There are several steps you need to take to become a Delaware CPA.
What degree do I need?
To sit for the CPA
exam in Delaware, you must have a bachelor's degree with a concentration in accounting.
To obtain a license (CPA certificate and permit to practice), you must have a bachelor's degree with a concentration in accounting and a total of 150 credit hours
What courses do I need to sit for the CPA exam?
To qualify to take the CPA exam in Delaware, you must have a bachelor's degree with a concentration in accounting. The concentration in accounting must include at least 24 semester hours of courses that cover subjects included in the Uniform CPA Examination Content Specification Outline
. These courses must include financial accounting and reporting, auditing and attestation services, and taxation. Courses in other business subjects, such as banking, computer science, economics, finance, insurance, management and marketing will not be accepted as accounting courses. You should contact your academic advisor, accounting or business department chair, and your individual professors for more information on the requirements at your school.
What courses do I need to get licensed in Delaware?
In addition to the bachelor's degree with a concentration in accounting (see What courses do I need to sit for the CPA exam?
above), you must have a total of 150 credits to get licensed. The additional credits may be taken in any areas; however, you should consider courses in the areas of communication, writing, and public speaking. Employers are very interested in new hires who show strength in these areas.
What is the CPA Exam?
The CPA Exam is a uniform licensing examination given to qualified individuals who want to become CPAs. The CPA Exam used to be a paper and pencil exam given twice a year throughout the United States. In April 2004 the exam changed to a computer-based test given at test centers throughout the United States eight months out of the year. For all of the information you need on the CPA Exam, go to the official CPA Exam web site at www.cpa-exam.org
. You can take a sample test, get test tips, take a tutorial which covers the exam's format and navigation functions, and apply online to take the test. To apply for the CPA Exam in Delaware, go to http://www.nasba.org/exams/cpaexam/delaware/
How do I qualify to sit for the CPA exam?
In Delaware, you must have a bachelor's degree with a concentration in accounting (24 credit hours in specific courses). See What courses do I need? for further information. You apply to sit for the exam at http://www.nasba.org/exams/cpaexam/delaware/
How do I study for the CPA Exam?
There are several companies that will help you prepare for the CPA Exam.
Do I need to have work experience before I take the CPA Exam?
In Delaware, you do not need to have work experience before taking the CPA Exam. You must have a bachelor's degree with a concentration in accounting. See What courses do I need? for more details.
Each state has its own qualifications to sit for the CPA Exam, so be sure to check with the state board of accountancy of the state where you want to sit. For a list of all of the state boards of accountancy, go to http://www.aicpa.org/yellow/ypsboa.htm.
You will need to meet the experience requirement before you can apply for a Delaware permit to practice.
What work experience do I need to get licensed in Delaware?
Delaware requires that you have one year of experience. This experience can be in providing any type of service or advice involving the use of accounting, attest, compilation, management advisory, financial advisory, tax or consulting skills. It is very important that all of this be under the supervision of and verified by a United States CPA. The experience can be obtained in government, industry, academia or public practice.
What is the difference between a CPA certificate and a CPA permit to practice?
Any CPA working in public accountancy from an office in Delaware must have a CPA certificate and a CPA permit to practice. A CPA certificate does not expire. A CPA permit to practice must be renewed every two years by proving to the Delaware State Board of Accountancy that the continuing education requirements have been met.
A CPA who works in industry is not required to maintain a CPA permit to practice; however, a certificate holder who does not also have a CPA permit to practice is not allowed to use the designation “CPA” after their name.
Each state has its own laws and rules governing the CPA profession. Each state also has its own Board of Accountancy that monitors the CPAs that it licenses. In Delaware, the Delaware State Board of Accountancy monitors CPAs in Delaware. You submit your application for a Delaware CPA certificate and a Delaware permit to practice to the Delaware State Board of Accountancy. The Board of Accountancy is located in Dover and has its own website. This site is a very helpful resource with information about how you get licensed in Delaware, and we suggest that you bookmark it for future reference. For a list of all of the state boards of accountancy, go to http://www.aicpa.org/yellow/ypsboa.htm