On Monday, the National Association of State Boards of Accountancy (NASBA) “announced the adoption of an amendment to the Uniform Accountancy Act Model Rules pertaining to the Uniform CPA Examination (Exam).”
In part, NASBA’s amendment recommends that state Boards of Accountancy extend the window for passing the CPA Exam to 30 months. Next, the Florida Board of Accountancy (BOA) will decide whether to extend our state’s window accordingly. It is important to note that until the Florida BOA determines its position on NASBA’s recommendations, there are no permanent changes in place to the current 18-month exam window in Florida.
Separately, students, candidates and educators should be aware that a temporary extension to the exam window is already in place related to the launch of the new CPA Exam, set to take effect on Jan. 1, 2024. The Florida BOA recently passed a resolution to extend the window for those taking the new Exam. This temporary extension provides a longer period to pass all four sections.
Who does this temporary extension affect? Anyone taking one or more parts of the CPA Exam between now and Dec. 31, 2023, OR anyone with scores set to expire between Jan. 1, 2024, and June 29, 2025. Those affected will have until June 30, 2025, to pass all four sections of the Exam.
The FICPA will continue to monitor the situation and communicate any and all changes that students, candidates and educators need to know.
Topics
