The requirements to sit for the CPA Exam

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The requirements to sit for the CPA Exam and become a CPA in Virginia.

The outline of the Code of Professional Conduct, know the difference between the Principles and the Rules, Rulings, and Interpretations and list each.

Know the 10 GAAS.

Know the issuing agency, and minimum performance standard for each professional service performed by a CPA firm.

Know the areas that a CPA firm must address with its quality control system.

Know the four issues that plaintiff clients have to prove to prevail in a lawsuit against a CPA firm under common law.

Know in general the issues a third party plaintiff must prove to prevail in a lawsuit against a CPA firm under common law.

Know the liability for CPAs under the Federal 33 (page 688) and 34 Securities Laws (page 692) and Tort Reform.

Any item from the list of Principles of Financial Accounting (Acct 201) attached to this site.

Reference no: EM132163031

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