How to become a CPA in Indiana?

Aspiring CPAs in Indiana have to go through the Indiana Board of Accountancy’s laid out a process to get their license. As with any other states, there are three steps to becoming a CPA in Indiana.

These include education, exam and experience. However, the Indiana Board of Accountancy has different requirements compared to other states.

Aspiring CPAs must ensure that they fulfil all the board’s requirements to become a CPA in Indiana. If they fail to do so, they can’t get their Indiana CPA license. Given below is the process of how to become a CPA in Indiana.

How to become a CPA in Indiana?

Aspiring CPAs in Indiana have to start their journey by obtaining formal education. This education is crucial in the later stages of their licensure journey. Next, they must sit for their Indiana Uniform CPA Exam.

Having done so, aspiring CPAs must complete a period of practical experience in a related field. Along each of these steps, they must satisfy the requirements set by the Indiana Board of Accountancy.

Educational Requirements

The first step to getting a CPA license in Indiana is obtaining formal education. This education is crucial in understanding the basics of accounting.

Once applicants acquire the knowledge, they can pass their Uniform CPA Exam and use it in their career. Aspiring CPAs must meet some requirements during this period, set by the Indiana Board of Accountancy. These include the following.

  • Aspiring CPAs must enrol in an accredited college or university that is acceptable to the Indiana Board of Accountancy. Those who have already enrolled or graduated must ensure the Indiana Board of Accountancy will accept their credits.
  • Students who have acquired formal education from other countries can also apply. However, they must get an evaluation of their credentials through one of the approved evaluation service agencies.
  • Aspiring CPAs must also choose from one of the two pathways laid out by the Indiana Board of Accountancy. These pathways include the following.
    • They must earn 150 semester hours of college credit and a graduate degree. Their education must include the following.
      • 24 semester hours of undergraduate (or 15 semester hours of graduate) accounting courses that cover the following.
        • Consulting
        • Financial accounting
        • Managerial accounting
        • Taxation
      • 24 semester hours in undergraduate (or graduate) courses in business administration or economics. These must include up to 6 semester hours in business and tax law and six semester hours in computer science.
    • Candidates must earn 150 semester hours of college credit and a bachelor’s degree. Their education must include the following.
      • 24 semester hours of undergraduate (or 15 semester hours of graduate) course in accounting that cover the following.
        • Consulting
        • Financial accounting
        • Managerial accounting
        • Taxation
      • 24 semester hours in undergraduate (or graduate) courses in economics or business administration. These must include up to 6 semester hours in computer science and six semester hours in business and tax law.

Uniform CPA Exam

Next, aspiring CPAs must sit for their Indiana Uniform CPA Exam. This exam consists of several sections, all of which applicants have to sit for and pass.

Candidates who are still attending college can also apply. However, the requirements for them may differ. Aspiring CPAs must go through the following process to take their Indiana Uniform CPA Exam.

  • Aspiring CPAs must apply for the exam through the CPA Examination Services (CPAES).
  • They must also submit the following with their application.
    • Their official transcript directly sent from their college to the CPAES.
    • An ADA accommodation form if necessary.
    • Their application fee via certified check, credit card or money order.
    • Candidates who haven’t completed college must ask their college to submit a completed Certificate of Enrolment form to the board. They also need to ask their college to submit an official transcript to the board showing the completion of 150 semester hours and a bachelor’s degree.
  • Aspiring CPAs must then schedule their exam in one of the seven locations after receiving their Notice to Schedule.

Experience Requirements

The last step for aspiring CPAs in Indiana is to meet the board’s experience requirements. These include the following.

  • Aspiring CPAs must choose the right experience where they must complete 24 months of full-time accounting employment. This experience must be in one or a combination of the following positions.
    • Accounting intern or employee at a public accounting firm
    • Financial or accounting employee in a government organization, industry or non-profit organizations
    • Employee providing advisory or consulting in accounting, financial or operational areas.
    • Instructor teaching accounting in either a four-year junior college or university or private or public school
  • Aspiring CPAs with part-time experience must convert it to full-time.
  • The experience must be verified by a licensed through the Verification of Experience form.

