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Another issue is that If you passed all the CPA exams but there is no qualified accountant who mentors and sign you for you practical experience requirement (PER), you can't qualify as CPA.
In other words, if you passed all the CPA exams and you can't find a qualified accountants to sign your PER (6 years from memory), you may have to start the first CPA subject again (without extending the CPA program).
If you don't work or looking to work in the accounting industry, it is kind of no point of passing the CPA program exams (or any other accounting qualifications such as CA & ACCA) but no one signs you at the end of the day. (see below)
15.Candidates must complete the CPA Program and advance to CPA status within the required timeframe. The maximum period for completion of the CPA Program and advancement to CPA status is determined by the date the candidate first enrolled in the CPA Program and the date the candidate joined CPA Australia as an Associate member:
Timeframe to complete subjects & Timeframe to advance to CPA status
1 July 2007 onwards: Six years from join date, Six years from join date
1 January 2007 - 30 June 2007: Six years from first enrolment, Eight years from join date
1 January 2004 - 31 December 2006: Five years from first enrolment, Eight years from join date
1 January 2000 - 31 December 2003: Five years from first enrolment, Indefinite
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