To become a Certified Public Accountant (also known as CPA), applicants should satisfy all the requirements given by the National Association of State Boards of Accountancy. However, applicants must be aware that some of the requirements may vary from one state to another. To avoid experiencing hassles and difficulties, applicants are advised to first identify the requirements in their states before they submit the application form for the examination. Discussed below are the CPA requirements by state in America.
In this state, applicants should at least finish 150 college credits, which include a baccalaureate degree, 24 college credits in accounting courses and 24 college credits in business administration. In addition, applicants should complete 15 credits in the graduate level. Aside from these, applicants must also be sure that the state board accredits the schools where they completed the above-mentioned courses. For applicants who finished the courses in other countries, the board should evaluate their education before they get the chance to take the exam. It is also important that they get a passing grade in the four sections of the accounting examination.
Applicants should complete a bachelor degree and should finish 20 semester hours in accounting and 10 accumulated hours in business law, finance and economics. In addition to these, applicants should have at least two years working experience and should be under the supervision of a licensed accountant.
To apply for the examination, graduates should submit a copy of their transcripts to the state board. Additionally, they should finish 150 semester hours in college. Nine hours of the 150 hours should be allotted in financial accounting, 12 hours in accounting electives, three hours in cost accounting, three hours in auditing and three hours in federal income tax. Above all, it is necessary that applicants have at least two years working experience related to accounting.
In Texas, applicants should hold a bachelor degree in any college or university in the United States. It is necessary that they completed 30 semester hours in accounting, 24 semester hours in business course and three semester hours in ethics. To become a CPA in this state, applicants should get 85 per cent in the licensure examination. It is also important to have at least a year job experience as an accountant. It is important that applicants be under the supervision of a registered accountant or a Certified Public Accountant. Applicants should also have sufficient working experience on issuing financial statements, offering financial consultancy services and offering forensic accounting as well as internal auditing services.