How to Become a CPA in Georgia | Unlocking Your Potential

Georgia CPA

In Georgia, becoming a Certified Public Accountant (CPA) is a rewarding and fulfilling career path for those interested in finance, accounting, or aspiring Limited Liability Company owners. CPAs are in high demand and enjoy lucrative salaries, job security, and growth opportunities. In Georgia, as in any other state, aspiring CPAs must fulfill certain educational, experience, and examination requirements to become licensed. This comprehensive guide will walk you through the steps to Becoming a CPA in Georgia and provide valuable tips and resources to help you succeed.

Webinarcare Editorial Team will help you gain knowledge through thorough research and market study. Before you become a CPA, all the steps in this article must guide you.

What is a CPA?

A CPA, or Certified Public Accountant, is a professional accountant who meets the educational, examination, and experience requirements to become licensed in Georgia. CPAs are accounting, finance, and taxation experts, providing valuable services to individuals, businesses, non-profit organizations, and government agencies.

In Georgia, CPAs are licensed and regulated by the Georgia Board of Accountancy, ensuring that they adhere to strict professional and ethical standards. CPAs in Georgia offer a range of services, including but not limited to:

  • Tax planning and preparation for individuals, LLCs, and corporations
  • Financial statement preparation and analysis
  • Auditing and assurance services
  • Georgia Business Consulting
  • Internal control and risk management
  • Forensic accounting and fraud investigation

As a CPA, one can work in various sectors, including public accounting firms, Georgia Corporations, government agencies, non-profit organizations, or as a self-employed professional. Regardless of the specific role, a CPA has the necessary knowledge, skills, and expertise to help clients navigate the complexities of financial management and make informed decisions.

To maintain their CPA license in Georgia, CPAs must also adhere to continuing professional education (CPE) requirements, ensuring that they stay up-to-date with current accounting standards, tax regulations, and industry best practices. This ensures Georgia CPAs provide their clients with the highest service and expertise.

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How to Become a CPA in Georgia

Suppose you’re considering becoming a CPA in Georgia. In that case, it’s important to understand the steps and requirements involved in obtaining your license and starting your professional journey. This step-by-step guide will walk you through becoming a CPA.

Step 1: Fulfill The Educational Requirements

The first step to becoming a CPA in Georgia is to complete the necessary education requirements. The Georgia Board of Accountancy requires CPA candidates to hold a bachelor’s degree or higher from an accredited college or university. Additionally, candidates must complete 150 semester hours of college education, including specific coursework in accounting and business.

Accounting Coursework

In Georgia, CPA candidates must complete at least 24 semester hours in accounting courses, including:

  • Financial Accounting
  • Managerial Accounting
  • Auditing
  • Taxation
  • Accounting Information Systems
  • Governmental or Not-For-Profit Accounting

It is important to note that introductory accounting courses may not be counted towards the 24-hour requirement.

Business Coursework

In addition to accounting courses, CPA candidates in Georgia must also complete at least 24 semester hours in business-related courses, such as:

  • Business Law
  • Economics
  • Finance
  • Management
  • Marketing
  • Statistics

Some states also require specific coursework, such as Georgia-specific ethics courses, so check with the Georgia Board of Accountancy for any unique requirements.

Here is the coursework breakdown for becoming a CPA in Georgia.

Accounting CourseworkBusiness Coursework
Financial AccountingBusiness Law
Managerial AccountingEconomics
AuditingFinance
TaxationManagement
Accounting Information SystemsMarketing
Not-For-Profit AccountingStatistics

Step 2: Pass The Uniform CPA Examination

After completing the educational requirements, the next step to becoming a CPA in Georgia is to pass the Uniform CPA Examination on the NASBA website.

