Earning your CPA can be one of the best decisions you make in your life. Candidates who earn their CPA will have accelerated careers leading to job promotions and increases in salary. The CPA designation is one of the top designations in the accounting industry and one of the best professional designations throughout the business world. There are a number of CPA requirements in Kentucky that must be met before candidates can take the CPA exam - this is one reason the CPA designation is so difficult to achieve. Try out a CPA review course by checking out our best CPA review courses.
Every state in the United States has their own set of requirements for candidates before they can take the CPA exam. If you are wanting to take the CPA exam in the state of Kentucky, consider the following requirements and see if you meet all the standards to take the CPA exam.
Kentucky CPA Contact Information
Earning your CPA designation is a very long and stressful process – but can be very rewarding at the end. Candidates who wish to take the CPA exam in Kentucky should make sure they meet all the criteria and should double check with the Kentucky State Board of Accountancy for any fee, rules, or requirement changes.
CPA Requirements KY
Degree and Education Requirements in Kentucky
CPA candidates are required to have their baccalaureate degrees in the state of Kentucky. In addition to earning a baccalaureate degree, candidates must also complete 150 credit hours in college. Some candidates may not reach this requirement because most colleges will award a degree after only 120 credit hours - candidates wanting to sit for the CPA must complete an additional 30 credit hours.
An additional requirement by the state of Kentucky includes candidates taking 27 credit hours in accounting classes and 39 credit hours in business or other related courses. Candidates that are pursuing an accounting major should meet these requirements relatively easy.
Residency and Age Requirements in Kentucky
Candidates who wish to take the CPA in the state of Kentucky have to be United States citizens. Although candidates need to be U.S. citizens, candidates do not have to be a Kentucky resident. The state of Kentucky has a minimum age requirement of 18 to sit for the CPA.
CPA Fees in Kentucky
With the CPA exam being so expensive, candidates should ensure they are prepared to take the CPA exam the first time around. Kentucky has an application fee of $150. Along with the application fee, candidates will also have to pay $208.40 for each test section on the CPA.
CPA candidates in Kentucky who will be taking the full CPA exam will pay a total fee of $983.60. Candidates who only need to retake a portion of the CPA exam will have their fees adjusted to reflect the sections of the exam they will be taking.
CPA License Requirements in Kentucky
Once a candidate earns their CPA, they must also meet some requirements to maintain their CPA designation. Kentucky requires CPA holders to pass the AICPA Ethics Exam, have a social security number, and complete continuing education hours. On top of those requirements, CPA holders also need to have work experience.
CPE in Kentucky - Continuing Education
The state of Kentucky requires CPA holders to complete 80 CPE hours. CPE stands for continuing professional education. Individuals are required to complete these CPE hours so that they can continue to improve their skills and learn new skills. Kentucky requires CPA holders to renew their CPE hours every 2 years.
The accounting world is always changing with new rules and regulations being implemented so CPE hours have become a requirement in most states. 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.
Kentucky CPA Experience Requirements
Kentucky 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 Kentucky
Another box that must be checked when earning your CPA in the state of Kentucky 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. Kentucky 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.