Summary

Given below is a summary of how to become a CPA in Indiana.

  • Aspiring CPAs must enrol in an accredited college or university in an accounting program. Their education must meet the Indiana Board of Accountancy’s requirements.
  • They must apply for and take their Indiana Uniform CPA Exam and pass it.
  • They must obtain work experience according to the Indiana Board of Accountancy’s requirements.
  • They must apply for their Indiana CPA license.

References

  1. “Indiana Board of Accountancy” – https://www.in.gov/pla/professions/indiana-board-of-accountancy/
  2. “Resources” – https://www.in.gov/pla/resources/
  3. “Indiana | NASBA” – https://nasba.org/exams/cpaexam/indiana/

How to become a CPA in Idaho

The body responsible for CPA licenses in Idaho is the Idaho State Board of Accountancy. Aspiring CPAs must meet all the requirements by this board to obtain their CPA license in the state.

The board defines three steps to becoming a CPA in the state. These include education, exam and experience. Once aspiring CPAs meet all these requirements, they can apply for their Idaho CPA license.

How to become a CPA in Idaho?

Aspiring CPAs in Idaho must begin their CPA license journey through formal education. They must also meet any requirements set by the Idaho State Board of Accountancy for this step.

Next, they must sit for their Idaho Uniform CPA Exam. Lastly, they must fulfil all the experience requirements set by the Idaho State Board of Accountancy.

Educational Requirements

For prospective CPAs, completing a formal education period is crucial in becoming a CPA. This period helps them develop a fundamental understanding of accounting concepts.

Once they get through this process, their knowledge can help them with the Uniform CPA Exam and practical experience. Given below are the requirements they must satisfy to become a CPA in Idaho.

  • Aspiring CPAs in Idaho must be at least 18 years old and be current or past resident of Idaho. Those who intend to become a resident of Idaho immediately can also apply.
  • They must enrol in an accredited college or university in Idaho. Those who have already enrolled or graduated must confirm that the board will accept their credentials.
  • Aspiring CPAs who have completed their studies outside the US can also apply. However, they must have their credentials evaluated by a National Association of Credential Evaluation Services member.
  • Candidates must also confirm if they qualify as the first-time applicant in Idaho. For that, they must meet one of the following criteria.
    • They must have never taken the CPA exam as an Idaho candidate.
    • They may have previously taken the CPA exam as a candidate in another state. However, they must not have earned credit for it.
    • They have taken the exam as a candidate of another state and wish to transfer their credit to Idaho.
  • Aspiring CPAs must also choose the right classes. They must complete a bachelor’s degree with at least 30 semester hours in business administration courses, 20 of which must be in accounting. Furthermore, they need to complete 150 semester hours (or 225 quarter hours) in one of the following pathways.
    • They must complete a graduate degree from an accredited accounting program with a concentration in accounting.
    • They must complete a graduate degree from an accredited business program where they must meet the following criteria.
      • Earn 24 semester hours of credit in undergraduate level accounting or 15 semester hours at the graduate level. These must include coursework in the following.
        • Accounting
        • Auditing
        • Financial Accounting
        • Management
        • Taxation
    • They must complete a bachelor’s degree from an accredited business program where they earn at least 24 undergraduate or graduate credit semester hours in business courses. Similarly, they must complete 24 semester credit hours of undergraduate or graduate-level accounting courses in the following.
      • Accounting
      • Auditing
      • Financial Accounting
      • Management Accounting
    • They must complete a bachelor’s or higher degree where they must have earned at least 24 semester credit hours in business courses and 24 in accounting at upper-division in the following.
      • Auditing
      • Financial Accounting
      • Management Accounting
      • Taxation

Uniform CPA Exam

The next step for aspiring CPAs in Idaho is to take their Uniform CPA Exam. This exam consists of various sections, all of which they must pass.

