Okla. Admin. Code § 10:15-18-3

Current through Vol. 42, No. 4, November 1, 2024

Section 10:15-18-3 - Retake and granting of credit requirements

(a) A grade of seventy-five (75) in each required test section shall be the minimum passing grade for purposes of granting credit.

(b) A candidate may take the required test sections individually and in any order. Credit for any test section(s) passed shall be valid for thirty months from the date the passing score for such test section is released by NASBA, without having to attain a minimum score on any failed test section(s) and without regard to whether the candidate has taken other test sections. A CPA candidate must pass all four test sections of the AICPA Uniform CPA Examination within a rolling thirty-month period, which begins on the date that the first test section(s) passing score(s) is released by NASBA to the candidate. The rolling thirty-month period concludes on the date the candidate sits for the final test section passed, regardless of when the score is released by NASBA for the final test section. In the event all four test sections of the AICPA Uniform CPA Examination are not passed within the rolling - thirty-month period, credit for any test section(s) passed outside the thirty-month period will expire and that/those test section(s) must be retaken. A new rolling thirty-month period shall begin on the date the first remaining unexpired passing score(s) was released by NASBA to the candidate and continue for thirty-months from that date. This period calculation method will be applied each time a test section credit expires.

(c) A candidate shall be deemed to have passed the CPA examination once the candidate holds at the same time valid credit for passing each of the four test sections of the examination within the rolling thirty-month period. For purposes of this section, credit for passing a test section of the computer-based examination is valid from the actual date that the first test section(s) passing score(s) is released by NASBA to the candidate.

(d) Provided, however, that regardless of the language in subsections (b) and (c) that restricts valid exam credits to a rolling thirty-month period, the Board may authorize time-limited credit and candidacy extensions consistent with national standards and practice.

(e) A candidate may not retake a failed test section until the candidate has been notified of the score for the most recent attempt of that failed test section.

Okla. Admin. Code § 10:15-18-3

Added at 20 Ok Reg 2979, eff 9-5-03 (emergency); Added at 21 Ok Reg 1981, eff 7-1-04; Amended at 22 Ok Reg 1691, eff 7-1-05; Amended at 26 Ok Reg 1373, eff 7-1-09

Amended by Oklahoma Register, Volume 37, Issue 24, September 1, 2020, eff. 9/11/2020

Amended by Oklahoma Register, Volume 39, Issue 24, September 1, 2022, eff. 11/1/2022

Amended by Oklahoma Register, Volume 41, Issue 7, December 15, 2023, eff. 11/14/2023, exp. 9/14/2024 (Emergency)

Amended by Oklahoma Register, Volume 41, Issue 22, August 1, 2024, eff. 9/15/2024