When do you actually lose a passed test?

  • Creator
    Topic
  • #2110515
    Ciara
    Participant

    I feel like this is a no brainier but it makes me nervous. I have passed FAR, BEC and AUD. I just failed REG for the second time. I lose FAR on 1/11. Does that mean I can take REG up until 1/10? Just trying to figure out how much time I have. SO bummed right now!!!

    Any advice is much appreciated. I got 72 on reg the first time and a 68 the last time.

    AUD - 68 (did not prepare) rematch November 2012
    REG - TBD
    FAR - 10/22/2012
    BEC - TBD

    Using becker self study.

Viewing 9 replies - 1 through 9 (of 9 total)
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  • #2110530
    felixsphone
    Participant

    First off, sorry that sucks. I hope it works out. You can do it, a little discipline goes a long way.
    ‘Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.' – Francis of Assisi

    As far as the 18 month, I believe you are correct. The best authority would be NASBA if you can contact and receive that confirmation. And of course, they layout a bad example of what you want to happen in their FAQ.

    I took REG yesterday, and if I have to re-take it I'm going to hammer on the forms for the SIMS, and pay closer attention to non-tax MCQ's.

    https://nasba.org/features/cpa-exam-application-process-faq/

    Question: Exam credit is good for a “rolling” 18 months. How does that work?

    Answer: You may take sections individually and in any order, but are required to pass all four sections of the CPA Exam within a rolling 18-month period. Credit for any section passed shall be valid for 18 months from the actual date the examination sections were taken. Examination credit expires by section. You will lose credit for each section passed outside the 18-month period, and will have to retake those sections. Your score notice will contain any relevant expiration dates.

    For example: Let’s say you passed AUD on your first try. After a couple months, you successfully complete BEC, and then pass FAR. If you were to sit for the REG section on the last day before your credit for AUD expires, and you fail REG, you now have to sit for and pass AUD and REG by the time your credit for BEC expires.

    #2111055
    ak_cpawannabe
    Participant

    I think you are right. My first exam was going to expire 11/27/2018. I took my last exam on 11/26/2018 and thank you cpa God’s I passed. And first exam did not expire. I asked Nasba about this before exam and they said to ask my board. I asked board and they said it doesn’t matter when you get your score but matters when you take the exam. That’s why i took it one day before expiration.

    #2111304
    jules1268
    Participant

    My 18 month window was up on REG on 11/16/18, with an expiration of 11/30/18. I took my last one, FAR, on 11/15/18 and passed. All sections say credit. I took REG May 16, 2018 and wanted to make sure I was in the window so took FAR Nov. 15. I still have this fear I screwed up so until I get my official letter I'm a little paranoid. But should be ok.

    #2111313
    Recked
    Participant

    I believe the 18 month rolling window start date is different for different states.
    Some states use the date you took the exam, some states use the date you received the score, and other states use the end of the testing quarter in which you passed.
    Due diligence is a must, you should research directly with your state board as the NASBA information is sometimes inaccurate.

    I would sit inside the 18 month from your passed exam sit date, just to be safe, unless you can get something is writing stating otherwise.
    Good luck, final push!! you can do it!!

    #2111430
    jeff
    Keymaster

    Call your state board and ask – as someone who lost one (FAR), it isn't fun.

    #2111628
    SGood
    Participant

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

    I am waiting on my final exam score and it is set to be released AFTER my first credit expires. Will I lose my exam credit?
    As long as you TAKE your final exam section BEFORE your first exam credit expires and when you receive your score it is passing, then you would not lose that first exam credit. All expiration times are set on Central Standard Time and are not calculated by your exam appointment time. If your first credit expires on January 31st, the latest you would want to take your final section would be January 30th.

    #2112033
    Small4
    Participant

    I think youre right, as the person suggest above, sit INSIDE, I wouldn't even dare to take the exam the day of your expiration. Hopefully you can get a slot to take it still. Just know your experience is exactly like mine, passed 3 first, then failed FAR 2x before getting a passing score finally with about a month left pre expiration. Good luck!

    BEC - 68,70,72,75 5/15
    AUD - 78(expired), 77 8/15
    REG - 29,58,65,77 1/16
    FAR - 56,68,73 - retake October hopefully (last shot)

    Been doing this since 2007 on and off...

    #2113809
    NoName
    Participant

    If it makes you feel any better I lost credit for ALL OF MY EXAMS.

    I took all exams around 10 years ago and passed them all first time with the exception of REG. I took it one extra time but still did not pass. REG was my Achilles heel. At the time I was working in the BIG 4 in probably one of top most competitive offices.

    Once my first exam expired it was like a set of dominoes and pretty soon I had lost them all. You have no idea how bitter this made me but it is something I had to accept.

    Yes, this was a very stupid move on my part (waiting for the laughs from the other forum members). Low and behold 10 years later I have resumed the process and just recently took my first exam. I am at a point in my career where having the CPA makes a huge difference (controller positions and above).

    The irony is that I actually recall so much of the information and it feels about 50% easier to study as compared to my first go around.

    #2114190
    Recked
    Participant

    Indeed, real world experience gives you a leg up on the candidates fresh out of school that only know textbook.

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