When accounting goes unaccounted for
Breath into a paper bag if necessary.
We will be temporarily disabling the score page leading up to the release date. #CPAExam scores will be available on 5/5. #ScoreRelease
— NASBA (@NASBA) May 1, 2015
That release date of Cinco de Mayo is on schedule, so whatever your score, you'll be hoisting cheap Mexican beer Tuesday night.
And just in case things don't quite go as NASBA plans, let us know by email or on Twitter.
When the world went to shit way back in March, it seemed like it happened […]
The AICPA recently announced that it would be re-evaluating the CPA exam scoring process and we’ve been wildly speculating awhile as to what that might actually mean. Staying true to the doom and gloom, yours truly immediately thought the AICPA Board of Examiners was convinced you kids would bomb FAR horribly in Q1 and 2 of 2011 with the addition of IFRS and they were just preparing for that.
Upon further reflection, maybe the exam is too easy. Maybe requirements to sit are not strict enough (even though we’re down to 4 states that allow you to sit with 120 units last I checked). Maybe the job market is worse than anyone wants to admit — now wait a minute, what does that have to do with it?
There isn’t raw data that tells us how many would-be CPAs we have on our hands who have passed all four parts of the CPA exam but still can’t get a job, at least none I’ve seen. I’ve spoken to these people and it doesn’t seem to be getting better in the aggregate.
I believe the BLS numbers somewhat concur with this conclusion, if you can believe them. (CPA Trendlines has them)
I hear you guys bitching about it all the time. If you’re still employed and trying to take the CPA exam, you get the extra special designation of ultra-masochist but it’s not you guys the AICPA BoE is worried about, it’s the bottleneck of people who’ve passed the CPA exam trying to squeeze in 2 years in public to get a license.
Case in point, a friend of mine here in the great (broke) state of California decided to take on the CPA exam a tad later in life than some of you. We won’t hate on her for that. She worked her ass off and eventually got through it. She’s a leader of a prestigious accounting society in her community and has the credentials a lot of the kids coming out of school don’t. She can’t find a job. She’s tried every firm in town large and small as well as the surrounding area. I’ve scouted the Bay Area and can’t find anything for her either.
She’d stay more than 2 years and be more than a body filling the chair but they don’t even have a chair for her.
She’s not the only one. So maybe the AICPA BoE caught on and is going to try to change that. They can’t create the jobs so what do you think they’ll do?
Oh, and if anyone has a lead on a public accounting gig in the top half of California for my qualified little friend here, do get in touch.
Remember the guy who told NASBA its website looked like it had been hacked by the 1990s, given its design a rating of “Corey Feldman with a crayon” on a scale of Caveman to Picasso? Ouch.
Obviously NASBA listened to this and other criticism, as they’ve since updated their website from the drab, Geocities-esque throwback to a slightly slicker, more modern design. Hats off to them for that bold decision.
And now, they’ve promised to make CPA exam candidates’ experience with the NASBA website more streamlined, easy to follow and organized. CPA exam candidates already got this email from NASBA last week but if you are not a current candidate or in the habit of ignoring NASBA emails because you aren’t interested in exclusive CPE deals, read on:
NASBA is excited to announce the upcoming launch of the new Uniform CPA Examination Online Application System. Through this new system, at cpacentral.nasba.org, candidates will not only be able to apply online to take the CPA Examination, but also access application information including status and payment history, import prior application data and even view examination scores.
Upon first visit to the site, users will create an online account with a unique username and password. This includes anyone who has previously applied for the exam via the old online application process or through the mail. Creating an online account will give users more freedom to access exam information, thereby improving the experience throughout the process of becoming a Certified Public Accountant.
Don’t try to click on the link, it isn’t ready yet, but will be available Wednesday according to NASBA. The new system is only available to candidates in any of the 32 jurisdictions served by NASBA, so California candidates can go back to lounging at the dispensary and relaxing by the beach.
So… uhh… how exactly is this any different from clicking on the “EXAMS” tab and following the prompts to access the information or applications you need? We aren’t really sure. Presumably, the difference will be that you will have one central account to log into, versus menus to navigate on the current page. But most of you (even those of you that aren’t considered the brightest crayons in the box) can figure out how to get what you need from NASBA’s website as is, especially after a few exam sections.
We’ll go check it out when it goes live later this week but probably won’t have anything new to report unless it’s a really slow news day.