I Will Help You Understand the CPA Requirements, Pass the CPA Exam & Expedite Your Career Success
Welcome to the CPA Requirements HQ, where you will find all the information you need to prepare for and pass the CPA exam, get your Certified Public Accountant (CPA) license and expedite your career success. You will find information on State by State requirements, International requirements, CPA exam review courses, study guides, practice exams and several tips and strategies to maximize your chances of success.
I passed all four parts of the CPA exam on my first attempt and was making a six figure salary by the time I was 28.
Not only that, but I still get 3 to 4 solid job offers in my inbox each month on auto-pilot and never have to worry about job security again.
How? Because of just a handful of key initiatives I took that are easy, yet most people don’t do them because they either don’t know or are not motivated enough to expedite their career success.
I started this website to give back to the CPA community, share how I was able to expedite my career success and help you achieve the same in the process. On this website, I will not only discuss the requirements to become a CPA, but also how to pass the CPA exam on your first attempt and most importantly, how to propel your career as a CPA so that you achieve maximum success as quickly as possible.
Why? Because your career is your number one asset, and the bigger and quicker you can grow it, the faster and more financially successful you will be.
The Inspiration Behind My Website
This website was inspired by a few questions I repeatedly got from friends and colleagues in the same or similar profession . . .
- I was constantly asked about what the CPA license requirements are. Because requirements vary by State I decided to compile all the information on this website.
- Because I scored above 90% in all four parts in one sitting, I was always asked what is the best way to study for and pass the CPA exam, as well as the best CPA course to take to prepare for it.
- Because I am a naturalized citizen and not first generation American, many international students and professionals felt comfortable asking me how they can achieve what I have.
- I was always asked how I am able to progress so fast in my career, both in terms of position and salary.
- I was always asked why I don’t worry about job security and marketability, and how I was able to attract multiple, solid job offers coming to me regularly all on auto pilot.
I have poured everything I know into this website, and I hope you are able to benefit from what I know and have learned over the years in this field.
In addition to answering all the questions above and detailing out the various CPA requirements, I have also written some other relevant information for aspiring CPAs on this website.
You will find some information on what an average CPA salary is, the CPA exam requirements, the CPA ethics course and a bit about the Prometric CPA exam, which I have seen evolve over the last few years, as well as some of my thoughts on reasons to become a CPA, the different types of CPA careers and how to expedite your career success in this profession.
The Evolution of CPA Requirements
The CPA profession has evolved drastically over the years, and because of that so have the CPA requirements. CPAs today are more than just traditional accountants. Many take operational leadership roles of all sorts, while many others move on to become part of a company’s C level suite. Many end up in boards of directors and audit committees.
Before you get too involved in this material, let me clarify right now that you need a CPA license if you plan on practicing in public accounting, especially if you aspire to become a partner in a public accounting firm. You need a CPA license to performing auditing work and provide attestation services, the two main and biggest service offerings of a public accounting firm. However, you do not need to worry about any CPA requirements if you plan on working inside a public or private organization.
Having said that, many companies prefer that their employees in key accounting and finance roles, such as the Controller or CFO (Chief Financial Officer) have an active CPA license. So if you plan on holding a key position in accounting or finance within any organization, obtaining your CPA license is a key credential that you must earn to significantly enhance the chances of an ideal and lucrative professional career.
Some other lucrative careers where a CPA license is extremely valuable are management accounting, government accounting, tax accounting, internal auditing, mergers & acquisitions and consulting. I will discuss each one of these in detail in other sections of this website.
Global CPA Requirements are on the Rise
Because of a growing global business landscape, statistics show that there is a shortage of CPAs, but at the same time many students are pursuing a CPA career because of the opportunities it presents in the long run. By 2020, the number of CPAs is projected to be just under 2 million.
CPAs are granted their licenses by each individual State’s Board of Accountancy. For this reason, the CPA license requirements can vary from one State to another. But that said, there are a lot of similarities between the States because each State has to comply with the Uniform Accountancy Act.
As far as educational CPA requirements are concerned, you must have at least a bachelor’s degree with 150 hours in education. Once you have that, you are qualified to prepare for the CPA exam requirements. You will likely want to take a CPA review course to methodically prepare for one of the biggest and most challenging professional exams that exist.
The CPA exam used to be a pencil and paper exam where you had to take all four parts at once. You can just imagine how challenging this can be from a preparation and psychological standpoint. These days however you can take the Prometric CPA exam, which is a uniform exam and often can be taken at one of many testing locations at your convenience whenever you are ready.
Once you pass the CPA exam, you will have to invest 2,000 hours in relevant work experience, typically with a public accounting firm under the supervision of another licensed CPA. Once you have your 2,000 hours, your State’s Board of Accountancy will grant you your CPA license. However, the journey doesn’t end here. In fact it just starts here
Each State requires you to complete at least 40 hours of continuing professional education (CPE). But don’t worry, CPA courses are readily available both online and offline almost everywhere.
So there you have it, the CPA license requirements in nutshell. But a nutshell is merely not enough. You will find in depth information on each sub topic on this website. Just use the header links to browse to the different sections.
Because of all the wonderful things involved in becoming a CPA, this website is dedicated to the CPA requirements you need to pass the CPA exam and enjoy a lucrative and fulfilling career.
I hope you find my website helpful.
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