US CPA Exam Requirements — 2021
The individual state accounting boards of the United States set the US CPA exam requirements. Every state board in the US has different requirements to sit for the CPA exam. Most of the states have a core set of qualifications that US CPA is required to be eligible for.
Let’s know the qualifications that are needed to sit for the US CPA Exam.
Citizenship Qualification:
Do you need to be an American citizen to take the CPA exam?
The answer is ‘No.’
Most American states allow non-American citizens to become US CPAs. But there are few states like North Carolina that only certify citizens.
Social Security Identification:
Do US CPA aspirants require a Social Security Identification to take the CPA exam?
The majority of the state boards in the United States need a valid social security identification. People don’t bother about US SS identification, as most international candidates are rarely involved in this system. Few states like New York, Montana, Wisconsin, Illinois, and South Dakota do not require Social Security Identification. So, you can apply to those states.
Age Restrictions:
All 55 licensing jurisdictions require a minimum age of 18 years to apply for the US CPA exam.
Educational Requirements:
- To be eligible for sitting the US CPA exam, one must complete a bachelor’s degree or have 120 educational credits. Few states require any bachelor’s degree, but some other states require a degree in the fields of business, accounting, or finance.
- Regardless of the degree, most US states require a minimum level of accounting coursework or business-related coursework.
- Let’s know in detail: For example, many states require the US CPA aspirant to complete minimum 24 semester hours in the accounting courses, including intermediate and advanced taxation, financial accounting, and cost accounting. Typically, states need a minimum of 20 credit hours in courses like financial management and business.
- Before you did your graduation, few states allow you to sit for the CPA exam.
- All the US state boards require your education to come from a recognized institution.
- Few states need a minimum of 150 credit hours to sit for the Uniform Certified Public Accountant exam. But, the majority of states require 120 credits to be exam eligible.
Work Experience:
There is no need for any work experience to sit for the CPA exam.
Conclusion:
The above article gives you the requirements of the US CPA exam. It is the best time to start your preparation for your CPA exam. Happy Learning!
For any queries about US CPA, contact Simandhar Education +91 7780273388.
