| Are you contemplating to become a CPA and are | | | | accounting related and 24 hours to be business |
| currently working or living in California? In fact, | | | | related. |
| even if you live outside of CA, you can consider | | | | If you are not an accounting major, you can |
| to sit for the exam through California because of | | | | always take additional courses in accredited |
| its uniquely favorable CPA exam requirements. I | | | | educational institutions (online or offline) to make |
| am going to provide a step-by-step explanation in | | | | up for the missing accounting and business |
| the following article. | | | | courses. |
| An Overview On How To Obtain The CPA | | | | California CPA Licensing Requirement #2: CPA |
| License In The US | | | | Exam |
| First of all, to become a CPA in the US, you will | | | | Planning, studying and pass the CPA exam is |
| need to go through what is typically described as | | | | arguably the most difficult part in your CPA |
| "3Es": Education, Exam and Experience. You may | | | | journey. The 4 parts of the examination adds up |
| be interested to know that the CPA designation is | | | | to 14 hours and you have to pass all of them |
| granted by individual state (through its State | | | | within a 18-month window. The passing score is |
| Board of Accountancy) rather than at the federal | | | | 75 and the CPA exam pass rate is notoriously |
| level in the United States. In other words, each | | | | low at less than 50%. |
| state may have slightly different CPA exam and | | | | Well, before giving up, please note that there are |
| licensing requirements. | | | | many CPA exam review courses that can |
| Having said that, after the candidate is deemed | | | | considerably increase your chance of passing |
| qualified to sit for the CPA exam in the state, the | | | | success -- the major course providers boast a |
| candidate will take the "Uniform CPA Examination" | | | | passing rate as high as 88% for first-time |
| which is the same throughout the US. | | | | candidates. I myself was able to pass all the parts |
| This CPA exam has 4 parts covering everything | | | | on my first try. |
| a "qualified" accountant should know, including | | | | After passing the CPA exam you will be asked to |
| financial accounting, auditing, business law, ethics, | | | | take an ethics exam, but this is much easier |
| information system and taxation. | | | | when compared to the Uniform CPA examination. |
| The examination is 100% computerized and is | | | | California CPA Licensing Requirement #3: |
| administered at various sites throughout the | | | | Experience |
| United States. Non-US citizens and residents can | | | | In California, there are two routes (called |
| take this exam as long as they fulfill the CPA | | | | pathways) that you can choose to become a |
| exam requirements and are willing to travel to the | | | | licensed CPA in the state. Pathway I is for those |
| US to sit for the exam. | | | | who have obtained 120 semester hours and |
| After passing the 4 parts of the exam, the | | | | these candidates will need to gain relevant |
| candidate will need to fulfill the working experience | | | | accounting experience for 2 years in order to get |
| requirement which is mandatory in almost all | | | | the license. |
| states in order to get the CPA license. The | | | | Pathway II is for those who has 150 semester |
| working experience needs to be verified, and | | | | hours and they will only need to complete 1 year |
| depending on the state, supervised by an active | | | | of relevant experience before applying for the |
| CPA licensee. | | | | license. |
| California CPA Licensing Requirement #1: Education | | | | Please note that for both pathways, social |
| The State Board of California requires candidates | | | | security number is required which means that |
| to have at least a bachelor degree as well as 120 | | | | candidates coming from countries other than the |
| semester hours to sit for the CPA exam. Within | | | | US may not get qualified in California and may |
| the 120 semester hours, 24 hours has to be | | | | need to try other states. |