CPA Exam Shuts Out Indiana Accounting Students
A new rule that went into effect in Indiana this year requires CPA candidates to be graduates of colleges that hold special accounting accreditation. So far, only Ball State University in Muncie and Notre Dame University in South Bend have undergone the arduous process necessary to receive the accreditation.
The state accountancy board has announced that students from non-accredited schools in Indiana will be denied the opportunity to take November’s exam.
Schools are scrambling to see if there is any way they can go through the accreditation process in time for their students to sit for the exam next month. The state has declined to give any leeway, claiming the schools have known since 1998 that the accreditation was going to be required this fall.
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Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.