How to Become a CPA in Kansas

For those wanting to become a Certified Public Accountant in Kansas, it should be known that the state economy plays a big role in every aspect of the job. In 2017, the population of Kansas was 2,913,123, placing its population rank at 35th in the nation. Of these nearly 3 million people, the average salary in the state was $48,559, very close to the national average.

As is true in most states in the country, the industry that earned in the most money in 2017 was the finance, insurance, and real estate industry, bringing in a whopping $27.7 billion. Jobs in this category include all jobs in real estate and various insurance niches, as well as financial planners, financial and budget analysts, actuaries, attornies and yes, accountants. Kansas is known for exporting manufactured items like aircraft parts, and large equipment and machinery. Agriculture is also a huge business in the Sunflower State, producing the country’s wheat, beef, soy, corn and dog and cat food. These together were 50% of all the exports of Kansas in total.

The state of Kansas was named for the Kansa tribe that inhabited the region before it was colonized. Europeans settled in Kansas in 1812, though in the 1850s people started to flock to the territory during upheaval over the slavery debate. After much unrest, Kansas walked into the union as a free state in 1861, and following the Civil War, their population had a major increase. The biggest city in this midwestern state is Wichita, and the capital city is Topeka. They have a few nicknames, but the official one is “The Sunflower State,” the others include: “The Free State,” and “The Wheat State.” Their Latin motto: Ad Astra per Aspera translated to English means: “To the Stars Through Difficulties.” The famous song “Home on the Range,” happens to belong to this state. Another bit of Kansas trivia is that in 2015 they were considered one of the most agriculturally productive states due to their production of corn, sorghum, soybeans, and wheat. For CPAs in Kansas, these multi-million dollar agricultural enterprises should inspire a lucrative career as a Certified Management Accountant. Or maybe it is the

Kansas Accounting Programs

To show an exemplary commitment to excellence in business and accounting, university schools of business and accounting often seek accreditation through an outside company or organization. The Association to Advance Collegiate Schools of Business is the most commonly recognized accrediting body for business in the United States and Internationally. They encourage and assist with all of the proven devices for success in business and accounting education, including professional networking, up to date technology like digital accoutning tools, professionally engaged faculty, and innovative practices. Schools must renew their accreditation every five academic years. At initial accreditation as well as renewal, there are 15 standards of business education that must be met and 6 more that pertain specifically to accounting. The AACSB has made itself relevant across the globe and operates most heavily in North America, East, and Southeast Asia, and in Europe. They have been around since 1916 and began applying their standards of business education three years after that.

The schools in Kansas that are AACSB accredited include the Wichita State University W. Frank Barton School of Business, the Kansas State University School of Business Administration, and the University of Kansas School of Business. Wichita State is located in Wichita and is a public research university. They offer undergraduate accounting degrees, as well as master’s degrees, both full and part-time. The bachelor’s in accounting can be taken at nights and weekends or via distance education. The 53 faculty members who are employed full time and 77 % of these have terminal degrees in business. Kansas State University School of Business Administration is located in Manhattan, KS, and is located in a public university. They offer bachelor’s and master’s degrees in accounting. The 67 faculty at Kansas State have 42 terminal degrees in business or accounting. The University of Kansas School of Business is also in a large public research university. It is located in Lawrence, KS, and offers bachelor’s and master’s degrees in accounting, and a doctorate in general business.

Steps to Becoming a Kansas Accountant

In the state of Kansas, there is no age requirement to become a licensed CPA. There is also no citizenship requirement, meaning international students have equal footing when trying to achieve this specialized career path. There is a residency requirement, and subsequently, students must have a social security number. A bachelor’s degree, which requires 150 credit hours is necessary to qualify to sit for the CPA exam. Students are also required to engage in a minimum of one year of accounting experience to qualify, which can include within the area of government accounting, public practice, academia, or industry. The state of Kansas requires students to pass the AICPA Professional Ethics Exam in order to apply for licensure.

Kansas CPAs and Post Licensure Requirements

In the State of Kansas as a CPA, you must participate in 80 hours of CPE training per every two years, with 16 minimum hours per year for licensed municipal public accountants. CPAs have to renew their license biennially; for even numbers, it’s even years, and odd numbers, odd years. June 30 is always the renewal date, which is similar to other states requirements. The reporting period for CPE is July first to June first biennially on the basis of the certificate number, similar to the renewal date, it is on the basis of even or odd numbers. There is a specific ethics requirement that includes two hours of ethics related coursework that is specific to public accountancy practices. If the CPA is a licensed municipal public accountant, they are required to annually participate in 8 hours of coursework that is specific to auditing and municipal accounting.

There are some credit limitations to be mindful of including the fact that each CPE program that is group internet-based must be delivered by sponsors that are authorized by the NASBA National Registry, a state society, or the AICPA. There is also a maximum of 50 percent instruction. Personal Development Courses can only be made up of a total of 30 percent. Self Study Programs can be an option, however, they must be delivered from sponsors who are approved by NASBA’s QAS program, the AICPA, a National Registry, or a state society. CPAs can get credit for teaching accounting at the university, which is equal to both the preparation and the presentation. The preparation hours are cut off at two times the amount of time as the instruction. If the instruction is repeated is will only be considered if the course materials have dramatic changes. If as a CPA you choose to return to school for a master’s degree or graduate certificate program in an area of accounting, one semester of college or university equals 15 CPE hours. For every classroom hour, students will get credit for one qualifying hour. There is a carryover option for CPAs in Kansas, meaning if you earn more than the required hours in a year, you can apply some of those to the following CPE earning period. The limitation to this is 20 hours beyond the 80-hour requirement which can be carried into the next reporting period. It is important to note that carryover hours will not be accepted for the professional ethics requirement.