Transcription
The CPA Exam andRequirements
An extra 1,024,870 with a CPA license.
Step 5Step 4Step 3Step 2Step 1Send transcripts to CBASchedule the exam sectionsReceive Notice to Schedule (NTS)Select sections and pay fees (within 90 days of receiving Payment Coupon)Submit application (Set up CBA Client Account at https://www.cba.ca.gov/cbt public/join form)Request “Expedited Transcript Request for CPA Exam” from CSUN athttps://www.csun.edu/acctis/students
Educational RequirementsBaccalaureate DegreeUnit RequirementsTo Sit for CPA ExamTo be LicensedNoYesMust be completed within 240 daysof applying to take the CPA exam.24 accounting units24 business units120 total units30 accounting units38 business units10 ethics units (3 in accounting)150 total units
CPAAccounting UnitsBUS Related UnitsEthics UnitsRequirements303810CSUN40Over 4010
CPA Ethics Requirement RS 361PHIL 305 or BLAW 368*ACCT 460ACCT 511* Or any other BLAW course.3 units3 units1 unit3 units10 units
“Test Drive” 30Actual check-inID confirmationDocumentation checkingImage capture of finger printAssignment of a lockerSeated at a computerSample test (at a computer for 15 minutes)Become familiar with parking, location,and commute time to the center.
The new CPA exam begins in 2024.Core–Plus–Disciplines Model . . .Core (all 3) Accounting & Data Analytics Auditing & AIS (Accounting Information Systems) TaxDisciplines (one of these) Business Analysis and Reporting Information Systems and Controls Tax Compliance and Planning
Accounting Courses for Each CoreAccounting & Data AnalyticsACCT 350 – Intermediate Financial Accounting IACCT 351 – Intermediate Financial Accounting IIACCT 352 – Intermediate Financial Accounting IIIACCT 450 – Advanced Financial AccountingACCT 475 – Governmental and Nonprofit AccountingAuditing & AISACCT 460 – Auditing Principles and AnalyticsACCT 465 – Advanced AuditingTaxACCT 440 – Income Tax IACCT 441 – Income Tax II
Accounting & Data Analytics 226.15Auditing & AIS226.15Tax226.15Discipline226.15Total 904.60Application Fee ( 50 re-application)100.00Total 1,004.60
NTS is good for 9 months.Candidates may sit for one or more sections at anytime and in any order. A section that is not passed cannot be retaken untilthe failing test score is released. Must pass all four sections within a rolling 18-monthperiod.
Rolling 18-Month Period1x1XZap! 1x12x2xXZap! 2x13x4x18 MonthsRequired3x3x3x1184x4x182x1x18
50%TESTLET 1: MULTIPLE CHOICETESTLET 2: MULTIPLE CHOICETESTLET 3: TASK-BASED SIMULATION50%TESTLET 4: TASK-BASED SIMULATIONTESTLET 5: TASK-BASED SIMULATION Two multiple-choice question(MCQ) testlets. Three testlets containing 8 taskbased simulations (TBS).
Accounting Experience 1 year in a CPA firm (public accounting) or 1 year in a non-CPA firm (private accounting or government) inthe accounting function and under the direct supervisionof a CPA. Auditing Experience (Optional) 500 hours Only required if authority to sign audit reports is desired.
A passing score is 75 Psychometrics &Psychometricians The MCQ testlets have two levels ofdifficulty – medium and difficult.The questions are weighted on the levelof difficulty.The difficult questions receive morepoints in reaching 75.
Testlet 1MediumWeakPerformanceTestlet 2Medium
Testlet 1MediumTestlet 2Difficult
International Testing Sites JapanJordanKuwaitLebanonNepalSaudi ArabiaScotlandSouth KoreaUnited Arab Emirates
Foreign Credentials Evaluation AnaheimBeverly HillsCulver CityLos AlamitosRedondo BeachWest Covina
Strongly Recommended CaliforniaBoard ofAccountancyUniform plicants/exambook.pdf
50 multiple choice questions90% score required300-page self-study course3 attemptsOne year to pass 150 ( 125 if member of CalCPA)Membership in CalCPA is free for students andfor one year while taking the CPA exam.
CPA Review Course Study time is used more efficiently.Strategies for taking the exam are learned.Practice doing task-based simulations.Keeps you disciplined and organized.Most efficient way to review what you’ve already learned.Increases probability of passing.Obtain immediate feedback from practice exams.Obtain practice navigating the computer screen and simulations.Might help avoid paying almost 1,000 again to retake the exam.
Must be completed within 240 days of applying to take the CPA exam. 24 accounting units. 24 business units. 120 total units. 30 accounting units; 38 business units
