The Certified Public Accountant (CPA) exam is a highly sought-after credential for aspiring accountants. It requires candidates to pass four rigorous exams covering various accounting and auditing disciplines. The CPA exam is administered by the American Institute of Certified Public Accountants (AICPA) at Prometric testing centers.
The CPA exam schedule for 2024 offers multiple testing windows throughout the year, providing candidates with flexibility to plan their exam strategy. This article provides an overview of the key dates, registration process, and important information related to the CPA exam in 2024.
To ensure a comprehensive understanding of the CPA exam schedule, let’s delve into the details of each testing window, registration deadlines, and crucial steps involved in the exam application process.
CPA Exam Schedule 2024
Plan your journey to CPA success with these key points about the 2024 exam schedule:
- Multiple Testing Windows
- Year-Round Availability
- Four Exam Sections
- Rolling Application Process
- Early Registration Recommended
- Strict Deadlines for Each Window
- Online Application Required
- NASBA Account Creation
- Exam Fees Apply
- Score Release Timeline
Stay informed and organized as you navigate the CPA exam process in 2024. Check the AICPA website for the latest updates and detailed information.
Multiple Testing Windows
The CPA exam is offered in multiple testing windows throughout the year, providing candidates with the flexibility to schedule their exams based on their personal and professional commitments. This allows candidates to plan their study schedule and exam strategy effectively.
In 2024, the CPA exam will be administered in four testing windows:
- January 1 – March 10
- April 1 – June 9
- July 1 – September 8
- October 1 – December 15
Each testing window offers candidates the opportunity to sit for one or more of the four exam sections: Auditing and Attestation (AUD), Financial Accounting and Reporting (FAR), Regulation (REG), and Business Environment and Concepts (BEC).
Candidates can choose to take the exams in any order, although it is recommended to start with FAR as it serves as the foundation for the other sections. It’s important to note that candidates have 18 months to complete all four sections once they pass their first exam.
By providing multiple testing windows, the AICPA aims to accommodate the diverse needs of CPA candidates and allow them to progress through the exam process at a pace that works best for them.
Year-Round Availability
The CPA exam’s year-round availability is a significant advantage for candidates, allowing them to plan their exam schedule according to their own pace and commitments. This flexibility is particularly beneficial for working professionals who need to balance their studies with their job responsibilities.
With multiple testing windows and the option to take the exams in any order, candidates can create a study plan that aligns with their personal and professional circumstances. This can help reduce stress and improve the overall exam experience.
Furthermore, the year-round availability of the CPA exam allows candidates to retake a section if they do not pass on their first attempt. Candidates have up to 18 months to complete all four sections once they pass their first exam, providing ample time to prepare and improve their performance.
The AICPA’s commitment to year-round exam availability demonstrates its understanding of the diverse needs of CPA candidates and its commitment to providing them with the opportunity to achieve their professional goals.
By offering year-round testing, the AICPA ensures that candidates can progress through the CPA exam process at a pace that suits their individual circumstances and allows them to maintain a healthy balance between their personal and professional lives.
Four Exam Sections
The CPA exam consists of four distinct sections, each covering a different area of accounting and auditing. Candidates must pass all four sections to earn their CPA license.
- Auditing and Attestation (AUD): This section covers the principles and procedures of auditing, as well as the reporting of financial statements.
- Financial Accounting and Reporting (FAR): This section covers the preparation and presentation of financial statements in accordance with U.S. GAAP.
- Regulation (REG): This section covers the rules and regulations governing the accounting profession, as well as federal taxation.
- Business Environment and Concepts (BEC): This section covers general business knowledge, including economics, corporate governance, and information technology.
Each section of the CPA exam is four hours long and consists of multiple-choice questions, task-based simulations, and written communication tasks. Candidates must achieve a score of 75 or higher on each section to pass.
The AICPA recommends that candidates start with the FAR section, as it serves as the foundation for the other sections. However, candidates can choose to take the exams in any order.
By dividing the CPA exam into four sections, the AICPA ensures that candidates have a comprehensive understanding of the various aspects of accounting and auditing, and are well-prepared to perform their professional duties as CPAs.
Rolling Application Process
The CPA exam application process is rolling, meaning that candidates can apply throughout the year. This allows candidates to start the application process as soon as they are ready, without having to wait for a specific application period.
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Create a NASBA Account
To apply for the CPA exam, candidates must first create an account with the National Association of State Boards of Accountancy (NASBA). This account will be used to manage the application process and track exam results.
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Submit Online Application
Once a NASBA account is created, candidates can submit their online application for the CPA exam. The application requires personal information, educational background, and work experience details.
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Pay Application Fee
A non-refundable application fee is required to submit the CPA exam application. The fee varies by state, so candidates should check with their state board of accountancy for the specific amount.
