23 Nov Oregon CPA Exam & License Requirements
Oregon requires 150 credit hours and one year qualifying work experience to obtain a CPA license. The work experience requirements are more lenient than most states and allow qualifying part-time work which can be signed off by a CPA or a chartered accountant if they are from Canada, Mexico, or Ireland. There are two levels of qualifications for accountants in Oregon. They are the CPA (Certified Public Accountant) and the PA (Public Accountant). The requirements for both of these are quite different so be careful to choose the correct one.
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
- 4-year bachelor degree or higher
- Fulfill 150 credit hours
- 24 semester credits of accounting courses
- 24 semester credits of additional accounting or business courses
OR CPA License Requirements
- Same as above
- 1 year of accounting experience supervised by a CPA or CPA equivalent
- CPA equivalent can be an licensed Oregon PA or a licensed Chartered Accountant from the countries of Canada, Mexico or Ireland
- Verifying CPA must hold an active license for a minimum of 5 years prior to the period of supervision
- Qualifying part-time experience can be counted but must be at least 20 hours per week.
- Passing of the AICPA ethics exam
- Cost of course is $149 or $119 for AICPA members
Oregon CPA Exam Fees
The cost to take all four sections of the CPA exam in Oregon is $743 plus the initial $100 application fee. The re-examination registration fee is $100 as well.
|Auditing and Attestation (AUD)||$195.35|
|Business Environment and Concepts (BEC)||$176.25|
|Financial Accounting and Reporting (FAR)||$195.35|
**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 Oregon 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 AICPA Ethics Exam
- Fill out and submit all required CPA license application paperwork
- Pay the CPA license application fee
OR Exam Information and Resources
For more details, please contact:
Oregon State Board of Accountancy
3218 Pringle Road, S.E. #110
Salem, OR 97302-6307
Email: [email protected]
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!