Alaska CPA Exam and License Requirements

Article byHimani Bhatt
Reviewed byDheeraj Vaidya, CFA, FRM
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Alaska CPA Exam

Alaska CPA (Certified Public Accountant) License is a state-issued legal document granting permission to practice accountancy. The state boasts of a relatively stable finance sector that weathered the COVID pandemic with ease and is likely to flourish in the coming years. So, it is the right time for CPA aspirants to meet the qualifying exam and other license requirements in Alaska to cash in on the lucrative opportunities triggered by the post-pandemic economic revival.

Alaska CPA Exam & License Requirements

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The state authorizes the Alaska Board of Public Accountancy (ABPA) to issue the CPA license to entitled professionals. The license provides the public an assurance of the highest professional competence and ethical conduct of CPAs.

Furthermore, the state observes a one-tier licensing pattern. Therefore, qualified candidates may simultaneously claim the CPA license and certificate after fulfilling the required pre-conditions. Note that Alaska also permits candidates to take the CPA ExamCPA ExamA Certified Public Accountant (CPA) is a US state board-issued license to practice the accounting professionread more at international testing centers.  

The Last Frontier is a wonderful place to bag the CPA license because of the laid-back licensure requirements. In addition, certified accountants can expect to earn an annual mean wage of $71,450, the second-highest in the country as per the U.S. Bureau of Labor Statistics (BLS). All in all, Alaska promises you a gratifying CPA career with a handsome salary and immense possibilities for professional advancement.  

Now, let’s get you everything about the Alaska CPA exam and license requirements. 

ParticularsDetails
Licensing AgencyAlaska State Board of Public Accountancy (ABPA)
Licensing Pattern1-tier
Total Licensing CostCPA Examination Cost$1137.6
Licensure Fees$500
Total Cost$1589.6
ResidencyNot required
CitizenshipNot required
Social Security NumberRequired
EducationFor ExaminationBachelor’s degree with required coursework
For License150 semester hours
ExaminationPass the CPA Exam with at least 75 points on a scale of 0-99
Experience2 years of accounting experience
EthicsPass the AICPA Ethics Exam with at least 90%

Contents

Alaska CPA Exam Requirements

Alaska CPA License Requirements

Continuing Professional Education (CPE)

Alaska Exam Information & Resources

Alaska CPA Exam Requirements

The Uniform CPA Examination is a 16-hour long online series of tests comprising four sections. Each one is 4 hours long with a passing grade of 75 points on a scale of 0-99. You have a rolling 18-month timeline to succeed in the licensure test. It starts from when you attempted the first cleared section. 

The American Institute of Certified Public Accountants (AICPA) administers the exam in partnership with the National Association of State Boards of Accountancy (NASBA). The test evaluates the preparedness and ability of a candidate to discharge duties as a CPA. 

CPA Exam sectionsTestletsMultiple-choice QuestionsTask-based SimulationsWritten Communication Tasks
Auditing & Attestation (AUD)5728
Business Environment & Concepts (BEC)56243
Financial Accounting & Regulation (FAR)5668
Regulation (REG)5768

Eligibility Requirements

Alaska exam applicants must fulfill the following requirements.

ParticularsRequirements
General RequirementsAt least 19 years of age
Good moral character
Educational RequirementsPathway 1Pathway 2Pathway 3Pathway 4
Pre-requisitesDegree & accounting concentrationDegree & AccountingDegree in progress & AccountingDegree & qualifying experience
Bachelor’s Degree (or equivalent) from a regionally authorized instituteRequiredRequiredApplicant within 18 semester hours of completing a bachelor’s degreeRequired
Accounting Hours24 semester hours15 semester hours15 semester hours
Other Coursework3 semester hours in business law
3 semester hours in economics
3 semester hours in college-level math, statistics &/or computer science
Public Accounting Experience1 year of CPA-supervised experience

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After satisfying the eligibility criteria, you must submit the CPA exam applicationCPA Exam ApplicationThe CPA application process often leaves aspirants with a lot of questions. The Certified Public Accountant (CPA) examination is a license issued by 55 states and territories in the USA. After obtaining the CPA license, you can practice as a certified financial advisor.read more, applicable fees, and documentation to CPA Examination Services (CPAES). Please refer to the NASBA portal for the complete procedure. 

