Wis. Admin. Code Accounting Examining Board Accy 2.304

Current through December 30, 2024

Section Accy 2.304 - Candidates for examination

(1) A candidate shall be allowed to sit for each section of the uniform certified public accountant examination individually.

(2) A candidate shall retain credit for any section passed for 18 months. A candidate may retake a section once the grade for the previous attempt of the same section has been released.

(3) A candidate must pass all sections of the uniform certified public accountant examination within a rolling 18-month period that begins on the date that the first section is passed.

(4) If any section of the uniform certified public accountant examination is not passed within the rolling 18-month period, credit for any section passed outside the 18-month period shall expire and that section shall be retaken.

(5) The board may on a case-by-case basis extend the 18-month period of credit for sections of the Uniform CPA Examination passed, or the duration of the 18-month rolling period, upon the applicant showing to the board's satisfaction that the inability to pass all sections of the examination within the 18-month period was due to one of the following:

(a) The sickness of the candidate or a member of the candidate's immediate family if the candidate substantiates the illness by a doctor's certificate.

(b) A death in the candidate's immediate family if the candidate provides proof of death.

(c) Temporary military service.

(d) Other good reason deemed acceptable by the board.

Wis. Admin. Code Accounting Examining Board Accy 2.304

Adopted by, Cr. Register, November, 1993, No. 455, eff. 12-1-93; CR 02-149: r. and recr. Register October 2003 No. 574, eff. 11-1-03; 2015 Wis. Act 217: renum. from Accy 3.06 and am. (title), (1), (3), (4) Register May 2016 No. 725, eff. 6/1/2016

Amended by, CR 19-160: am. (2) Register June 2020 No. 774, eff. 7/1/2020

Amended by, CR 21-013: cr. (5) Register November 2021 No. 792, eff. 1/1/2022

Amended by, correction in (5) (d) (Note) made under s. 13.92 (4) (b), Stats., Register June 2023 No. 810, eff. 7/1/2023

An example of a good reason deemed acceptable by the board includes possible delays during NASBA's launching of the new CPA examination in January 2024; therefore, any candidate with Uniform CPA Examination credit(s) on January 1, 2024, will have such credit(s) automatically extended to June 30, 2025.