How does licensing work by state?

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  • #1624924
    LawGuy
    Participant

    If I get licensed in one state, can I transfer that license to any other state? Are there any conditions that would prevent someone licensed in a particular state to be unable to transfer that license to another state? Is there any strategic advantage as to which state to obtain your original licensure from?

    Thanks in advance.

    AUD - 86
    BEC - 85
    FAR - 81
    REG - 92
    Excelsior!
Viewing 5 replies - 1 through 5 (of 5 total)
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  • #1624928
    Anonymous
    Inactive

    Grab yourself a glass of wine and take a gander at this little monster:

    https://www.aicpa.org/Advocacy/State/DownloadableDocuments/UAASeventhEdition.pdf

    CPA licenses are predominantly more reciprocal than ever before. If you hit the 150 credit requirement, the work experience requirement, have passed the exams, have no felonies, and haven't had your license revoked, you're license should transfer easily.

    Also take a look at:

    https://cpamobility.org/

    If you're in private, you can generally hold yourself out as a CPA if you're not providing assurance and attestation services, but some states prefer that you specify where your license is held, e.g. “CPA (CA)” or “CPA (NV)” like in Texas. Most state boards completely honor the Uniform Accountancy Act in their regulations and will not bother with you unless you do actual Public Accounting services (e.g. sign off on financials, audit, compile, etc. from your AUD exam–NOT bookkeeping, FPnA, cost analysis, etc.).

    If you conduct actual Public Accounting services, you and your firm will most likely need to be registered in that particular state.

    #1624943
    Anonymous
    Inactive

    You're license = your license rather. Missed the edit window lol.

    #1642283
    Anonymous
    Inactive

    I wanted to double check something from tx cpa board:

    Say I take and pass all parts of the exam in a state that doesn't require 150 credits. How would I go from being licensed in that state to become licensed in any other state, assuming I passed the exam in a 120 hour state?

    #1642642
    Anonymous
    Inactive

    @amskhan – From my understanding, the only state/territory with a 120 hour requirement is the U.S. Virgin Islands, and they do not allow non-residents to sit. Just a few years ago if you didn't meet the requirements you could go to a state like Iowa and test as a non-resident who met the 120 hour requirement. You would not be able to be licensed in your home state if you did not meet the 150 hour requirement. This was a much cheaper option for those who worked in private and only wanted the letters behind their name on a resume.

    #1649636
    Anonymous
    Inactive

    I was looking at this website: colorado nasba

    On or after July 1, 2015, to be eligible for the examination as a candidate of Colorado, you must have completed a Baccalaureate Degree or higher degree with at least 120 credit hours of higher education that includes the accounting and business courses listed below:

    If I don't meet that requirement. I will just take 21 hours at a community college. I meet every requirement in a just about every non residency state other than the total 150 hour one. I will double check with the tx cpa board.

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