Alaska’s unique economy—driven by oil and gas, fishing, tourism, and government sectors—creates distinctive opportunities for accounting professionals. Whether you’re navigating remote work options from Anchorage or considering online education from rural communities, this comprehensive guide covers everything you need to launch your accounting career in the Last Frontier.
From understanding Alaska’s specific CPA requirements to comparing educational pathways and exploring lucrative opportunities with Native corporations, we’ll help you make informed decisions about your accounting education and career path in Alaska.
Why Choose an Accounting Career in Alaska?
Alaska offers accounting professionals unique advantages that set it apart from other states. The state’s economy relies heavily on specialized industries that require skilled financial professionals, creating consistent demand and competitive salaries.
Key Benefits for Alaska Accountants:
- No State Income Tax: Keep more of your earnings with Alaska’s tax-friendly structure
- Permanent Fund Dividend: Annual payments to residents provide additional income
- Industry Specialization: Opportunities in oil/gas, fishing, and Native corporation accounting
- Remote Work Flexibility: Many firms now offer hybrid options, perfect for Alaska’s geography
- Higher Salaries: Compensation often includes cost-of-living adjustments
According to the Bureau of Labor Statistics, Alaska accountants earn a median annual salary of $78,280, with experienced professionals in specialized industries earning significantly more. The state’s unique economic structure, including its resource-based industries and Native corporations, creates diverse career paths not found elsewhere.
Featured Alaska Accounting Schools & Programs
Alaska’s accounting education landscape includes both in-state and online options designed to meet the needs of residents across this vast state. Here are the primary pathways to earning your accounting degree:
University of Alaska System
The University of Alaska system provides the state’s primary option for in-state accounting education, with campuses strategically located to serve different regions:
University of Alaska Anchorage (UAA)
- Program: Bachelor of Business Administration in Accounting
- AACSB Accredited: Yes – ensuring quality education standards
- Location: Anchorage (serving Southcentral Alaska)
- Format: On-campus and hybrid options
- Special Features: CPA exam preparation track, internships with local firms
University of Alaska Fairbanks (UAF)
- Program: Bachelor of Business Administration with Accounting emphasis
- Location: Fairbanks (serving Interior and Northern Alaska)
- Format: On-campus and distance delivery
- Special Features: Arctic-specific business courses, government accounting focus
University of Alaska Southeast (UAS)
- Program: Business Administration with accounting courses
- Location: Juneau (serving Southeast Alaska)
- Format: Primarily online with some on-campus components
- Special Features: Government accounting emphasis due to capital location
Online Accounting Programs for Alaska Residents
Given Alaska’s geographic challenges, online programs have become increasingly popular. Many Alaska students choose accredited online programs that offer:
- Flexibility for working professionals
- No relocation requirements
- Access to specialized programs not available in-state
- Often more affordable than relocating out of state
Popular online options include AACSB-accredited online accounting programs from schools like Southern New Hampshire University, Arizona State University, and Liberty University, all of which accept Alaska residents and offer military discounts.
Alaska CPA Requirements: Complete 2025 Guide
The Alaska State Board of Public Accountancy oversees CPA licensure in the state. Alaska follows the three E’s model (Education, Examination, Experience) with specific requirements tailored to the state’s needs.
Education Requirements
To sit for the CPA exam in Alaska, you need:
CPA Exam Process in Alaska
- Apply through CPA Central: Alaska uses the centralized application system
- Meet education requirements: 120 credit hours to sit for exam
- Pass all four sections: Within 18-month window
- Testing locations: Anchorage and Seattle (many Alaskans travel to Washington)
Experience Requirements
Alaska requires two years of public accounting experience or four years of non-public accounting experience under a licensed CPA’s supervision. The experience must include:
- Preparation of financial statements
- Audit or review services
- Tax preparation and consultation
- Management advisory services
Important: Alaska allows experience gained before passing the CPA exam to count toward the requirement, providing flexibility for working professionals.
