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Wow this is great news! Makes me feel so relieved.
Can someone break this down Barney style for me? I'm dumb.
Straight from the NASBA site. It seems that if your jurisdiction has adopted this extension policy due to the evolution of the CPA exam taking place in 2024, then if you have any CPA credits on January 1, 2024, these credits will be extended to June 30, 2025. Any credits you currently have for exams previously passed will still expire on the date they are set to expire. The transition to the new CPA model doesn’t affect the tests we’ve currently passed it seems 🫠.
They also have a FAQS page
https://nasba.org/examtransitionfaqs/
Yes that is how I understand this as well.
Sooo I have a part I’ve passed which expires in March of 2023. Is that now going to be extended assuming my jurisdiction adopted this policy?
Straight from the NASBA site. It seems that if your jurisdiction has adopted this extension policy due to the evolution of the CPA exam taking place in 2024, then if you have any CPA credits on January 1, 2024, these credits will be extended to June 30, 2025. Any credits you currently have for exams previously passed will still expire on the date they are set to expire. The transition to the new CPA model doesn’t affect the tests we’ve currently passed it seems 🫠.
They also have a FAQS page
https://nasba.org/examtransitionfaqs/