1. Meet the Education Requirements to Sit for the CPA Exam
To meet Vermont CPA education requirements to sit for the CPA exam, you need to hold a bachelor’s degree, which includes a minimum of 120 semester hours of general college-level education with 30 semester hours in accounting and business with 6 semester hours of financial and/or managerial accounting (excluding Introductory Accounting), 3 semester hours of auditing, 3 semester hours of U.S. taxation, and 3 semester hours of U.S. business law.
Note: If you are within the 60 days of completing your 120 semester hour bachelor’s degree, you may apply to sit for the CPA exam but you still need to complete the additional 30 semester hours. You’ll also need 150 semester hours and complete a bachelor’s degree that includes 42 semester hours of accounting, auditing, and related subjects for the CPA license.
Note: If you are within the 60 days of completing your 120 semester hour bachelor’s degree, you may apply to sit for the CPA exam but you still need to complete the additional 30 semester hours. You’ll also need 150 semester hours and complete a bachelor’s degree that includes 42 semester hours of accounting, auditing, and related subjects for the CPA license.
2. Apply for the CPA Exam
Apply through NASBA’s current Vermont CPA exam application process. The current education evaluation application fee is $96.00.
3. Sign Up for the CPA Exam
Once your transcripts and application have been approved, you can select the CPA exam you want to sign up for and pay the necessary fees using NASBA’s CPA Central website. Once you receive a Notice to Schedule (NTS), you may go to the Prometric website to schedule your exam(s).
Vermont’s current NASBA exam fees are a $262.64 exam section fee and a $96.00 exam application fee.
Click here to see a breakdown of the Vermont CPA exam costs.
Vermont’s current NASBA exam fees are a $262.64 exam section fee and a $96.00 exam application fee.
Click here to see a breakdown of the Vermont CPA exam costs.
4. Pass the CPA Exam
The CPA exam consists of the three core sections and candidates would need to select one of the three discipline to demonstrate deeper skills and knowledge, allowing candidates to choose a specialization. There is no set order in which the exam portions must be completed.
You must pass each section with a score of 75 or higher within a rolling 30-month period. Credit for a passed section currently remains valid for 30 months from the date that section was taken.
You must pass each section with a score of 75 or higher within a rolling 30-month period. Credit for a passed section currently remains valid for 30 months from the date that section was taken.
5. Meet the Experience Requirements
To meet the Vermont CPA experience requirements, Vermont requires one year of qualifying accounting experience. The current rules describe this as accounting experience under the direct supervision of a CPA or other equivalent qualifying licensee, with proof that the supervising licensee was in good standing during the supervision period.
6. Ethics Exam
Vermont requires completion of a professional ethics course based on Vermont law or the AICPA Code of Conduct. Because currently accessible Vermont materials describe this requirement differently depending on application type, candidates should verify the exact current ethics-course requirement with the Vermont Office of Professional Regulation before applying.
7. Apply for the CPA License
Once you have met all the requirements, you may apply for your CPA license through Vermont’s State Board of Accountancy.
8. Continuing Professional Education (CPE)
Continuing Professional Education must be completed in the two calendar years prior to the year in which the license is to be renewed. You must complete no less than 80 hours of CPE credits that were mandated by the Vermont Board of Accountancy during the two-year period preceding renewal. 10 CPE hours can be carryover in the next period, you must successfully complete at least four hours of CPE credits in ethics for the subject of accountants and must successfully complete at least eight hours of CPE credits in accounting and auditing, and 68 accounting-related hours.
9. Renew your Vermont CPA License Every Two Years
Vermont CPA licenses currently renew on July 31 of odd-numbered years. The current renewal fee is $255 and an application fee of $115 for initial licensure. For a full two-year renewal cycle, licensees must complete 80 hours of CPE, including 4 hours of professional ethics and 8 hours in accounting and auditing.