After completing the above educational requirements, candidates can sit for the exam. They must go through the following process to sit for their Idaho Uniform CPA Exam.

  • Candidates must verify that they are of good moral character and complete the Non-Criminal Justice Criminal History Records Check Request form.
  • They must verify that they are a first-time applicant, as mentioned above. If they meet the criteria, they must fill out the Initial Application for Uniform CPA Examination and include their 2”x2” photograph with the application.
  • They must send the application to the Idaho State Board of Accountancy with a $100 application fee. They must also include their official transcripts with their application.
  • In case candidates don’t meet the first-time applicant criteria, they must fill out the Re-Examination application and send it with a $50 fee.
  • Candidates will receive their Authorization to test once they submit their application. They must then pay the coupon they receive for their exam.
  • They must schedule their exam after receiving their Notice to Schedule.

Experience Requirements

The last step for aspiring CPAs is to meet the experience requirements of the board. These include the following.

  • Aspiring CPAs must complete one year of work experience in a service that involves the following.
    • Accounting
    • Auditing/attest
    • Consulting
    • Financial Advisory
    • Management Advisory
    • Tax advice
  • They must complete one year (or 2,000 hours) of work experience. This experience must be verified by a certified or licensed in any state in the US.
  • The experience must also come from employment in one of the following.
    • Academia
    • Government
    • Industry
    • Public Practice
  • The experience must come with the last 10 years before their licensure application.
  • Applicants must ask their supervising CPA to verify their experience.

Summary

Given below is a summary of how to become a CPA in Idaho.

  • Aspiring CPAs must obtain formal education meeting the requirements of the Idaho State Board of Accountancy.
  • They must sit for their Idaho Uniform CPA Exam and pass it.
  • They must fulfil the experience requirements of the Idaho State Board of Accountancy.
  • They must apply for their Idaho CPA license.

References

  1. “Idaho State Board of Accountancy” – https://isba.idaho.gov/ISBAPortal/
  2. “Forms” – https://isba.idaho.gov/ISBAPortal/BoardAdditional.aspx?Board=ISBA&BoardLinkID=600
  3. “Idaho | NASBA” – https://nasba.org/exams/cpaexam/idaho/

How to become a CPA in Illinois?

The Illinois Board of Examiners handles the licensure process for all aspiring CPAs in the state. The board also defines the steps that aspiring CPAs must go through to get their CPA license in Illinois.

Any prospective CPAs must follow the board’s laid out process to get their Illinois CPA license. The overall process is similar to other states with changes in the requirements.

How to become a CPA in Illinois?

The process of becoming a CPA in Illinois is similar to other states. Aspiring CPAs must first start with formal education that meets the Illinois Board of Examiners’ requirements.

Next, they must sit for their Illinois Uniform CPA Exam. Lastly, they must obtain practical work experience. During this process, they must also satisfy the requirements set by the Illinois Board of Examiners.

Educational Requirements

Aspiring CPAs in Illinois must obtain formal education that is crucial to understand the basics of their trade. This education can help them pass their Illinois Uniform CPA Exam and meet its experience requirements.

There are some requirements for education that the Illinois Board of Examiners has set that applicants must satisfy, which are as below.

