A CPA is a certified public accountant who is licensed by a state board of accountancy.
To earn the prestige associated with the CPA license, you are required to demonstrate knowledge and competence by meeting high educational standards, passing the CPA exam and completing a specific amount of general accounting experience.
The two most important aspects of becoming a CPA are passing the Uniform CPA Exam and meeting licensing requirements in the state where you want to practice.
|Arkansas CPA licensure Requirements – Overview|
|Educational Hours Required for Licensure||150 Semester Hours|
|Residency Required||U.S. citizen or legal resident|
|Degree Required||Bachelor’s or Master’s|
|Minimum Age||Not required|
|Additional Requirements||Arkansas Board of Accountancy Site|
Educational Hours Required for licensure
The Certified Public Accountant certification is one of the most prestigious professional certifications available. It indicates that the accountant has satisfied a demanding set of educational, professional, and ethical standards. In addition, candidates must pass the rigorous CPA exam in order to earn the distinction of this credential. Before candidates can sit for the exam, they must satisfy their Arkansas CPA requirements and qualifications. Each state has its own set of eligibility requirements for the CPA licensure, which should not be confused with CPA exam requirements. Below we will be discussing the requirements for the state of Arkansas.
- Applicant must have successfully passed the Uniform CPA Exam which requires having received a degree and having completed 150 semester hours of credit in an accredited program.
- Applicant have three years after successfully completing the examination to obtain for license. If you passed the exam in another jurisdiction and are applying for an initial license in Arkansas.
- If you are applying from another jurisdiction, you must have your transcripts mailed directly from the accredited education institution to ASBPA. Also, you must have your grades from the CPA Exam sent directly to ASBPA from the jurisdiction where you passed the exam.
- If you are wanting to transfer grades from another jurisdiction the Authorization of Interstate Exchange form must be completed and mailed to the ASBPA.
CRIMINAL BACKGROUND CHECKS
Each applicant for an initial license, including a reciprocal license, or for a new license under Ark. Shall apply, using forms furnished by and pursuant to instructions provided by the Board, for state and national criminal background checks to be conducted by the Identification Bureau of the Department of Arkansas State Police and Federal Bureau of Investigation.
Minimum age required
No minimum age required. Applicant must be a citizen of the United States or legally present in the United States.
Candidates who have successfully passed the examination will be required to complete the American Institute of Certified Public Accountant’s continuing professional educational course “Professional Ethics: The AICPA’s Comprehensive Course On-Demand (For Licensure).”
All licensees are required to take 1 hour of ASBPA Ethics and 3 additional hours of Ethics over every 3 year period.
$50 for the individual application and $110 for Annual Registration.
- Application (Non-refundable): $50.00
- Annual Registration: $110.00
- ASP & FBI Background Check (Non-refundable): $35.00
CPA Firm Application to Practice Public Accounting
- Application (Non-refundable): $110.00
- Annual Registration: $110.00
- Branch Office Fee: $25.00 per additional office
- Arkansas requires one year’s experience that includes providing any type of services or advice involving the use of accounting, attest, management advisory, financial advisory, tax or consulting skills.
A firm license process
Each firm and office thereof established or maintained for the practice of public accountancy in this State shall register with the Board within 30 days after it is opened, and annually thereafter, on a form prescribed by the Board.
Each office shall be under the direct supervision of a resident manager who must be registered with this Board and the holder of a valid annual permit.
While we do our best to keep all of this information up to date you are welcome to visit and or contact that Arkansas Board of Accountancy with any other questions you might have.
Arkansas State Board of Public Accountancy
Address: 900 W. Capitol Ave, Suite 400
Little Rock, AR 72201-3108
Phone: (501) 682-5532
Fax: (501) 682-5538
CPA Certification form: Arkansas CPA Certification Form
Annual Registration form: Arkansas Annual Registration Form