Iowa requires 150 credit hours to earn a CPA license, however, you may sit for the CPA exam after earning a bachelor’s degree along with 24 semester hours in accounting courses. The work experience requirements are pretty standard and require one year of public or non-public accounting experience.
To be eligible to sit for the CPA exam students must first fulfill these qualifications and requirements:
- Minimum age: None
- U.S. Residency NOT Required
- State Residency NOT required
Education Requirements
Candidates should fulfill ONE of the following:
(1) Graduate degree in accounting:
(2) Graduate degree in business:
- 24 credit hours in Accounting
- At least one course in each of financial accounting, auditing, taxation, and management accounting
(3) Undergraduate degree in accounting or business:
- 24 credit hours in Accounting
- At least one course in each of financial accounting, auditing, taxation, and management accounting
(4) Undergraduate degree
- 24 credit hours in Accounting with at least one course in each of financial accounting, auditing, taxation, and management accounting
- 24 credit hours of business-related courses such as finance, management, marketing, economics, and business law
CPA License Requirements
Education
- 150 semester units from accredited university
Work Experience
- 1 year (2,000 hours) of public or non-public accounting experience verified by an active CPA (does not need to be supervisor)
- Teaching experience in the accounting field qualifies: minimum of 24 semester hours of accounting courses
- Work in government, industry, public service or academia is qualified).
- There are additional requirements for attest qualification
- Part-time work is allowed but must complete 2,000 hours within 1-3 years.
Ethics Exam
- Passing of the AICPA ethics exam (Cost of course is $149 or $119 for AICPA members)
Lowa CPA Exam Fees
The cost to take all four sections of the CPA exam in Iowa is $743 plus the initial $145 application fee. The re-examination registration fee varies depending on the number of sections you are signing up for.
Iowa requires 150 credit hours to earn a CPA license, however, you may sit for the CPA exam after earning a bachelor’s degree along with 24 semester hours in accounting courses. The work experience requirements are pretty standard and require one year of public or non-public accounting experience.
To be eligible to sit for the CPA exam students must first fulfill these qualifications and requirements:
Auditing and Attestation (AUD) | $195.35 |
Business Environment and Concepts (BEC) | $176.25 |
Financial Accounting and Reporting (FAR) | $195.35 |
Regulation (REG) | $176.25 |
Application Fee: | $145 |
**Important Note: You should not apply and pay for exam sections that will not be taken within six months because your Notice to Schedule (NTS) in Iowa expires 6 months after issuance.
Additional CPA Requirements
- Pass all 4 sections of the CPA exam with a score of 75% or higher
- Complete verified accounting work experience
- Pass the AICPA ethics exam
- Fill out and submit all required CPA license application paperwork
- Pay the CPA license application fee
NJ Exam Information and Resources
For more details, please contact:
1920 SE Hulsizer Road
Ankeny, IA 50021-3941
Email: [email protected], [email protected]
Phone: 515-281-5910
Fax: 515-281-7411
What’s Next?
Now that you have started the CPA exam application process, your next step is to find a CPA review course that fits your budget, learning style and schedule.It can take several weeks for your application to be processed so don’t waste that valuable time waiting to hear back from your state board. If you start studying now you will get a nice jump start on the material and will be better prepared to pass your first CPA exam!
Bryce Welker is a regular contributor to Forbes, Inc.com, YEC and Business Insider. After graduating from San Diego State University he went on to earn his Certified Public Accountant license and created CrushTheCPAexam.com to share his knowledge and experience to help other accountants become CPAs too. Bryce was named one of Accounting Today’s “Accountants To Watch” among other accolades. As Seen On Forbes