Introduction

Over 1,800 licensed CPA firms serve the eleven and a half million residents of Ohio. Two Fortune 500 companies and each of the “Big Four” international CPA firms (Deloitte & Touche, KPMG, PricewaterhouseCoopers and Ernst & Young) have offices throughout the state.

Every year, Ohio’s diverse economy generates approximately $526.1 billion in gross state product, employs a labor force of 5,883,960 and results in a per capita income of $39,289. This burgeoning economy continues to swell due to its variety – banking, insurance, technology, auto manufacturing, steel production, research and development all contribute to a major portion of the state’s production. Prospective CPAs in the state have dozens of sectors to choose from.

Ohio at a glance

Population 11,594,163
Per Capita Income $39,289
Unemployment Rate 5.1%
Fortune 500 Companies 2
Licensed CPA Firms 1,831

Accounting Programs in Ohio

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

Accounting Salaries and Employment

Accountants and auditors in the state of Ohio can expect to see a 8% increase in employment opportunities by 2022, that’s compared to an average national growth rate of just over 13%. Potential employers include SS&G which grossed $90.00 million in 2014, and Clark, Schaefer, Hackett & Co. which generated $52.33 million in revenue last year.

Ohio firms will employ close to 44,000 additional accountants over the next seven years. Ohioans can expect to earn anywhere between $37,250 and $113,810 working in various accounting services in the state, with wages contingent upon education level, licensure status and area of speciality.

Projected Job Growth for Accountants

40,290 Employees2012
43,820 Employees2022
Ohio 8.1% increase
1,275,400 Employees2012
1,442,200 Employees2022
United States 11.6% increase
Source: U.S. Department of Labor

Accounting Salaries by Specialty

Ohio Avg. Annual Wage United States Avg. Annual Wage

Associate Degree Recommended

Bookkeeping and Auditing Clerks

\ $37,250
$37,250

Payroll Clerks

\ $39,500
$39,850

Credit Counselors

\ $43,550
$44,960

Bachelor's Degree Recommended

Cost Estimators

\ $57,760
$63,660

Tax Examiners and Collectors

\ $59,560
$56,120

Master's Degree Recommended

Accountants and Auditors

\ $68,360
$72,500

Budget Analysts

\ $70,940
$72,560

Personal Financial Advisors

\ $87,520
$99,920

Actuaries

\ $99,320
$107,740

Financial Managers

\ $113,810
$126,660
Source: BLS OES

Top-paying cities for accountants

  1. Toledo, OH
    $75,530
  2. Dayton, OH
    $72,850
  3. Cleveland-Elyria-Mentor, OH
    $69,480
  4. Akron, OH
    $69,400
  5. Cincinnati-Middletown, OH-KY-IN
    $69,170
Source: OES Data Tool

Major firms headquartered in Ohio

Count Firm Location 2014 Revenue (in millions)
1SS&GCleveland, OH$90
2Clark, Schaefer, Hackett & Co.Cincinnati, OH$52
3Hill, Barth & KingBoardma, OH$49
4Cohen & Co.Cleveland, OH$40
5Skoda Minotti & Co.Mayfield Village, OH$40
6Rea & Associates NewNew Philadelphia, OH$31

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 Ohio

Potential CPAs of Ohio sit for the uniform CPA exam administered by NASBA and must meet the eligibility requirements listed below. Various colleges and universities in the state have accounting programs with top passing rates. The schools ranked by CPA passing rates below include both first time testers and candidates returning to attempt the exam again, as is common for many students.

Ohio offers a course evaluation worksheet to help students determine if they meet the educational requirements before applying for the exam. Ohio recognizes CPA mobility legislation as well as obtaining a license by transfer.

Eligibility for CPA Licensure in Ohio

In order to be eligible to sit for the Uniform CPA Exam in Ohio, candidates must fulfill the qualifications below:

  • Be at least 18 years of age
  • Be a resident of the state of Ohio
  • Fulfill the 150 hour educational requirement
  • Participate in international programs
  • Complete 30 semester hours in accounting
  • Complete 24 semester hours in business
  • Complete 1 year of experience working in accounting
  • Complete the Ohio Board of Accountancy course on basic professional standards and responsibilities
Age Requirement18
Citizenship RequirementNo
Residency RequirementYes
Social Security # RequirementYes
Education Requirement for Licensure150 hours (including bachelor's)
Participates in International ProgramsYes
Hours in Accounting30 semester hours or equivalent quarter hours in accounting
Exam Sitting Requirements150 hours (must complete education requirement prior to sitting for exam)
Experience Requirements1 year experience in public accounting: 150 hours or sat for the exam prior to 2000. 2 years public accounting experience: Sat for exam with less than 150 hours but obtained 150 hours prior to certification. The public accounting experience is gained through employment in government, business or academia.
Ethics ExamOhio Board of Accountancy course on basic professional standards and responsibilities.

A tutorial covering the computer-based CPA exam may be found on the AICPA CPA Exam website.

Source: The American Institute of CPAs

CPA exam fees in Ohio

Total:$868
  • Application Fee $140
  • Auditing & Attestation $192
  • Financial Accounting & Reporting $192
  • Regulation $172
  • Business Environment & Concepts $172

Special Fees: A registration fee applies in addition to the application fee, and varies depending on the number of sections an individual is taking. The registration fee for all four sections is $130, for three sections is $110, for two sections is $90, for one section is $70.

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 Accountancy Board of Ohio regulates licensure, CPA firm peer reviews and continuing professional education requirements. It also handles complaints and cooperates with the National Association of State Boards of Accountancy, which administers the uniform CPA exam for candidates in Ohio.

The Ohio Society of CPAs is an organization dedicated to the interests of current and future Ohio CPAs by providing continuing education programs, advocacy, discounts on services and by promoting student interest in the field and promoting CPA credentials.

Accountancy Board of Ohio

Address

77 South High Street 18th Floor
Columbus, OH 43215

Phone Number

(614) 995-0192

Ohio Society of CPAs

Address

535 Metro Place South
Dublin, OH 43017

Phone Number

(614) 764-2727

Email

rhixen@ohiocpa.com