Cpa Requirements Essay

1156 words - 5 pages

CPA Exam Application Process
Educational Requirements

|Educational Requirements |Louisiana |Georgia |Texas |
|Baccalaureate Degree |Yes |Yes |Yes |
|150 Hour Rule |Yes |Yes |Yes |
|Eligibility to Sit |After Graduation |After Completion of Undergraduate |After Graduation ...view middle of the document...

An accounting internship is not acceptable as an elective accounting course; however, it is acceptable toward fulfilling the 150 total credit hours requirement.

Georgia: Minimum of 20 hours of accounting courses above the introductory level to take the exam. Minimum of 30 semester hours of accounting courses above the elementary level and 24 semester hours of business courses to be licensed.

Texas: Minimum of 30 upper level accounting hours. Minimum of 24 upper division hours of related business courses plus a 3 hour ethics course. Please refer to the Texas State Board of Public Accountancy website at www.tsbpa.state.tx.us for a list of approved ethics courses. Only accounting subjects tested on the CPA Exam are counted, e.g. International Accounting does not apply to requirement. The TSB also requires two semester credit hours in research and analysis relevant to accounting theory and two semester credit hours in accounting communications or business communications. In the opinion of the LSU Department of Accounting, ACCT 7250 or ACCT 7210 can be used to complete the research and analysis requirement, and ACCT 3222 can be used to meet the accounting communications/business communications requirement.

Reference Requirement
Louisiana CPA Exam candidates are required to submit three character references. The references must be Louisiana residents who have known the applicant for a period of 12 or more months.

References should be from CPAs or substantial and representative business or professional individuals. They should NOT be submitted by the following individuals:
• More than one member of a household
• Relative of the applicant
• Roommate
• Students
• University or college instructor unless they have had significant contact with the applicant outside the classroom
• Person having a financial or business connection with the applicant
• Present or former employers

Conditioning Requirements

|CPA Exam Conditioning Requirements |Louisiana |Georgia |Texas |
|Candidates can sit for each section individually and in any order |Yes |Yes |Yes |
|No minimum score requirement for failed sections |Yes |Yes |Yes |
|Failed section(s) cannot be taken within the same (3 month) window |Yes |Yes |Yes |
|Credit for passed sections retained for 18 months |Yes |Yes |Yes |

Certification Requirements

|CPA Certification Requirements |Louisiana |Georgia |Texas |
|Residency, Employment Required ...

Other Essays Like Cpa Requirements

Finance Summary Essay

601 words - 3 pages A new niche that will help with the growth of a CPA firm is to start selling financial services and products. Insurance, derivative transactions, variable annuities, and private equity investments are among many financial products that are offered by licensed professionals. In order for firms to succeed and grow in this new venture, CPA firms must follow rules and regulations to

Accounting Chapter 2 Essay

3107 words - 13 pages power to establish rules for any CPA associated with audited financial statements submitted to the Commission. 2-5 The AICPA is the organization that sets professional requirements for CPAs. The AICPA also conducts research and publishes materials on many different subjects related to accounting, auditing, management advisory services, and taxes. The organization also prepares and grades the CPA examinations, provides continuing education to

Arens Auditing

3936 words - 16 pages Chapter 1 The Demand for Audit and Other Assurance Services  Review Questions 1-1 The relationship among audit services, attestation services, and assurance services is reflected in Figure 1-3 on page 13 of the text. An assurance service is an independent professional service to improve the quality of information for decision makers. An attestation service is a form of assurance service in which the CPA firm issues a report about the

Internal & External Factors

959 words - 4 pages ethics and how to handle a breach of ethics; this starts with an ethical code of conduct. While Sutton-McCann does not have their own code of conduct in ethics, the Washington State Board of Accountancy does. They state: "every Washington CPA is required to understand and maintain their knowledge of Washington ethics and regulations. During each three-year reporting period after initial licensing the Board requires all individuals to complete

Audit Gleim

4660 words - 19 pages requires from client management a Written assertion.  Q.1 Which of the following is a professional engagement that a CPA may perform to provide assurance on a system's reliability? CPA SysTrust.  Q.1 According to the AICPA, the CPA WebTrust seal may relate to the principles and criteria of Confidentiality YES Availability YES Internal Controls NO  Q.1 Engagement letters for ElderCare (PrimePlus) services should Be tailored to fit

