Becoming a Certified Public Accountant (CPA) is an amazing and very prestigious accomplishment that opens you up to a new world of career opportunities in the financial industry. It’s important to note that before you can sit and take your CPA exam, there are a few requirements that need to be met, including completing a specific number of accounting hours.
That’s why today, we’re diving into just how many accounting hours for CPA are needed, what the CPA coursework requirements are, and a little roadmap for any of you future CPAs who are aiming for successful careers in the industry.
Let’s get started!
What Does the CPA Path Look Like?
Understand that the CPA certification process is a rigorous one, with education starting as the first foundational step. All states are complete with their own set of eligibility requirements, but there is a general rule of thumb that remains consistent across the board: A minimum threshold of how many accounting hours for CPA certification must be met.
When you can comprehend the educational aspect of it all, including the CPA coursework requirement, you’ll be in a good space. The most common educational requisite is completing 150 semester hours of post-secondary education. This might sound straightforward, but please note that a lot of meticulous planning is involved to make sure that distinct accounting and business courses are integrated into your academic schedule.
How Many Accounting Hours for CPA Are Required?
Understanding how many accounting hours for CPA are needed really depends on the state. That said, most states will have a requirement that candidates complete 150 hours of education, with 30-3 of those specifically being contributed to accounting. Usually, these courses include:
- Financial Accounting
- Managerial Accounting
- Financial Review
- Taxation
Now, those are core subjects, so aspiring CPAs are also usually required to take a host of business courses in finance, business law, and ethics. Some states might even mandate specialized courses on advanced topics. You can never be too prepared!
We find that the 150-hour study requirement usually prompts candidates to pursue their master’s degree in accounting or a related field–even more so if their undergrad degree doesn’t cover the hours.
Breaking Down CPA Coursework Requirements
When you have a firm grasp of the CPA coursework requirements you’re able to plan your education more effectively. You might come across more than just accounting courses because some states require that their candidates leave the school with a well-rounded skillset. You can count on your core courses to cover:
- Financial Review and Assurance
- Financial Reporting
- Cost Accounting
- Income Taxation
Your non-accounting courses will typically include:
- Economics
- Business Communication
- Organizational Behavior
- Data Analytics
Don’t forget that accreditation matters as well. In order to meet the CPA coursework requirements, it has to have been completed at an institution that is accredited. You can find a list of your state’s approved schools and online courses.
Planning Your Education to Meet CPA Requirements
We know that you want to see success as a CPA candidate and strategic planning is half of the battle! It doesn’t matter if you’re a student who is just starting out their academic journey or if you’re a working professional making an academic comeback, knowing how many accounting hours for CPA you need will help you in the long run. Here are a few tips:
Start with Your State’s Requirements
Remember that every state has its own set of standards when it comes to its CPA coursework requirements. Start by communicating with your state’s board of accountancy to figure out the required courses and total hours.
Leverage Combined Programs
Make sure you’re keeping an eye out for any colleges or universities that can provide you with combined undergraduate and graduate programs. Usually, these are specifically designed to meet how many accounting hours for CPA candidates will need.
Consider Online Options
Online education has solidified its place in society as a flexible way to meet your CPA coursework requirements. Lots of accredited institutions offer online options for students who need remote learning for their work, life, and education balance.
Seek Guidance
You don’t have to go at this alone! You have the option to work with academic advisors, mentors, and even experienced CPAs to help you take steps in the right direction.
Becoming a CPA is a tough journey, but the reward at the end is invaluable. When you understand how many account hours for CPA are required of you, you’re able to better plan your education. If you’re ready to elevate your financial expertise and maybe need a little guidance, get in touch with the Estess CPA team!
We’ll help you take the first step. Click here.
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