Are you ready to begin your career as a licensed certified public accountant CPA by the association of state boards, but aren’t quite sure what you’ll need to do to make it happen? Policy on this shifts from state to state, but here's info for all the steps you’ll have to take before becoming a CPA and take the state boards of accountancy.

To become a CPA (Certified Public Accountant), you need to obtain a degree and complete 150 credit hours. After you complete your education, you will need to take the CPA exam to become a certified public accountant cpa. When you pass your state boards of accountancy CPA exam in your state you will become a certified public accountant. Becoming a CPA is challenging but rewarding.

Education Prerequisites

Prior to taking your CPA exam and becoming a certified public accountant, you’ll need to satisfy the educational requirements set by the Indiana Board of Accountancy. Before sitting for the Uniform CPA test, potential candidates must obtain a Bachelor’s degree (at minimum), though you can choose to first obtain an associate degree, which will help you by answering any questions you have about the profession, letting you complete a degree before continuing to learn at a higher level, and giving you additional chances for work experience. Students must also complete 150 credit hours at a college or university accredited by The Higher Learning Commission. Always check for accreditation. If you are taking online courses at a school from out of state in the U.S., note that it should be accredited by one of the following organizations:

  • Southern Association of Colleges and Schools--Commission on Colleges
  • Middle States Association of Colleges and Schools
  • Northwest Commission on Colleges and Universities
  • New England Association of Schools and Colleges-Commission on Institutions of Higher Education
  • Western Association of Schools and Colleges-Commission for Senior Colleges

Indiana requires CPA candidates to obtain their credit requirements in one of two ways.

Hold a graduate/master's degree with the following requirements met:

24 credit hours logged in undergraduate accounting courses OR 15 credit hours in a graduate accounting courses, including:

  • Taxation
  • Financial accounting
  • Consulting
  • Managerial accounting

24 credit hours logged in an undergraduate or graduate business or economics program, with general content including:

  • 6 credit hours or fewer in business and tax law
  • 6 credit hours or fewer in technology or computer science

Hold a bachelor’s degree with the following requirements met:

24 credit hours logged in undergraduate or graduate accounting courses that center on:

  • Taxation
  • Financial accounting
  • Consulting
  • Managerial accounting

24 credit hours logged in undergraduate or graduate accounting courses in which you'll study:

  • 6 credit hours or fewer in business and tax law
  • 6 credit hours or fewer in computer science

For the second option, credits obtained in a two year programs, online courses, and correspondence courses are acceptable as long as they come from an accredited college or university.

Campus and Online Degree Options in Indiana


Associate Degree

A two-year degree is a perfect foundation for getting into the world of business and accounting. You'll be able to land an entry-level position and then make an informed decision as to your next academic degree. Learn More


Bachelor’s Degree

A four-year degree in accounting will qualify you for a well-paid, entry-level position and you will also be able to sit for the CPA examination and be eligible to become a certified public accountant in Indiana. Learn More


Master’s Degree

A graduate degree that focuses on accounting is often what you need to land that corner office on the executive floor. Learn More


Doctorate or PhD

This degree is perfect if you want to pursue in-depth research into accounting and perhaps work as a college professor. Firms of all sorts love to boast a doctoral-level professional on their team. Learn More


Online Degree Programs

Though you can pursue an online accounting degree at any level, they are more prevalent at the graduate level. Learn More

Sitting For Your CPA Exam


After you’ve completed your education experience requirements, the next steps will depend on each candidate’s individual situation.

Download an exam application or register online on the CPA Examination Services (CPAES) website.

