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If you’re in CPA Exam land, you or someone you know has probably struggled with the CPA experience requirement. Depending on your jurisdiction, you may be required to work under a CPA for 1-2 years in order to have your experience verified. However, thanks to NASBA’s new service, you are free from having to even know a CPA.
The Experience Verification Process
By facilitating communication with a licensed CPA, the NASBA Experience Verification service enables both international and domestic candidates meet the experience requirement. The licensed CPA NASBA connects you with will authenticate your time in the industry by reviewing your work and interviewing you. After you work with NASBA to initiate the service, experience verification will include
- A NASBA Client Manager assessing your specific circumstances and leading you through the application process
- A local provider verifying your work experience
- A U.S. CPA interviewing you
- NASBA preparing and submitting a comprehensive final report to the Board of Accountancy
The average experience verification lasts 4-6 weeks but can take as long as 12 weeks. No matter how long your experience verification endures, a NASBA Client Manager will lead you through every step. The Client Manager can even help you determine the jurisdiction to which you should apply for licensure. You interview with a licensed U.S. CPA may involve either a phone call or Skype video, and NASBA is researching the possibility of providing an interpreter for this occasion. At the end of the verification process, you will have access to the report on your work experience as well as the final recommendation NASBA sends to the Board of Accountancy.
The Experience Verification Application
To take advantage of the experience verification service, you have to do the following:
- Pass the CPA Exam
- Meet the Board’s educational requirements for licensure
- Acquire 1-2 years of accounting experience
As your verification progresses, you’ll need to upload copies of your passport, certificate of name change if applicable, and a letter of authorization. You won’t be asked to mail in hard copies of these documents.
Currently, NASBA only offers the Experience Verification service in the following jurisdictions:
- Washington, D.C.
If you have sat or will sit for the CPA Exam in another state, you may be eligible to transfer your scores to one of these jurisdictions to utilize the verification service.
To apply for the service, you have to fill out the form on NASBA’s website. Once you have submitted the form, a Client Manager from NASBA will contact you within 2-3 business days. Having your experience verified also necessitates paying a fee. At this time, the fee is $500 for domestic candidates and $700 for international candidates. NASBA accepts credit card payments for this fee through their online application system.
The Experience Verification Requirements
With the launch of this service, NASBA is moving the process of securing the CPA certification in an exciting direction. However, the requirement of passing the CPA Exam remains, and you’ll need a CPA review provider to help with that. Gleim CPA is here for you with our new CPA review. Our latest CPA course is powered by our unique SmartAdaptTM technology that adjusts to your study needs, so it will prepare you to pass the new CPA Exam better than any other course. See for yourself how Gleim can help you build exam day confidence by trying our free CPA demo today!
The article CPA Experience Verification Service: New from NASBA was first published on the Gleim CPA Blog.
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