Question about new CPA exam requirement

[sniperruff]

I'm a NY resident and I'm considering to apply to the Rutgers MBA (NJ) in Accounting program... now as some of you would know, the requirement to take the CPA exam will become 150 undergraduate credits starting August 1, 2009... now I'm just wondering:

1) I think NY and NJ have slightly different requirements for taking the CPA, can I take the CPA in NY if i went to school in NJ?

2) If I have to take the CPA in NJ and I finish all 4 parts in NJ... will I become licensed in NJ instead of NY? Any Pros/Cons in that?

3) The 14-month MBA program runs from May 08' to July 09'... I can register for the CPA right after graduation and fall under the 120-credit old requirement then?

Thanks in advance.

 

[sniperruff]

nobody on the forums in an accounting student? =(

 

[axelfox]

Originally posted by: sniperruff
I'm a NY resident and I'm considering to apply to the Rutgers MBA (NJ) in Accounting program... now as some of you would know, the requirement to take the CPA exam will become 150 undergraduate credits starting August 1, 2009... now I'm just wondering:

1) I think NY and NJ have slightly different requirements for taking the CPA, can I take the CPA in NY if i went to school in NJ?

2) If I have to take the CPA in NJ and I finish all 4 parts in NJ... will I become licensed in NJ instead of NY? Any Pros/Cons in that?

3) The 14-month MBA program runs from May 08' to July 09'... I can register for the CPA right after graduation and fall under the 120-credit old requirement then?

Thanks in advance.

I'm not in the field, but I'm guessing:

1) Probably

2) Where else would be licensed if you took the entire test and passed in NJ?

3) I don't know.

Aren't accounting boards governed by the state?

 

[fallenangel99]

diff. states have diff. requirements. nj requires 1 year under a CPA (plus education, plus passing the exam). i'm sure NY is diff

http://www.nysscpa.org/trustedprof/1104/tp23.htm

Good luck, I too am thinking about sitting for the CPA.. but not sure if Accounting is something I want to get into.

 

[CPA]

1) Yes, you can. It doesn't matter where you got your education as long as you have enough credits to meet the state requirement.

2) If the states have reciprical agreements, then yes. Most do, but some don't (like Florida)

3) Check your board in the state that you plan to be licensed in, not the state you will take the test in. You will also have to meet the work experience requirements of the state you will work in, as well as the Ethics test, if required.

 

[sniperruff]

ah now i grasp the gist of it. thanks guys! merry christmas!