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Receive Authorization to Test (ATT)
After the application is reviewed and approved, candidates will receive an Authorization to Test (ATT) from NASBA. The ATT allows candidates to schedule their exam appointments within the testing window they have selected.
The rolling application process provides candidates with the flexibility to apply for the CPA exam at a time that is convenient for them. This allows for better planning and preparation for the exam.
Early Registration Recommended
While the CPA exam application process is rolling, early registration is highly recommended for several reasons:
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Secure Preferred Testing Date and Time
Registering early allows candidates to secure their preferred testing date and time. Testing appointments are filled on a first-come, first-served basis, so early registration increases the chances of getting a desired testing slot.
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Avoid Late Fees
NASBA charges a late fee for applications submitted within 30 days of the testing window. By registering early, candidates can avoid this additional fee.
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Ample Time for Preparation
Registering early provides candidates with more time to prepare for the exam. This allows them to develop a comprehensive study plan and allocate sufficient time for each section.
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Reduced Stress and Anxiety
Registering early can help reduce stress and anxiety related to the exam. Knowing that the application and scheduling process is complete allows candidates to focus solely on their studies.
Therefore, candidates are strongly encouraged to register for the CPA exam as early as possible to take advantage of these benefits and ensure a smooth and successful exam experience.
Strict Deadlines for Each Window
The CPA exam schedule has strict deadlines for each testing window. Candidates must adhere to these deadlines to ensure their eligibility to sit for the exam.
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Application Deadline
Candidates must submit their CPA exam application well in advance of the desired testing window. The specific deadline varies by state, but it is typically several weeks before the start of the window.
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Scheduling Deadline
Once the application is approved, candidates must schedule their exam appointments within the designated scheduling period. This period typically opens a few weeks before the start of the testing window and closes a few days before the exam date.
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Payment Deadline
Candidates must pay the exam fees by the specified deadline to confirm their exam appointments. Failure to pay the fees on time may result in the cancellation of the exam.
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Rescheduling Deadline
Candidates who need to reschedule their exam must do so before the rescheduling deadline. This deadline is typically a few days before the original exam date.
It is crucial for candidates to be aware of these deadlines and adhere to them strictly. Missing a deadline may result in the inability to sit for the exam or additional fees.
Online Application Required
The CPA exam application process is conducted entirely online through the NASBA website. Candidates can access the online application portal using their NASBA account.
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Create NASBA Account
Candidates who do not have a NASBA account must create one before they can apply for the CPA exam. The NASBA account serves as a central hub for managing the application process, scheduling exams, and tracking results.
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Complete Application Form
Once logged into their NASBA account, candidates can access the CPA exam application form. The form requires personal information, educational background, work experience details, and exam preferences.
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Upload Supporting Documents
Candidates must upload supporting documents along with their application. These documents may include transcripts, proof of work experience, and a passport-sized photograph.
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Pay Application Fee
A non-refundable application fee is required to submit the CPA exam application. The fee varies by state, so candidates should check with their state board of accountancy for the specific amount.
The online application process simplifies the application process and allows candidates to apply from anywhere with an internet connection. It also ensures that all applications are processed efficiently and securely.
NASBA Account Creation
Creating a NASBA account is a prerequisite for applying for the CPA exam. This account serves as a central hub for managing the application process, scheduling exams, and tracking results.
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Access NASBA Website
To create a NASBA account, candidates must visit the NASBA website and click on the “Create Account” link.
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Provide Personal Information
Candidates will be prompted to provide personal information such as their name, email address, and mailing address. They will also need to create a password for their account.
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Verify Email Address
Once the account is created, candidates will receive an email from NASBA containing a verification link. They must click on this link to activate their account.
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Complete Profile
After activating their account, candidates can log in and complete their profile. This includes providing additional information such as their educational background, work experience, and exam preferences.
Creating a NASBA account is a simple and straightforward process that takes only a few minutes. Once the account is created, candidates can use it to manage their CPA exam application and schedule their exams.
Exam Fees Apply
Candidates are required to pay exam fees to sit for the CPA exam. These fees cover the costs associated with administering and grading the exam.
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Application Fee
A non-refundable application fee is required to submit the CPA exam application. The fee varies by state, so candidates should check with their state board of accountancy for the specific amount.
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Exam Fee
Each section of the CPA exam has a separate exam fee. The fee varies by state, but it is typically around $200 per section. Candidates must pay the exam fee for each section they wish to take.
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Retake Fee
Candidates who need to retake a section of the CPA exam must pay a retake fee. The retake fee is typically the same as the exam fee.
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Late Fee
NASBA charges a late fee for applications submitted within 30 days of the testing window. Candidates can avoid this fee by registering early.
Candidates should be aware of the exam fees and plan their budget accordingly. It is important to note that exam fees are non-refundable, even if a candidate withdraws from the exam or fails to pass a section.
