Certified Public Account (CPA)

Becoming a Certified Public Accountant (CPA) is a significant milestone for accounting professionals. A CPA license demonstrates expertise in accounting principles, ethics, and professional standards, opening doors to various career opportunities in public accounting, corporate finance, government, and consulting.

Below, you'll find a comprehensive overview of what it means to be a CPA, the general requirements for certification, and the specific requirements for candidates in Washington and Oregon.

What is a CPA?

A Certified Public Accountant (CPA) is a licensed accounting professional recognized for meeting rigorous education, examination, and experience requirements. CPAs are trusted advisors in taxation, auditing, financial reporting, and consulting.

Why Become a CPA?

✅ Higher Earning Potential – CPAs earn, on average, 10-15% more than non-licensed accountants.

✅ Job Security & Growth – High demand in industries like public accounting, corporate finance, and government.

✅ Career Advancement – CPAs qualify for leadership roles such as CFO, Controller, and Partner.

✅ Credibility & Trust – CPAs are highly respected for their expertise and ethical standards.

CPA Certification Requirements

To earn a CPA license, candidates must meet Education, Examination, and Experience (3E) Requirements.

Some states exam and licensure requirements may vary. View Oregon and Washington's CPA Requirements here:

Washington: https://www.becker.com/cpa-review/washington-cpa-requirements

Oregon:  https://www.becker.com/cpa-review/oregon-cpa-requirements

1. Education Requirement

Most states, including Washington & Oregon, require:

• 150 semester credit hours (includes a bachelor’s degree in accounting or related field)

• Specific coursework in financial accounting, auditing, taxation, and business law

2. CPA Exam

The CPA Exam requires passing three Core sections which all candidates must take, as well as passing one of three Discipline sections.

The three Core sections are: 

• Financial Accounting and Reporting (FAR) – Covers financial statements, GAAP, and government/NFP accounting.

• Auditing and Attestation (AUD) – Focuses on auditing standards, ethics, and risk assessment.

• Taxation and Regulation (REG) – Includes tax law, business law, and professional ethics.

The three Discipline sections are: 

• Business Analysis and Reporting (BAR) – Emphasizes financial analysis, reporting, and data analytics.

• Information Systems and Controls (ISC) – Covers IT governance, cybersecurity, and internal controls.

• Tax Compliance and Planning (TCP) – Focuses on tax return preparation, planning, and strategy.

Candidates must pass the three core sections and one of the discipline sections within a certain time-frame. The shortest requirement is an 18-month window, but some states have a longer window, including Washington which has the longest of 36 months.

3. Experience Requirement

Most states require 1-2 years of relevant accounting experience under a licensed CPA.

Next Steps to Becoming a CPA?

• Step 1: Complete a bachelor’s degree in accounting or business.

• Step 2: Earn 150 semester credit hours (consider a master’s degree or additional coursework).

• Step 3: Apply for the CPA Exam and pass all four sections.

  • • Learn the steps to apply: https://www.becker.com/cpa-review/applying-for-the-cpa-exam

• Step 4: Gain 1-2 years of work experience under a CPA.

• Step 5: Apply for CPA licensure through your state board.

• Step 6: Maintain your CPA license with Continuing Professional Education (CPE).

Need help with your CPA journey? Beta Alpha Psi members have access to networking, study groups, and CPA review discounts! Contact us for more information.