CPA Credit by Examination

Students may be eligible to receive credits that count towards the Master of Accountancy (MAcc) degree by passing portions of the Uniform Certified Public Accountant Examination (CPA exam). Passing the FAR and/or REG sections of the CPA exam can serve as competency testing for the following courses: ACCT 6600 Practice & Theory (for FAR) and/or ACCT 6270 Tax Seminar (for REG). To be awarded credit for these courses the student must meet all of the following conditions:

  1. The individual seeking credit must be a currently enrolled student in good standing in the MAcc program.
  2. Passage of the CPA exam section must have occurred within 18 months of the date credit is sought.
  3. No more than 6 credits can be awarded to the student: 3 credits for ACCT 6600 and/or 3 credits for ACCT 6270.
  4. A maximum of 9 credits consisting of transfer credits from another institution and Credit by Exam can be applied to the MAcc degree.
  5. The student must complete a Credit by Examination form for each course for which credit is sought.
  6. The student must present evidence to the course instructor that satisfies the instructor that the student has passed the appropriate section of the CPA exam and that it occurred within the required time frame.
  7. All other university requirements to receive Credit by Exam must be satisfied.
  8. The student will receive a passing grade (pass/fail), not a standard letter grade, for passing the FAR and/or REG section of the CPA exam.