If you’re wondering how to become a CPA in Indiana, we’ve organized the Indiana CPA exam requirements below.
NOTE: You are required to have a U.S. Social Security Number to obtain a license in Indiana.
1. Meet the Education Requirements to Sit for the CPA Exam
To meet the Indiana requirements to sit for the CPA exam, the Indiana CPA education requirements must be attained first. For Indiana applicants,, you must have a bachelor’s degree and earn a total of 150 semester hours of college credit.
2. Apply for the CPA Exam
You need to create an account at https://cpacentral.nasba.org/ and submit all the educational transcript(s), Certificate of Enrolment, and/or foreign evaluations to CPA Examination Services. If you are a first-time applicant, you are required to pay both an application fee of $170 and an examination fee of $238.15 per section at the time of application. If you are a re-examination candidate, you are required to pay both a registration fee of $85 and an examination fee of $238.15 per section at the time of registration.
3. Sign Up for the Exam
Once your application has been approved, you can select the CPA exam you want to take and pay the necessary fees using NASBA’s CPA Central website. Once you receive the Notice to Schedule (NTS), you may visit Prometric to schedule your exam/s.
Click here to see a breakdown of the Indiana CPA exam costs.
4. Pass the CPA Exams
The Uniform CPA exam is composed of four different sections, and you must pass all sections with a score of 75 or higher. After passing the first section, you then must pass the remaining three sections within 18 months.
5. Complete the 150 Credit Hour Requirement
You must meet ONE of the following to sit for the CPA Exam:
1. Earned 150 semester hours in general education which must include a graduate degree from an accredited college, at least 24 semester hours in accounting at the undergraduate level, or 15 semester hours in accounting courses at the graduate level or an equivalent combination which must include auditing, financial accounting, managerial accounting, and taxation courses. At least 24 semester hours in business administration and economics courses, including six semester hours of business and tax law courses and six semester hours of computer science courses.
2. Earned 150 semester hours in general education, including a baccalaureate degree from an accredited college, at least 24 semester hours in accounting at the undergraduate or graduate level, including auditing, financial accounting, managerial accounting, and taxation courses. At least 24 semester hours in business administration and economics courses, including six semester hours of business and tax law courses and six semester hours of computer science courses.
6. Meet the Experience Requirements
To meet the Indiana CPA experience requirements, you need two years of full-time experience in one or more of the following areas: academia, government, or public practice verified by an active CPA.
7. Apply for your CPA License
Once you have met all the requirements, you may apply to get your license through NASBA’s online CPA licensing system.
While most states require ethics before licensing, Indiana candidates can become a CPA without it as there are no Indiana CPA ethics exam requirements. However, part of the Continuing Professional Education (CPE) requirement is to attend 4 hours of ethics every three years.
8. Continuing Professional Education (CPE)
Indiana requires the licensee to complete 120 hours of acceptable continuing professional education (CPE) every three years and must include no less than 20 hours per calendar year, no less than 12 hours for the reporting period (accounting and/or auditing credits), no less than four hours for the reporting period in ethics and no more than 50$ of the required 120 hours will be accepted as self-study.
9. Renew your Indiana CPA License Every Three Years
You must renew your CPA license every three years, expiring on June 30 of the three-year cycle.
Estimated Cost: 952.60 USD