How do i become a CPA?
To become a CPA, you must earn a bachelor's degree in accounting or a related field and complete 150 semester hours of education. You also need to gain relevant work experience, usually 1-2 years, under a licensed CPA. Passing the Uniform CPA Examination is required, as well as meeting any state-specific ethics and licensure requirements. After obtaining your license, you must maintain it through continuing professional education. The process ensures CPAs are highly qualified and up-to-date in their field.
Earn a bachelor's degree
Complete a bachelor's degree in accounting or a related field, which is required to sit for the CPA exam.
Meet the education requirements
Most states require 150 semester hours of education, which is more than a typical bachelor's degree, so additional coursework or a master's degree may be necessary.
Gain relevant work experience
Obtain the required amount of professional accounting experience, usually 1-2 years, under the supervision of a licensed CPA.
Pass the CPA Exam
Successfully complete all four sections of the Uniform CPA Examination, which tests knowledge and skills in accounting and related areas.
Apply for licensure
Submit an application to your state board of accountancy, providing proof of education, experience, and exam completion.
Meet ethics requirements
Some states require passing an ethics exam or course before licensure.
Maintain licensure
Fulfill continuing professional education (CPE) requirements to keep your CPA license active.
Typical requirements of a CPA
Bachelor's degree in accounting or related field
A four-year degree is the minimum educational requirement.
150 semester hours of education
Most states require additional coursework beyond a bachelor's degree.
Passing the CPA Exam
All candidates must pass the Uniform CPA Examination.
Relevant work experience
Typically 1-2 years of supervised accounting experience is required.
State licensure
Must be licensed by the state board of accountancy.
Alternative ways to become a CPA
Earn a master's degree in accounting
Completing a master's program can help meet the 150-hour requirement and provide advanced knowledge.
Take additional undergraduate courses
If you already have a bachelor's degree, you can take extra courses to reach the required credit hours.
Work in public accounting while studying
Some firms hire candidates as associates or interns while they complete their education and exam requirements.
Transfer credentials from another state
If you are licensed in one state, you may be able to transfer your license to another state through reciprocity.
International pathway
Foreign accountants may qualify through the International Qualification Examination (IQEX) or similar programs.
How to break into the industry as a CPA
Pursue internships during college
Internships provide practical experience and networking opportunities in accounting.
Network with professionals
Attend industry events, join accounting organizations, and connect with CPAs to learn about job opportunities.
Apply for entry-level accounting positions
Start as a staff accountant or auditor to gain experience and work toward CPA requirements.
Study for and pass the CPA Exam
Passing the exam is essential for career advancement in accounting.
Seek mentorship
Find a mentor in the field to guide your career development and help you navigate the CPA process.
Join professional organizations
Membership in groups like the AICPA can provide resources and job leads.
Continue professional development
Stay current with industry trends and fulfill continuing education requirements.