Financial Statement Analysis

1882 words - 8 pages develops and grades the Uniform CPA Examination. The AICPA maintains offices in New York City; Washington, DC; Durham, NC; and Ewing, NJ.The AICPA celebrated the 125th anniversary of its founding in 2012. The AICPA’s founding established accountancy as a profession distinguished by rigorous educational requirements, high professional standards, a strict code of professional ethics, and a commitment to serving the public interest. The AICPA’s

Auditing and Assurance

3301 words - 14 pages clients and engagements. Engagement performance. Personnel management. Relevant ethical requirements. 51. A CPA firm establishes quality control policies and procedures for deciding whether to accept a new client or continue to perform services for a current client. The primary purpose for establishing such policies and procedures is: A. To enable the auditor to attest to the integrity or reliability of a client. B. To comply with the quality

Retention Policy

4724 words - 19 pages , and prestige of the Ateneo de Zamboanga University and the Accountancy Program and must meet the following requirements to stay in the program and obtain the corresponding BSAT degree: Minimum GPA (for every semester or summer of study) | 1.75 | Minimum Final Grade: |   | * in CPA Board Related subjectsAccounting, Auditing, Taxation, Business Law, Finance 211, 212,  IT 131, 132 |  2.0 | * Business Education subjects:Management

Auo 1 Study

2528 words - 11 pages auditing but provided by auditors. 42. What other services can CPA firms provide? Tax, Auditing, Accounting and Assurance services 43. What is an attestation engagement? In compliance attestation engagements, CPAs address an organization's compliance with specified requirements, or its internal control over compliance with specific laws and regulations. 44. How do governmental auditing standards and financial auditing standards differ? GAAP

It511 Unit3

2429 words - 10 pages to produce that product. The project scope management consists of five processes: * Collect requirements- This process defines the specific details of a product’s functions and features. Defining the processes for creating the products is defined in this process and results in the following outputs: stakeholders’ requirements documentation, a requirements management plan and a requirements traceability matrix. * Define the scope- The

Audit Introduction Letter

1329 words - 6 pages , including reviews and audits of historical financial documents and audits of internal control over financial reporting. The purpose of this letter is to inform you of the different auditing and assurance services offered by our firm, the benefit each of these services provides to you, our client, and to inform you of the requirements for meeting the standards for the services we offer. Additionally, I would like to outline my role in providing

Related Papers

A Career As A Certified Public Accountant

1328 words - 6 pages CPA bill into law. Twenty-two members were part of the AICPA when it was formed in 1887. The 16th Amendment of the U.S. Constitution, ratified in 1913, permitted a federal income tax (Tysiac). In order to do any job there are some requirements and qualifications that you must meet. In the CPA world there is no specific gender that is required, but research shows that the majority are females. Researchers believe that the reason this is, is

Cpa V Cma Essay

1418 words - 6 pages and CMA certifications, are the requirements needed to qualify for the exams. Both the CPA and CMA require applicants to have completed an undergraduate academic degree program in Accountancy. Above this, CMA applicants must have also passed the Graduate Management Admission Test or GMAT and are also required to present proof that they have had at least two years working experience before they will be allowed to take the exam. The CMA is also a

Overview Of Audits Essay

1796 words - 8 pages , accounting, and assurance and attestation services. Through this paper the CPA profession and licensing requirements will be examined as well as how a CPA can be of value, and critiquing current auditing standards. The importance of ethics in the auditing process, role of reducing information risks for decision makers and how independent audits can help an organization will also be analyzed to gain a clear understanding of audits. Examine the CPA

Prompt Act Essay

1307 words - 6 pages talk and writing. An endless amount of skills and adeptness are highly recommended for accountants. After discovering what an accountant does and what abilities are required, I determined to study exactly how one becomes a CPA. Most of the requirements and data on evolving a CPA was supplied on the website of the California Board of Accountancy supplied me with. First of all, "a CPA is a certified public accountant and is allowed by the state