Introduction to Becoming a CPA in Florida
To become a licensed CPA in Florida, you must meet the state's specific requirements, which include completing a bachelor's degree in accounting or a related field, passing the Uniform CPA Examination, and gaining relevant work experience.
The Florida Institute of Certified Public Accountants (FICPA) is the primary organization responsible for regulating the accounting profession in the state, and it provides guidance on the certification process.
Education Requirements for Florida CPAs
The Florida Board of Accountancy requires CPA candidates to have a bachelor's degree from an accredited institution, with a minimum of 120 semester hours of college credit, including 24 semester hours of upper-level accounting courses and 24 semester hours of general business courses.
In addition to meeting the educational requirements, CPA candidates must also complete a course in accounting research and a course in professional ethics, which can be taken as part of their undergraduate or graduate degree program.
The Uniform CPA Examination
The Uniform CPA Examination is a 16-hour exam that tests a candidate's knowledge and skills in auditing, financial accounting, regulation, and business environment and concepts.
The exam is administered by the American Institute of Certified Public Accountants (AICPA) and is divided into four sections, each of which must be passed with a minimum score of 75 to qualify for a CPA license.
Gaining Relevant Work Experience
After passing the Uniform CPA Examination, CPA candidates must gain one year of relevant work experience in accounting, which can be completed in a public accounting firm, private industry, or government agency.
The work experience must be verified by a licensed CPA, who will attest to the candidate's competence in performing accounting tasks and their ability to apply accounting principles in a real-world setting.
Maintaining Your CPA License
Once you have obtained your CPA license, you must complete continuing professional education (CPE) courses to maintain your certification and stay current with changes in accounting principles and regulations.
The Florida Board of Accountancy requires CPAs to complete 80 hours of CPE every two years, with a minimum of 20 hours per year, to ensure that they remain competent and knowledgeable in their field.
Frequently Asked Questions
What are the education requirements to become a CPA in Florida?
A bachelor's degree with 120 semester hours, including 24 hours of upper-level accounting and 24 hours of general business courses.
How long does it take to become a licensed CPA in Florida?
Typically 2-3 years after completing a bachelor's degree, including passing the Uniform CPA Examination and gaining relevant work experience.
What is the Uniform CPA Examination?
A 16-hour exam that tests knowledge and skills in auditing, financial accounting, regulation, and business environment and concepts.
How do I maintain my CPA license in Florida?
Complete 80 hours of continuing professional education (CPE) every two years, with a minimum of 20 hours per year.
What is the role of the Florida Institute of Certified Public Accountants (FICPA)?
The FICPA regulates the accounting profession in Florida and provides guidance on the certification process.
Can I become a CPA in Florida without a degree in accounting?
Yes, but you must meet the state's education requirements, which include completing 24 hours of upper-level accounting and 24 hours of general business courses.