Response to the following problem:
Individuals are licensed as CPAs by individual states. Information on the requirements for each state can be found on the National Association of State Boards of Accountancy (NASBA) Web site. The Uniform CPA Examination is administered by the American Institute of Certified Public Accountants (AICPA), and information on CPA examination requirements can be found on the AICPA Web site.
a. Identify the education requirements to be eligible to sit for the CPA exam in your state. Include any specific educational content requirements.
b. List the work experience requirements in your state. Is experience in industry as an accountant or an internal auditor sufficient to be eligible to become a CPA?
c. List any frequently asked questions (FAQ) for your state, if there are any.
d. What are the Elijah Watts Sells awards?
e. What was the passing rate for each exam section in the most recent quarter?