If you’re still enrolled in college:

  • Request a copy of your transcript for submission to the National Association of State Boards of accountancy, including the completion of a bachelor’s degree and number of credit hours - This will show that you covered every requirement
  • Ask for a Certificate of Enrollment from the registrar’s office, fill out the top section, and return to university personnel to complete and send to the Board
  • Submit the $150 application fee
  • Submit an ADA Accommodation Form if you require any special disability accommodations

If you’re no longer enrolled in college, you'll still need to prove you've completed all exam requirements:

  • Request a copy of your transcript for submission to the Board
  • Submit the $150 application fee
  • Submit an ADA Accommodation Form if you require any special disability accommodations

All correspondence, including applications and supplemental documents, should be sent to: CPA Examination Service, Indiana Coordinator, P.O. Box 198469, Nashville, TN 37219-8469.

Wait to receive your Notice to Schedule to arrive. Once you have that, you may schedule the date you will sit for whichever sections of the exam you choose.

Use the Prometric website to schedule your CPA exam. You can take the exam in one of the following locations:

  • Evansville
  • Merrillville
  • Mishawaka
  • Terre Haute
  • Lafayette
  • Indianapolis

Be sure to arrive at your exam site a bit before the scheduled time, prepared and punctual, in order to get through security. You can expect to receive your scores within a few weeks of testing.

Required Work Experience


The last of the requirements CPA candidates must meet is that, before you can be licensed, you must first gain working experience and practice as a CPA. Acceptable experience must include the following:

Complete two years of full-time work experience. This can be done in one of the following staff positions:

  • Accounting staff member or intern at a public accounting firm
  • Accounting or financial staff member for a government, industry, or non-profit group
  • Consultant or advisor for operational, accounting, or financial matters
  • Staff instructor at a university or high school, either public or private

Multiple types of valid experience may be combined for a total of 24 months, with the exception of clerical positions held in an accounting or financial office. Any part-time employment must be converted into full-time hours for the sake of accurately calculating experience.

During this time, you will review CPA tasks and work under strict supervision. You'll focus on attestation, audit, providing financial advice, and general reports. You may work at an international corporation, but your CPA supervisor must be approved.

Your supervising CPA must complete the Verification of Experience form, which must be notarized and submitted to the Board. Give your manager a stamped envelope addressed to: Indiana State Board of Accountancy, Professional Licensing Agency, 402 West Washington Street, Room W072, Indianapolis, IN 46204. You should not try to send by email.

Getting Your CPA Licensure


Once you’ve completed the education, examination, and experience pieces of the process, you can go ahead and apply for your Indiana CPA license.

Make sure all of the following have been completed before you begin your application:

  • Completed 150 credit hours and a bachelor’s degree (at minimum)
  • Submitted an official transcript to CPAES
  • Take and pass the CPA exam
  • Find and complete two years of relevant employment (verified by a supervising CPA)

Fill out parts I and II of the Indiana State Accountancy Application after confirming that your transcript and employment verification have been submitted.

Send your application, supplemental documents, and application fees to Indiana State Board of Accountancy, Professional Licensing Agency, 402 West Washington Street, Room W072, Indianapolis, IN 46204.

Maintaining Your CPA License


With evolving regulations and practices, it’s vital for CPAs to keep their knowledge up to date with continued professional education (CPE). You’ll need to complete the following to remain eligible for license renewal.

Every three years, CPAs must complete 120 hours of CPE under the following terms:

  • Each year, you must complete at least 20 hours of CPE
  • 10 percent of your total hours must be from accounting or auditing classes
  • Once students obtain the proper amount of accounting experience, they are required to take four CPE semester hours in an accounting ethics class. Indiana does not require an ethics exam for passing the CPA certification.
  • One hour of CPE is the equivalent of 50 minutes of class time
  • No more than 50 percent of your CPE hours can be obtained through self-study

You can accumulate CPE hours by holding discussions or lectures, self-study (with verification), or attending graduate school courses.

Make sure to document and keep records of the hours you’re eligible to receive for credit. Keep track of the following:

  • Dates of course attendance
  • Class locations and sponsorship
  • Hours spent on class materials
  • Certificate of course completion

It may be worthwhile to consider joining the Indiana CPA Society. You’ll stay in the loop when new rules and regulations hit the accounting and finance industries, and do plenty of networking along the way.

