The 18 Month Rule

  • Creator
    Topic
  • #1449459
    SuckItUp
    Participant

    How EXACTLY does it work? Anyone know?

    Let’s pretend that you have 3 tests passed and 1 left.

    You have a test, call it AUD, that is going to expire on Feb 10th.

    Can you actually take your last test on Feb 10th? Or is the 9th the last day?

    Anyone know the rules?

    Thanks

Viewing 6 replies - 1 through 6 (of 6 total)
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    Replies
  • #1449462
    Missy
    Participant

    Depends on the state. As far as I know none say you have to test BEFORE that expiration date but some will give you until the end of the testing window. That date is a NASBA date not a state date.

    Licensed Massachusetts Non Reporting CPA since 2012
    Finance/Admin/HR Manager

    #1449474
    Anonymous
    Inactive

    Best to call your state board.

    #1449489
    SuckItUp
    Participant

    Just spoke with a buddy and he says that the AICPA tracks it by the MONTH, not the day. Our state defers to the AICPA.

    #1449509
    Anonymous
    Inactive

    It’s always the month-end of the 18th month after the day you tested.
    With that said, the Feb 10th or Feb 9th expiry date is just IMPOSSIBLE.

    To show you an actual example, I tested on 2/4/2016 for REG, the expiry date is 8/31/2017. From the end date of the month I tested, i.e., February (2/29/2016), AICPA gave me 18 months (March 2016-August 2017) to pass my fourth section to get licensed. If in case an extended testing date is granted in Q3 this year, let’s say Q3 is extended till September 10th, if I wouldn’t sit on 08/31/2017, and if I would sit on 09/10/2017 instead, our state board would count it as part of the testing window. My credit would still be good until 9/10.

    I saw one post not long ago, a candidate from NY was given 19 months of credit for one of the CPA sections he/she passed.

    We can’t go wrong by calling our state board to check how specific policies are being implemented.

    #1449618
    Missy
    Participant

    In some states the exam credit actually does expire on the actual 18 month anniversary not at the end of the testing window, a Feb 10 expiration is entirely possible in some but not all states. The words always and never don't apply to anything regarding the exam or licensing across the board.

    Licensed Massachusetts Non Reporting CPA since 2012
    Finance/Admin/HR Manager

    #1449648
    ruggercpa2b
    Participant

    In TN your 18 months start as of the date you took the test. So if I sit for my exam on Jan 5 my 18 month starts on that day. If you follow the link below and click on your state you should find the exam credit section. I just looked at NY and their exam credit begins and ends during the blackout month so for them they get a little more time.

    https://www.nasba.org/exams/cpaexam/

    AUD - 73, 72 retake 7/2/2016
    BEC - 8/20/2016
    REG - TBD
    FAR - TBD

    I am so ready for this nightmare to be over. Been at this way too long.

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