Wyoming - Become a CPA

Wyoming has fairly standard requirements in order to earn a CPA license, with an involved state organization and licensing board helping CPAs and prospective CPAs all over the state deliver the best services to Wyoming residents.

Wyoming CPA Education Requirements

1. Choose an accredited institution

The Wyoming Board of Certified Public Accountancy accepts accounting degrees from colleges and universities that are accredited by select organizations. Make sure the institute you’re enrolled in, or plan to attend, is accredited by one of the following accrediting associations:

• • New England Association of Schools and Colleges

  • Middle States Association of Colleges and Secondary Schools

  • Higher Learning Commission (formerly known as North Central Association of Colleges and Secondary Schools)

  • Northwest Commission on Colleges and Universities

  • Southern Association of Colleges and Schools

  • Western Association of Schools and Colleges

  • Association to Advance Collegiate Schools of Business

2. Take the right accounting and business courses

CPA applicants must earn a baccalaureate or higher degree (You can start with an (AA) Associate's In Accounting). To qualify, you will need to complete the following educational requirements:

• • A minimum of 24 semester hours in accounting courses that cover some or all of these subjects:

  • Financial Accounting and Reporting for Business Organizations

  • Financial Accounting and Reporting for Government and Not-for-Profit Entities

  • Auditing and Attestation Services

  • Managerial or Cost Accounting

  • Taxation

  • Fraud Examination

  • Internal Controls and Risk Assessment

  • Financial Statement Analysis

  • Accounting or Tax Research and Analysis

  • Accounting Information Systems

  • Ethics

  • Other areas found in the Uniform CPA Examination Content Specification Outline

  • Other subjects as identified by the Board

  • A minimum of 24 semester hours of undergraduate or graduate-level business courses that cover some or all of these subjects:

  • Business Law

  • Economics

  • Management

  • Marketing

  • Finance

  • Business Communications

  • Statistics

  • Quantitative Methods

  • Technical Writing

  • Information Systems or Technology

  • Ethics

  • Other subjects as identified by the Board

Keep in mind that a maximum of six of these semester hours can be from internship work. Additionally, credits earned through life experience will not qualify towards your course requirements.

It’s also important to note that no credit will be given for duplicate or CLEP courses. Additionally, some law school courses may not be credited if the Florida Board of Accountancy finds them substantially equivalent to previously taken accounting courses.

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CPA Exam Requirements

1. Verify you meet the requirements

In order to qualify to take the Uniform CPA Examination in Wyoming, you must meet the following requirements:

• • Be at least 18 years old

  • Have a Wyoming driver’s license or a current and valid Wyoming street address (P.O. Box addresses are not acceptable)

  • Be currently employed in Wyoming, have a documented and accepted offer of employment with a CPA firm in Wyoming that will begin no more than six months from the application date, or be a current student at a Wyoming community college or the University of Wyoming

  • Have official transcripts confirming the completion of at least a baccalaureate degree (including a minimum of 24 semester hours of various accounting courses)

2. Apply to take the Uniform CPA Examination

Once you’ve met all of the requirements, you can apply to take the Uniform CPA Examination by downloading the Examination Application. This form must be sent to the following address:

State of Wyoming Board of Certified Public Accountants

325 West 18th Street, Ste 4

Cheyenne, WY 82002

For assistance with the application, view the Exam Candidate Information & Application Instructions and Examination Fees document.

A complete application will include:

• • Copy of government issued photo identification you’ll take to the testing center

  • Contact preference (United States mail or email)

  • Electronic communications will be processed quicker

  • If unspecified, you will receive your Authorization to Test (ATT), Notice to Schedule (NTS), and examination scores via the United States mail system

  • Official transcripts forwarded to the Wyoming Board of Certified Public Accountancy

  • Exam sections you’re applying for

  • Request for Accommodation of Disabilities form, if applicable

  • Professional Evaluation and Documentation of Disability form, if applicable

  • Mailing list preference

  • If unspecified, expect to receive correspondence from CPA review course providers and Continuing Professional Education (CPE) providers

  • Release of personal information preference

  • If unspecified, your personal information will be added to the National Association of State Boards of Accountancy database

  • Those who deny release will be assessed a charge of $67.50

  • Application fee of $110 ($50 for repeat applicants)

  • Personal, business, and cashiers checks should be made payable to the Wyoming Board of CPAs and mailed with the other application materials

  • Credit card payments can be made online, but the completed application other application materials must be scanned and emailed on the same day

It can take between five and seven days for your application to be processed.

3. Pay your examination fees

Once your application is approved, you and the NASBA will receive an ATT and they will send you a Payment Coupon. The payment due will vary based on the number of sections you applied for, but will include all NASBA, AICPA, and Prometric fees. You’ll also receive instructions on how to pay the fees.

4. Schedule your Uniform CPA Exam date

Once your exam fees have been paid, you’ll receive your NTS. Wyoming candidates are required to take all designated sections within six months, at which time the NTS will expire. All scheduling information will be included on your NTS.

5. Wait for your examination results

Once you’ve completed the Uniform CPA Examination, your responses will be sent to and scored by the AICPA. You’ll receive your scores via your preferred contact method.

Complete Work Experience Requirements

To qualify for a CPA certificate in Wyoming, you are required to demonstrate a year (at least 2,000 working hours) of professional experience to be verified by an active CPA.