  • Aspiring CPAs must enrol in an in-state university or college that offers programs in accounting. The board requires them to complete a bachelor’s degree and at least 150 semester hours of college credit.
  • Those who have already enrolled in a college or university or graduated must ensure the board will accept their credits.
  • Aspiring CPAs must also take the right classes in one of the three options set by the Illinois Board of Examiners. These options and classes are as follows.
    • They must get a graduate degree from an accredited program in accounting.
    • They must get a graduate degree in business or accounting from an accredited program. This program must include the following.
      • 30 semester hours of undergraduate level (or equivalent in graduate-level) courses in accounting. It must include the following.
        • Auditing
        • Business communication
        • Business ethics
        • Business law
        • Business statistics
        • Economics
        • Finance
        • Financial accounting
        • Information systems
        • Internship/life experience
        • Management
        • Management accounting
        • Marketing
        • Quantitative methods
        • Taxation
    • They must get a bachelor’s degree from an accredited institution. It must include the following,
      • 30 semester hours of undergraduate-level (or graduate level) accounting courses, including the following.
        • Auditing
        • Financial accounting
        • Management accounting
        • Taxation
        • Two semester hours in research and analysis in accounting
        • At most, three semester hours may come from internships and accounting life experience credits
      • 24 semester hours in undergraduate-level (or graduate-level) courses in business that excludes accounting. These must consist of subjects from the following.
        • Business communication
        • Business ethics
        • Business law
        • Business statistics
        • Economics
        • Finance
        • Information systems
        • Internship/life experience
        • Management
        • Marketing
        • Quantitative methods

Uniform CPA Exam

The next step for aspiring CPAs is to sit for their Illinois Uniform CPA Exam. This exam allows the board and other regulatory bodies to check a candidate’s accounting and related knowledge.

Similarly, aspiring CPAs must go through the following process to sit for the exam.

  • Aspiring CPAs must register with the Illinois Board of Examiners online. They must also submit a credential evaluation application in one of the following areas, according to their type.
    • Domestic Evaluation
    • Foreign Evaluation
    • International Qualifications Exam
    • Pre-Evaluation
    • Total Transfer of Credit
  • They must also pay a fee for the application that amounts to $200. Candidates with foreign credits don’t have to pay a fee.
  • Applicants must also submit their final transcript demonstrating the completion of their educational requirements to the board.
  • They must complete their Initial Examination Request form through the board’s online portal. The website will also require a fee for each of the exam sections that candidates take.
  • Aspiring CPAs must then schedule their exam after receiving their Notification to Schedule.
  • The board also requires applicants to take and pass AICPA’s professional ethics course with at least a 90% score before the exam process.

Experience Requirements

Aspiring CPAs must also meet the experience requirements of the Illinois Board of Examiners. The board requires them to obtain one year of experience in a position within one of the following.

  • Academia
  • Government
  • Industry
  • Public Practice

This experience must be supervised and be in a position where they provide services or advice in one or a combination of the following.

  • Accounting
  • Attestation
  • Financial advisory
  • Management advisory
  • Taxation

Lastly, aspiring CPAs must have their supervising CPA verify their experience. They can do so through the Verification of Experience/Employment form.

Summary

Given below is a summary of how to become a CPA in Illinois.

  • Aspiring CPAs must obtain formal education that meets the Illinois Board of Examiners’ requirements.
  • They must then apply and sit for their Illinois Uniform CPA Exam.
  • They must fulfil the experience requirements of the Illinois Board of Examiners.
  • Lastly, they must apply for their Illinois CPA license.

References

  1. “Illinois Board of Examiners” – https://www.ilboe.org
  2. “Required Documents” – https://www.ilboe.org/requirements/required-documents/
  3. “Uniform CPA Exam” – https://www.ilboe.org/exam/uniform-cpa-exam/
  4. “Illinois | NASBA” – https://nasba.org/exams/cpaexam/illinois/

How to become a CPA in Iowa?

The CPA licensure process in Iowa comes under the Iowa State Board of Accountancy’s responsibilities. As with other states, aspiring CPAs that want to work as CPA must get their license first.

The process of becoming a CPA in Iowa is similar to other states. However, the Iowa State Board of Accountancy has some specific requirements that applicants must satisfy.

How to become a CPA in Iowa?

Prospective CPAs in Iowa have to go through three steps to get their CPA license in Iowa. The first step is obtaining formal education. Next, they must apply for the Uniform CPA Exam and pass it with satisfactory grades.

Lastly, they must go through a period of practical experience to apply their knowledge. Following this process is crucial for aspiring CPAs.