Applicants with a degree and qualifying experience must submit a Verification of Supervised Work Experience Form and a Verification of Licensure for CPA Supervisor Form along with the initial application. 

You may also avail NASBA Advisory Evaluation service to detect any inadequacies in your education before the final submission. 

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Fees

First-time applicants:

ParticularsExamination FeesTotal Fees
Application Fee$185
Registration Fee
Exam sections
AUD$238.15
BEC$238.15
FAR$238.15
REG$238.15$952.6
Total Fees$952.6$1137.6

Re-examination applicants:

ParticularsExamination FeesTotal Fees
Application Fee
Registration Fee$90
Exam sections
AUD$238.15
BEC$238.15
FAR$238.15
REG$238.15$952.6
Total Fees$952.6$1042.6

You can’t request a Notice-to-Schedule (NTS) extension or withdraw from the CPA exam. However, you may request a limited examination fee reimbursement or an NTS extension in dire situations. 

Both examination and application fees are non-refundable. Thus, attempt the applied exam section(s) within the six-month NTS expiry period. 

Required Documents

Submit the following documents prior to applying for the CPA Exam.

DocumentsSubmission Authority
General Documents
Educational transcripts (May be submitted electronically)Academic Institution
Special Cases
Certificate of Enrollment FormAcademic Institution
International Evaluation ReportNASBA Internal Evaluation Services (NIES)
Translated International transcriptsAcademic Institution or NIES
Verification of Licensure for CPA Supervisor FormState Board Office
Testing Accommodations Request FormYou
Verification of Supervised Work Experience FormOffice of the licensed CPA

Foreign credit transferred to the University of Alaska may be accepted without additional international evaluation. 

Note that CPAES does not accept photocopied transcripts and considers them unofficial. Moreover, supervising CPAs licensed in Alaska need not submit the Verification of Licensure for CPA Supervisor Form. 

Alaska CPA License Requirements

To obtain the Alaska CPA License, you must:

  • Be of good moral character
  • Earn 150 semester hours
  • Score a minimum of 75 points in each of the four exam sections
  • Gain two years of relevant accounting experience
  • Pass the AICPA’s ethics exam with at least 90%

Apply for the license through the Alaska state board. Moreover, applicants without an SSN must complete and submit the Request for Exemption from SSN Requirement Form to ABPA. For more information, please check the official website. 

Ensure to attach the following documents with your application:

  • Licensure Fees
    • Initial application fee: $200
    • CPA license fee: $300
  • Official transcripts
  • Verification of experience
  • AICPA ethics exam certificate
  • Exam scores (if passed in another state)
  • License history (if previously licensed in other states)

Education Requirements

Alaska CPA licensure applicants must hold at least a baccalaureate degree (or equivalent) from a board-acceptable academic institute. Ensure to complete 150 semester hours with an accounting major or equivalent, including:

  • 24 semester (36 quarter) hours in subjects like:
    • Intermediate Accounting
    • Accounting Principles
    • Cost Accounting
    • Income Tax
    • Advanced Accounting
    • Auditing
    • Governmental Accounting
    • Accounting Theory
    • Detection of Fraud 
  • 9 semester hours (15 quarter hours) in:
    • Business Law
    • Economics
    • Statistics
    • Computer Science
    • Algebra, Calculus, or Mathematics

Please note that a board-acceptable academic institute refers to either the University of Alaska or an institute accredited by a regional accrediting organization recognized by the University of Alaska.

Alaska CPA License Educational Requirement

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Exam Requirements

CPA aspirants have a rolling 18-month period to pass the CPA Examination successfully. It constitutes four sections with a passing grade of 75 points in each. Further details are mentioned in the Alaska Exam Requirements section. 

Experience Requirements

Candidates must gain two years of accounting experience deemed satisfactory to the board. In addition, an active CPA must verify the required employment. Note that one year of work experience (full-time or part-time) must include at least 2000 hours earned within the 1–4 years. 

Here is the list of acceptable areas and services. 

Acceptable AreasAcceptable Services
IndustryAccounting
GovernmentAttest
Public PracticeCompilation
AcademiaManagement Advisory
Financial Advisory
Tax, or
Consulting Skills & related training

Ethics Requirements

You must complete the AICPA ethics course and pass the exam with a score of at least 90%. Candidates who completed a substantially equivalent ethics examination from another licensing state don’t have to sit for this exam. 

Let’s view all the details here. 

