New York Accountant License

Becoming an accountant in New York is not an easy thing as there are some strict rules for it. On the other hand, in New York this job is quite rewarding and well-paid.

The journey of getting a NY accountant license can be challenging. So, if your goal is to get it, here you can find some helpful information.

How do I get a CPA (Certified Public Accountant) license in New York?

If you want to get a New York CPA license, you should be at least 21 years old and of good moral character. Before applying for a CPA license, you need to make sure that you meet the educational requirements. You will need a bachelor’s degree or higher degree from college or university. You should have completed at least 150 semester hours of education requirements. These requirements include 33 hours in accounting courses and 36 hours of business courses.

And what relates to the experience requirements, for the 150-hour education pathway each applicant must meet at least one year of full-time experience. And for the 120-hour education pathway it is needed at least two years of full-time experience.

Each applicant can earn the required experience in the fields of government, public accounting, private industry or an educational institution. Experience can be gained in the areas of taxation, financial and management advisory, accounting, compilation, attestation, and consulting skills.

Before applying for a license, you must have fulfilled both educational and experience requirements and have taken all classes as follows.

How can I take a CPA exam in New York?

New York CPA examination consists of four sections. Here are the following areas: Financial accounting and reporting, auditing and attestation, business environment and concepts, and regulation. Each applicant can take these sections one by one or all at once.

For getting a CPA license, each applicant should earn at least 75 percent from each section. And if any section is failed, the applicant can resubmit it within 18 months until completely passing all four sections.

How much does the CPA exam cost in New York?

The application fee for New York CPA license is $150. The fee for each examination section is $75.

And if you fail one or more sections of the exam, you will have to pay only for the registration and extra testing fee for the required section. In this case, there is no need to pay for the application fee.

How long does it take to get a CPA license in NY?

After applying for the CPA license and passing the CPA exam, you should wait for several weeks. You will receive a notification from CBA. Generally, the review process takes about four weeks after completing the application file.

Is it worth becoming a CPA in New York?

New York is considered the centre of the United States in the field of management and finance. So, becoming a CPA in New York is a very sensible and wise decision. CPAs are very well-paid here and they are always in high demand. If you have decided to become a CPA in New York, you can be sure that this job will open the doors of many expanding opportunities in front of you.

In New York, on average, CPAs earn from $70,000 to $150,000. The more work experience you have, the higher your salary will be.

So, grab your opportunity and become a specialist of your dreams!