The above process is standard for all states. However, candidates must also meet the Iowa State Board of Accountancy’s requirements for each step. These requirements are what differentiate the process for various states.

Educational Requirements

The first step, as mentioned, for aspiring CPAs in Iowa is to go through a formal education period. This education is necessary for them to acquire knowledge of fundamental accounting concepts.

Once aspiring CPAs go through the process, they should be able to sit for their Uniform CPA Exam. Similarly, they can apply their knowledge in their practical experience period.

As previously stated, aspiring CPAs must meet the Iowa State Board of Accountancy’s educational requirements. These are as below.

  • Aspiring CPAs must enroll in an accredited college or university that offers accounting programs. During this period, they must fulfill two requirements. These include obtaining a bachelor’s degree and 150 semester hours of college credit.
  • Those who have already completed their education or are in the process can also apply. However, these applicants must ensure the Iowa State Board of Accountancy will recognize their accounting program or degree.
  • Similarly, those who have obtained education from foreign universities can also apply. However, they must get their credentials evaluated by the Foreign Academic Credential Services, Inc. (FACS) or NASBA International Evaluation Services. It is crucial to determine if there are eligible to sit for the Uniform CPA Exam.
  • Aspiring CPAs must complete the 150 semester hours requirement in one of the board’s laid out scenarios as follows.
    • They must earn a graduate degree from an accredited program with an accounting concentration.
    • They must earn a graduate degree from an accredited business program in the business concentration. However, it must include 24 semester hours of accounting courses that cover the following areas.
      • Auditing
      • Financial Accounting
      • Management Accounting
      • Taxation
    • They must earn a bachelor’s degree from a school with an accredited program in business or accounting. It must include 24 semester hours of accounting courses in the following areas.
      • Auditing
      • Financial Accounting
      • Management Accounting
      • Taxation
    • They must earn a bachelors or higher degree that has the following.
      • 24 semester hours of above elementary or principles level accounting courses in the following.
        • Auditing
        • Financial Accounting
        • Management Accounting
        • Taxation
      • 24 semester hours of courses in business above the elementary level, excluding internships or life experience. It must include the following.
        • Business law
        • Economics
        • Finance
        • Management
        • Marketing

Uniform CPA Exam

The next step for aspiring CPAs is to apply for the Iowa Uniform CPA Exam. This exam is crucial for obtaining an Iowa CPA license. Aspiring CPAs must go through the following process to sit for their Iowa Uniform CPA Exam.

  • Aspiring CPAs must register online or offline with the Certified Public Accountants Examination Services (CPAES).
  • They must submit their official and sealed college transcript with their application.
  • They must also include the relevant fee with their application.
  • They must register for the test after receiving their Notice to Schedule. They can do so through Prometric’s website and have the choice to select between four testing locations.

Experience Requirements

Lastly, aspiring CPAs must obtain relevant work experience in their field before applying for their Iowa CPA license. The Iowa State Board of Accountancy requires them to meet the following requirements during this period.

  • Aspiring CPAs must take the American Institute of Certified Public Accountants (AICPA) Code of Professional Conduct comprehensive self-study course. They must pass it with at least a 90% score.
  • They must obtain qualified work experience with supporting documents. It must be in one of the following areas.
    • Academia
    • Government
    • Private Accounting
    • Public Accounting
  • Aspiring CPAs must complete at least 12 months (or 2,000 hours) of either part- or full-time experience. This experience must be verified by a CPA and meet the following requirements.
    • It must be in services that include one of the following.
      • Accounting
      • Advisory
      • Attestation
      • Consulting
      • Financial
      • Management
      • Tax
  • For aspiring CPAs getting experience through academia, it is compulsory to teach a minimum of 24 semester hours in higher education accounting courses.
  • For those getting experience through attestation, it is mandatory to complete two years of qualifying experience. It must include one year of experience in general accounting and one in the attestation.
  • The experience must involve the following competencies.
    • Compilation and review of financial statements
    • Knowledge of management advisory functions
    • Preparing financial statements and budgets
    • Projection and forecast of standards and procedures
    • Taxation, budgeting, cost analysis, and asset management
    • Understanding accounting information systems
  • Aspiring CPAs must also get their supervising CPA to verify their work experience. They must complete the Verification of Experience and Attest Qualification forms.

