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DO YOU MEET THE REQUIREMENTS TO TAKE THE CPA EXAM? Each state sets its own requirements to take the exam. With
rare exceptions, there is no requirement that you be a citizen of the United States or a resident of the state in which you
want to take the exam. Most states require a degree (typically 120 semester hours of college) and some require
that you have 150 semester hours (equivalent to a bachelor's degree and one year of graduate study).
In addition to the semester hour requirement, most states require that you have a major in accounting or equivalent. Most
states interpret a major in accounting to include at least 24 or more semester hours of accounting courses. Most states also
expect that these accounting courses include certain subjects such as auditing, managerial, etc. If you would like to look
at more detailed requirements for the various jurisidictions just click this link. To get back to the present page, just close the new page that opens.
DESCRIPTION OF CPA EXAM
The four parts of the exam are:
Financial Accounting & Reporting. This is GAAP for business enterprises and also for governmental and not-for-profit
entities.
Regulation. Coverage includes ethics, professional and legal responsibilities, business law and taxation.
Auditing & Attestation. Expressing opinions on financial statements, attestation and other services involving
a thorough knowledge of GAAS, QC, and related subjects.
Business Environment & Concepts. Included in this module
are business structure, economic concepts, financial management, information technology and planning and measurement.
The exam is "on demand" meaning that after you apply to your state to take the exam and are accepted, you call
up the testing center nearest you and schedule a time to take the exam on their computers. Any parts of the Exam
can be taken in various two-month "Windows" such as January & February, April & May, July & August, and October
& November. (The Windows are the first two months of each calendar quarter.) Between each Window there
is a month (March, June, September, December) used for grading the exams and various other administrative tasks. We
recommend that serious students take at least one part and preferably two parts of the exam in each window until they are
CPAs.
It is important that you go to the CPA Exam Website and take the tutorial. It is particularly important that you read the material there about "Simulations" and about "Authoritative
Literature." It is also essential that you work through the simulation at this site that deals with the part of the
exam you are preparing to take (FAR, Reg or Auditing). Purchasing simulation software or subscribing to online simulations
is not recommended but working all three of the simulations at the Exam Website is desirable.
These classes will be offered at the Tysons Westpark Hotel, 8401 Westpark Drive, McLean, VA 22102. From I-495
(Capital Beltway) take Exit 47 (one of the Tysons Corner Exits). You will be travelling West on Leesburg Pike (Rte 7
West). At the sixth traffic light turn right onto Westpark Drive and into the Tysons Westpark Hotel.
ENROLL NOW
You can also fax us your enrollment. Just click the above "link" paragraph and fill in the form that comes up,
print the form and then fax it to us at 703-CPE-5745
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