how do you request an extension of an expired credit

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    Topic
  • #1509177
    livealittle
    Participant

    I have passed all 4 sections, but it took me 19 months and 5 days.

    REG expired 11/28/16 and I passed FAR 1/5/17.

    can anyone advise me? might it be possible to get my REG credit extended to the end of Q1 2017?

    BEC - 8/8/16
    REG - 66, 77
    AUD - 81
    FAR - 9/8/16

Viewing 9 replies - 1 through 9 (of 9 total)
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  • #1509292
    Anonymous
    Inactive

    Be ready with any compelling reasons of the delay (why it took you longer than 18 months) before you CONTACT your State Board.

    In other words, make sure your final letter request is ready before you call and inquire the State Board. The executive director and/or staff are/is authorized to grant an extension of grade without having to seek the board of directors or wait for the board meeting for this kind of request.

    Good luck!

    (P.S.: What’s your reason?)

    #1509303
    EZ_Sims_4_me_Pls
    Participant

    you would need like….severe undue personal hardship in order for them to even consider it

    #1509336
    livealittle
    Participant

    what's considered a compelling reason?

    BEC - 8/8/16
    REG - 66, 77
    AUD - 81
    FAR - 9/8/16

    #1509361
    tacctfin11
    Participant

    They need to get rid of the time expiration. The CPA vs. the CFA all ready requires you to get an EXTRA 30 hours of college courses (in most states) and in addition you lose credit! for CFA you can take level one and if you pass it NEVER expires.

    The time expiry is a way to generate MORE MULA for the AICPA….22Million last year in testing fees alone….

    Debit Cash Credit Candidate Misery

    FAR- 76 01/08/2016 exp 08/04/2017
    AUD- 82 04/14/2016
    BEC- May 28th

    baby

    REG- TBD

    #1509367
    TBone
    Participant

    Does getting screwed in a divorce count as a compelling reason?? I'd have been done in December…

    FAR: 66, 75
    AUD: 67, 69, 70, 74, 74
    REG: 71, 79
    BEC: 73

    #1509373
    Anonymous
    Inactive

    Yes, it is. Divorce could be one of those compelling reasons.

    Loss of a loved one
    Sickness – physical and mental
    Job loss
    Car accidents
    Loss of a house/Foreclosures

    #1509384
    TBone
    Participant

    Shit…i could have taken a shot. I failed AUD in August and lost credit for FAR at the end of August. Then I passed AUD in November and just retook FAR and failed with a 69.

    I'm just going to tell myself it wouldn't have worked.

    FAR: 66, 75
    AUD: 67, 69, 70, 74, 74
    REG: 71, 79
    BEC: 73

    #1509408
    Anonymous
    Inactive

    Tony, sorry to hear that.
    But it's still worth a try even if you already attempted to retake your expired FAR. You can tell the State Board, you’re out of money, broke, couldn’t get a promotion at work without a CPA license, etc.
    Let them know that due to the negative impact of your recent divorce, it took you longer to pass AUD so ask the board to extend your FAR grade through Q4 last year. Yes, they already know but still mention that you lost FAR credit in Q3 of 2016 and passed your 4th section (AUD) in Q4.

    You already lost FAR so nothing more to lose to ask the board at this time. Better late than never, you’ll never know. Good luck!

    P.S. I lost two sections (AUD and FAR) myself in 2015. – a dying Mom and Dad with a cancer who both eventually died in 2014 and 2015, job losses (2x) and almost lost a house due to foreclosure, serious car accident causing severe physical injury and a totaled car, IBS for 3 months, husband’s back-to-back spine surgeries in 2015 and 2016 – what else? Hmm, lost count, LOL. I wrote our state board and asked for extension. However, 3 testing windows had already passed. The board was unable to extend my grade for FAR. There’s nothing else I could do, but at least I tried.

    I retook AUD and fortunately passed it again in Q4 last year. Now, I am retaking FAR tomorrow. I scored a 78 in 2014. I’ve only covered half of the materials at this time. However, I am making sure to at least browse those other chapters that I haven’t reviewed yet before the end of the day.
    What happened to your FAR retake? Can you give me some tips being in the same shoes of having FAR credit expired in the past?

    #1509433
    TXnewbie
    Participant

    I can attest to the reinstatement of an expired credit – I just passed FAR Q1 2017 as my final section – AUD was set to expire prior to Q1 2017 testing…

    I'm testing in TX jurisdiction; I contacted the director of the TSBPA directly to inquire about the possibility of an extension of the time prior to a credit falling off – she told me that is NOT possible in that jurisdiction (I referenced a similar circumstance to a candidate in WV; apparently, this is jurisdictional discretion, so do a bit of homework on your state site/ contact someone prior in an applicable state division prior to the decision-maker, etc); however, she alluded to the possibility of consideration for an extenuating medical circumstance.
    My father died Q1 2017, my grandpa died Q2 2017, my aunt died Q3 2017, and my mom was in ICU for 3 weeks Q4 2017 (emergency heart valve replacement, then a double-bypass, 14 hour surgery, that night needed 28 bags of blood/platelets, later told only a 2% chance of pulling through by the surgeon)…
    None of that mattered, save my mother, which was in the relevant time frame of the window of testing (I flew up from Texas to Michigan for all 4 of these events same day; however, the first 3 quarters of 2016 are a moot point/sunk cost). Since I was physically there for 3 weeks (provided proof) during October 2016, and my exam was mid-November 2016, and I was denied an extension of time to test, and subsequently scored a 74 in Q4 2016 (I scored a 74 Q2/Q3/and Q4 2016 on FAR), and I provided documentation from the hospital (as medical POA, they gave me a 30-page pdf same-day that I attached in my email to TSBPA), they extended my AUD time through Q2 2017. My REG (expiry 02/25/2017) and BEC (August or so 2017) was not extended. I re-sat for FAR on 2/23 and scored an 81 – I'm done.

    Summary – It is jurisdictional discretion, on a case-by-case basis. You will need a compelling reason, and to get your ducks in a row ahead of time. Speaking of loss of credit, I passed 10 exam sections in 23 attempts in almost 7 years before finally ascertaining the 4 within the requisite 18-month window…I've had 3 occasions where credit fell off on my 4th and final section scoring 74, 3 separate times. Don't give up. Don't ever, ever, give up – it will happen. Not necessarily in your timeframe, but perseverance will win the day, eventually.

    FAR - 75 (11/09) LOST credit
    REG - 79 (06/10) LOST credit
    BEC - 73 (05/03/10), 83 01/14/11 LOST credit
    AUD - 74 (02/28/11) 74!!! (05/30/11)

    2014
    BEC - 77 (02/18/14)
    AUD - April
    REG - May
    FAR - Later

Viewing 9 replies - 1 through 9 (of 9 total)
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