• be of good moral character; and
• have earned a minimum of 120 semester hours of general college level education with 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 U.S. taxation,
• 3 semester (4.5 quarter) hours of U.S. business law,

All educational transcripts, Certificate of Enrollments, and/or foreign evaluations are required to be submitted to CPA Examination Services. You may submit official school transcripts, Certificate of Enrollments and/or foreign evaluations separately or included with first-time application.

Beginning July 1, 2014:

All candidates will be required to have 150 semester hours to be licensed. Additionally, candidates will need to have a fully completed application on file with the Board, including successful completion of the examination, experience and education requirements prior to July 1, 2014, if they wish to gain licensure without 150 semester hours.

Transcripts

If you who have completed the educational requirement at the time of application:

• You must submit an official transcript from each school you attended. Transfer credits are not acceptable; you must submit a transcript from each institution.
• Official transcripts are those that have been issued by the institution’s Registrar’s Office and include the Registrar’s official seal.
• The degree you have earned must be posted on your official transcript.
• Transcripts may be submitted electronically provided they are official. Some schools do not offer this service. Contact your Registrar’s office for additional information. If an email address is required for electronic delivery, use etranscript@nasba.org. Electronically delivered transcripts must be submitted directly from the institution(s).
• Photocopies of transcripts are not official and cannot be accepted.
• If required documentation is not received within 45 days of the submission date of your application, your application will be marked as incomplete and will not be processed further. Failure to submit all required supporting documents will result in the denial of your application, forfeiture of your application fee, and the secure destruction of all documents submitted.
• Please Note: If you have not yet applied when you submit your transcripts, your education documents will be kept on file for one year. After that time, the documents will be destroyed, and you will need to resubmit new education documents when you apply.
• If you completed courses at a campus located outside the U.S. for a school located in the U.S., the official transcript must be issued by the registrar from the U.S. campus. Transcripts issued by the registrar for the campus located outside the U.S. will not be accepted.

If you are currently enrolled in college at the time of application, you must:

• submit an official transcript from each school you attended.
• submit to CPA Examination Services a completed Certificate of Enrollment (COE) form. This form is evidence that you are currently enrolled and that: (1) all courses will be completed no later than 60 days immediately following the actual date your first-time application was received by CPA Examination Services and (2) the final official transcript showing completion of all education, will be submitted to CPA Examination Services no later than 120 days immediately following the date CPA Examination Services received your first-time application. The form must be signed by an authorized official of the college and signed by you.
• Official school transcripts with “in progress” courses listed are acceptable in lieu of Certificate of Enrollment.
• The official transcript(s) and Certificate of Enrollment Form may be submitted by you.
• If required documentation is not received within 45 days of the submission date of your application, your application will be marked as incomplete and will not be processed further. Failure to submit all required supporting documents will result in the denial of your application, forfeiture of your application fee, and the secure destruction of all documents submitted.
• If you completed courses at a campus located outside the U.S. for a school located in the U.S., the official transcript must be issued by the registrar from the U.S. campus. Transcripts issued by the registrar for the campus located outside the U.S. will not be accepted.

After all educational requirements have been met, you must:

• submit to CPA Examination Services the final official transcript showing completion of all education, no later than 120 days immediately following the date CPA Examination Services received your first-time application.
• The final official transcript must display satisfactory completion of all courses and the degree graduation date.
• The official transcript may be submitted by you.

You are also advised:

• Examination scores will not be released nor will you be permitted to take future examinations until CPA Examination Services receives the final official transcript.
• Failure to successfully complete the courses and/or degree requirements as indicated on the Certificate of Enrollment will result in the examination score(s) being voided.
• If the required final official transcript is not received, the application will be determined to be incomplete and you will not receive examination score(s), will not receive any credit for any Uniform CPA Examination section taken, and will not be permitted to take any future examinations and will be required to reapply as a First-time applicant.

If you have completed educational requirements at institutions outside the U.S., you must:

• have your educational credentials evaluated by:
  • NASBA International Evaluation Services, or
  • any member organization of the National Association of Credential Evaluation Services (NACES).
• obtain the form to request this service from the evaluation service agency,
• submit a translated copy of each international transcript used for the evaluation,
• require the agency to evaluate as follows:
  • An equivalency summary that indicates the analogous academic degrees in the U.S. you hold;
  • A credential analysis that specifies:
    • The name of the country;
    • The degree awarded;
    • The year the degree was awarded; and
    • The entity that awarded the degree;
  • A course-by-course listing; and
  • A course credit analysis that includes:
    • Total credits earned toward the degree as stated on transcripts submitted;
    • Total accounting credits earned; and
    • Total business credits earned.
• Completed original evaluations must be received by CPAES directly from the evaluation service at the time of application. Photocopies are not acceptable.
• If required documentation is not received within 45 days of the submission date of your application, your application will be marked as incomplete and will not be processed further. Failure to submit all required supporting documents will result in the denial of your application, forfeiture of your application fee, and the secure destruction of all documents submitted.
• A copy of the international transcript must be included with the report sent to NASBA for each individual evaluation from the evaluation service. The application will be considered incomplete without these documents and the processing of the application will not move forward until transcripts are provided.
• Please Note: If you have not yet applied, education documents received will be kept on file for one year. After that time, these documents will be destroyed, and you will need to resubmit new education documents at the time of application.
• If you completed courses at a campus located outside the U.S. for a school located in the U.S., the official transcript must be issued by the registrar from the U.S. campus. Transcripts issued by the registrar for the campus located outside the U.S. will not be accepted.
• Education requirements must be met through academic coursework completed at an accredited institution. Professional training is not acceptable toward these requirements. Coursework completed as part of a Chartered Accountant or similar program is considered professional training and is, therefore, not accepted toward the education requirements for the U.S. Uniform CPA Examination.

Note: Certified General Accountant applicants from Canada are required to obtain an educational assessment by a foreign evaluation service.

Course Requirements

• Commercial CPA review courses are not acceptable.
• Education earned at a regionally accredited community college or two-year degree granting institution is acceptable.
• Official school transcripts with “in progress” courses listed are acceptable in lieu of Certificate of Enrollment.
• All courses earned must qualify for college credit at a two-year or four-year institution accredited by one of the six regional accrediting bodies (Middle State, New England, North Central, Northwest, Southern, and Western).
• Correspondence, CLEP credit, CPA Review courses and online courses are acceptable when you receive credit for the courses at a regionally accredited college or university. These courses must appear on an official transcript.

Residency

There is not a residency requirement for the state of Vermont.

Fees

All first-time applicants are required to pay both an application fee and an examination fee upon submission of the first-time application. All re-examination candidates are required to pay both a registration fee and an examination fee at the time of registration.