How to Become a Licensed CPA in Utah

//How to Become a Licensed CPA in Utah
How to Become a Licensed CPA in Utah 2017-10-17T07:43:42+00:00

Utah requires 150 credit hours to become certified but has a unique rule that only requires 135 semester hours to sit for the exam. The rest of Utah’s rules are pretty standard across all states.

Let’s take a look at what you need to do to take the exam and get licensed.

Utah CPA Exam Requirements

In order to be eligible to sit for the exam in Utah, candidates must meet the following personal qualifications and educational requirements.

  • No minimum age limit
  • Not Required to be a US citizen
  • Not Required to be a UT resident
  • Valid Social Security Number Required
  • UT does participate in the International Examination Program

 


 

Educational Requirements to Sit

Since you only need 135 credit hours to sit for the exam in Utah, you will still need to take additional courses after you complete your bachelor’s degree. Here are the educational options you have in Utah.

Bachelor’s Degree in Accounting or Business (at least 135 semester hours) including:

  • 16 hours of upper level Accounting courses including:
    • 2 hours of financial accounting
    • 2 hours of cost accounting
    • 2 hours of auditing
    • 2 hours of taxation
  • 15 hours of graduate level Accounting courses including:
    • 1 hour of financial accounting
    • 1 hour of cost accounting
    • 1 hour of auditing
    • 1 hour of taxation
  • 12 hours of both upper level and graduate level Business courses

OR

Master’s Degree in Accounting (at least 135 semester hours) automatically qualifies you to sit.

OR

Master’s Degree in Business or MBA (at least 135 semester hours) including:

  • 24 hours of undergraduate Accounting courses or 15 hours of graduate accounting courses

Since the 135 credit hour rule is a bit odd and 150 credit hours are still needed to become certified, many students just go ahead and complete the 150 before they even attempt the exam.

 


 

Exam Fees

The total cost to take the CPA exam in Utah is $874.08 including an initial one-time $145 application fee. The cost for each section is listed below.

 

AUD – Audit $192.03
FAR – Financial Accounting and Reporting $192.03
BEC – Business Environment and Concepts $172.51
REG – Regulation $172.51

 

The fees are typically based on the duration of the exam. That’s why the FAR and AUD exams cost the most.

IMPORTANT – I know you are excited to sign up and get started, but don’t try to get ahead of yourself and register for all four sections at once. This will end up costing you more in the long run. Your notice to sit will expire if you don’t take the exam in 6 months. This means you will have to re-register and pay an additional registration fee. Re-registration application fees are $65 and varied depending on how many you register for, so only sign up for the exams that you are ready to sit for in the next 6 months.

Registration Fees

Utah fees are around the average of most states, but it doesn’t mean you should have to pay these extra fees. As you can see, registering more exams at once will save you some money.

  • 1 section $65.00
  • 2 sections $80.00
  • 3 sections $95.00
  • 4 sections $110.00

 


 

CPA License Requirements

The CPA exam process is involved and overwhelming for first time applicants. Don’t worry. You can do it! Applying for the test is just the first step in becoming a CPA in UT. Trust me. We have all have been there. It’s kind of like a right of passage. After you pass the exam, here are the things you need to do before you can truly call yourself a Certified Public Accountant.

Pass the Exam

You’ll have to pass all four sections of the exam with a score of at least 75 in an 18-month period.

Paperwork

Submit all the required paperwork to the state board usually includes transcripts, license application, and proof of work experience.

Fees

Pay the license/certification fees with your application.

Ethics Exam

Take and pass the AICPA Professional Ethics exam (found on the AICPA website)

Additional Education

If you didn’t complete the required 150 credit hours and accompanying accounting courses, you must finish these before you will be eligible for a UT license.

 


 

Work Experience Requirements

Utah has the standard 1-year work program in order to get certified. Here is what you need to complete:

1-year or 2,000 hours of general accounting, auditing, and principles skills in Public Accounting, Private Industry supervised and verified by an active CPA.

 


 

More Exam Resources and Information

The initial application process is kind of daunting especially if you attended more than one college. The Utah state board will need evidence of all of your education. You will need to mail in transcripts from every college you’ve attended.

That’s the reason why I suggest contacting the state board during the application process. They will let you know what they have on file and what they need before your application can be approved. Believe me. Nothing is worse than finding out you forgot something at the end of the process.

Unfortunately, state boards hardly ever notify you that something is missing. Things can get lost or forgotten about. I know this firsthand. My transcripts actually got lost in the mail. I had to send them twice from one of my colleges! It was a big pain and added two weeks on the process.

Directly contacting the board is the easiest way to confirm that they have everything they need before you get too far along in your application.

Here is the contact info for the state board.

Utah State Board of Accountancy

Utah CPA Application Forms

    • P.O. Box 146741
    • Salt Lake City, UT 84114-6741

 

  • Phone: 801-530-6628
  • Fax: 801-530-6511

 

Utah Society of CPAs

NASBA – Utah

 


 

Now What?
Time to Get Busy!

 

OK. So you have all the information to get signed up for the exam. Now you need to find a study guide that will work for you. Depending on how you learn, your overall time frame goals, and budget, picking the right CPA review course can be tricky. Don’t waste any time though. Jump into it right away.

Generally, state boards take anywhere from one to three months to review and approve your application. You can spend this time to choose your first CPA exam section and study to pass the CPA exam your first try.