Steps to Become a CPA in Alaska
Follow this comprehensive roadmap to earn your CPA license in Alaska:
Step 1: Complete Your Education
- Earn a bachelor’s degree in accounting or related field
- Complete 24 credit hours in accounting subjects
- Complete 24 credit hours in business subjects
- Plan for 150 total credit hours (consider a master’s degree)
Step 2: Gain Relevant Experience
- Start with internships during college
- Seek entry-level positions in public accounting firms
- Consider government positions for varied experience
- Document all experience for board submission
Step 3: Apply for the CPA Exam
- Submit an application through CPA Central
- Pay application and examination fees
- Receive Notice to Schedule (NTS)
- Schedule exam sections strategically
Step 4: Pass the CPA Exam
- Study 300-400 hours total
- Consider CPA review courses
- Take advantage of Alaska’s 18-month window
- Plan travel to testing centers in advance
Step 5: Complete Experience Requirements
- Work under a licensed CPA’s supervision
- Gain diverse accounting experience
- Document 2 years public or 4 years non-public experience
- Submit verification forms from supervisors
Step 6: Apply for Alaska CPA License
- Submit license application to Alaska Board
- Provide official transcripts
- Submit experience verification
- Pass the ethics exam if required
- Pay licensing fees
Alaska Accounting Career Paths & Opportunities
Alaska’s economy creates unique career opportunities for accountants across various sectors:
Oil & Gas Accounting
Alaska’s oil industry requires specialized accountants familiar with:
- Joint venture accounting
- Revenue sharing calculations
- Royalty accounting
- Environmental compliance reporting
Government Accounting
With federal, state, and local government presence, opportunities include:
- State of Alaska positions in Juneau
- Federal positions with military and agencies
- Municipal finance departments
- Alaska Permanent Fund Corporation
Native Corporation Accounting
Alaska’s Native corporations offer unique opportunities:
- ANCSA corporation finance departments
- Tribal government accounting
- 8(a) contracting compliance
- Shareholder distribution accounting
Public Accounting Firms
Major firms with Alaska presence include:
- KPMG (Anchorage office)
- BDO (Anchorage office)
- Regional firms: Altman Rogers & Co., Mikunda Cottrell
- Local firms serving small businesses
Alaska Accounting Salaries by City and Industry
Accounting salaries in Alaska reflect both the state’s higher cost of living and the specialized nature of many positions. Here’s what you can expect to earn:
Statewide Salary Overview
Salaries by Major Alaska Cities
Industry-Specific Salaries
May 2024 Bureau of Labor Statistics salary data for Accountants and Auditors reflect state and national data, not school-specific information. Conditions in your area may vary. Data accessed June 2025.
Financial Aid for Alaska Accounting Students
Alaska offers several unique financial aid opportunities for residents pursuing accounting degrees:
Alaska-Specific Programs
- Alaska Performance Scholarship: Up to $4,755 per year for qualifying Alaska high school graduates
- Alaska Education Grant: Need-based grant up to $4,000 annually
- UA Scholars Program: Full tuition for top Alaska high school students
- Alaska Native Scholarships: Various programs through Native corporations and organizations
Professional Organization Scholarships
- Alaska Society of CPAs Educational Foundation Scholarships
- Government Finance Officers Association of Alaska awards
- Individual Native corporation education programs
For more information on financial aid options, visit our accounting scholarships guide.
