Thursday, June 30, 2011

The CPA Exam Goes Abroad

In August 2011, the U.S. CPA exam will be offered outside of the U.S. for the first time. The countries in which the exam will be offered include Japan, Bahrain, the United Arab Emirates, Kuwait, and Lebanon. Given the accelerating demand by foreign nationals for taking the exam, the American Institute of CPAs (AICPA), the National Association of State Boards of Accountancy (NASBA), and Prometric have agreed to offer the same CPA exam in the aforementioned countries during a one month window each calendar-year quarter. The exam will be offered in English, and will be open to citizens, permanent residents, and long-term residents of the host countries that have satisfied the requirements to sit for the U.S. CPA exam.  International exam candidates will need to select and apply to a U.S. state board of accountancy to validate that they have satisfied the requirements to sit for the exam in their chosen state of jurisdiction.  The NASBA is now accepting applications for international exam candidates. For more information, visit the AICPA’s website at http://www.aicpa.org/BecomeACPA/CPAExam/Pages/CPAExam.aspx.

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