Montana's CPA Certification Journey: A Detailed Guide
Embarking on the journey to become a Certified Public Accountant (CPA) in Montana involves understanding the state-specific requirements. This guide serves as a comprehensive resource for anyone aspiring to achieve CPA certification in Montana.
Educational Criteria
In Montana, there is a strong emphasis on education for CPA candidates. The state outlines these educational requirements:
Credit Requirements: A minimum of 120 credit hours is recommended.
Degree Level: There is no minimum degree requirement.
Accounting Coursework: Candidates must complete at least 24 semester hours (36 quarter hours) in accounting courses beyond the introductory level. This includes courses in financial accounting, auditing, taxation, and management accounting.
General Business Courses: Additionally, at least 24 semester hours (36 quarter hours) in non-accounting, general business courses are required, covering areas like business law, finance, economics, marketing, and ethics.
Licensure Prerequisites
Montana has specific prerequisites for CPA licensure:
Social Security Requirement: Not required.
Educational Requirement: For certification, 150 semester units (225 quarter units), including a Bachelor’s Degree, are required.
Experience Requirement: Candidates need to complete 1 year of experience (2000 hours) verified by a licensed CPA.
Ethics Exam: Passing the AICPA Professional Ethics Exam is mandatory.
Residency and Citizenship
Montana offers flexibility regarding residency and citizenship:
Citizenship: U.S. Citizenship is not a requirement.
Minimum Age: There is no age limit.
Residency: There is no necessity to be a resident, employee, or maintain offices in Montana.
Examination Fees
The cost associated with the CPA examination in Montana is as follows:
Initial Application Fee: $245.00
AUD: $224.99
BEC: $224.99
FAR: $224.99
REG: $224.99
Total: $1144.96
*Note: A $100 re-examination application fee applies.
Conclusion
Achieving CPA certification in Montana requires a blend of academic preparation, practical experience, and successful completion of the CPA exam and ethics exam. This guide aims to assist candidates in navigating through the specific requirements and steps necessary to become a CPA in Montana, paving the way for a rewarding career in accounting.