North Carolina’s thriving economy and growing financial sector make it an ideal state for launching your accounting career. Whether you’re aiming to become a Certified Public Accountant (CPA) or pursue other accounting specializations, understanding the state’s specific requirements and opportunities is crucial for your success.
This comprehensive guide covers everything you need to know about becoming an accountant in North Carolina, from education requirements and CPA licensure steps to salary expectations and career opportunities across the state’s major cities.
North Carolina CPA Requirements at a Glance
To become a licensed CPA in North Carolina, candidates must meet specific education, examination, and experience requirements set by the North Carolina State Board of CPA Examiners. Here’s a quick overview:
The 150-hour requirement typically means earning a master’s degree in accounting in addition to your bachelor’s degree, as most undergraduate programs provide only 120 credit hours.
Step-by-Step Guide to Becoming a CPA in NC
Step 1: Complete Your Educational Requirements
North Carolina requires 150 semester hours of college education from a regionally accredited institution. Your coursework must include:
- 30 semester hours in accounting covering:
- Financial accounting
- Cost accounting
- Auditing
- Federal taxation
- Accounting information systems
- 24 semester hours in general business including:
- Business law
- Finance
- Economics
- Management
- Marketing
Many candidates pursue an MBA in Accounting or Master of Accountancy to meet the 150-hour requirement while gaining specialized knowledge.
Step 2: Apply for the Uniform CPA Examination
Once you’ve completed your education requirements, you can apply to take the Uniform CPA Exam through the North Carolina State Board of CPA Examiners. The exam consists of four sections:
You must pass all four sections within an 18-month rolling window. Consider using proven CPA exam study materials to prepare effectively.
Step 3: Gain Qualifying Experience
North Carolina requires two years (4,000 hours) of accounting experience under the direct supervision of a licensed CPA. Qualifying experience includes:
- Public accounting (audit, tax, consulting)
- Industry accounting
- Government accounting
- Academia (teaching accounting at the college level)
Your supervising CPA must have an active license and verify your experience through official forms submitted to the Board.
Step 4: Pass the Ethics Examination
After passing the CPA exam and completing your experience requirement, you must pass the North Carolina Accountancy Statutes and Rules examination. This open-book exam tests your knowledge of:
- NC General Statutes Chapter 93
- Title 21, Chapter 8 of the NC Administrative Code
- Professional ethics and conduct
Step 5: Submit Your License Application
Complete your CPA license application with the North Carolina State Board, including:
- Official transcripts
- Experience verification forms
- Exam score transfers (if applicable)
- Application fee of $230
- Background check authorization
Processing typically takes 4-6 weeks after all documents are received.
Top Accounting Schools in North Carolina
North Carolina hosts several AACSB-accredited business schools offering excellent accounting programs. Here are the state’s top institutions for aspiring accountants:
University of North Carolina at Chapel Hill
The Kenan-Flagler Business School offers a prestigious MAC (Master of Accounting) program designed specifically for CPA preparation. With a 90%+ first-time CPA exam pass rate, it’s one of the state’s most successful programs.
North Carolina State University
Located in Raleigh, NC State’s Poole College of Management provides both undergraduate and graduate accounting programs with strong connections to Research Triangle employers.
Wake Forest University
The School of Business offers an MSA (Master of Science in Accountancy) program with tracks in assurance services, tax consulting, and financial transaction services.
Duke University
While primarily known for its MBA program, Duke’s Fuqua School of Business offers accounting concentrations ideal for those pursuing corporate accounting careers.
Consider exploring online accounting degree programs if you need flexibility while working full-time.
Employment Industries for Accountants in North Carolina
North Carolina’s diverse economy provides abundant opportunities for accounting professionals across multiple sectors:
Financial Services
Charlotte, the nation’s second-largest banking center, hosts major employers including:
- Bank of America (headquarters)
- Wells Fargo (East Coast headquarters)
- Truist Financial (headquarters)
- Ally Financial
These institutions employ thousands of financial accountants, forensic accountants, and internal auditors.
Technology and Life Sciences
The Research Triangle Park area, anchored by Raleigh, Durham, and Chapel Hill, features:
- Cisco Systems
- IBM
- Credit Suisse
- GlaxoSmithKline
- Biogen
These companies need specialized cost accountants and management accountants familiar with R&D tax credits and intellectual property valuation.
Manufacturing and Aerospace
North Carolina’s manufacturing sector includes:
- Honeywell (Rocky Mount)
- General Dynamics (Charlotte)
- Cessna (Greensboro)
- Honda Aircraft Company (Greensboro)
Government accountants often work with these defense contractors on cost-plus contracts and compliance reporting.
Public Accounting Firms
All Big Four firms maintain offices in North Carolina:
- Deloitte: Charlotte
- Ernst & Young: Charlotte, Greensboro, Raleigh
- PwC: Charlotte, Raleigh
- KPMG: Charlotte, Raleigh
Regional firms like Dixon Hughes Goodman and Cherry Bekaert also offer excellent opportunities for public accountants.