Summary

Given below is a summary of how to become a CPA in Iowa.

  • Aspiring CPAs must meet the Iowa State Board of Accountancy’s educational requirements.
  • They must apply for the Iowa Uniform CPA Exam and pass it.
  • They must meet the Iowa State Board of Accountancy’s experience requirements.
  • They must apply for the Iowa CPA license.

References

  1. “Accountants” – https://plb.iowa.gov/board/accountants
  2. ‘“CPA Licensees” – https://plb.iowa.gov/cpa-licensees
  3. “Iowa | NASBA” – https://nasba.org/exams/cpaexam/iowa/

How to become a CPA in Kansas?

Working as a CPA in any state across the US requires a CPA license. The licensure procedure is the same in all states. However, aspiring CPAs must go through each state’s accountancy board’s requirements, which may differ.

For Kansas, the Kansas Board of Accountancy handles the licensure process. For prospective CPAs in Kansas, it is crucial to meet the board’s requirements.

How to become a CPA in Kansas?

As with other states, aspiring CPAs in Kansas must start their CPA license journey by obtaining formal education. Once they do so, they must apply for the Uniform CPA Exam and pass it.

Next, they must meet the experience requirements set by the Kansas Board of Accountancy. Only after completing all of these, aspiring CPAs can apply for their Kansas CPA license.

Educational Requirements

The first step for CPA licensure in any state is going through a period of formal education. This education is critical as it sets the basis for further work in the CPA field.

It is also crucial for candidates because it helps them in their Uniform CPA Exam and later in their career. Similarly, aspiring CPAs must ensure their education meets the requirements of the Kansas Board of Accountancy. These are as below.

  • Aspiring CPAs must enrol in a university or college that offers an accounting program. The Kansas Board of Accountancy requires this education to be in an accredited institution.
  • Those who have already completed their education or in the process of doing so may also apply. However, aspiring CPAs must get their education evaluated by the board.
  • Similarly, those who have obtained education from outside the US can also apply. However, they must get an evaluation by a member of the National Association of Credential Evaluation Services.
  • Aspiring CPAs must also verify that they meet the Kansas residency requirements for the CPA Exam. These include meeting one of the following conditions.
    • They must be a resident of Kansas.
    • They must have a place of business or permanently employed by a public accounting firm in Kansas.
  • Students must ensure they are taking the right classes which meet the board’s requirements. These are as below.
    • They must get a bachelor’s degree from a university or college approved by the board.
    • It must include a minimum of 150 semester hours (or 225 quarter hours) of a college education.
    • It must be in accounting concentration and include the following.
      • At least 20 semester hours (or 45 quarter hours) in accounting theory and practice courses. These may include the following.
        • Accounting systems
        • Auditing course
        • Financial accounting
        • Income tax course
        • Managerial accounting
      • At least 42 semester hours (or 63 quarter hours) in business and general education subjects. These may include the following.
        • Administration and management
        • College algebra or higher-level math
        • Computer systems and applications
        • Finance
        • Macro- and micro-economics and one upper-division economics course
        • Marketing
        • Minimum two business law or similar courses
        • Production, operations research, or applications of quantitative techniques to business problems
        • Statistics and probability theory
      • At least 11 semester hours (or 17 quarter hours) in oral or written communications.
    • Aspiring CPAs can’t use accounting internship hours and CPA review courses towards the 30 semester hours of accounting requirement.
  • Aspiring CPAs must complete the pre-evaluation application to determine that they meet the requirements for the CPA Examination.

Uniform CPA Exam

The next step for aspiring CPAs is to sit for the Uniform CPA Exam. They must go through the following process to do so.

