Oklahoma CPA Requirements
Exam and License Requirements to Become a CPA
Want to learn all about the CPA Exam?
Are you thinking about becoming a CPA in Oklahoma? Let's get started by understanding the Oklahoma CPA Exam and license requirements. This guide will give you all you need to know as you take your first steps toward obtaining a CPA license in the Sooner State.
Oklahoma CPA Requirements
Obtaining a CPA license in Oklahoma requires candidates to pass all CPA Exam sections, obtain work experience, and pass the ethics exam. The Oklahoma Accountancy Board (OAB) is the state's governing body for CPAs. It works closely with the National Association of State Boards of Accountancy (NASBA) and the American Institute of Certified Public Accountants (AICPA). Oklahoma is a two-tiered state, meaning an applicant will receive a certificate from the state upon passing the CPA Exam, which will be used to obtain a license after fulfilling the other 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 | Minimum score of 75 is required |
| Work Experience | Requires 1 year of full-time experience, no less than 1,800 hours |
| Ethics Exam Requirements | Must pass the AICPA Ethics Exam |
| International CPA Examination Program | Oklahoma participates in the International CPA Exam Program. |
To sit for the CPA Exam in Oklahoma, you must fulfill specific Oklahoma CPA education requirements. As per the OAB, all CPA candidates must have a bachelor's degree or higher with at least 150 semester hours from an accredited institution.
Of the 150 semester hours, at least 76 must be from upper-division courses, 30 must be from upper-division accounting courses (including one course on external auditing standards), and 9 must be from upper-division business courses in any or all of the following subjects:
- Economics
- Statistics
- Finance
- Business management
- Marketing
- Business law
- Business communication
- Risk management
- Insurance
- Management information systems
- Computer science
The Oklahoma CPA education requirements for licensure are the same. This means that all candidates will have met their education requirements before sitting for the CPA Exam.
Working in a real-world environment helps CPA candidates polish their skills. Hence, the OAB requires all candidates to obtain at least one year of full-time experience (1,800 hours) within the four years prior to applying for certification. The experience must be verified by a CPA and may be in academia, public accounting, government, or industry. The experience must be submitted via an Experience Verification Form that includes the supervising CPA's full name and license number.
Oklahoma CPA Exam & Licensing - Cost and Fees
The OAB requires an initial application fee of $50 for the CPA Exam. The tentative exam fee for each section is $180. NASBA is yet to declare the 2024 CPA Exam fees for Oklahoma. Remember, as a two-tiered state, Oklahoma issues a certificate once you confirm you have passed the CPA Exam. Once your work experience is verified, the board will issue your license with a stipulated fee of $100. If you hold a CPA certificate or license from another jurisdiction and need to obtain an Oklahoma CPA certificate or license, visit the OAB website to learn about the reciprocal application process.
| Oklahoma CPA Exam Fees | |
|---|---|
| Initial Application Fee | $50.00 |
| Auditing and Attestation (AUD) | $180.00 |
| Financial Accounting and Reporting (FAR) | $180.00 |
| Regulation (REG) | $180.00 |
| ISC/BAR/TCP | $180.00 |
| Total: | $770 |
[Information Systems and Controls (ISC), Business Analysis and Reporting (BAR), Tax Compliance and Planning (TCP)]
License Renewal Requirements
The initial license issued by the OAB must be renewed annually by the last day of the license holder’s birth month by fulfilling the Continuing Professional Education (CPE) requirements for the cycle. The renewal window is open for three months preceding the expiration date.
Continuing Education Requirements
Engaging in continuous learning helps professionals develop their skills and remain up-to-date with the evolving professional landscape. Hence, the OAB requires CPA license holders to engage in CPE, which must be completed annually from January 1 to December 31. CPAs must complete at least 120 credit hours (including four hours of professional ethics) within any rolling 3-calendar-year period, with a minimum of 20 credit hours each year. You must maintain records of your CPE hours for at least five years from the end of the year the CPE was earned.
Oklahoma CPA Exam: Exam Dates, Score Release, and Scheduling
To sit for the CPA exam in Oklahoma, you need to navigate a structured process for scheduling. This includes understanding exam dates, score release dates, and how to schedule each section of the exam.
Exam Dates & Score Release
The CPA Exam is held year-round, allowing Oklahoma candidates to schedule each exam section based on their preferred date and location. CPA Exam score release dates are announced by the AICPA. After satisfying the Oklahoma CPA requirements, candidates are eligible to apply for the Uniform CPA Exam. This guide will help you understand the application process.
Exam Section Scheduling
Oklahoma CPA candidates can register for the CPA Exam via the OAB portal. You must submit your education transcripts, application, and application fee of $50 to the board.
The OAB will review your application and send an approval letter confirming your eligibility. You will receive an Authorization to Test (ATT) indicating that you can now take the CPA Exam. Next, NASBA will share a payment coupon to pay the exam fees.
Upon payment confirmation, you’ll receive a Notice to Schedule (NTS) from NASBA, allowing you to schedule your exam. You must bring your NTS with you to the Prometric exam center.
You can then schedule your CPA Exam sections via the Prometric website. Here you can easily find the exam dates and locations that meet your individual needs.
Candidates must pass all sections of the CPA Exam with a passing score of 75 or higher.
