Requirements for Florida’s CPA Exam

These are some of the Florida requirements to take the CPA exam: 1. You must have successfully completed a minimum of 120 semester hours of college credit as determined by the Florida Board of Accountancy, and you must have at least a bachelor’s degree or its international equivalent. 2.  You must have completed 24 semester hours of upper division business courses, 24 semester […]


Changes to Auditor Reporting Standards Proposed by PCAOB

The Public Company Accounting Oversight Board (PCAOB) issued proposed modifications to auditor reporting standards on August 13, 2013. These proposals will follow the process, including concept release issued over two years ago,  discussing possible changes to the standard auditor’s report that would provide more useful information to investors. The two new standards proposed by the PCAOB are: 1. addressing the content […]


Obtaining a CPA License in Florida

The following information is from Florida’s Department of Business and Professional Regulation’s (DBPR) website under: Division of Certified Public Accounting. “ORIGINAL LICENSURE CPA Applicants must apply for licensure within three years of  receiving notification from NASBA of passing the last part of the CPA exam. If an applicant does not apply for  licensure within this three […]


Public Company Accounting Oversight Board (PCAOB) on Integrity and Objectivity

The following is from the PCAOB’s website: The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and the public interest by promoting informative, accurate, and independent audit reports. The PCAOB also oversees the audits of broker and dealers, including compliance reports filed pursuant […]


Florida CPA (Florida Regulations 61H1-22.001 – Competence)

A certified public accountant shall comply with the following general standards and must justify any departures therefrom: (1) Professional competence. A certified public accountant shall undertake only those engagements which he or his firm can reasonably expect to complete with professional competence. A certified public accountant must be in charge of all public accounting services […]


New Policies from the “Public Company Accounting Oversight Board” (PCAOB)

The following is information released by the Public Company Accounting Oversight Board:  “POLICY STATEMENT REGARDING CREDIT FOR EXTRAORDINARY COOPERATION IN CONNECTION WITH BOARD INVESTIGATIONS PCAOB Release No. 2013-003 April 24, 2013 Summary The Public Company Accounting Oversight Board (“PCAOB” or “Board”) is issuing this policy statement to provide guidance to registered public accounting firms (“firms”) […]


Independence, Integrity, Etc., for Florida Licensed CPAs

The following information is from Florida Regulations, in the Department of Business and Professional Regulation, Division 61H1 Board of Accountancy: CHAPTER 61H1-21 INDEPENDENCE, INTEGRITY, ETC. 61H1-21.001       Independence 61H1-21.002       Integrity and Objectivity 61H1-21.003       Commissions or Referral Fees 61H1-21.005       Contingent Fees 61H1-21.006       Communication with Client of Another Certified Public Accountant 61H1-21.001 Independence. […]


Use a Licensed CPA to Prepare Your Taxes

On Florida’s Department of Business and Professional Regulation’s website, they remind the public  that it’s tax season, and at DBPR they work with the Florida Institute of Certified Public Accountants (FICPA) to remind people that before they hire a certified public accountant, they should check to make sure that person has a state license. Unlicensed […]


Florida CPA License Requirements

On the Florida Department of Business and Professional Regulation’s website under “Division of Certified Public Accounting,” the requirements for obtaining a CPA are listed as the following:  This information can be found on the DBPR’s website.   “REQUIREMENTS FOR LICENSURE PASS ALL FOUR PARTS OF CPA EXAMINATION: with at least a 75%   within 18 month […]


Certified Public Accountants in the State of Florida

The Florida Board of Accountancy (BOA) handles the requirements for certification, licensure, and reciprocity. Also, the BOA provides information on the May and November CPA exams and is able to verify if someone is certified and/or licensed in Florida. The BOA has addresses and phone numbers for Florida CPAs and provides information to out-of-state firms seeking […]