North Carolina Accounting Salaries by Role and Location
Accounting salaries in North Carolina vary significantly based on experience, credentials, location, and specialization. Here’s what you can expect to earn in different roles and cities:
Statewide Salary Overview
Salaries by Metropolitan Area
Specialized Accounting Roles
Entry-Level Positions (0-2 years experience):
- Staff Accountant: $46,000 – $56,000
- Junior Auditor: $48,000 – $58,000
- Tax Associate: $50,000 – $60,000
- Bookkeeper: $35,000 – $42,000
Mid-Level Positions (3-7 years experience):
- Senior Accountant: $65,000 – $85,000
- Tax Senior: $70,000 – $95,000
- Audit Senior: $68,000 – $92,000
- Forensic Accountant: $75,000 – $105,000
Management and Executive Positions:
- Accounting Manager: $85,000 – $115,000
- Controller: $110,000 – $165,000
- Finance Director: $125,000 – $185,000
- CFO: $175,000 – $300,000+
Note that Charlotte typically offers salaries 10-15% higher than the state average due to its status as a major financial center. Additional compensation through bonuses, profit sharing, and stock options is common, especially in public accounting and corporate finance roles.
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.
Career Advancement and Continuing Education
Once you’ve earned your CPA license, maintaining and advancing your career requires ongoing professional development:
Continuing Professional Education (CPE)
North Carolina CPAs must complete 40 hours of CPE annually, including:
- At least 8 hours in accounting and auditing subjects
- At least 2 hours in professional ethics every three years
- Courses must be from Board-approved sponsors
Additional Certifications
Consider pursuing specialized credentials to enhance your career:
- Certified Management Accountant (CMA) for corporate accounting roles
- Certified Internal Auditor (CIA) for internal audit positions
- Enrolled Agent (EA) for tax specialization
- Certified Fraud Examiner (CFE) for forensic accounting
Career Path Progression
Typical career progression for North Carolina CPAs:
North Carolina Accounting Resources
Professional Organizations
- North Carolina Association of CPAs (NCACPA) – Professional development, networking, and advocacy
- Greater Charlotte Chapter of IMA – For management accountants
- Triangle Chapter of ISACA – IT audit and security professionals
- North Carolina Society of Accountants – Supporting all accounting professionals
Regulatory Bodies
- North Carolina State Board of CPA Examiners
1101 Oberlin Road, Suite 104
Raleigh, NC 27605
Phone: (919) 733-4222
Website: nccpaboard.gov
Testing Centers
Prometric testing centers for the CPA exam are located in:
- Charlotte (multiple locations)
- Raleigh
- Greensboro
- Wilmington
- Asheville
Frequently Asked Questions
How long does it take to become a CPA in North Carolina?
The typical timeline is 5-6 years: 4 years for a bachelor’s degree, 1-2 years for a master’s degree (to reach 150 hours), plus 2 years of required work experience. The CPA exam can be taken after completing the education requirements.
Can I become a CPA in NC with an online degree?
Yes, as long as the online program is from a regionally accredited institution and includes the required accounting and business coursework. Many North Carolina universities offer online accounting degrees that meet CPA requirements.
What’s the difference between CPA licensure and certification in North Carolina?
North Carolina issues CPA licenses, not certificates. A license allows you to practice public accounting, while certification in other states may have different privileges. NC license holders can provide attest services and represent clients before the IRS.
Do I need to be a North Carolina resident to get a CPA license?
No, North Carolina does not have a residency requirement. However, you must meet all education, examination, and experience requirements, and your supervising CPA must be licensed in North Carolina.
How much does it cost to become a CPA in North Carolina?
Total costs typically range from $3,000-$5,000, including:
- CPA exam application: $230
- Exam fees: ~$1,000 (all sections)
- Study materials: $1,500-$3,000
- License application: $230
- Ethics exam: $150
Can I transfer my CPA license to North Carolina from another state?
Yes, through reciprocity. You must have a valid CPA license from a substantially equivalent state, meet North Carolina’s education requirements, and have 5 years of experience. The reciprocal license fee is $230.
What are the best entry-level accounting jobs in North Carolina?
Top entry-level positions include:
- Audit associate at Big Four firms in Charlotte or Raleigh
- Tax preparer during the busy season
- Staff accountant at Research Triangle tech companies
- Government accountant with the State of North Carolina
- Corporate accounting analyst at Charlotte Banks
Is the job outlook good for accountants in North Carolina?
Yes, the North Carolina Department of Commerce projects 8.6% growth in accounting jobs through 2028, with approximately 4,020 annual job openings due to growth, turnover, and retirements. Charlotte and the Research Triangle continue to be hotspots for accounting employment.
Ready to start your accounting career in North Carolina? Research accredited programs, understand the CPA requirements, and plan your path to success in one of the Southeast’s most dynamic business environments.