Online vs. On-Campus: Best Options for Alaska Students
Choosing between online and on-campus education in Alaska requires considering unique factors:
Online Education Advantages in Alaska
- Geographic flexibility: No need to relocate from remote communities
- Weather independence: Continue studies regardless of conditions
- Work compatibility: Maintain employment while studying
- Program variety: Access to specialized programs not offered in-state
- Cost savings: Avoid relocation and commuting expenses
On-Campus Benefits
- Networking: Direct connections with Alaska employers
- Local focus: Curriculum tailored to Alaska business environment
- Face-to-face support: In-person tutoring and career services
- Campus resources: Libraries, computer labs, study groups
Hybrid Approach
Many Alaska students find success with a hybrid approach:
- Complete general education requirements online or at community colleges
- Transfer to UAA or UAF for accounting-specific courses
- Utilize online courses during busy work seasons
- Attend on-campus for networking and career events
Technology and Infrastructure Considerations
Alaska’s unique geography creates special considerations for accounting students:
Internet Connectivity
- Urban areas: Generally reliable broadband available
- Rural communities: May rely on satellite internet; plan for potential delays
- Download course materials: When you have good connectivity
- Have backup plans: For assignment submissions and exam periods
Software Requirements
Most accounting programs require:
- Microsoft Excel (advanced functions)
- QuickBooks or similar accounting software
- Tax preparation software access
- Reliable computer meeting program specifications
Continuing Education and Career Development
Alaska CPAs must complete continuing professional education (CPE) to maintain their licenses:
Alaska CPE Requirements
- Hours required: 80 hours every two years
- Ethics requirement: 4 hours of ethics every two years
- Acceptable formats: Live, self-study, online courses
- Reporting period: Biennial by birth month
CPE Providers in Alaska
- Alaska Society of CPAs seminars and webinars
- University of Alaska professional development courses
- National online CPE providers
- Industry-specific training (oil/gas, government)
Frequently Asked Questions
Can I become a CPA in Alaska with an online accounting degree?
Yes, Alaska accepts degrees from regionally accredited online programs. Ensure your program meets the state’s specific credit hour requirements: 24 hours in accounting and 24 hours in business courses. Many successful Alaska CPAs have earned their degrees through online programs, especially those living in remote areas.
How long does it take to become a CPA in Alaska?
Typically 5-7 years total: 4 years for a bachelor’s degree, 1-2 years to complete 150 credit hours (often through a master’s program), plus 2 years of qualifying experience. You can take the CPA exam after earning 120 credit hours, allowing you to work on the exam while completing your final 30 hours.
What’s the job outlook for accountants in Alaska?
The job outlook remains positive, with consistent demand across government, oil/gas, and Native corporation sectors. Alaska’s aging workforce creates opportunities as many CPAs approach retirement. The state’s unique industries and remote work options also attract outside talent, maintaining competitive salaries.
Do I need to live in Alaska to become an Alaska CPA?
No, Alaska doesn’t have a residency requirement for CPA licensure. However, you must meet all education, examination, and experience requirements set by the Alaska State Board of Public Accountancy. Many accountants obtain their Alaska CPA license while working remotely for Alaska-based companies.
What’s unique about practicing accounting in Alaska?
Alaska accountants often work with industries not found in other states, including oil/gas revenue sharing, Permanent Fund dividends, Native corporation distributions, and Arctic-specific regulations. The state’s tax structure (no state income tax or sales tax) also creates unique planning opportunities for businesses and individuals.
Are Alaska accounting salaries worth the higher cost of living?
Generally yes. While Alaska’s cost of living is 28-34% higher than the national average, accounting salaries typically include cost-of-living adjustments. Additional benefits like the Permanent Fund dividend, no state income tax, and unique career opportunities often offset higher living costs. Many positions also offer relocation assistance and remote work options.
Can I take the CPA exam in Alaska?
Alaska has one Prometric testing center in Anchorage. Many Alaska CPA candidates also travel to Seattle or other West Coast testing centers. Plan your exam schedule well in advance, especially during busy seasons, and factor in potential weather-related travel delays.
What accounting specializations are most valuable in Alaska?
Oil and gas accounting, government/public sector accounting, and Native corporation accounting are the most Alaska-specific specializations. Environmental accounting and natural resource accounting are growing fields. Traditional specializations like tax and audit remain valuable, especially with Alaska’s unique tax structure.
