Obtaining the CPA credential is the pinnacle of achievement upon completing your accounting education. So, please make sure that you meet the educational requirements to sit for the CPA exam. Many students pursue the additional education necessary for the CPA exam through the Master of Accountancy (MAcc) program, while some choose to pursue the 150-hour requirement.
Regardless of the initial number of accounting hours required to sit for the CPA exam in your state of application, you must complete all of the accounting courses required by the State of Alabama to be academically prepared for the exam. You don’t want to sit twice!
Additional things to consider:
- ACCT 5700 (Advanced Business Law) is required by the State of Alabama to meet the 33 hours of accounting hours, but the State of Georgia does not recognize Advanced Business Law as part of the 30 required hours in accounting. You need this class before sitting, because it covers material tested on the Regulation (REG) section of the CPA exam.
- ACCT 4920 (Accounting Internship) is an appropriate accounting elective at Auburn, but it will most likely not be treated as an upper level ACCT course for CPA exam purposes.
- If you are a 150-hour candidate, you are better served to choose an accounting elective such as ACCT 5130 (Advanced Accounting Topics) instead of ACCT 4920, if you have flexibility during your fall semester. ACCT 5130 is heavily tested on the Financial (FAR) section of the CPA exam, and it’s offered at the undergraduate level fall semester only.
Consult the NASBA (National Association of State Boards of Accountancy) website for your particular state before embarking on the CPA Exam application process. To learn more about the new CPA exam which launches April 1, 2017, you must read the The Candidate Bulletin published by the NASBA and the AICPA. The Candidate Bulletin is extremely informative and helpful!