Vermont CPA Requirements

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 Vermont 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.

The CPA exam has a different set of requirements for candidates in every state. With each state requiring different things from candidates, this may lead to some confusion. Candidates in the state of Vermont should read the CPA requirements below to see if they are eligible to earn their CPA designation.

Vermont CPA Contact Information

Those students who will be taking the CPA exam in Vermont should double check with the Vermont Secretary of State, Office of Professional Regulation 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.

Vermont Board of Accountancy

  • 89 Main Street, 3rd Floor, Montpelier, VT 05620
  • 802-828-2373

VISIT VERMONT BOARD OF ACCOUNTANCY

CPA Requirements VT

Degree and Education Requirements in Vermont

The state of Vermont 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.

On top of completing the total number of credit hours, Vermont requires candidates to hit a certain number of hours in accouting classes and in business or related courses. Vermont requires candidates to have 18 credit hours in accounting classes and 24 credit hours in business or other related courses. Students that are accounting majors should have no trouble hitting these requiremets.

Degree and Education Requirements in Vermont

  • Bacclaureate Degree Required
  • 150 Total Credit Hours
  • 18 Credit Hours in Accounting Classes
  • 24Credit Hours in Business Related Classes

Residency and Age Requirements in Vermont

Candidates who wish to take the CPA in the state of Vermont 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 Vermont resident either. The state of Vermont 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.

Residency and Age Requirements in Vermont

  • U.S. Citizenshp Not Required
  • Residency in the State of Vermont Not Required
  • No Age Requirements

CPA Fees in Vermont

The CPA is a relatively expensive exam to take, so it is important to prepare and be ready the first time. The state of Vermont charges an application fee of $150. Each test section on the CPA costs $208.40 in Vermont.

CPA candidates in Vermont 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 FEES in Vermont

  • Application Fee- $150
  • Audit - $208.40
  • Financial - $208.40
  • Regulation - $208.40
  • Business - $208.40
  • Total - $983.60

CPA License Requirements in Vermont

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. Vermont 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 Vermont - 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 Vermont need to complete 80 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 2 years in Vermont.

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.

Vermont CPA Experience Requirements

Vermont 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 Vermont

Another box that must be checked when earning your CPA in the state of Vermont 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. Vermont also requires candidates to have a social security number.

  • CPE Hours

  • 80 Total CPE Hours Required
  • Renewal Every 2 Years
  • Work Experience

  • Work Experience Required
  • Accounting, Compilation, Advisory, Tax, or Consulting
  • Other Requirements

  • Social Security Number Required
  • Passing of the AICPA Ethics Exam

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.