Uniform CPA Examination
Responsibility for the Uniform Certified Public Accountant Examination is shared between state boards of accountancy, the AICPA and NASBA:
- State boards of accountancy are responsible for assessing eligibility of candidates to sit for the CPA examination. Boards are also the final authority on communicating exam results received from NASBA to candidates.
- The AICPA is responsible for setting and scoring the examination, and transmitting scores to NASBA.
- NASBA maintains the National Candidate Database and matches score data received from the AICPA with candidate details. Most states offer online score reporting on NASBA's website at www.nasba.org. NASBA also maintains records for those who have passed the exam.
The AICPA and NASBA also coordinate and maintain mutual recognition agreements with foreign accountancy institutes. As of January 2012, the only countries with such agreements are Australia, Canada, Hong Kong, Ireland, Mexico and New Zealand. Accountants from these countries who meet the specified criteria may be able to sit for the International Qualification Examination (IQEX) as an alternative to the Uniform CPA Exam. IQEX is also jointly administered by the AICPA and NASBA; however, state boards are not involved at the examination stage (only at licensure).
Read more about this topic: National Association Of State Boards Of Accountancy
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