You guys remember earlier this month when we found out that some eligible CPA exam candidates in New Jersey were incorrectly rejected by CPAES, the company the NJ Board uses to process exam applications? Yeah, well, that’s fixed now.
According to NJSCPA Director of Communications Don Meyer, the current NJ regulations regarding educational requirements to sit for the CPA Exam have been and will continue to be the “law of the land” until the State Board determines otherwise.
• Under the current regulations, applicants wishing to take the CPA exam prior to earning the full 150 credit hours must earn a bachelor’s degree from an accredited college or university, take 60 semester hours of “liberal arts” courses AND take specific government, finance and business courses.
• However, due to some confusion about the interpretation of those regulations, the Board will on an interim basis grant waivers to candidates to sit for the exam if they have 120 semester hours of general college level education and a bachelors degree.
To read more, check out this update from NJSCPA.