NASBA

The CPA Exam is a comprehensive, four-part test designed to assess a candidate’s knowledge and skills in accounting and business. The four sections of the CPA Exam are:

  • Auditing and Attestation (AUD)
  • Business Environment and Concepts (BEC)
  • Financial Accounting and Reporting (FAR)
  • Regulation (REG)

Each section of the CPA Exam is scored on a scale of 0 to 99, with a passing score of 75 or higher required for each section. The CPA Exam is administered by the American Institute of Certified Public Accountants (AICPA) and is offered at Prometric testing centers throughout the United States and, more specifically, in Georgia.

CPA Exam Application Process

To apply for the CPA Exam in Georgia, candidates must first create an account with the National Association of State Boards of Accountancy (NASBA). Once an account is created, candidates can submit their applications and send their official college transcripts to NASBA for evaluation. NASBA will then determine the candidate’s eligibility to sit for the CPA Exam based on their education and will provide an Authorization to Test (ATT) once approved. The required fee for the Georgia CPA exam application costs $774 (4 exam sections) + $140 application fee.

CPA Exam Scheduling

Once candidates receive their ATT, they can schedule their CPA Exam sections at a Prometric testing center. The CPA Exam is offered during four testing windows throughout the year:

  • January 1 – March 10
  • April 1 – June 10
  • July 1 – September 10
  • October 1 – December 10

It is important to note that candidates must pass all four sections of the CPA Exam within an 18-month window, which begins upon passing the first section. If a candidate does not pass all four sections within this time frame, they will lose credit for the oldest passed section and must retake it.

Step 3: Complete The Experience Requirement

In addition to education and examination requirements, CPA candidates in Georgia must fulfill an experience requirement to become licensed. The Georgia Board of Accountancy requires candidates to complete at least one year (or 2,000 hours) of supervised work experience in accounting, auditing, tax, or management advisory services.

A licensed CPA must supervise the work experience with an active license in Georgia or another jurisdiction with substantially equivalent requirements. It is important to note that the experience requirement must be completed within a timeframe of, at most, 36 months.

It is recommended that CPA candidates keep detailed records of their work experience, including dates, hours, tasks, and supervisor information. This documentation will be required when applying for licensure with the Georgia Board of Accountancy.

Step 4: Pass The Georgia Ethics Exam

Candidates must also pass an ethics exam before becoming a licensed CPA in Georgia. The Georgia Board of Accountancy may require a specific ethics course and exam, or candidates may be required to take the AICPA Professional Ethics Exam. This self-study course and exam cover ethical reasoning, independence, integrity, objectivity, and professional conduct. Candidates must score 90% or higher on the ethics exam to pass.

Step 5: Apply For Licensure

Once all educational, examination, and experience requirements have been met, CPA candidates can apply for licensure with the Georgia Board of Accountancy. Candidates must apply, pay $200 initial license fee, $100 biennial renewal, and document their education, examination scores, work experience, and ethics exam completion.

After the Georgia Board of Accountancy reviews and approves the application, candidates will be issued their CPA license and can begin practicing as a Certified Public Accountant in Georgia.

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How Much Does a CPA Make?

The salary of a Certified Public Accountant (CPA) can vary greatly depending on factors such as years of experience, industry, company size, and job location. The average salary range for a CPA in Georgia is between $60,000 and $120,000 annually.

Entry-level CPAs with less than one year of experience can expect to earn an average salary of around $50,000 to $60,000 per year. As CPAs gain experience, their earning potential typically increases. Those with five to nine years of experience can earn an average salary of $70,000 to $90,000 per year, while CPAs with more than ten years of experience can earn upwards of $100,000 or more annually.

In Georgia, CPAs working in metropolitan areas or specialized industries, such as finance or technology, may command higher salaries than those in smaller cities or industries with lower demand for accounting services.

Additionally, obtaining specialized certifications, such as the Certified Management Accountant (CMA) or Certified Information Systems Auditor (CISA), or pursuing advanced degrees can further increase a CPA’s earning potential in accounting and finance.

