Vermont CPA requirements

Wondering how to become a CPA in Vermont? Your first step should be to check the Vermont CPA requirements, because Vermont will ultimately license you. This page serves as a resource for Vermont's CPA requirements and is current as of August 2021. Always consult with Vermont's Board of Accountancy for the most current information.

Vermont CPA Exam requirements

Getting a CPA in each state mandates different requirements for the CPA Exam. In order to be eligible for the CPA Exam, the state requires candidates to meet certain Vermont CPA Exam requirements, including: 

  • Must present themselves to be of good moral character.
  • Minimum education requirements, as detailed below.

Minimum education requirement

All CPA Exam candidates in Vermont must have a bachelor's degree or higher from a regionally accredited college or university. In order to meet the Vermont CPA Exam requirements, candidates are required to complete 150 semester hours in various course subjects, including:

  • 30 semester hours in accounting and business including:
    • 6 semester (9 quarter) hours of financial and/or managerial accounting (excluding introductory accounting)
    • 3 semester (4.5 quarter) hours of auditing,
    • 3 semester (4.5 quarter) hours of US taxation,
    • 3 semester (4.5 quarter) hours of US business law

Vermont CPA license requirements

In order to earn a certified public accountant license in Vermont, applicants must meet the following requirements: 

Minimum experience requirement

  • One year of public accounting experience (2,080 hours) is required.
  • Licensees submitting evidence of an applicant’s experience must provide proof of holding a license in good standing as a CPA or equivalent license for the period of supervision. 

Ethics exam

All candidates must complete a course of study in professional ethics for accountants equivalent to eight hours of continuing professional education that shall include the AICPA Code of Conduct or Vermont accountancy statutes and rules.

Vermont CPA license renewals

Vermont CPAs must renew their license every two years.

Vermont CPA CPE requirements

Continuing professional education (CPE) must be completed in the two calendar years prior to the year during which a license is to be renewed. All CPAs must complete no less than 80 hours of CPE credits that comply with Vermont Board of Accountancy rules during the two year period preceding renewal. This includes:

  • May carryover from one biennium a maximum of ten CPE credit hours. The carryover hours cannot be the required eight hours of auditing and accounting or the four hours of ethics.
  • Licensees must successfully complete at least four hours of CPE credits in the subject area of ethics for accountants.
  • Licensees must successfully complete at least eight hours of CPE credits in the subject area of accounting and auditing.

Sources:

Education, ethics, experience

Education, fees, moral character, residency

Renewals

Experience, CPE, renewals

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