Follow along as I study for the CPA exam and finally earn my license
The California Board of Accountancy ("CBA") has the below four categories that have to be completed to quality for a CPA license.
Check out each section below to follow my progress for completing them all. I'm on schedule to finish all requirements early 2023.
Exam - 50% complete
Four sections of the CPA Exam. I must complete the remaining sections by November 2023 to avoid losing existing exam credits.
FAR - Financial Accounting and Reporting - PASSED May 2022
AUD - Auditing and Attestation - PASSED August 2022
REG - Regulation - on schedule to test in November 2022
BEC - Business Environment and Concepts - on schedule to test in January 2023
Education - 91% complete
Note: The below breakout has not been reviewed by the California Board of Accountancy and is my own estimate of how I expect my credits will apply to their requirements.
My Master's degree is in Finance and not Accounting, which means I have some catch-up work to meet the additional accounting education requirements.
24 Semester Units - Accounting Subjects
Intro to Financial Accounting (4)
Accounting Information & Business Process 1 (3)
Accounting Information & Business Process 2 (3)
Cost & Managerial Accounting (4)
Auditing 1 (3)
Intro to Federal Income Tax (3)
ENROLLED FALL 2022 - Entrepreneurial Accounting (3)
24 Semester Units - Business-Related Subjects
Analytic Geometry and Calculus 1 (4)
Principle Microecononmics (3)
Principle Macroeconomics (3)
Survey of Calculus 1 (3)
Survey of Calculus 2 (3)
Statistics and Business Decisions (4)
Business Finance (4)
20 Semester Units - Accounting Study
Financial Accounting (4)
Intro to Statistics 1 (3)
Principles of Management (4)
Operation Supply Chain Management (4)
Managerial Economics (4)
Accounting with Quickbooks (2)
10 Semester Units - Ethics Study
Management of Financial Institutions (3)
Business Issues & Ethics (3)
ENROLLED FALL 2022 - Accounting Ethics (4)
Experience - 100% complete
In the first part of my career I worked in fund administration at State Street Corporation, in Boston, working at every level of financial statement preparation and review.
Ethics - 0%
The Professional Ethics for CPAs exam is usually completed after the other CPA requirements have been fulfilled. I will take this 50-questions multi-choice test in January 2023. CalCPA: Ethic Exam FAQs