FAQs

What are the educational requirements for becoming a CPA in Georgia?
A minimum of a bachelor’s degree with an emphasis in accounting or a related field is required for becoming a CPA in Georgia.
Is a master’s degree required to become a CPA in Georgia?
No, a master’s degree is not required to become a CPA in Georgia, but it can be helpful in meeting the educational requirements.
How many credit hours must be comprised of accounting courses in Georgia to qualify for the CPA exam?
At least 24 credit hours in accounting courses are required to qualify for the CPA exam in Georgia.
How many credit hours must be comprised of business courses in Georgia to qualify for the CPA exam?
At least 24 credit hours in business courses are required to qualify for the CPA exam in Georgia.
How many credit hours of general education courses are required in Georgia to qualify for the CPA exam?
In Georgia, at least 20 credit hours of general education courses are required to qualify for the CPA exam.
How much employment experience is required to become a CPA in Georgia?
In Georgia, at least two years of full-time employment experience in accounting above the entry-level position is required to become a CPA.
Does the employment experience for becoming a CPA in Georgia need to be supervised?
Yes, the employment experience for becoming a CPA in Georgia must be supervised by a licensed CPA.
What is the application fee for the CPA exam in Georgia?
As of 2021, the application fee for the CPA exam in Georgia is $195.
What is the passing score for the CPA exam in Georgia?
The passing score for each section of the CPA exam in Georgia is currently 75.
What is the total cost to become a CPA in Georgia, including exam fees, study materials, and other expenses?
The total cost can vary by individual, but it can range from approximately $3,000 to $8,000 depending on study materials and other costs such as CPA review courses.
How many times can I retake the CPA exam if I fail a section in Georgia?
In Georgia, there is no limit to the number of times a section of the CPA exam can be retaken.
Is there a waiting period between CPA exam retakes in Georgia?
Yes, there is a waiting period of at least thirty days between retakes of any given section of the CPA exam in Georgia.
How long is my CPA exam score valid in Georgia?
In Georgia, CPA exam scores are valid for eighteen months from the date the test taker completed the last section.
Do I need to pass the CPA exam within a certain timeframe after fulfilling the educational requirements in Georgia?
No, there is no specific timeframe in Georgia for passing the CPA exam after fulfilling the educational requirements.
Is residency required to become a CPA in Georgia?
Residency is not a requirement to become a CPA in Georgia, but candidates must be legal U.S. residents to sit for the exam.
What is the minimum age requirement to become a CPA in Georgia?
In Georgia, there is no minimum age requirement to become a CPA, but candidates must meet all the other requirements.
Are there any course substitutions allowed for the accounting or business credit hours required in Georgia?
In Georgia, there are specific guidelines for acceptable substitutions for accounting and business courses that can fulfill the credit hour requirements.
Can I apply to sit for the CPA exam without completing all of the educational requirements in Georgia?
Yes, candidates who are close to completion of the educational requirements can apply to sit for the CPA exam in Georgia with conditional status.
Are there any residency requirements for licensed CPAs in Georgia?
There are no specific residency requirements for licensed CPAs in Georgia, but they must comply with ongoing professional development requirements set by the Georgia State Board of Accountancy.
Is there a difference between the CPA exam requirements for candidates with a master’s degree versus those with a bachelor’s degree?
The same educational and experiential requirements apply to all candidates taking the CPA exam in Georgia.
Is there a deadline to apply for the CPA exam in Georgia?
There is no specific deadline to apply for the CPA exam in Georgia, as applications are accepted for testing year-round.
How long does it typically take to complete all of the requirements for becoming a CPA in Georgia?
Depending on the individual’s background and personal circumstances, it can take anywhere from two to five years to complete all of the requirements for becoming a CPA in Georgia.
What is the current job outlook for CPAs in Georgia?
According to the Bureau of Labor Statistics, employment for accountants and auditors in Georgia is projected to grow by 7% from 2019-2029.
Are there any professional organizations for CPAs in Georgia?
Yes, the Georgia Society of CPAs is a professional organization for CPAs in Georgia that provides networking opportunities and professional resources.
What is the complete process for becoming a licensed CPA in Georgia?
The complete process for becoming a CPA in Georgia involves fulfilling the educational and work experience requirements, passing the CPA exam, and submitting an application for licensure to the Georgia State Board of Accountancy.
How often must CPAs in Georgia renew their licenses?
In Georgia, CPA licenses must be renewed every two years.
How many CPAs are currently licensed in Georgia?
As of the most recent data in 2019, there were over 21,000 actively licensed CPAs in Georgia.
What should I do if I have more questions about becoming a CPA in Georgia?
Candidates with questions about becoming a CPA in Georgia should contact the Georgia State Board of Accountancy for guidance and clarification.
