Many people considering accounting often wonder how long it takes to get their CPA license. With how competitive this market is, would-be accountants often look for shortcuts to get around a grueling exam process. Luckily, the requirements in Georgia are a little more relaxed than in other states. Anyone wishing to take the CPA Exam should start with these requirements.
CPA Exam requirements in Georgia are a little more relaxed than in other states. Anyone wishing to take the CPA exam should start with these requirements. What are the exam fees in Georgia? What is the exam format in Georgia, and what are the Exam Scores in the state?
The CPA Exam in Georgia
The CPA Exam in Georgia is a challenging test that covers various topics. Candidates who pass the exam are qualified to work as CPAs in the state. The CPA Exam is a computer-based test that may be taken at designated Pearson VUE testing centers throughout the United States. As of May 2017, the exam consists of four sections: Audit and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG).
The average CPA Exam candidate spends four months studying for the test. It’s common to review content for more than two hours each day.
What are the CPA Exam requirements in Georgia?
The CPA Exam requirements in Georgia are that candidates must have a bachelor’s degree from an accredited college or university with a concentration in accounting. They must also have completed at least 150 credit hours of coursework, including 24 credit hours in accounting and auditing. The CPA exam will consist of four parts:
- Financial accounting and reporting
- Regulation
- Business environment and concepts
- Financial accounting and reporting (focusing on internal control over financial reporting)
“We are confident that the new standards for entry into the profession will enhance opportunities for graduates while ensuring that the profession maintains its reputation as a market leader,” said Barry Melancon, AICPA president and CEO.
What are the CPA Exam Fees in Georgia?
The CPA Exam Fees in Georgia are $915. The CPA Exam Fees in Georgia for retakers are $815. All Fees are in USD. If you are applying for a CPA license in Georgia, the fee structure is as follows:
- The initial application for CPA licensure – $95
- Re-apply for your Georgia CPA license after suspension or revocation – $95 (this is the same fee as an initial application)
- Reinstatement of CPA license after a period of non-renewal – $85
- CPA license renewal – $80.50
- CPA Exam
What is the CPA Exam Format in Georgia?
The CPA Exam Format in Georgia comprises four sections: Auditing and Attestation, Financial Accounting and Reporting, Regulation, and Business Environment and Concepts. Each team has a maximum of 120 questions, which can be completed in four hours. In addition, a writing sample is required in which you are asked to analyze the relationship between business and society.
What are the CPA Exam Dates in Georgia?
The CPA Exam is offered in January, February, April, and May. The CPA Exam is offered in January, February, April, and May. Candidates can take one or more aspects of the exam during each window. A candidate cannot take the same part more than three times per window unless specific circumstances require an appeal. The four elements are:
- Auditing and Attestation (AUD) – covers the knowledge of auditing standards and principles
- Financial Accounting and Reporting (FAR) – covers financial accounting and reporting principles
- Regulation (REG) – protects the ethical and regulatory aspects of public accounting
- Business Environment and Concepts (BEC) – protects the business environment, risk assessment, and
What are the CPA Exam Scores in Georgia?
The CPA Exam Scores in Georgia are determined by the passing score set by the Georgia Board of Accountancy. The passing score is currently set at 75%. The table below shows the passing rates for each section of the CPA Exam. Exam Sections 2016 Passings 2017 Passings 2018 Passings Auditing 81% 81% 82% Business Environment and Concepts 78% 79% 80% Financial Accounting and Reporting 82% 83% 84% Regulation 83% 83% 84%
Those who don’t pass the exam on their first attempt will receive a report identifying the area(s) they need to improve.
The thing you should keep on your Mind
- What is the CPA Exam?
- What are the requirements to take the CPA Exam?
- What is the cost of the CPA Exam?
- What is the passing score for the CPA Exam?
- How many questions are on the CPA Exam?
- What is the duration of the CPA Exam?
- What is the format of the CPA Exam?
The CPA Exam Requirements
The CPA Exam is a challenging 4-part exam covering auditing, financial accounting, taxation, and management accounting. To sit for the CPA Exam, you must meet the education and experience requirements of the American Institute of Certified Public Accountants (AICPA).”
The CPA Exam is a challenging 4-part exam covering auditing, financial accounting, taxation, and management accounting.
Conclusion
The CPA exam is a challenging test covering a wide range of topics. To pass the exam, you need to know accounting and financial reporting. The exam is also designed to test your problem-solving and critical-thinking skills. If preparing for the CPA exam, set aside enough time to study and practice. The exam is scored on a scale of 0 to 100, and you must score at least 75 to pass.
