Getting a CPA license in Nebraska is mandatory for working as a Certified Public Accountant. Aspiring CPAs in Nebraska must meet the requirements set by the Nebraska Board of Public Accountancy. The board has various conditions that Applicants must satisfy in order to get their CPA license.

The steps involved in getting a CPA license in the US across all states are the same. However, each board may have its own requirements for each step. There same applies to Nebraska. Therefore, it is necessary to understand how to become a CPA in Nebraska. Applicants must go through a lengthy process to do so.

How to become a CPA in Nebraska?

Becoming a CPA in Nebraska isn’t any different from other states. Applicants must start by acquiring formal accounting education in the state. During this step, they must meet the educational requirements set by the Nebraska Board of Public Accountancy.

After that step, they must pass the Uniform CPA Exam in Nebraska in one of the approved locations. Lastly, they must meet the experience requirements set by the Nebraska Board of Public Accountancy.

Educational Requirements

The first step for Applicants is to go through formal education before becoming a CPA. This education allows them to gain fundamental knowledge related to accounting. During the process, applicants must meet some requirements, which are as follows.

  • Applicants must enrol in an accredited college or university in an accounting program. Applicants who have already enrolled in or graduated from a university or college must ensure the board will accept their credits.
  • Applicants must confirm that the accounting program they enrol in is accredited by an accrediting board recognized by the US Department of Education.
  • Applicants must complete 150 semester hours (or 225 quarter hours) of accounting education in an accredited college and a bachelor’s degree. Similarly, their education must satisfy the following conditions.
    • At least 30 semester hours or (45 quarter hours) in accounting-related subjects. These must include post-basic accounting subjects as follows:
      • Accounting Information systems
      • Auditing
      • Cost and managerial accounting
      • Financial accounting theory and problems
      • Governmental and not-for-profit accounting
      • Tax preparation and planning
    • At least 36 semester hours (or 54 quarter hours) in business subjects which includes:
      • Business Communication
      • Business Ethics
      • Business law
      • Finance
      • Macroeconomics
      • Management
      • Marketing
      • Microeconomics
      • Principles of accounting
      • Quantitative applications in business
    • 60 semester hours (or 90 quarter hours) of a general college education which includes:
      • Arts, natural sciences, social sciences and humanities
      • Mathematics
      • Oral and written communication skills
      • Statistics
    • The remaining 24 semester hours/36 quarter hours can be electives.

Uniform CPA Exam

Once Applicants meet their educational requirements set by the Nebraska Board of Public Accountancy, they must take the Uniform CPA Exam. This exam tests their knowledge of the relevant accounting knowledge. Applicants must go a specific process to take the Uniform CPA Exam, which is as below.

  • Applicants must apply to take the exam through NASBA, either online or through an application. They must send the application to the CPA Exam Services (CPAES).
  • They must also include the following documents with their applications.
    • A certificate of enrollment form for those who are still enrolled in a college at the time of their initial application. This certificate states that they will complete their education within 60 days of taking their first CPA exam section.
    • Authorization for Interstate Exchange Exam and Licensure Information for Applicants from other states who want to transfer credit to Nebraska.
    • ADA Modification Form in compliance with the American Disability act if necessary.
    • Any related fees for the application and each section of the exam.
  • Applicants must schedule their exam through Prometric after they receive their Notification to Schedule. They must do so within six months of receiving the notification.
  • They must pass all four sections with a grade of at least 75% within an 18-month period.

Experience Requirements

Once Applicants pass their Uniform CPA Exam, they must accumulate relevant accounting experience. During this process, they must meet the following requirements set by the Nebraska Board of Public Accountancy.

  • Applicants must take and pass the Professional Ethics course offered by the American Institute of CPAs (AICPA). They must pass the exam by obtaining at least 90% on the test.
  • Applicants must apply for their Nebraska CPA certificate using the Application for Certificate Issuance.
  • They must acquire the necessary experience, which meets the following requirements.
    • The experience must come from academia, government, industry or public accountancy work.
    • It must include at least 4,000 hours earned in a minimum of two years.
    • It must be obtained under a CPA’s direct supervision with an active permit to practice within a licensed and registered CPA firm.
    • Applicants working in government must complete three years of experience. It must be from the Nebraska Auditor of Public Accounts, Nebraska Department of Revenue or the Federal Internal Revenue Service.
  • They must have their supervising CPA complete the Public Accounting Experience Form, including a notarized signature.

Summary

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

  • Applicants must complete their educational requirements set by the Nebraska Board of Public Accountancy.
  • Then, they must take and pass the Uniform CPA Exam.
  • They must complete the experience requirements set by the board.
  • Lastly, they must apply for their Nebraska state CPA license.

References

  1. “Nebraska Board of Public Accountancy” – https://nbpa.nebraska.gov
  2. “Licensing Requirements” – https://nbpa.nebraska.gov/individuals/licensing-requirements
  3. “CPA Exam” – https://nbpa.nebraska.gov/exams/cpa-exam
  4. “Forms and Applications” – https://nbpa.nebraska.gov/forms/forms-and-applications
  5. “Nevada | NASBA” – https://nasba.org/exams/cpaexam/nevada/