What does large accelerated filer mean on the CPA exam?
Large accelerated filer. A public company with public float of at least 700 million dollars. The shortest filing deadlines and a required auditor attestation on internal control.
Defined against 17 CFR 240.12b-2.
Which CPA exam sections use large accelerated filer?
Large accelerated filer appears in the BAR section of the CPA exam.
Related terms
- accelerated filer: A public company with public float of at least 75 million dollars that has been reporting for at least a year.
- limited partnership: A partnership with at least one general partner who manages and is personally liable, and limited partners who invest without personal liability or control.