The CPA designation is the gold standard in the accounting industry. Earning your CPA can accelerate your career, lead to promotions, and an increase in salary. The CPA is one of the hardest designations for professionals to earn because of the content on the exam and the number of CPA requirements in Wyoming that need to be met to take the exam. For help preparing for the CPA exam, check 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 Wyoming, consider the following requirements and see if you meet all the standards to take the CPA exam.
Wyoming CPA Contact Information
Those students who will be taking the CPA exam in Wyoming should double check with the Wyoming Board of Certified Public Accountants 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 WY
Degree and Education Requirements in Wyoming
Baccalaureate degrees are required for all CPA candidates in the state of Wyoming. 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.
On top of completing the total number of credit hours, Wyoming requires candidates to hit a certain number of hours in accouting classes and in business or related courses. Wyoming requires candidates to have 24 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.
Residency and Age Requirements in Wyoming
Candidates who wish to take the CPA in the state of Wyoming 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 Wyoming resident either. The state of Wyoming has a minimum age requirement of 18 to sit for the CPA, so if you meet all the other requirements, you can take the CPA at the minimum age of 18.
CPA Fees in Wyoming
The CPA is a relatively expensive exam to take, so it is important to prepare and be ready the first time. The state of Wyoming charges an application fee of $110. Each test section on the CPA costs $208.40 in Wyoming.
Candidates who wish to take the whole CPA exam in Wyoming will have to pay a total of $943.60. Candidates who need to retake portions of their CPA exam will have their registration fee adjusted accordingly.
CPA License Requirements in Wyoming
Not only are their requirements that must be met to take the CPA, but there are also requirements that must be met to maintain a CPA designation. The state of Wyoming requires CPA holders to complete continuing education, have a social security number, and pass the AICPA Ethics Exam. CPA holders are also required to have work experience.
CPE in Wyoming - 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 Wyoming 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 Wyoming.
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.
Wyoming CPA Experience Requirements
Wyoming 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 Wyoming
Another box that must be checked when earning your CPA in the state of Wyoming 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. Wyoming 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.