Accounting Degrees in North Dakota
Growing at a rate of about 8.3% annually and grossing $36.8 billion in 2013, North Dakota is the fastest growing state in terms of gross domestic product. Personal incomes are also growing significantly, increasing 7.6% to $41.3 billion in 2013. Per capita income is now at $51,893, among the top 15 in the nation. North Dakota has also been a leader in job creation for the past seven years and has the lowest unemployment rate in the nation at just over 3%.
At latest count, 157 licensed CPA firms provide services to the 739,482 residents of North Dakota. The state continues to survive economic turmoil with booming natural resources, such as oil extraction and mining, and happens to be the only state with a state-owned bank. Other major employers include Microsoft and Amazon.
North Dakota at a glance
|Per Capita Income||$51,893|
|Fortune 500 Companies|
|Licensed CPA Firms||157|
Accounting Programs in North Dakota
Search our comprehensive school directory to explore the accounting programs in North Dakota, including campus-based, online and hybrid programs.
- Degree Levels
Accounting Salaries and Employment
Employment opportunities for accountants and auditors in North Dakota is expected to grow a whopping 19.2% between 2012 and 2022, leading to more than 4,500 potential positions. CPAs in this state can also look forward to earning more than their peers in other states, with the average annual wage ranging from $36,580 to $110,370, varying based on degree level, licensure and specialty.
Fargo, Bismarck and Grand Forks are major areas for accountants seeking employment. Firms such as Eide Bailly located in Fargo earned $170.50 million in revenue last year.
Projected Job Growth for Accountants
Accounting Salaries by Specialty
Associate Degree Recommended
Bookkeeping and Auditing Clerks
Bachelor's Degree Recommended
Tax Examiners and Collectors
Master's Degree Recommended
Accountants and Auditors
Personal Financial Advisors
Top-paying cities for accountants
- Fargo, ND$56,840
- Bismarck, ND$56,900
- Grand Forks, ND$56,320
Major firms headquartered in North Dakota
|Count||Firm||Location||2014 Revenue (in millions)|
|1||Eide Bailly||Fargo, ND||$170|
|2||Brady, Martz & Associates Grand||Forks, ND||$27|
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 and Regional Leaders"
Becoming a certified public accountant (CPA) in North Dakota
CPAs in North Dakota must sit for the uniform CPA exam prepared by the AICPA as well as meet the eligibility requirements listed below. All four sections of the exam may be taken individually in any order, and applicants will retain the credit for any sections they passed for 18 months after their initial test date – an applicant must therefore pass all four sections within a rolling 18 month period.
Any candidates who have passed all parts of the CPA exam elsewhere may transfer their scores. Similarly, CPAs holding a certificate from another state may receive reciprocal licensure.
Eligibility for CPA Licensure in North Dakota
Candidates seeking eligibility for CPA licensure in North Dakota must fulfill the qualifications listed below:
- Be of good moral character
- Pass the Uniform CPA Examination
- Complete Professional Ethics: The AICPA’s Comprehensive Course
- Complete 1 year of experience meeting relevant conditions
- Provide accounting credentials
- Pay applicable fees
- Meet the 150 hour educational requirement or be within 6 months of doing so
- Complete at least 24 credit hours of accounting courses
- Complete at least 24 credit hours of business courses
- Participate in international programs
|Social Security # Requirement||Yes|
|Education Requirement for Licensure||150 hours (including bachelor's)|
|Participates in International Programs||Yes|
|Hours in Accounting||24 semester hours or equivalent quarter hours in accounting courses (principles of accounting or equivalent courses do not count toward the required accounting)|
|Exam Sitting Requirements||Must be within six months of completing education requirement|
|Experience Requirements||1 year of experience gained through employment in government, industry, academia or public accounting.|
|Ethics Exam||Must pass AICPA Professional Ethics Exam for initial licensure|
Candidates seeking CPA Exam review programs contact email@example.com or 701-775-7100. The Society offers an exam preparation course, with a discount for members.Source: The American Institute of CPAs
CPA exam fees in North Dakota
- Application Fee $120
- Auditing & Attestation $192
- Financial Accounting & Reporting $192
- Regulation $172
- Business Environment & Concepts $172
Special Fees: Other fees may apply, such as a re-examination fee, registration fee and initial licensure fee.
Certifying and Professional Organizations
The Board of Accountancy is an independent body responsible for reviewing the entrance qualifications of CPA candidates, for registering firms and CPAs, for maintaining and monitoring continuing education and addressing consumer concerns.
Students who are planning to become CPAs and those CPAs who are licensed may join the North Dakota Society of CPAs, which is a statewide association of 1,800 members. The Society’s goal is help its members providing advocacy, resources, involving members and equipping them with tools necessary to better serve the public and their clients.
North Dakota State Board of Accountancy
2701 S. Columbia Road
Grand Forks, ND 58201