What are the eligibility requirements to become a CPA in Georgia?
To become a CPA in Georgia, you must have a bachelor’s degree from an accredited college or university and complete at least 150 semester hours of college education.
What does the Georgia State Board of Accountancy do?
The Georgia State Board of Accountancy is responsible for regulating and licensing CPAs in Georgia.
How do I apply for a CPA license in Georgia?
You can apply for a CPA license in Georgia by submitting an online application with the Georgia State Board of Accountancy.
How much does it cost to apply for a CPA license in Georgia?
The application fee for a CPA license in Georgia is $150.
How long does it take to become a licensed CPA in Georgia?
The process to become a licensed CPA in Georgia may take several years, depending on your educational background and the amount of time you need to complete the required coursework and exams.
What is the Uniform CPA Exam?
The Uniform CPA Exam is a standardized exam that measures the knowledge and skills required of entry-level CPAs. In Georgia, it consists of four sections
Do I need to pass the Uniform CPA Exam to become a licensed CPA in Georgia?
Yes, you must pass the Uniform CPA Exam in order to become a licensed CPA in Georgia.
How many times can I take the Uniform CPA Exam in Georgia?
In Georgia, you may attempt each section of the Uniform CPA Exam up to four times within an 18-month period.
Can I take the Uniform CPA Exam in Georgia if I am not a resident of the state?
Yes, you can take the Uniform CPA Exam in Georgia even if you are not a resident of the state.
How long do I have to wait to get my results after taking the Uniform CPA Exam in Georgia?
Results for the Uniform CPA Exam are available approximately eight weeks after the end of each testing window.
Does Georgia participate in the NASBA Score Release program?
Yes, Georgia participates in the NASBA Score Release program, which means that CPA candidates can access their scores as soon as they become available.
What is an ethics exam, and do I need to take one to become a CPA in Georgia?
An ethics exam is a test of your knowledge of professional ethics in the accounting field. In Georgia, you must pass an ethics exam before you can receive your CPA license.
How long is the ethics exam in Georgia?
The ethics exam in Georgia is a self-study course that typically takes 4-6 hours to complete.
Can I take the ethics exam before passing the Uniform CPA Exam in Georgia?
Yes, you can take the ethics exam before passing the Uniform CPA Exam in Georgia.
Is work experience required to become a CPA in Georgia?
Yes, you must complete at least two years of relevant work experience to become a licensed CPA in Georgia.
What kind of work experience qualifies for the CPA license in Georgia?
Work experience that qualifies for the CPA license in Georgia must be in public accounting, industry, government, or education.
Can I fulfill the work experience requirement before I pass the Uniform CPA Exam in Georgia?
No, you must have completed all educational and exam requirements before you can start working towards fulfilling the work experience requirement in Georgia.
What is the professional education requirement for becoming a CPA in Georgia?
In Georgia, you must satisfy the professional education requirement, which entails completing at least 40 hours of continuing professional education (CPE) each year.
Does Georgia have any residency or citizenship requirements for becoming a CPA?
No, Georgia does not have any residency or citizenship requirements for becoming a CPA.
What are the steps I need to take to become a CPA in Georgia?
The steps to becoming a CPA in Georgia include completing the required education and exam requirements, passing an ethics exam, fulfilling the work experience requirement, and complying with the professional education requirement.
How often do I need to renew my CPA license in Georgia?
CPA licenses in Georgia are renewed annually.
What is the renewal process for CPA licenses in Georgia?
To renew your CPA license in Georgia, you must complete at least 40 hours of CPE and submit a renewal application along with the appropriate fee to the Georgia State Board of Accountancy.
How can I verify that someone is a licensed CPA in Georgia?
You can verify that someone is a licensed CPA in Georgia by checking with the Georgia State Board of Accountancy or searching the online CPA License Database maintained by the National Association of State Boards of Accountancy (NASBA).
Can I earn a CPA license in Georgia if I have a criminal record?
The Georgia State Board of Accountancy evaluates each CPA license application on a case-by-case basis, which may include consideration of criminal records.
Are there any restrictions on the use of the CPA title in Georgia?
In Georgia, the use of the CPA title or the holding out to the public as a CPA are restricted to licensed CPAs only.
What resources are available to CPA candidates in Georgia?
CPA candidates in Georgia have access to a variety of resources, including study materials, exam prep courses, and professional organizations like the Georgia Society of CPAs.
Can I transfer my CPA license to Georgia from another state?
Yes, you can transfer your CPA license to Georgia from another state, provided that you meet Georgia’s education, exam, and work experience requirements.
How do I apply for a reciprocal license in Georgia?
To apply for a reciprocal CPA license in Georgia, you must submit an application and the appropriate fees to the Georgia State Board of Accountancy, along with documentation of your license and exam scores from your original state.

