A few days ago
shiela

Taking the US Uniform CPA Exam?

I am a Filipina, not a US resident planning to take the US Uniform CPA Board Exam, because I plan of someday practising Accounting in the US.

I know that there are specific requirements for every state before you are allowed to take the CPA Exams. I am thinking of applying to the NY Board of Accountancy.

Ive read their requirements and I am not sure if I need to have further studies before I am allowed to take the exam.

Anyways, for those who took it, especially foreigners who were allowed to take it:

Is it hard?

Is there any state that will allow me to take the exam bearing only my outstanding Philippine CPA title and my CIA? or do i really have to attend a formal study, say, on taxation?

Please help…

Top 3 Answers
A few days ago
Scott M

Favorite Answer

EDUCATION

Eligibility for the examination must be on the basis of one of the following:

There are four ways under which you may meet New York’s educational requirements to sit for the Uniform CPA Examination:

1. Attend a New York State Licensure Qualifying Program in Accountancy

CPA Examination Services reviews education (see instruction below)

2. Attend other United States (U.S.) programs

CPA Examination Services reviews education (see instructions below)

3. Attend an Academic Institution outside of the United States or a combination of U.S. and non U.S.

New York State Education Department reviews education (see the instructions in your application packet or go to http://www.op.nysed.gov/cpa.htm.)

4. Have 15 years of public accounting experience

New York State Education Department reviews education (see the instructions in your application packet or go to http://www.op.nysed.gov/cpa.htm.)

TO MEET THE EDUCATION REQUIREMENT YOU MUST HAVE ONE OF THE FOLLOWING THREE (3) OPTIONS

Option 1 (only available through August 1, 2009)

A bachelor’s or higher degree and a minimum of 120 semester hours in the following areas:

– 24 semester hours in accounting, with courses in accounting principles (including advanced financial accounting), cost accounting, United States federal taxation, and external auditing; and

– 6 semester hours or 4 graduate credit hours in business law, including coverage of the

Uniform Commercial Code; and

– 6 semester hours in finance (No personal finance); and

– 3 semester hours in business statistics; and

– 21 semester hours in business and accounting electives; and

– 6 semester hours of economic principles which may be used toward fulfilling either the

business elective.

120-Hour Worksheet

Option 2

A bachelor’s or higher degree and 150 semester hours in the following areas, which include but are not limited to at least:

– 33 semester hours in accounting with courses in financial accounting theory and principles (including advanced financial accounting), managerial accounting, U.S. federal tax accounting, external auditing and computer auditing; and

– 36 semester hours in general business electives including business statistics,

commercial law, computer science, economics, finance; and

– The curriculum must also include the study of business/accounting communications, ethics/

professional responsibility, and accounting research.

150-hour Worksheet

Option 3

Fifteen years of public accounting experience acceptable to the State Board for Public Accountancy may be substituted for education.

Educational requirements must be met at the time of application.

Candidates with educational credentials outside of the U.S., must have their credentials evaluated by:

The New York State Education Department

89 Washington Avenue

Albany, NY 12234

(518) 474-3817 ext. 300

Is the exam hard? Yeah. There is about a 40% pass rate for each section of the 4 part exam.

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7 years ago
?
Hi Shiela,

Here is an updated list of requirements you must fulfill to take the CPA Exam if you wish to be licensed in New York: http://goo.gl/hBxQp2

If you are from any other state, you can get updated instructions on the requirements to take the CPA Exam here: http://goo.gl/4uXnc4

Best of luck as you study. Attaining the CPA designation is a career changing journey!

Regards,
Sarah

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A few days ago
Anonymous
for more links see

http://www.cpaexams.org/

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