How to become a CPA. Step by Step guide

How to Become a CPA: Steps, Requirements & Tips for Success

How to Become a CPA: Steps, Requirements, & Tips—this guide will help you understand how to achieve licensure, covering essential steps, requirements, and practical tips to guide you along the way.

Becoming a CPA involves meeting specific educational prerequisites, passing a comprehensive exam, and completing required work experience. 

In this article, we’ll break down the step-by-step process to becoming a CPA.

CPA Licensure Requirements: Overview

Every state has unique requirements, but generally, you’ll need to meet the following to become a CPA:

• Education: A total of 150 semester hours, usually requiring additional coursework beyond a bachelor’s degree.
• CPA Exam: Four sections covering essential topics in accounting and finance.
• Experience: One to two years of supervised work experience in most states.

Estimated Time: Education (4-6 years), Exam (6-12 months), Experience (1-2 years)

Step 1. Educational Requirements: Earning 150 Credit Hours

You’ll need 150 semester hours, which often translates to a bachelor’s degree, additional coursework, or a master’s degree.

• Pathways to 150 Hours: Many candidates pursue a bachelor’s degree followed by a master’s in accounting, while others enroll in a combined degree program or supplement with extra courses.

Estimated Time: Bachelor’s + Additional Coursework (5-6 years)

For specific educational options if you are an Indian CA, read our article on CPA eligibility.

Step 2. CPA Exam Structure: Core and Discipline Sections

The exam consists of three core sections, which everyone must take, and one discipline section that allows you to specialize.

Core Sections (All Required)

• Financial Accounting and Reporting (FAR): Financial reporting for various entities.
• Auditing and Attestation (AUD): Auditing standards and ethics.
• Taxation and Regulation (REG): Taxation, business law, and ethics.

Discipline Sections (Choose One)

• Business Analysis and Reporting (BAR): Advanced financial analysis, ideal for corporate roles.
• Information Systems and Controls (ISC): For IT audits and cybersecurity focus.
• Tax Compliance and Planning ( TCP): Specialized in tax advisory services.

Estimated Time: Exam Preparation and Testing (6-12 months)

Check out Choosing Your CPA Exam Discipline for guidance on choosing a discipline.

Step 3. CPA Exam Application and Scheduling

• Application: Submit to your state board, which verifies your eligibility.
• Receive NTS: The Notice to Schedule lets you book your exams.
• Scheduling: You can take the exam sections in any order; many start with FAR due to its complexity.

Estimated Time: Application Process (4-6 weeks), Exam Scheduling (Varies per availability)

Pass your exams in your first try, Eduyush offers CPA review course which have a 88%+ pass rates. 

Step 4. Fulfilling the CPA Experience Requirement

To qualify for licensure, you’ll need relevant work experience under the supervision of a licensed CPA.

• Public Accounting: Common for audit or tax roles in CPA firms.
• Corporate Accounting includes roles in financial reporting, compliance, and internal auditing.

Estimated Time: Experience Requirement (1-2 years, varies by state)

Learn more about fulfilling experience requirements by understanding CPA experience requirements.

Step 5. Applying for CPA Licensure

After passing the exam and completing your Experience, you can apply for your license:

• Complete State Requirements: Verify that you’ve met all education, exam, and experience standards.
• Submit Application: Include verification documents and pay applicable fees.
• Additional Steps: Some states require passing an ethics exam.

Estimated Time: Licensure Application (4-8 weeks)

Read How to Apply for CPA Licensure for details on the application process.

Step 6. Maintaining Your CPA License with CPE

CPAs must complete Continuing Professional Education (CPE) to renew their licenses:

• Types of CPE: Courses include ethics, industry updates, and technical skills.
• State Requirements: CPE varies but generally requires 40-80 hours per year.
• Tracking CPE: Apps and online tools can help manage your CPE hours.

Estimated Time: Ongoing CPE (40-80 hours annually, varies by state)

For CPE requirements by state, see CPA CPE Requirements.

How to become a CPA Timeline Summary: From Start to Licensure

Here’s a summarized timeline showing each major step and estimated time requirements:

Tips for Success on Your Journey

Achieving CPA licensure is a commitment, but with these tips, you can set yourself up for success:

1. Organize Your Timeline: Plan each step with a planner to stay on track.
2. Use the Right Study Materials: Invest in a quality review course that matches your learning style—options like Surgent review course sold by Eduyush has an over 88% pass rate.
3. Join Study Groups or Forums: Connect with other candidates for support and motivation.

Additional Resources

Access these resources to help you along the way:

1. How to Choose the Right CPA State for international students
2. CPA review course with 88% pass rate
3. CPA Syllabus

Conclusion: Navigating the CPA Pathway

The journey to CPA licensure requires planning, dedication, and the right resources. By following these steps and using the tips provided, you can achieve licensure and advance your career in accounting. Remember, while the process can be challenging, each step brings you closer to becoming a trusted financial professional.

Explore our entire series of US-focused blogs for more information and resources to help you succeed.