Introduction

Nebraska is known for being one of the larger agricultural producers in the United States. Its production includes beef and pork, along with corn and soybeans. It is also home to the Mutual of Omaha, one of the largest and most recognized insurance companies in the country.

Nebraska is also home to Berkshire Hathaway, the company founded by noted investor Warren Buffett, as well as various manufacturing, IT, and telecommunications companies. Nebraska’s two largest cities, Omaha and Lincoln, offer the most lucrative employment opportunities to financial services specialists like accountants and auditors.

Accounting In Nebraska at a glance

Population 1,881,503
Per Capita Income $43,143
Unemployment Rate 2.6%
Fortune 500 Companies 5
Licensed CPA Firms 327

Accounting Programs in Accounting In Nebraska

Search our comprehensive school directory to explore the accounting programs in Accounting In Nebraska, including campus-based, online and hybrid programs.

Accounting Salaries and Employment

Three of the “Big Four” international CPA firms maintain offices in Omaha: Deloitte & Touche, Ernst & Young and KPMG. Individual CPAs and smaller firms are abundant in both Omaha and Lincoln.

Between 2012 and 2022 the Bureau of Labor Statistics projects the number of positions for accountants and auditors in Nebraska to grow by 13.4%, a . According to these BLS estimates, the state will have over 11,000 accounting and auditing positions by 2022, making Nebraska an attractive choice for prospective and currently licensed CPAs.

Wages for for accounting specialists in Nebraska start at about $33,000 per year for bookkeeping and auditing clerks and top out at about $135,000 for financial managers.

Projected Job Growth for Accountants

9,850 Employees2012
11,170 Employees2022
Accounting In Nebraska 11.8% increase
1,275,400 Employees2012
1,442,200 Employees2022
United States 11.6% increase
Source: U.S. Department of Labor

Accounting Salaries by Specialty

Accounting In Nebraska Avg. Annual Wage United States Avg. Annual Wage

Associate Degree Recommended

Bookkeeping and Auditing Clerks

$32,990
$37,250

Payroll Clerks

$37,170
$39,850

Credit Counselors

$47,380
$44,960

Bachelor's Degree Recommended

Cost Estimators

$53,870
$63,660

Tax Examiners and Collectors

$55,390
$56,120

Master's Degree Recommended

Accountants and Auditors

$65,820
$72,500

Budget Analysts

$61,760
$72,560

Personal Financial Advisors

$109,420
$99,920

Actuaries

$94,770
$107,740

Financial Managers

$135,140
$126,660
Source: BLS OES

Top-paying cities for accountants

  1. Omaha-Council Bluffs, NE-IA
    $69,240
  2. Lincoln, NE
    $63,160
Source: OES Data Tool

Major firms headquartered in Accounting In Nebraska

Count Firm Location 2014 Revenue (in millions)
1Seim JohnsonOmaha, $15

Accounting Today named these firms among the highest performing in a multi-state region. Rankings as based upon reported net revenues from 2014. Source: Accounting today "Top 100 Firms"

Becoming a certified public accountant (CPA) in Accounting In Nebraska

To become a CPA in the state of Nebraska, you must first become a resident of the state. Once residency is established, you must find employment with one of the registered firms within the state, or apply to the Nebraska Board of Public Accountancy to establish your own practice.

The rules and regulations for CPAs new to Nebraska are relatively stable at the moment. The state’s Board of Public Accountancy website is a comprehensive resource that should be used by CPAs contemplating a move to Nebraska. The site lists all rules and regulations for accounting practices, as well as annual procedural updates. Moreover, all necessary steps to becoming licensed in the state are clearly laid out and easy to follow.

Eligibility for CPA Licensure in Nebraska

Once residency and credentials are verified, candidates must take the CPA exam. The exam is administered by the National Association of State Boards of Accountancy, and differs from state to state.

Nebraska suggests all CPA candidates take the exam tutorial before embarking on the actual exam, even if candidates have prior education and experience. The state works closely with CPA Examination Services (CPAES), a division of the National Association of State Boards of Accountancy (NASBA), to ensure that candidates are fully prepared to take the exam and become licensed. All pertinent information is present, along with easily accessible links, on the Nebraska Board of Public Accountancy’s site.

Age RequirementNone
Citizenship RequirementNo
Residency RequirementYes
Social Security # RequirementYes
Education Requirement for Licensure150 hours (including B.A.)
Participates in International ProgramsYes
Hours in Accounting30 semester hours or equivalent quarter hours in accounting beyond principles of accounting
Exam Sitting Requirements150 hours (must complete education requirement prior to sitting for exam)
Experience Requirements2 years of public accounting experience or 3 years of auditing experience in the Dept. of Revenue or in the Office of the Auditor of Public Accounts or 3 1/2 years gained through employment by the federal government as a special agent or IRS agent.
Ethics ExamMust pass AICPA Professional Ethics Exam for initial licensure

Transcripts from all postsecondary institutions must be sent directly to the Nebraska Board of Public Accountancy. Foreign candidates’ transcripts will be evaluated for equivalency to U.S. candidate requirements.

Source: The American Institute of CPAs

CPA exam fees in Accounting In Nebraska

Total:$895
  • Application Fee $165
  • Auditing & Attestation $192
  • Financial Accounting & Reporting $192
  • Regulation $173
  • Business Environment & Concepts $173

There is a $75.00 registration fee for each of the above listed exam sections.

Schools Ranked by CPA Pass Rates, 2014

RankLogoSchool NameCandidatesPass RateAverage Score

Schools are ranked by pass rate unless otherwise noted. Results are comprised of scores from both first-time test takers and those returning to take the whole exam or specific sections of it again. Source: National State Boards of Accountancy

Certifying and Professional Organizations

The Nebraska Board of Public Accountancy is the state agency that oversees licensure and registration of accountants working within the state. The agency’s Web site is a valuable resource for information about becoming a licensed accountant in the state, as well as educational requirements and testing. The board is also responsible for dealing with accountants and firms that fail to adhere to the state’s legal guidelines.

The Nebraska Society of CPAs maintains professional standards, encourages continuing education among its members, and ensures that all members represent their profession with the utmost in knowledge and performance.

Contact information for both organizations is listed below.

Nebraska Board of Public Accountancy

Address

1526 K Street, Suite 410
Lincoln, 68508

Phone Number

(402) 471-3595

Nebraska Society of CPAs

Address

635 South 14th Street, Suite 330
Lincoln, 68508

Phone Number

(402) 476-8482

Email

society@nescpa.org