Score Release Timeline
The AICPA releases CPA exam scores approximately six weeks after the testing window closes. Candidates can access their scores online through their NASBA account.
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Score Release Dates
The AICPA publishes a score release calendar on its website. This calendar provides the specific dates when scores will be released for each testing window.
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Score Notification
Candidates will receive an email notification from NASBA when their scores are available. The email will contain a link to the NASBA website where candidates can view their scores.
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Score Report
The score report provides detailed information about the candidate’s performance on each section of the exam. It includes the candidate’s scaled score, raw score, and whether they passed or failed the section.
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Passing Score
A score of 75 or higher is required to pass each section of the CPA exam. Candidates who do not achieve a passing score will need to retake the section.
It is important for candidates to be aware of the score release timeline so that they can plan accordingly. Candidates who pass all four sections of the exam within 18 months will be awarded the CPA license.
FAQ
Here are some frequently asked questions and answers about the CPA Exam in 2024:
Question 1: When is the CPA Exam offered in 2024?
Answer: The CPA Exam is offered in four testing windows in 2024:
- January 1 – March 10
- April 1 – June 9
- July 1 – September 8
- October 1 – December 15
Question 2: How many times can I sit for the CPA Exam in a year?
Answer: You can sit for the CPA Exam up to four times in a year, once during each testing window.
Question 3: How long do I have to complete all four sections of the CPA Exam?
Answer: You have 18 months to complete all four sections of the CPA Exam once you pass your first section.
Question 4: What is the passing score for the CPA Exam?
Answer: A score of 75 or higher is required to pass each section of the CPA Exam.
Question 5: How do I register for the CPA Exam?
Answer: You can register for the CPA Exam online through the NASBA website. You will need to create a NASBA account and submit an application.
Question 6: What are the exam fees for the CPA Exam?
Answer: The exam fees for the CPA Exam vary by state. You can find the exam fees for your state on the NASBA website.
Question 7: When will I receive my CPA Exam scores?
Answer: CPA Exam scores are typically released approximately six weeks after the testing window closes. You will receive an email notification from NASBA when your scores are available.
Closing Paragraph for FAQ:
If you have any further questions about the CPA Exam in 2024, please visit the AICPA or NASBA websites for more information.
To help you succeed in the CPA Exam, here are some additional tips:
Tips
Here are some practical tips to help you succeed in the CPA Exam in 2024:
Tip 1: Start studying early and consistently.
The CPA Exam is a challenging exam, so it’s important to start studying early and consistently. Create a study schedule that works for you and stick to it. Break down the material into manageable chunks and focus on one section at a time.
Tip 2: Use high-quality study materials.
There are many different CPA Exam study materials available, so it’s important to choose high-quality materials that will help you understand the concepts and pass the exam. Look for materials that are up-to-date, comprehensive, and well-organized.
Tip 3: Practice, practice, practice!
One of the best ways to prepare for the CPA Exam is to practice answering questions. There are many different practice questions available online and in study materials. The more practice you get, the more confident you will be on exam day.
Tip 4: Take care of yourself during exam season.
Studying for the CPA Exam can be stressful, so it’s important to take care of yourself during exam season. Get enough sleep, eat healthy foods, and exercise regularly. Taking care of your physical and mental health will help you stay focused and perform your best on exam day.
Closing Paragraph for Tips:
By following these tips, you can increase your chances of success on the CPA Exam in 2024. Remember to start studying early, use high-quality study materials, practice answering questions, and take care of yourself during exam season.
With hard work, dedication, and the right strategies, you can achieve your goal of becoming a CPA in 2024.
Conclusion
As we approach 2024, aspiring CPAs have an opportunity to embark on the journey toward earning their CPA license.
The CPA Exam in 2024 offers multiple testing windows, providing candidates with the flexibility to plan their exam strategy effectively.
The year-round availability of the exam allows candidates to progress through the exam process at their own pace and maintain a healthy balance between their personal and professional lives.
The four exam sections cover various areas of accounting and auditing, ensuring that candidates have a comprehensive understanding of the profession.
The rolling application process provides candidates with the convenience of applying throughout the year, while early registration is highly recommended to secure preferred testing dates and avoid late fees.
Strict deadlines for each testing window emphasize the importance of adhering to the exam schedule and meeting application and payment deadlines.
The online application process simplifies the application procedure and allows candidates to apply from anywhere with an internet connection.
Exam fees apply to cover the costs associated with administering and grading the exam.
Score release typically takes approximately six weeks after the testing window closes, providing candidates with timely feedback on their performance.
To enhance their chances of success, candidates are encouraged to start studying early, use high-quality study materials, practice answering questions, and take care of their physical and mental health during exam season.
With dedication, hard work, and the right strategies, candidates can achieve their goal of becoming a CPA in 2024 and open doors to new opportunities in the accounting profession.
Best of luck in your CPA journey!