ParticularsRequirements
Course TitleProfessional Ethics: AICPA’s Comprehensive Course (For Licensure)
Exam FormatSelf-study
Course VendorAICPA
Passing ScoreA minimum of 90%
Question TypeMCQs
Exam ModeOnline
Exam FeeAICPA Members$189
Non-AICPA Members$245
Passing Score90%
Availability1 year
Course ContentIndependence Requirements
Conceptual Framework
Integrity, Objectivity, & Professional Conduct
Ethics
AICPA Code of Professional Conduct
Ethics Interpretations
Activities Dishonoring the Profession

Continuing Professional Education (CPE)

Alaska CPA titleholders must renew their licenses with 80 CPE credit hours every two years. The state accepts the CPE program credits offered by National Registry Sponsors. 

Here is everything you must know about Alaska CPE Requirements. 

Particulars Details
Renewal Date of License December 31 (odd years)
Reporting Period for CPE January 1-December 31 (Biennially) concluding on odd years
General CPE Requirement 80 hours
Minimum 20 hours annually
Ethics Requirement 4 hours
Credit Calculation Instruction Credit = Presentation + Preparation (maximum 2 times presentation)
Repeat instruction is allowed only if the material is substantially challenged
University/College Credit Courses 1 semester hour = 15 CPE hours
1 quarter hour = 10 CPE hours
Non-credit Courses 1 classroom hour = 1 qualifying hour
Credit Limitations Other Organizations’ Programs Maximum 16 hours
Instruction Maximum 30 hours
Published Material Maximum 20 hours for authorship
Other State Policies Grace Period   Licensees with 80 CPE hours but who have not met the 20-hour annual requirement must earn 8 extra CPE hours before or within 180 days after license renewal
The extra 8 hours may not be used to fulfill the CPE requirements for subsequent license renewal
 

Alaska has a well-structured tax system with no individual income or state sales tax. As a result, the state secured a third position in the Tax Foundation’s 2021 State Business Tax Climate Index. It certainly proves the tax-friendliness of the state.

Also, the U.S. BLS lists Alaska’s nonmetropolitan areas among the top-paying places for accountants and auditors. Hence, Alaska is the ideal pick for candidates eyeing decent pay and a pro-tax environment.

Besides, to become an Alaska CPA, you don’t have to reside in the state. Therefore, it gives foreign applicants a perfect opportunity to gain the title from anywhere globally. In a nutshell, the state permits you to pursue the profession without any extra baggage. 

For the latest updates on the CPA exam and license requirements, keep checking the Alaska state board website. We wish you all the best on this extraordinary professional journey of yours! Learn more about CPE Credits for CPAsCPE Credits For CPAsAs a Certified Public Accountant (CPA), you need to acquire Continuing Professional Education or CPE credits for sustaining your license. This ensures that you are actively involved in improving your know-how of the profession by engaging in learning activities.read more

Alaska Exam Information & Resources

1. Alaska Board of Public Accountancy (https://www.commerce.alaska.gov/web/cbpl/ProfessionalLicensing/BoardofPublicAccountancy.aspx)
Anchorage

Mailing/Physical Address

550 West 7th Avenue, Suite 1500
Anchorage, AK 99501
[email protected]
Fax:(907) 269-8156

Juneau

Mailing Address

P.O. Box 110806
Juneau, AK 99811-0806

Physical Address

333 Willoughby AVE, 9th FL
State Office Building
Juneau, AK 99801-1770

Phone: (907) 465-2550
Fax: (907) 465-2974

2. Alaska Society of CPAs (https://www.akcpa.org/)

2600 Cordova Street, Suite 211 Anchorage, Alaska 99503

Phone:907-562-4334 or 1-800-478-4334

Fax: 907-562-4025

Email: [email protected]

3. NASBA (https://nasba.org/)

150 Fourth Ave. North

Suite 700

Nashville, TN 37219-2417

Tel: 615-880-4200

Fax: 615-880-4290

4. AICPA (https://www.aicpa.org/)

220 Leigh Farm Road

Durham, NC 27707-8110

Fax server: 800.362.5066

Phone number: 888.777.7077

This article is a guide to Alaska CPA Exam & License Requirements. We discuss Alaska CPA requirements, Alaska CPA Exam, fees, eligibility, and criteria. You may also have a look at the below articles to compare CPA with other examinations –