The CPA is one of the hardest and prestigious professional designations someone can earn. Having said that, the CPA designation is the gold standard throughout the accounting industry. Candidates who earn their CPA's will accelerate their careers, earn promotions, and most likely earn a pay increase. The exam has many CPA requirements in Arkansas that must be met before candidates can even take the exam. Make sure you are ready for the CPA exam by checking out our best CPA review courses.
One thing that makes the CPA exam so unique is that each state has a different set of requirements that candidates must meet before they can take the exam. For those candidates who wish to earn their CPA in Arkansas, read the requirements below to see if you are eligible to take the CPA exam.
Arkansas CPA Contact Information
Earning your CPA designations is a very rewarding experience. The process will be very long and stressful, but will be worth it in the long-run. Candidates who will be taking the CPA exam in Arkansas should verify they meet all the requirements with the Arkansas State Board of Public Accountancy to check for any fee, rules, or general requirement changes.
CPA Requirements AR
Degree and Education Requirements in Arkansas
The state of Arkansas requires all CPA candidates to have their baccalaureate degrees. As well as earning their baccalaureate degree, candidates must complete 150 credit hours. This is significant because most colleges and universities award baccalaureate degrees after only 120 credit hours – students who wish to take the CPA after they graduate must take an additional 30 credit hours.
Along with candidates needing to achieve a total number of credit hours, candidates in Arkansas are also required to have 30 credit hours in accounting classes and 30 credit hours in business or other related courses. Candidates that chose to be accounting majors should have no problem meeting these requirements.
Residency and Age Requirements in Arkansas
Candidates who wish to take the CPA in the state of Arkansas do not have to be United States citizens. As well as not having to be a U.S. citizen, candidates do not have to be a Arkansas resident either. The state of Arkansas does not have a minimum age requirement to sit for the CPA, so if you meet all the other requirements, you can take the CPA at whatever age you desire.
CPA Fees in Arkansas
The CPA is a relatively expensive exam to take, so it is important to prepare and be ready the first time. The state of Arkansas charges an application fee of $170. Each test section on the CPA costs $208.40 in Arkansas.
Candidates who wish to take the whole CPA exam in Arkansas will have to pay a total of $1003.60. Candidates who need to retake portions of their CPA exam will have their registration fee adjusted accordingly.
CPA License Requirements in Arkansas
On top of all the requirements that must be met to take the CPA, there are also requirements that must be fulfilled to maintain a CPA designation. Arkansas CPA holders are required to complete continuing education hours, have a social security number, and pass the AICPA Ethics Exam. As well as those requirements, CPA holders must also have prior work experience.
CPE in Arkansas - Continuing Education
CPE, also known as continuing professional education, is needed for candidates to continue holding their CPA designation. Arkansas requires their CPA holders to complete 120(over 3 years) CPE hours. CPE hours are required so that individuals can continue to improve their skills and learn new skills. CPA holders need to renew their CPE hours every 1 year in Arkansas.
With the accounting world always changing, CPE hours have become all the more important. New rules and regulations are constantly being added. Candidates can complete their CPE requirements in various ways and are usually required to complete the hours based on various subjects. For more information, click here.
Arkansas CPA Experience Requirements
Arkansas requires candidates to have experience before they can issue the license. Usually this experience includes providing any type of service that uses accounting, compilation, advisory, tax, or consulting.
Note – work experience is not required to sit for the CPA exam, only to have the state issue your CPA license.
Other Requirements in Arkansas
Another box that must be checked when earning your CPA in the state of Arkansas includes passing the AICPA Ethics exam. The AICPA Ethics exam is designed by the AICPA and is used to prepare CPA candidates for ethical problems they may encounter in their professional accounting careers. Arkansas also requires candidates to have a social security number.
Additional Links and Resources
For more information on the CPA exam and requirements check out the following links. With the CPA exam being so expensive to take, make sure you pass it the first time – see our reviews for the top CPA review courses.