  • Aspiring CPAs must complete the CPA Exam Services (CPAES) application. They must also submit the following with their application.
    • A Kansas Board of Accountancy Cheating Policy form.
    • Their 2”x2” recent photograph.
    • Their official transcripts sent directly to CPAES.
    • Their first-time registration fee and exam fee for each section.
  • Aspiring CPAs must then schedule their exam after receiving their Notice to Schedule. They can choose between one of the three approved locations and register through Prometric’s website.

Experience Requirements

The last step for aspiring CPAs is to meet the educational requirements set by the KSBOA. They can still get their CPA license after passing their CPA exam.

However, they must meet the experience requirements to get practice privileges. Once they meet the following requirements, they can apply for their permit to practice.

  • Aspiring CPAs must take and pass the professional ethics courses offered by AICPA.
  • They must apply for the first-time Kansas certificate and pay the $25 fee. They will also need to send and send the oath required for all certificate holders.
  • They must obtain at least 2,000 hours of experience, which requires the performance of services between 1-3 years. The experience must meet the following requirements.
    • It must come from one of the following areas.
      • Academia
      • Government
      • Industry
      • Public Practice
    • It does not have to be directly supervised by a licensed CPA. However, it needs to be verified by an actively licensed CPA.
    • The board treats attest and non-attest experience separately. Therefore, candidates providing attest services need to have at least 375 hours of experience performing attest services. It is a part of the 2,000 hours requirement.
  • Candidates must complete their Certified of Experience and give it to their verifying to complete. They must then send this form along with their permit application.

Summary

Given below is a summary of how to become a CPA in Kansas.

  • Aspiring CPAs must enrol in an educational program that meets the Kansas Board of Accountancy’s requirements.
  • They must apply and sit for the Kansas Uniform CPA Exam.
  • They must meet the Kansas Board of Accountancy’s experience requirements.
  • They must apply for their permit to practice.

References

  1. “Kansas Board of Accountancy” – http://www.ksboa.org
  2. “CPA Exam Info” – http://www.ksboa.org/exam_info2.htm
  3. “Forms” – http://www.ksboa.org/forms.htm
  4. “Kansas | NASBA” – https://nasba.org/exams/cpaexam/kansas/

How to become a CPA in Massachusetts?

Aspiring CPAs in Massachusetts must obtain their license in the state before working as a CPA. The Massachusetts Board of Public Accountancy overlooks the licensure process in the state.

Aspiring CPAs must satisfy the board’s requirements to get their CPA license. The board classifies these requirements into three categories, education, exam and experience.

How to become a CPA in Massachusetts?

Aspiring CPA in Massachusetts must go through a formal education program before getting their CPA license. This education is mandatory and has some requirements from the Massachusetts Board of Public Accountancy.

Next, they must sit for the Massachusetts Uniform CPA Exam. The exam tests their knowledge of the accounting profession.

Lastly, they must also go through a practical work phase. During this step, applicants must satisfy the Massachusetts Board of Public Accountancy’s requirements. Once they complete all of the above three conditions, they can apply for their Massachusetts CPA license.

Educational Requirements

The first step for any state’s aspiring CPAs is to acquire formal education. This education is compulsory for learning the fundamentals of the accounting profession. Once aspiring CPAs get a hold of the basics, they can pass their Uniform CPA Exam. Similarly, it helps them get through the practical work experience phase.

During the formal education period, candidates must meet some requirements. These come from the Massachusetts Board of Public Accountancy and include the following.

