Delaware CPA Requirements: Navigating Your Path to Licensure
Introduction
Delaware, known for its business-friendly environment, presents numerous opportunities for Certified Public Accountants (CPAs). Understanding the state-specific requirements for CPA licensure is key for those aspiring to join this dynamic field. This guide explores the CPA exam and licensure requirements in Delaware.
Educational and Professional Requirements
To sit for the CPA exam in Delaware, candidates must meet these educational criteria:
Bachelor’s Degree: A bachelor's degree with at least 120 semester hours, including specific accounting coursework, is required.
Licensure Education: For CPA licensure, 150 semester hours are needed, with a deeper emphasis on accounting and related subjects.
CPA Exam and Licensing Process
Exam Score Requirement: A minimum score of 75 is required in each section of the CPA exam.
Work Experience: One year of work experience in accounting is needed, supervised by a licensed CPA.
Ethics Exam: Passing the AICPA's Uniform CPA Ethics Examination is a prerequisite for licensure in Delaware.
Licensing Fees and Renewal
Application Fees: The initial application fee for the CPA exam is $170, and each exam section costs $238.15.
Licensure Fees: After meeting all requirements, the licensure application fee is $175.
Continuing Education and Renewal
CPE Requirements: Delaware CPAs must complete 80 hours of Continuing Professional Education (CPE) every two years.
License Renewal: Renewal is required biennially by June 30 of odd years, with varying fees and potential late charges.
International CPA Examination Program
Participation: Delaware does not participate in the International CPA Examination Program.
Applying for the CPA Exam in Delaware
Submit CPA Exam Application: Apply through the NASBA website, ensuring all required documents and fees are submitted.
Authorization to Test (ATT): Once eligible, you will receive an ATT from the Delaware State Board of Accountancy.
Notice to Schedule (NTS): Issued within three to six weeks of application, necessary for scheduling your exam.
Schedule Exam with Prometric: Choose your exam date and location through Prometric.
Conclusion
Achieving CPA licensure in Delaware involves fulfilling specific educational requirements, passing the CPA exam, gaining relevant work experience, and adhering to ethics and continuous education requirements. With its favorable corporate landscape, Delaware offers CPAs a platform for professional growth and success.