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 South Dakota 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 South Dakota, consider the following requirements and see if you meet all the standards to take the CPA exam.
South Dakota CPA Contact Information
Those students who will be taking the CPA exam in South Dakota should double check with the South Dakota Board of Accountancy to look for any fee, rules, or requirement changes. Earning a CPA degree can be very stressful, but will be a reqarding experience and help you out in the long-run.
CPA Requirements SD
Degree and Education Requirements in South Dakota
Baccalaureate degrees are required for all CPA candidates in the state of South Dakota. Candidates must also complete 150 credit hours in addition to earning their baccalaureate degree. Most colleges and universities award baccalaureate degrees after students complete 120 credit hours - this means those who wish to sit for the CPA must complete an extra 30 credit hours to be eligible for the CPA exam.
An additional requirement by the state of South Dakota includes candidates taking 24 credit hours in accounting classes and 24 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 South Dakota
Candidates who wish to take the CPA in the state of South Dakota 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 South Dakota resident either. The state of South Dakota 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 South Dakota
With the CPA exam being so expensive, candidates should ensure they are prepared to take the CPA exam the first time around. South Dakota has an application fee of $120. Along with the application fee, candidates will also have to pay $208.40 for each test section on the CPA.
Candidates who wish to take the whole CPA exam in South Dakota will have to pay a total of $953.60. Candidates who need to retake portions of their CPA exam will have their registration fee adjusted accordingly.
CPA License Requirements in South Dakota
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. South Dakota 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 South Dakota - Continuing Education
Continuing professional education, also known as CPE, is education hours that CPA holders are required to complete to keep their CPA designation. CPA holders in South Dakota need to complete 120 CPE hours. These hours are important for CPA holders to complete so that they can continue to learn new material and refresh their minds on older material. CPA holders need to renew their CPE hours every 3 years in South Dakota.
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.
South Dakota CPA Experience Requirements
South Dakota 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 South Dakota
Another box that must be checked when earning your CPA in the state of South Dakota 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.
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.