I am trying to get confirmation as to whether or not I am able to hold myself out to the public as a "CPA" in Illinois if I don't have experience in public accounting after I pass the exam. I currently am planning to begin studying for the exam in the next couple months. I have 3 years of experience in corporate finance, in which I perform multiple accounting functions but my title is financial analyst.
Most websites say I need 1 year of "Public Accounting Experience". However, the Illinois Accounting Act states...
"Sec. 14. Qualifications. The Department may license as licensed certified public accountants the following:
(a) All persons who have received certificates as certified public accountants from the Board or who hereafter receive registrations as registered certified public accountants from the Department who have had at least one year of full‑time experience, or its equivalent, providing any type of service or advice involving the use of accounting, attest, management advisory, financial advisory, tax, or consulting skills, which may be gained through employment in government, industry, academia, or public practice."
I called the Illinois Department of Financial and Professional Regulation today and I asked very specifically if my current experience would satisfy the requirements. The person I spoke with could do nothing more than tell me repeatedly to read the Accounting Act found on their website, and could not refer me to anyone else for more help.
I am strictly going for the CPA so that I can bolster my credentials as a financial analyst. It is important that I am able to put CPA on my resume as I feel I may, in the future, be in a position where this can help me find better job opportunities or move up within the company I currently work.
Can anyone help provide me with an answer? I am aware that Illinois is shortly taking away the ability to receive a Certificate (they are going to a one tier state in July of 2012), so licensure is now the only option to hold yourself out to the public as a CPA.
AUD - 2012 - PASSED (YAEGER + NINJA NOTES)
BEC - 2012 - PASSED (YAEGER + NINJA NOTES)
REG - 2013 - PASSED (YAEGER + NINJA NOTES + NINJA AUDIO)
ETHICS - 2013 - PASSED
DONE!!! Thank you A71 for all the support! Hiya!!!