02-26-2010, 01:57 PM
Hi Noman,
I might not be very well aware of recent development regarding CPA USA but I would like to share what information I have. As far as I know there are 50 states and 5 jurisdictions which regulate CPA profession. Except for a very few states which require 120 Semesters credit hours study, most states and jurisdictions require 150 semester credit hours. Even the states which require 120 SCH have other requirements to meet with. In addition to that these 120 SCH state will have to go on 150 SCH by the end of 2010 as per requirements of National Association of State Board of Accountancy (NASBA).
Unfortunately, Pakistani CMAs and CAs are not eligible to write CPA exam and they have to take too many extra course to comply with the requirement of 150 semester credit hours. An important suggestion that is on anvil at NASBA is that they will require masters degree as minimum requirement. If approve, all states will have to adopt it by 2015. New York State Board is the leader of this proposal. This will make CPA a dream for Pakistani CMAs and CAs.
Since you got your APA designation through exemptions, I am afraid that you wont be able to get any credit hour for that. Please also consider other factor such as VISA arrangement to go to USA in current scenario and cost associated with travelling, food, lodging, fees etc.
There is a good detail regarding CPA US on this forum which you can access on the following link
http//www.accountancy.com.pk/forum/topic.asp?topic_id=7415
Regards,
GREAT KHANS
I might not be very well aware of recent development regarding CPA USA but I would like to share what information I have. As far as I know there are 50 states and 5 jurisdictions which regulate CPA profession. Except for a very few states which require 120 Semesters credit hours study, most states and jurisdictions require 150 semester credit hours. Even the states which require 120 SCH have other requirements to meet with. In addition to that these 120 SCH state will have to go on 150 SCH by the end of 2010 as per requirements of National Association of State Board of Accountancy (NASBA).
Unfortunately, Pakistani CMAs and CAs are not eligible to write CPA exam and they have to take too many extra course to comply with the requirement of 150 semester credit hours. An important suggestion that is on anvil at NASBA is that they will require masters degree as minimum requirement. If approve, all states will have to adopt it by 2015. New York State Board is the leader of this proposal. This will make CPA a dream for Pakistani CMAs and CAs.
Since you got your APA designation through exemptions, I am afraid that you wont be able to get any credit hour for that. Please also consider other factor such as VISA arrangement to go to USA in current scenario and cost associated with travelling, food, lodging, fees etc.
There is a good detail regarding CPA US on this forum which you can access on the following link
http//www.accountancy.com.pk/forum/topic.asp?topic_id=7415
Regards,
GREAT KHANS
