California CPA License Process

Congratulations! Not only you have taken and passed all four sections of the CPA Exam, but you have also accepted your dream offer in the state of California. You know, the land of Surfin’ U.S.A. by The Beach Boys, Silicon Valley and the Golden State Bridge, and of course The Wizarding World of Harry Potter at Universal Studios Hollywood 🙂

Perhaps, even more exciting, you, yes YOU, have soared past the big HUMP of the CPA licensing process. So even though it may not be Wednesday, you can always bring out your inner camel and let everybody know (especially Mike) what day it is: HUMP DAY 🙂

 

Post CPA Exam List: Bruno Mars The Lazy Song Edition

Today, we are going to update your post CPA Exam list to make sure you are on track to become a licensed CPA. Before doing so, let’s take a look at your list in its status quo.

  • Move into my parent’s basement
  • Sign a lease in the Mission District
  • Grab a Satori from Sushirrito
  • Sleep 12 hours a day
  • Play quidditch at Stanford (Go Gryffindor!)
  • Take a road trip to Los Angeles down California State Route 1
  • Spend the afternoon at Big Sur
  • Get lost at Urban Light in Los Angeles

 

Post CPA Exam List: Eurythmics Sweet Dreams Edition

Okay, your list sounds awesome! Please invite me when you get the itch to go and get all wanderlust. Let’s add a few items to transform your list to help you become a licensed CPA.

  • Bruno Mars The Lazy Song Edition
  • Pass the California Professional Ethics Exam
  • Obtain your work experience requirement
  • Submit your licensing application

 

The Golden State Licensing Process

In order for you to get the pretty three letters CPA on your business card, you need to pass the Professional Ethics for CPAs Exam. This California ethics exam covers all things related to the California Accountancy Act and Accounting Rules and Regulation in addition to the AICPA Code of Professional Conduct. On this exam, you will experience 50 multiple choice questions and will need to answer at least 45 questions correctly or earn a 90 percent or higher. For more information about the ethics requirement, please visit www.calcpa.org/ethics-exam.

As far as work experience is concerned, California requires that you have one year of accounting experience under a licensed CPA. In addition, if you are interested in signing attestation reports, you will need to gather 500 hours of relevant auditing or attest experience. If your experience is or will be in public accounting, please document it on this form: www.dca.ca.gov/cba/forms/gexp-pub.pdf. For non-public accounting experience, please document it on this form: www.dca.ca.gov/cba/forms/gexp-non.pdf.

Once you have your ethics exam and work experience completed, you are on your way to becoming a CPA. All that is left for you to do is to fill out the Application for Certified Public Accountant License. You will need to make sure that you submit $50, a 2” x 2” passport photo (remember to smile 🙂 ), and have a valid social security number. Please keep in mind that you will need 150 credit hours to become a licensed CPA. Although you could have passed the CPA Exam with a four year degree (120 credit hours), you will need to ensure that you earn the extra 30 credit hours. If you have any additional questions about licensing requirements, please visit www.thiswaytocpa.com and your state board for up to date information. As always, remember to breathe.

 
 

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