  • Aspiring CPAs must register with an accredited university or college. Those who have already done so must confirm the board will accept their credits.
  • The goal of going through formal education is to complete 150 semester hours of college credit. Similarly, aspiring CPAs need to get a bachelor’s degree from their education.
  • Aspiring CPAs with education outside the US can also apply. However, they must get their transcripts evaluated by the NASBA International Evaluation Services or Center for Educational Documentation.
  • Similarly, those who have obtained education from an unaccredited college or university can also apply. However, their application is subject to an evaluation from the board.
  • For candidates going through college or university, it is crucial to satisfy the board’s educational requirements. During their 150 semester hours of college credit, they must go through one of the following four scenarios.
    • They must receive a bachelor’s degree from an accredited college. Their education must include the following.
      • 30 semester hours of undergraduate courses, which must include three semester hours in each of the following areas.
        • Auditing
        • Financial accounting
        • Management
        • Taxation
      • 24 semester hours of undergraduate business courses, with three semester hours in each of the following areas.
        • Business information systems
        • Business law
        • Finance
        • Professional ethics
      • Courses in business communication, business management of organization and economics can also fulfil the 24 semester hour requirements.
  • They must receive a bachelor’s degree with a business major from an accredited college. It must include the following.
    • 30 semester hours of accounting courses, which include the following.
      • Courses in the following areas.
        • Auditing
        • Financial Accounting
        • Management Accounting
        • Taxation
      • 24 semester hours in courses that are not accounting but related to business. These must include the following.
        • Business Law
        • Finance
        • Information Systems
        • One course in either Business Communication, Business Organizations, Economics or Professional Ethics
  • Receive an accounting graduate degree from an AASCB-accredited college.
  • Receive a degree in either accounting, business administration or law from an accredited institution. It must include the following.
    • 30 semester hours of undergraduate (or 18 semester hours of graduate) accounting courses or an equivalent combination of both. These courses must include the following.
      • Auditing
      • Financial Accounting
      • Management Accounting
      • Taxation
    • 24 undergraduate semester hours (or 18 graduate semester hours) in business courses excluding accounting or an equivalent combination of both

Uniform CPA Exam

The next step for aspiring CPAs in Massachusetts is to sit the Uniform CPA Exam and pass it. Candidates who have earned a bachelor’s degree can sit for the exam. However, they need to have completed at least 120 semester hours of the total 150 semester hours requirements. They must also meet some specific requirements other than that.

Aspiring CPAs must go through the following process to sit for the Massachusetts Uniform CPA Exam.

  • Aspiring CPAs must apply through the CPA Examination Services (CPAES). Similarly, they must submit any necessary documents with their application. These may include their transcript, their Certificate of Enrollment Form and the relevant application and exam fees.
  • Candidates must schedule their exam through Prometric’s website after receiving their Notification to Schedule. They have the option to choose between one of seven testing locations.

Experience Requirements

The last step for aspiring CPAs is to meet the Massachusetts Board of Public Accountancy’s experience requirements. Those with a graduate degree are exempt from experience requirements.

The board requires aspiring CPAs to complete one year (or 1,820 hours) of full-time public accounting experience. This experience must satisfy the following requirements.

  • It must include 1,000 hours of attest experience in the full disclosure of financial statements. Of these, only up to 300 hours should be in full disclosure compilations.
  • It must be attested to by a letter from a CPA partner. The partner must be of the firm where the applicant received their experience.
  • It must integrate the following competencies.
    • Attest
    • Full disclosure compilations
    • Public accounting report on full disclosure financial statements

Candidates must also ask their supervising CPA to send a letter verifying their employment, hours, dates and competencies on the firm’s letterhead.

Summary

Given below is a summary of how to become a CPA in Massachusetts.

  • Aspiring CPAs must start by obtaining formal education that meets the Massachusetts Board of Public Accountancy’s requirements.
  • They must then sit for their Massachusetts Uniform CPA Exam.
  • Then, they must meet the experience requirements set by the Massachusetts Board of Public Accountancy.
  • Lastly, they must apply for their Massachusetts CPA license.

References

  1. “Board of Public Accountancy” – https://www.mass.gov/orgs/board-of-public-accountancy
  2. “Public Accountancy Licensing” – https://www.mass.gov/public-accountancy-licensing
  3. “Massachusetts | NASBA” – https://nasba.org/licensure/nasbalicensing/massachusetts/