Cpa new york

CPA (Certified Public Accountant) in New York!

Here's an overview of the CPA certification process in New York:

Eligibility Requirements:

  1. Age: You must be at least 18 years old.
  2. Education: You must have a bachelor's degree from an accredited institution.
  3. Coursework: You must have completed a minimum of 120 semester hours of college credit, including:
    • 30 semester hours in accounting and related courses (e.g., auditing, taxation, financial accounting).
    • 15 semester hours in business courses (e.g., finance, economics, management).
  4. Experience: You must have at least 1 year of experience in accounting or a related field.

CPA Exam:

  1. The CPA exam is administered by the American Institute of Certified Public Accountants (AICPA) and the New York State Education Department (NYSED).
  2. The exam consists of 14 hours of testing, divided into four sections:
    • Auditing and Attestation (AUD)
    • Financial Accounting and Reporting (FAR)
    • Regulation (REG)
    • Business Environment and Concepts (BEC)
  3. You must pass all four sections within an 18-month period.

CPA Certification:

  1. After passing the CPA exam, you must apply for certification with the NYSED.
  2. You must also complete a professional ethics course and a continuing professional education (CPE) program.
  3. Once certified, you must complete 120 hours of CPE every three years to maintain your certification.

CPA Requirements in New York:

  1. You must be a resident of New York State or have a valid New York State business address.
  2. You must have a valid Social Security number or Individual Taxpayer Identification Number (ITIN).
  3. You must not have any pending or unresolved disciplinary actions against you.

CPA Salary in New York:

According to the Bureau of Labor Statistics (BLS), the median annual salary for accountants and auditors in New York State was $74,140 in May 2020.

CPA Job Opportunities in New York:

New York is a hub for finance, accounting, and business, offering many job opportunities for CPAs. Some of the top industries for CPAs in New York include:

  1. Public accounting firms
  2. Private companies (e.g., financial institutions, manufacturing, healthcare)
  3. Government agencies (e.g., state and local governments, federal agencies)
  4. Non-profit organizations

I hope this information helps you on your journey to becoming a CPA in New York!