In order for the board to grant credit to a candidate for satisfactory completion of all or part of the written examination given by the licensing authority of another state, the candidate must have met the following requirements.

1. (1) The CPA examination was prepared and graded by the AICPA.
2. (2) The credits earned are active in the state of origin.
3. (3) The candidate sat for all subjects for which the candidate was eligible on examinations taken after September 1, 1991.
4. (4) The candidate earned a grade of 75 or higher on any two subjects of the examination.

5. (5) The candidate scored a minimum grade of 50 on each subject not passed on the examinations taken after September 1, 1991.

   1. (A) For the purposes of this section, the subject accounting practice counts as two subjects on examinations taken after September 1, 1979.
   2. (B) If the board accepts transfers of credit for two or more subjects, it will also accept transfers of credit for subjects passed at subsequent examinations.
   3. (C) The grades made by the candidate on subjects under consideration must have been the ones reported to the examining board by the American Institute of Certified Public Accountants.
   4. (D) A candidate for the examination for a certificate as a certified public accountant who seeks to receive credit for subjects taken at an examination administered by the licensing authority of another state must submit written proof, in the form of transcripts or certified statements, that at the time of taking the examination in the other state he met the educational requirements in effect in this state at that time.

Source Note:The provisions of this §511.83 adopted to be effective September 15, 1980, 5 TexReg 3563; amended to be effective August 28, 1984, 9 TexReg 4413; amended to be effective October 30, 1991, 16 TexReg 5828.