Ohio CPA Ethics Exam Requirements [2022]

Ohio CPA Ethics Exam Requirements

Share This...

Ohio CPA Ethics Exam Requirements

To meet the Ohio CPA ethics exam requirements and become a CPA, candidates must accomplish a board-approved course in Professional Standards and Responsibilities (PSR) which emphasizes Ohio accountancy law and board rules. The courses can be found on the board’s website.

Summary of Ohio CPA Requirements

Credit Hours to sit for the CPA Exam120
Certificate of Good Moral CharacterYes
Social Security NumberYes
Ohio State ResidencyYes
Bachelor’s DegreeYes
GMAT Minimum Score670
Credit Hours in Accounting courses to sit for the CPA Exam24
Credit Hours in Business courses to sit for the CPA Exam24
Total Credit Hours to receive CPA License150
Work Experience required to receive a CPA License2 – 4 Years
Ethics Exam required to receive a CPA LicenseYes
BCI and FBI Criminal Records CheckYes

Education Requirements

To sit for the Uniform CPA examination, candidates should first meet the exam requirements in Ohio which is an education requirement. The ideal first step to getting the CPA title is to get a Bachelor of Science in Accounting.

It will not only prepare applicants with the necessary coursework required, but it could also help make applicants be well informed about what they will encounter in the CPA exam.

Ohio accepts candidates with 120-semester hour credit to sit for the exam. However, the accountancy board of Ohio does provide educational requirement options. Candidates can choose either of the two educational requirements to complete:

  1. A bachelor’s degree or higher from a regionally accredited college or university. Candidates must complete 150 semester hours in various course subjects that include:
    • 24 semester hours in business subjects
    • 24 semester hours in accounting including at least one course in each:
      • Financial Accounting
      • Management Accounting
      • Auditing with coverage of GAAS (internal auditing may not be used for auditing, but may be used as an elective)
      • Taxation
  2. Achieve a score of 620 or higher on the Graduate Management Admission Test (GMAT) completing 24 semester hours in business subjects and 24 semester hours in accounting at the undergraduate level.

Note that 18 semester hours of graduate credit in accounting will qualify as meeting the requirement. The accounting hours must include at least one course in each of the following:

  • Financial Accounting
  • Management Accounting
  • Auditing with coverage of GAAS (internal auditing may not be used for auditing, but may be used as an elective)
  • Taxation

The Accountancy Board of Ohio recognizes credits earned at any school accredited and recognized by the Council for Higher Education Accreditation (CHEA), as well as schools of business and accounting that hold specialty accreditation from the Association to Advance Collegiate Schools of Business (AACSB).

Pass the Uniform CPA Examination

The “Uniform CPA Examination”, which is a 4-part exam, is developed by the AICPA – the American Institute of Certified Public Accountants and administered by NASBA – the National Association of State Boards of Accountancy.

The Four CPA Exam Sections are:

Auditing and Attestation (AUD)

The Auditing and Attestation (AUD) section of the Uniform CPA Examination (the Exam) tests the essential knowledge and skills a newly licensed CPA must demonstrate when performing audit engagements, attestation engagements or accounting and review service engagements.

Newly licensed CPAs are required to:

  • Demonstrate knowledge and skills related to professional responsibilities, including ethics, independence and professional skepticism. Professional skepticism reflects an iterative process that includes a questioning mind and a critical assessment of audit evidence.
  • Understand the entity including its operations, information systems (including the use of third-party systems) and its underlying business processes, risks and related internal controls.
  • Understand the flow of transactions and underlying data through a business process and its related information systems.

Business Environment and Concepts (BEC)

The Business Environment and Concepts (BEC) section of the Uniform CPA Examination (the Exam) tests knowledge and skills that a newly licensed CPA must demonstrate when performing:

  • Audit, attest, accounting and review services
  • Financial reporting
  • Tax preparation
  • Other professional services

The content areas tested under the BEC section of the Exam encompass five diverse subject areas. These content areas are enterprise risk management, internal controls and business processes, economics, financial management, information technology and operations management.

Financial Accounting and Reporting (FAR)

The Financial Accounting and Reporting (FAR) section of the Uniform CPA Examination (the Exam) assesses the knowledge and skills that a newly licensed CPA must demonstrate in the financial accounting and reporting frameworks used by business entities (public and nonpublic), not-for-profit entities and state and local government entities.

The financial accounting and reporting frameworks that are eligible for assessment within the FAR section of the Exam include the standards and regulations issued by the:

  • Financial Accounting Standards Board (FASB)
  • U.S. Securities and Exchange Commission (U.S. SEC)
  • American Institute of Certified Public Accountants (AICPA)
  • Governmental Accounting Standards Board (GASB)

Regulation (REG)

The Regulation (REG) section of the Uniform CPA Examination (the Exam) tests the knowledge and skills that a newly licensed CPA must demonstrate with respect to:

  • U.S. federal taxation
  • U.S. ethics and professional responsibilities related to tax practice
  • U.S. business law

Tips for Passing the CPA Exam

The CPA exam covers so many topics that you will need to study specifically for each section, usually for 6-8 weeks per section. Even a master’s degree in accounting doesn’t adequately prepare you to just walk in and pass the 4 CPA exams.

You will need a full review course such as Becker, Wiley CPA, Gleim, Roger, etc, and you will need to dedicate several hours a day over the course of months to even have a chance at getting passing scores.

How to Save Yourself MONTHS of Time and Frustration
Keep in mind that the CPA exam is the one part of getting your CPA license that you can control how long it takes. The education and experience requirements take as long as they take, but the CPA exams can take you as little as 6 months, or as long as multiple years… depending on how effective your study process is from the beginning.
Learn how to study strategically so you can save yourself tons of time and retake fees with this free training…

Ohio CPA Exam Cost Breakdown

The Ohio CPA exam cost consists of five main fees: the initial examination application of $180, the CPA exam registration which cost $100, a $226.15 per CPA exam section totaling $905 for all four sections, the CPA certificate application fee which cost $100 and finally a registration fee which will depend on the year.

Initial Exam Application Fee$180.00
Registration Fee$100.00
Auditing and Attestation (AUD)$226.15
Business Environment and Concepts (BEC)$226.15
Financial Accounting and Reporting (FAR)$226.15
Regulation (REG)$226.15
Total for all 4 CPA Exam Sections$905.00
CPA Certificate Application Fee$100.00
Three-year Ohio Registration Fee$85.00
Two-year Ohio Registration Fee (Only for Newly Licensed CPAs or Return to Good Standing)$56.00
One-year Ohio Registration Fee (Only for Return to Good Standing)$28.00
Late Payment Fee$100.00

How to Save Yourself MONTHS of Time and Frustration
Keep in mind that the CPA exam is the one part of getting your CPA license that you can control how long it takes. The education and experience requirements take as long as they take, but the CPA exams can take you as little as 6 months, or as long as multiple years… depending on how effective your study process is from the beginning.
Learn how to study strategically so you can save yourself tons of time and retake fees with this free training…

Other Posts You'll Like...

Want to Pass as Fast as Possible?

(and avoid failing sections?)

Watch one of our free "Study Hacks" trainings for a free walkthrough of the SuperfastCPA study methods that have helped so many candidates pass their sections faster and avoid failing scores...

Scroll to Top
[523.251,1046.50]
[523.251,1046.50]