit
    2 courses towards REG
    1 towards BEC

    Maine requires only 15 hours to sit including 3 hours of Audit. I’m currently taking one of the FAR reviews. So my plan is to take Audit I next, then as soon as I have that credit on my transcript (UNA is self paced so it should show up immediately) register for the Maine exams and send in the updated transcripts showing my 9 existing hours of ACCT plus the 3 hours of FAR and 3 hours of Audit thru UNA. Then I will take the last FAR review course right before I sit for the FAR exam, then schedule each following exam for when I will complete each section of coursework. Once I have finished/passed the exams and have the 21 additional credit hours, I want to transfer my exam credits to OK (or another state if I find a new job over the summer) and that should qualify me to be licensed (work experience is not an issue).

    Will this work – at least for target states of OK, CO, and MN?

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  • #1738707
    Anonymous
    Inactive

    Are you planning to work in public? If not, unless your employer (or potential new employer) requires it, I don't know of a reason you have to be licensed in the state where you work or live. I'm working in industry in IL now, but I went to school in TX and worked there for a bit, so I'm getting licensed in TX. I don't plan to transfer my credits or apply for reciprocity in IL, as I don't see any need to do so. If anyone else knows of a reason it would matter outside of audit or tax prep, please share!

    #1781254
    j_accountant
    Participant

    Hi Iceman,
    I am wondering how it all worked out for you? I am in the process of taking accounting hours with UNA to sit for the exam in Maine. So far I havent found any info online or through the state boards that UNA credits would be OK and acceptable. CAn you help me out with this?

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