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Ask the NINJAs: Scheduling REG with Expiring BEC Credit


Dear NINJAs,

My BEC CPA Exam section that I passed previously is expiring on 01/31/2015.

I am planning on taking Regulation on the same date 01/31/2015.

Will I lose BEC if I take it on the same day? I called Prometric and they said I will not lose BEC if I take Regulation on the same day but I wanted to confirm with you also.

Thanks for your help and keep up the good work!

-Fyose

CPA-Review

 

Dear Fyose,

You're in good shape (assuming you pass REG – no pressure, or anything).

According to NASBA: “You have until the end of testing on the day your credit expires (emphasis added). Remember, when scheduling your examination, some testing centers are not open on weekends or holidays. For some jurisdictions, the expiration date for conditional credit may fall in a non-testing month.”

You have a few days until your exam, so make the most of it.

We NINJAs want to send you some free Individual Tax notes, which makes up approximately 16% of REG according to the AICPA's 2015 CSO.

In return, we ask for 16% of your celebratory REG cake (we NINJAs are partial to cheesecake, which technically isn't a cake…we get that).

-The NINJAs

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