Wyoming CPAs are also required to complete an ethics course, and complete an Ethics and Experience Form, have the form verified by your supervising CPA and sent to Wyoming Board of CPAs, 2020 Carey Suite 702, Cheyenne, WY 82002.

If for some reason your work experience is not verifiable by a Wyoming CPA, then you can use equivalent experience such as financial statement preparation, expense account analysis, payroll management, budgeting and more. You will need to fill out the Equivalent Experience Affidavit. If your experience was gained through teaching, then you must fill out the Teaching Experience Affidavit.

Submit the Initial CPA License Application

You can apply for your initial CPA certificate online or by downloading the application and sending it to:

State of Wyoming Board of Certified Public Accountants

325 West 18th Street, Ste 4

Cheyenne, WY 82002

Required application materials include:

• • Completed Original Certificate Application

  • Completed Verification of Lawful Presence form

  • Confirmation of a passing score on the eight credit Professional Ethics: AICPA’s Comprehensive Course, which can be purchased online or by calling 1-888-777-7077

  • Completed Employer Affirmation form to confirm one year of professional work experience

  • Completed Equivalent Experience Affidavit or Teaching Experience Affidavit if applying based on equivalent experience

  • Completed Authorization for Interstate Exchange of Information form if applying based on passing the exam in another state

  • Fee of $250 (including Certificate Wall Document and Active Status charges) to be paid via Visa or MasterCard

Wyoming Continuing Education Requirements

1. Know and complete your CPE requirements

In order to maintain your CPA certificate in Wyoming, you need to meet the Board’s CPE requirements. These vary per year and details can be found online. Annually, the board determines an audit sample size and selects CPAs at random. Keep careful documentation, as you will need to show compliance if chosen.

What Do You Required to Be a CPA? Lots of people ask this question when seeking means to become a CPA. If you are additionally among them, continue checking out as we specify a few of the standard requirements for accountants. The CPA standing is usually granted by the state, so it's really essential that you pass the essential requirements prior to you proceed with your qualification.

The first as well as a lot of basic needs for CPA is to finish a certain educational program that includes passing the Certified Public Accountant exams. You can locate information on these requirements at the American Institute of Certified Public Accountants site.

Another requirement for coming to be a CPA is a certain level of education and learning. You need to get an accounting degree from an approved college or college. It is likewise crucial that you have 2 years of expert accounting experience. After this you can make an application for CPA training programs at the CPA Training Institute or learn through independent research.

The next action in the procedure of coming to be a CPA is to become accredited. This is done by a local board of accountancy or a state licensing board. Although the process is similar in all states, the requirements differ for each and every state. Many states need that you take a national examination before being able to receive your permit.

When you come to be a CPA, you will certainly be offered a qualification card. You will certainly be required to show it while you are operating in the general public field or while carrying out independent organisation activities. On top of that, you will likewise need to register your name as a Certified Public Accountant. This enrollment is normally done via the Accounting Information Solution Corporation (AIS).

If you are seriously taking into consideration becoming a CPA, the above needs for CPA can work as a guide for what you ought to expect when starting your profession as a CPA. Having a firm understanding of the basic needs will aid you prepare your return to and get CPA accreditation.

CPA needs consist of a couple of crucial elements. As an accountant, you must have the ability to examine the present standing of funds and also credit report reports and also develop a financial strategy that can satisfy the requirements of the IRS. At the same time, you must have the ability to work as part of the group that gives tax advice to people.

What's more, you should have the ability to give economic planning options that can be used in a business setup. It's important to have expertise in tax obligation matters and also risk monitoring.

The CPA training program includes courses and also hands-on experience. An excellent program will offer students extensive practical understanding along with concept research studies. This is a critical element of the training due to the fact that it aids the mind, body and soul of the accountant.

One point that every accountant needs to have is an enthusiasm for accounting. You need to have an interest for creating earnings declarations, marketing receivables, revenue quotes as well as developing company monetary plans. It's likewise essential that you have a panache for leadership in order to execute your responsibilities.

When beginning as a CPA, you need to try to get accredited immediately. The sooner you can begin searching for customers as well as the more settings you will be able to safeguard, the much better. Keep in mind that accreditation needs you to end up being a qualified prospect in the exam procedure.

The above information for what you need to be a CPA can help you come to be an accountant. You need to be prepared to start functioning as soon as you are done analyzing this write-up.

Together with appropriate curricula along with extremely qualified teachers, does the institution also supply cutting-edge audit sources to aid students throughout their program and after university graduation? For example, does the institution give accessibility to one of the most as much as date book-keeping software applications such as QuickBooks Pro, Intacct, and also Sage 50? Are profession therapists skilled in the area of accountancy and also do they have access to a selection of accounting companies as well as firms to help pupils land internships or jobs after university graduation? What type of Abilities Are Required? Accounting experts as well as Certified public accountants often tend to stand apart at maths.

Though a lot of these individuals are already outstanding with their funds prior to working as an accounting professional or Certified Public Accountant, a perk of the job is obtaining much more economic understanding, which can aid accountants and also CPAs with private economic matters. However, accountants call for much more than simply monetary knowledge to do their tasks well.

These experts work to maintain human diplomacy with financial precision. Accountancy job needs generally contain a bachelor's degree in the area. Nevertheless, some advanced settings require a master's degree. Bookkeeping experts with the accredited specialist accountant (Certified Public Accountant) credential normally gain the highest incomes. Most non-licensed accounting specialists perform standard functions such as accounting as well as general account maintenance.