Accountant Career Concentrations & Salaries in Indiana


Forensic Accounting

This field focuses on auditing in the pursuit of rooting out fraud, embezzlement, or an inappropriate use of funds. This is a great option for those who like solving difficult problems and working as a detective, though with spreadsheets, debits, and credits. Forensic accountants work alongside law enforcement and attorneys, though some are employed by corporations to perform ordinary audits. Learn More


Managerial Accounting

This specialty focus is increasingly in demand as firms seek to improve their efficiency and thus their bottom line. This field focuses on audits that are highly individualized to the needs of the employer or client. The results of these audits are kept in-house and aren't reported on any public documents. Learn More



Most of us think of accountants only in the context of tax time. This specialty is quite demanding, however, as tax specialists must continually update their knowledge to reflect current changes to the state and federal tax code. Taxation accountants work with anyone from large corporations to individuals with complex tax returns. Learn More


Public Accountancy

This is a focus that is also rather broad. However, students who focus on matters related to public accountancy: taxation, audits, consultancy, forecasting, and more. This sort of academic background will surely come in handy when it comes time to sit for the CPA examination. Learn More

Accountants in the Hoosier State earn an annual mean wage of $66,000 which, according to the BLS, is in line with the national average. However, you can earn quite a bit more than that depending on your specialty or specific location. For instance, if you specialize in forensic accounting and live in Fort Wayne, you may be able to earn up to $90,315 a year. If you're a controller working in a large Fort Wayne financial services company, your salary might range between $122,715 and $156,330. At the very upper tier, are Indianapolis-area CFOs, who earn up to $258,500. With a projected growth rate of 12% between 2012 and 2022, Indiana is a great place for your accountancy career.

City Annual Median Wage
Indianapolis-Carmel $66,000
Kokomo $47,500
Fort Wayne $50,000
Gary $56,300
Muncie $53,500
Entry Level Mid Career Late Career
$48,700 $50,500 $51,800
  • Indiana Average Cost Estimator Salary: $50,000
  • Indiana Average Auditor Salary: $50,300
  • Indiana Average Budget Analyst Salary: $53,900
  • Indiana Average Credit Analyst Salary: $50,000
  • Indiana Average Financial Analyst Salary: $58,500
  • Indiana Average Personal Financial Advisor Salary: $50,400
  • Indiana Average Financial Examiner Salary: -
  • Indiana Average Tax Examiner, Collector, or Revenue Agent Salary: -
  • Indiana Average Tax Preparer Salary: -
  • Indiana Average Actuary Salary: $68,300
  • Indiana Average Forensic Science Technician Salary: -
  • Indiana Average Payroll and Timekeeping Clerk Salary: $45,300

Indiana Accounting Frequently Asked Questions


Do Indiana state colleges and universities offer online Accounting degrees?

Yes, there are in-state Indiana colleges and universities that offer degrees in accountancy. There are options at all levels, including a bachelor's degree. You can pursue a Master of Science or an MBA with an Accounting concentration. In fact, the online option opens up worldwide possibilities for your online accounting degree.


How many accounting professionals are there in Indiana?

According to the Bureau of Labor Statistics, there are over 20,000 workers who work under the description Accountants and Auditors. There are slightly more, 27,000, who work as accountants, bookkeepers, and auditing clerks. Indiana has a rather diverse economy with much to offer an accounting professional.


How much do accounting professionals earn in Indiana?

According to the BLS, the 27,000 accountants, bookkeepers, and auditing clerks earn an average annual wage of $40,000. Meanwhile, accountants and auditors earn an average base salary of $72,000. Many of these professionals, especially those with advanced degrees and credentials, see their earnings boosted with bonuses and other benefits.


What sort of degree do I need to sit for the CPA examination in Indiana?

To attain a CPA license in Indiana, you will need a total of 150 credit hours that include a bachelor’s degree. Of those hours, 24 of them must be in undergraduate accounting classes. You can also satisfy the state experience requirements with 15 hours of graduate work in accounting.

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