Also Read

How to Save Money While Starting a Becoming Cpa in Georgia

First and foremost, one of the best ways to save money while pursuing your CPA designation is to create a budget and stick to it. It may seem like common sense, but many people underestimate just how quickly small expenses can add up. By tracking your expenditures and setting limits on non-essential items, you can free up more of your financial resources to put towards your CPA studies.

Another way to save money is to take advantage of all the free resources that are available to aspiring CPAs. Many professional organizations and accounting firms offer free webinars, study guides, and other materials that can help you prepare for the CPA exam without having to spend a lot of money. Additionally, there are numerous online forums and study groups where you can connect with other aspiring accountants to share study tips and resources.

In addition to utilizing free resources, it’s also important to shop around and compare prices when it comes to purchasing study materials and prep courses. Many CPA review providers offer discounts and promotions throughout the year, so it pays to do some research and see where you can find the best deals. You can also consider purchasing used or second-hand study materials from other aspiring CPAs who have already completed their exams.

Another way to save money while pursuing your CPA designation is to take advantage of any available discounts or scholarships. Many accounting firms and professional organizations offer financial assistance to aspiring CPAs, so be sure to look into any opportunities that may be available to you. Additionally, some employers may offer reimbursement for CPA exam fees or study materials, so it’s worth checking with your HR department to see if your company has any financial assistance programs in place.

Finally, when it comes to saving money while studying for the CPA exam, it’s important to prioritize your expenses and focus on the resources that will have the greatest impact on your exam preparation. While it may be tempting to splurge on the latest study materials or prep courses, it’s essential to remember that success on the CPA exam ultimately comes down to your dedication and commitment to studying diligently and consistently.

In conclusion, while pursuing a career as a CPA in Georgia can be a daunting and expensive endeavor, there are several ways to save money and make the process more manageable. By creating a budget, taking advantage of free resources, shopping around for deals, seeking out discounts and scholarships, and prioritizing your expenses, you can set yourself up for success while pursuing your CPA designation. By implementing these strategies, you can achieve your goal of becoming a CPA without breaking the bank.

Conclusion

Becoming a CPA in Georgia requires dedication and hard work, but the rewards are worthwhile. With a strong foundation in education and experience, as well as successful completion of the CPA Exam and ethics exam, aspiring CPAs can enjoy a fulfilling and lucrative career in accounting and finance. By following the steps outlined in this guide, you’ll be well on your way to becoming a licensed CPA in Georgia and making a significant impact in finance.

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