US CPA Fees Details 2024
The cost of taking the CPA US Exam can vary significantly depending on the state where you are applying. Here are the typical fees you can expect for the CPA Exam in 2024, along with some specific examples to illustrate the range:
Typical CPA Exam Fees
Application Fee:
This is a one-time fee you pay when you first apply to take the CPA Exam in a particular state.
Range: $50 to $200
Examination Fees:
You pay this fee for each section of the CPA US Exam you schedule.
Range per Section: $200 to $250
Total for Four Sections: $800 to $1,000
Registration Fees:
These fees apply each time you register for one or more sections of the exam. Some states charge a flat fee, while others have a tiered system based on the number of sections you register for at one time.
Range:
1 section: $75 to $100
2 sections: $90 to $120
3 sections: $105 to $150
4 sections: $120 to $200
Re-examination Fees:
If you need to retake a section, you will have to pay the examination fee again, and possibly a registration fee.
International Testing Fees:
If you are taking the CPA US Exam outside the U.S., there are additional fees.
Additional Fee: $150 per section
Example of CPA Exam Fees by State
To give you a more concrete idea, here are examples from three states:
California
Application Fee: $100
Examination Fees: $238.15 per section
Registration Fees:
1 section: $100
2 sections: $120
3 sections: $140
4 sections: $160
New York
Application Fee: $150
Examination Fees: $226.15 per section
Registration Fees:
1 section: $75
2 sections: $90
3 sections: $105
4 sections: $120
Texas
Application Fee: $50
Examination Fees: $238.15 per section
Registration Fees:
1 section: $85
2 sections: $120
3 sections: $150
4 sections: $180
Additional Costs to Consider
CPA Review Courses:
Many candidates choose to invest in CPA US review courses to increase their chances of passing the exam.
Cost: $1,000 to $3,000
Study Materials:
Books, flashcards, and other study aids.
Cost: $100 to $500
Licensing Fees:
After passing the CPA US Exam, you’ll need to pay for your initial CPA US license.
Range: $50 to $300
Continuing Professional Education (CPE):
Required to maintain your CPA license.
Annual Cost: Varies widely but generally $300 to $1,000
Summary of Costs
For a typical candidate, the total cost of becoming a CPA US can range from $3,000 to $5,000, including exam fees, review courses, study materials, and initial licensing fees. It is important to check with your specific state board for the most accurate and up-to-date information. Extra costs can be incurred for taking online/offline coaching classes.
Tips to Manage Costs
Plan Your Exams Carefully:
Try to pass each section on the first attempt to avoid re-examination fees.
Take Advantage of Discounts:
Some review courses offer discounts for early registration or package deals.
Check for Employer Support:
Some employers offer financial assistance for CPA US Exam fees and review courses.
Budget Accordingly:
Be aware of all potential costs upfront to manage your finances effectively.
By understanding the fee structure and planning, you can manage the costs associated with becoming a CPA US in 2024.
For Further Information/Assistance, Contact Us.
Additionally, we invite you to explore our other blogs covering various topics related to the US CPA:
What is US CPA ? Why and How to become a US CPA
How Effective is CPA US in India without CA?
How an Indian Student can pursue US CPA?