Oklahoma CPA Requirements
Exam and License Requirements to Become a CPA
Semester Units
Hours of Experience
In Application Fees
Mandatory State Ethics Exam
Exam Program
Semester Units
Hours of Experience
In Application Fees
Mandatory State Ethics Exam
Exam Program
Oklahoma CPA Requirements
Obtaining a CPA license in Oklahoma requires candidates to pass all four 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 | Yes |
| International CPA Examination Program | Yes |
Your Social Security number is required to obtain a CPA license in Oklahoma. It helps ascertain tax compliance with the laws of the land.
- There is no mandate on holding U.S. citizenship to apply for CPA licensure in Oklahoma. You will simply need to complete the Affidavit for Lawful Presence in the United States.
- You must be at least 18 years old to be eligible for the CPA Exam.
- You must be a current resident of Oklahoma.
To sit for the CPA Exam in Oklahoma, candidates 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.
The CPA Exam has four sections, and you must score at least 75 in each to qualify for licensure. You must pass all the sections within an 18-month window.
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.
In addition to passing the CPA Exam and meeting experience requirements, candidates must pass the CPA Ethics Exam administered by the AICPA. It is an 11-hour, self-study course. You must score a minimum of 90 to pass, and can find it online via the AICPA portal.
Oklahoma participates in the International CPA Examination Program and allows non-U.S. citizens to become CPA license holders in the state. Foreign candidates must have their credentials evaluated by a member organization of the National Association of Credential Evaluation Services, Inc. (NACES). Upon evaluating your credentials, the OAB will proceed toward facilitating your aspiration to become a CPA. The board also considers international reciprocal licenses in conjunction with the International Qualifications Appraisal Board (IQAB). The following jurisdictions meet the qualifications of substantial equivalency with Oklahoma:
- Institute of Chartered Accountants in Australia (ICAA)
- CPA Australia
- Canadian Institute of Chartered Accountants (CICA)
- Instituto Mexicano de Contadores Públicos (IMCP)
- Institute of Chartered Accountants in Ireland (ICAI)
- Hong Kong Institute of Certified Public Accountants (HKICPA)
- New Zealand Institute of Chartered Accountants (NZICA)
Oklahoma CPA Exam & Licensing - Cost and Fees
The OAB requires an initial application fee of $50 for the CPA Exam. The exam fee for each section, $238.15, is paid directly to NASBA.
| Oklahoma CPA Exam Fees | ||
|---|---|---|
| Initial Application Fee | $50.00 | |
| Auditing and Attestation (AUD) | $238.15 | |
| Business Environment and Concepts (BEC) | $238.15 | |
| Financial Accounting and Reporting (FAR) | $238.15 | |
| Regulation (REG) | $238.15 | |
| Total: | $1,002.60 | |
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 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.
Oklahoma CPA 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: Dates, Score Release, and Scheduling
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 every two years. 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.
Submission of the CPA Exam Application
Oklahoma CPA candidates can register for the CPA Exam via the OAB portal. They must submit their education transcripts, application, and application fee of $50 to the board.
Obtain Authorization to Test (ATT)
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.
Notice to Schedule (NTS)
Upon payment confirmation, you will 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.
Exam Scheduling With Prometric
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.
Pass the Exam
Candidates must pass the four sections of the CPA Exam in an 18-month window. A passing score on each exam section is 75 or higher.