Wisconsin has recently changed rules and now allows those with 120 credit hours to sit for the CPA exam. Candidates still need 150 credit hours to obtain the license.
The working experience is also pretty standard with 1 year of accounting experience but you will need to take an ethics exam offered by Wisconsin State Board. To get the license, your experience needs to be verified but unlike most other states the verifier does NOT need to be a US CPA.
Wisconsin CPA Requirements
1. Education Requirements to Sit for the CPA Exam in WI
Candidates should fulfill 150 120 credit hours and ONE of the following:
(a) Graduate degree in accounting
You are automatically qualified.
(b) Graduate degree in business
Accounting courses:
24 semester hours in undergraduate financial accounting, auditing, taxation, and management accounting; OR
15 semester hours in graduate financial accounting, auditing, taxation, and management accounting; OR
Equivalent combination.
(c) Undergraduate degree in accounting
24 semester hours in undergraduate financial accounting, auditing, taxation, and management accounting.
24 semester hours in business courses.
(d) Undergraduate degree in business or accounting concentration
24 semester hours in undergraduate financial accounting, auditing, taxation, and management accounting.
24 semester hours in business courses.
In accounting, the courses covering the subjects of financial accounting, auditing, taxation, and management accounting would normally be all courses taken beyond the introduction level.
Special note:
May sit 60 days prior to meeting educational requirements. (not sure if this is still valid after the recent change)
Non-US candidates must earn credit for one course each of income taxation and business law from a four-year U.S. institution with regional accreditation.
2. Additional Wisconsin CPA Requirements to get the License
Education
Fulfill the 150 credit hour requirement.
Experience
1 year of accounting experience. Public accounting experience and equivalent experience will be evaluated by the board. Applicants can read the Position Statements on the CPA page on the department’s website for a list of experience equivalent to public accounting.
Part-time employment can be counted, but full-time employment is normally given the most weight.
Experience will be counted only after completion of the education requirement.
Verifier does not need to be a US CPA or equivalent
*Launched in Apr 2016* The NASBA Experience Verification service is now available to those who do not have access to an active U.S. CPA for verification.
Ethics Qualifications
Pass the Wisconsin ethics exam. It is an online exam and you need 80% or above to pass.
3. Wisconsin CPA Requirements on Residency & Age
US citizenship not required.
Wisconsin residency not required.
Minimum age: 18.
Social Security Number (SSN) requirements: not required to sit for the exam; for licensure, SSN is required if the individual has one. If the person does not have a SSN, there is a form on the department website (# 1051) that can be filled out and submitted with the application.
4. Fees
Education Evaluation Application Fee: $90.00
Exam Section Application Fee: $397.80
5. Continuing Education
CPE is required for license holders. Please click here for Wisconsin CPA CPE requirements.
I am the author of How to Pass The CPA Exam (published by Wiley), and I also passed all 4 sections of the CPA Exam on my first try.
Additionally, I have led webinars, such as for the Institute of Management Accountants, authored featured articles on websites like Going Concern and AccountingWeb, and I'm also the CFO for the charity New Sight.
Finally, I have created other accounting certification websites to help mentor non-CPA candidates. I have already mentored thousands of CPA, CMA, CIA, EA, and CFA candidates, and I can help you too!