Do you want to become a Certified Public Accountant (CPA) in Wyoming? Here’s your best resource for the Wyoming CPA requirements, as we explore the educational and experiential requirements for the state, along with other prerequisites. Take a step toward becoming a licensed CPA by going through Wyoming’s requirements, application, and licensure process.
Understanding Wyoming CPA Requirements
The Wyoming Board of Certified Public Accountants lays down the CPA requirements for the state. It is closely associated with the National Association of State Boards of Accountancy (NASBA) and the American Institute of Certified Public Accountants (AICPA®). Becoming a CPA in Wyoming requires candidates to complete their education, pass the CPA and ethics exams, and gain work experience, among other requirements.
| Social Security Requirement | No |
| Age, Citizenship, and Residency Requirements |
|
| Good Moral Character | Yes |
| Education Requirements for Licensure | 150 hours (including a bachelor’s degree) |
| Exam Passing Requirements | Minimum 75 in each section |
| Ethics Exam Requirements | No ethics exam is required |
| Work Experience | 1 year of experience |
| International CPA Examination Program | Yes, is a participant |
Educational Requirements
As per Wyoming CPA requirements, candidates must have at least 120 semester hours of college education to sit for the CPA Exam. Of the 120 semester hours, 24 semester hours each should be obtained in accounting and business courses (non-accounting) at the undergraduate or graduate level. Note that a maximum of 6 semester hours for the internship may count towards the accounting or business course requirement.
For CPA licensure, candidates must obtain 150 semester hours of college education, including 24 semester hours each in accounting and business courses (excluding non-accounting courses).
Work Experience Requirements
Obtaining hands-on experience before licensure is mandatory for Wyoming CPA candidates. Hence, candidates must demonstrate at least 1 year of experience in public accounting, verified by an active CPA. The experience shall be gained through employment in government, industry, academia, or public accounting.
However, the board may consider equivalent experience that is not verified by an active CPA. In this case, the candidates must provide documentation verifying equivalency by specifying the job title, employment period, and a detailed description of their roles and responsibilities, affirmed by an appropriate supervisor or official. Moreover, the candidate shall provide work samples demonstrating the quality of work experience earned.
Ethical Exam Requirements
Wyoming does not require CPA candidates to pass a separate ethics examination as part of the licensure process. Instead, licensed CPAs in Wyoming must complete Board-approved ethics continuing professional education. According to the Wyoming Board of Certified Public Accountants, license holders are required to complete 4 hours of regulatory and professional ethics CPE every 3 years through a Board-approved provider.
Wyoming CPA Exam & Licensing: Cost and Fees
Wyoming CPA candidates must pay an application fee of $110 to the state board and a separate fee of $262.64 for each exam section applied to NASBA. Please note that the exam section fees below are subject to change. The fees must be paid at the time of application submission. If re-taking any exam section, a re-examination fee of $50 is in addition to the examination fee.
| Wyoming CPA Exam Fees | |
|---|---|
| Initial Application Fee | $110 |
| Auditing and Attestation (AUD) | $262.64 |
| Financial Accounting and Reporting (FAR) | $262.64 |
| Regulation (REG) | $262.64 |
| ISC/BAR/TCP | $262.64 |
| Total: | $1,160.56 |
Pass the 3 core sections, AUD, FAR, and REG, and 1 discipline section: Information Systems and Controls (ISC), Business Analysis and Reporting (BAR), or Tax Compliance and Planning (TCP).
You can apply for CPA licensure after satisfying all the requirements by the Wyoming State Board via an online application. The application is available on the state board’s website and can be submitted for a fee of $225.
License Renewal Requirements
All the CPA licenses will expire by Dec. 31 each year, and holders must renew their licenses annually. The renewal notifications will be sent to all license holders via email by Oct. 1 each year. The license renewal application will be made available online using the Online Portal for Application and Licensure (OPAL) system on Oct. 1 each year, and you can apply with a fee of $190.
Continuing Education Requirements
Engaging in Continuing Professional Education (CPE) is essential for CPAs to stay updated with the latest changes and implement best practices. In this regard, WY CPA license holders must obtain 120 CPE hours in a rolling 3-year period to qualify for license renewal. Out of the 120 CPE hours, 4 hours must be in ethics, and a maximum of 40 CPE hours in behavioral ethics, communications, personal development, and human resources.
Wyoming CPA Exam: Exam Dates, Score Release, and Scheduling
After fulfilling the Wyoming CPA requirements for the exam, candidates can apply for the Uniform CPA Examination and take the 1st step toward becoming a licensed CPA. However, knowing details such as exam and score release dates, as well as the application process, is essential. Let’s examine these details and understand the application process.
Exam Dates and Score Release
Candidates should review CPA Exam score release timelines published by the AICPA when planning their exam schedule. The Uniform CPA Examination is offered through a continuous testing model, allowing candidates to take the computer-based exam year-round without restrictions related to standard-setting activities.
Scheduling the CPA Examination
Each state has a slightly different application process. Here’s a quick guide to applying for and scheduling the Wyoming CPA Exam.
WY CPA candidates can head to the state board website to fill out the application form and present proof of identity, as the board requires. The application will be accompanied by a non-refundable application fee of $110. Ensure that your educational transcripts are directly submitted to the state board from your college or university.
As a participant in the International CPA Examination Program, international candidates or those who’ve completed their education outside the United States can apply for the Wyoming CPA Exam.
The state board will determine your eligibility to sit for the CPA Exam. If eligible, the board shall forward a notification of eligibility in the form of an Authorization to Test (ATT). It confirms that you can sit for the CPA Exam in Wyoming.
Upon receiving the ATT from the state board, you will receive a NASBA payment coupon for the applied exam sections. Once your payment is received, a Notice to Schedule (NTS) is available for each section applied. Ensure you carry a physical copy of your NTS to the testing center on the exam day.
The NTS is used to schedule your CPA Exam using Prometric. The portal will help you find available dates and locations for the exam, and you can schedule it according to your preference.
The 4-part CPA Exam must be passed with a minimum score of 75 in each section within 30 months.
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