1. Meet the Education Requirements to Sit for the CPA Exam
To meet the South Dakota requirements to sit for the CPA exam, the South Dakota CPA education requirements must be attained first. For South Dakota applicants, you must have a bachelor’s degree and earn 150 semester hours. The 150 semester hours must include 24 semester hours in accounting and 24 semester hours. in business courses.
2. Apply for the CPA Exam
To apply for the CPA examination online, you may log in to the South Dakota Board of Accountancy. Then you need complete the application form, submit your transcripts, and pay the applicable fees.
Suppose you have previously taken the examination in another jurisdiction. In that case, you must submit the Authorization for Interstate Exchange of Examination and Licensure Information form (BOA7) and the initial exam application form. You will need to pay the $30 for the application fee.
3. Sign Up for the CPA Exam
Once your application has been approved, you can select the CPA section you want to take and pay the necessary fees to the South Dakota Board of Accountancy. Once you receive the Notice to Schedule (NTS), you may visit Prometric or call 1-800-580-9648 to schedule your exam(s). As part of scheduling your exam(s), there is a per section examination fee of $256.15.
4. Pass the 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. Ethics Exam
The candidate must also meet the South Dakota CPA ethics exam requirements by passing the Professional Ethics: The AICPA’s Comprehensive Course For Licensure.
6. Meet the Experience Requirements
To meet the South Dakota CPA experience requirements, you need one year of full-time experience in one or more areas involving: attestation, management advisory, financial advisory, tax, or consulting skills, all of which should be verified by a CPA.
7. Apply for CPA License
Once you have met all the requirements, you may apply for your license through the South Dakota Board of Accountancy.
8. Renew Your South Dakota CPA License Every Three Years
To maintain your South Dakota CPA license, you will need to renew your license every three years, by completing the amount required for continuing professional education (CPE) hours. You must complete no less than 120 CPE hours. Continuing professional education hours must be completed in the three calendar years prior to the license being renewed. The cycle occurs July 1 – June 30 every three years.
Estimated Cost: 1025 USD