Mississippi CPA Requirements
Exam and License Requirements To Become a CPA
Want to learn all about the CPA Exam?
Wondering what it takes to be a CPA in Mississippi? Small and medium-sized businesses dominate the Mississippi market. As a result, CPAs are in high demand. To become a CPA in Mississippi, you must first determine whether you meet all of the state board's requirements. On this page, we’ll walk you through all of the CPA Exam and licensure requirements to become a CPA in Mississippi.
Mississippi CPA Requirements
All the rules and regulations of the CPA Exam and licensure in Mississippi are designed by the Mississippi (MS) State Board of Accountancy. You must meet all the requirements to sit for the CPA Exam and get a license. Here is a list of Mississippi CPA requirements:
| Social Security Requirement | Yes |
| Age, Citizenship, and Residency Requirements |
|
| Good Moral Character | Yes |
| Education Requirements for Licensure | 150 hours (including B.A.) |
| Pass the Exam | At least 75 in each section |
| Ethics Exam Requirements | Ethics exam not required |
| Work Experience | 1 year of experience |
| International CPA Examination Program | Mississippi does not participate in the International CPA international program. |
- You must complete a baccalaureate degree with 120 collegiate-level semester hours or equivalent to sit for the CPA Exam.
- Your degree must be in accounting or the equivalent as determined by the board to be appropriate in its rules and regulations.
- A total of 150 collegiate-level semester hours is required to apply for the CPA license in Mississippi.
- Minimum 48 semester hours of upper-division or graduate-level accounting and business courses.
- Among the 48 hours, 24 semester hours must be in strictly accounting, with at least three semester hours in
subjects such as
- Financial Accounting
- Auditing
- Taxation
- Management/Cost Accounting
- Government/Not-for-Profit Accounting
One year of meaningful work experience gained by full-time employment within three years from the date of successful completion of the CPA examination, under the supervision of a practicing CPA professional. Your job description could include the following:
- Accounting and Auditing
- Management Advisory
- Financial Advisory
- Preparation of Tax Returns or Tax Advice
Mississippi CPA Exam & Licensing - Cost and Fees
The application fee for the CPA Exam in Mississippi is $150. Each section of the exam costs around $220. The fee structure of 2024 is yet to be released by NASBA. Please note that the application fee for the CPA Exam is non-refundable. Before you can get a CPA license, you have to make sure you meet all the requirements and fill out an initial application form. The initial licensure application fee is $110. In addition, there is a board processing fee of $100. Please don't forget to apply for the license within three years of passing the CPA Exam.
| Mississippi CPA Exam Fees | ||
|---|---|---|
| Initial Application Fee | $150.00 | |
| Auditing and Attestation (AUD) | $220.00 | |
| Financial Accounting and Reporting (FAR) | $220.00 | |
| Regulation (REG) | $220.00 | |
| ISC/BAR/TCP | $220.00 | |
| Total: | $1,030.00 | |
Mississippi CPA License Renewal Requirements
All CPA licensees must renew their licenses on or before the first day of January each year. The annual renewal fee is $110. The application process can be done online through the MS State Board website. In case you miss the January 1 deadline, you will be charged another $150 as a late fee. Also, fees for the manual renewal process may differ.
Mississippi CPA Continuing Education Requirements
MS State Board mandates the submission of a Continued Professional Education (CPE) report for every CPA licensee. You must complete your CPE, sign, and submit the CPE form annually, before June. In every compliance period, licensees have to get at least 40 hours of CPE and your CPE must consist of 4 hours of board-approved ethics courses.
Mississippi CPA Exam: Exam Dates, Score Release and Scheduling
Explore the essential details of Mississippi CPA exam dates, score release timelines, and how to schedule your examination efficiently.
Exam Dates & Score Release
The score release date is one of the most anticipated questions among CPA applicants. American Institute of Certified Public Accountants (AICPA) releases the CPA Exam score release dates. Your score release date depends on when you take the exam. Typically, scores are released within 48 hours of the target date.
Exam Section Scheduling
Aside from the scores, you should also be familiar with the CPA Exam schedule. Here is a step-by-step method you can use to schedule your exam.
You can schedule the CPA Exam through the Prometric website. Determine the location and date of your examination ahead of time to avoid any last-minute confusion. In case you are not sure about the location of your nearest testing center, a quick internet search will help.
