Introduction

Nearly 4 million people now reside in the state of Oregon. With a population increase of 12% since 2000, Oregon officially became the “Top Moving Destination” in the U.S. last year, with two families moving into the state for every one family moving out.

The state is also home to two Fortune 500 companies, offices of each of the “Big Four” international CPA firms (Deloitte & Touche, KPMG, PricewaterhouseCoopers and Ernst & Young) and 793 independently licensed CPA firms. Other large corporations are headquartered in the state as well, including Nike, Graphic Arts Center Publishing, Harry and David, Adidas and Intel Corporation.

Of the 4 million residing Oregonians, 1,972,700 make up the labor force that contributes to the state’s economy, earning a per capita income of $38,786. Oregon is now the 25th wealthiest state in terms of GDP, having generated $219.6 billion last year. The state’s primary resource sectors are agriculture, fishing and timber, with a great deal of its production being exported. This level of economic development makes Oregon an excellent environment for financial services specialists like accountants and auditors.

Oregon at a glance

Population 3,970,239
Per Capita Income $38,786
Unemployment Rate 5.4%
Fortune 500 Companies 2
Licensed CPA Firms 793

Accounting Programs in Oregon

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

Accounting Salaries and Employment

Oregon state accountants and auditors can look forward to a striking 16.9% increase in employment opportunities over a 10 year span, a growth rate that represents the addition of 13,620 positions by 2022. Major CPA firms headquartered in the state include AKT CPAs and Perkins & Co., which each grossed over $20 million in revenues in 2014.

On average, Oregon accountants make more annually than their peers in other states. Depending on an one’s degree level, licensure and specialty, wages range from $37,910 to $105,370 annually. Top-paying cities include the Portland-Vancouver-Hillsboro area, Bend, Salem, the Eugene-Springfield area and Medford.

Projected Job Growth for Accountants

11,640 Employees2012
13,620 Employees2022
Oregon 14.5% increase
1,275,400 Employees2012
1,442,200 Employees2022
United States 11.6% increase
Source: U.S. Department of Labor

Accounting Salaries by Specialty

Oregon Avg. Annual Wage United States Avg. Annual Wage

Associate Degree Recommended

Bookkeeping and Auditing Clerks

$37,910
$37,250

Payroll Clerks

$42,420
$39,850

Credit Counselors

$47,660
$44,960

Bachelor's Degree Recommended

Cost Estimators

$60,210
$63,660

Tax Examiners and Collectors

$52,890
$56,120

Master's Degree Recommended

Accountants and Auditors

$65,820
$72,500

Budget Analysts

$69,390
$72,560

Personal Financial Advisors

$85,940
$99,920

Actuaries

$107,740
$107,740

Financial Managers

$105,370
$126,660
Source: BLS OES

Top-paying cities for accountants

  1. Portland-Vancouver-Hillsboro, OR-WA
    $68,110
  2. Bend, OR
    $67,230
  3. Salem, OR
    $64,110
  4. Eugene-Springfield, OR
    $61,190
  5. Medford, OR
    $60,630
Source: OES Data Tool

Major firms headquartered in Oregon

Count Firm Location 2014 Revenue (in millions)
1AKT CPAsSalem, OR$38
2Perkins & Co.Portland, OR$21

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 Oregon

Aspiring CPAs in Oregon must sit for the uniform CPA exam administered by NASBA and meet the eligibility requirements listed below.

The CPA exam is made up of four sections that students must register for individually. Each section must be passed with a score of 75 or higher within 18 months of an initial test date. Once a student receives Authorization To Test (ATT), candidates must take the authorized section within six months of the Notice to Schedule date.

Due to the exam’s complex nature, many students retake sections of the exam more than once before achieving an overall pass. Also listed below are schools ranked by their 2014 CPA pass rates, which include scores from first-time testers as well as scores from those retesting.

Oregon allows international testing to candidates in Japan, Bahrain, Kuwait, Lebanon and the United Arab Emirates who wish to sit for the Uniform CPA Exam.

Eligibility for CPA Licensure in Oregon

To be eligible to sit for the Uniform CPA Exam in Oregon, candidates must meet the following requirements:

  • Fulfill the 150 hour educational requirement
  • Participate in international programs
  • Complete 24 semester hours in accounting courses
  • Complete 24 semester hours in business courses
  • Hold a baccalaureate degree
  • Complete 1 year of work experience
  • Must take and pass the AICPA Professional Ethics Exam for initial licensure or an exam on the Code of Professional Ethics offered by the Oregon Society of CPAs

All application material must be received within 3 months from the date of submission.

Age RequirementNone
Citizenship RequirementNo
Residency RequirementNo
Social Security # RequirementYes
Education Requirement for Licensure150 hours (including bachelor's degree)
Participates in International ProgramsYes
Hours in Accounting24 semester hours or equivalent quarter hours in accounting
Exam Sitting Requirements150 hours (must complete education requirement prior to sitting for exam)
Experience Requirements12 months of full time employment in public practice, industry, government or other professional settings.
Ethics ExamMust pass AICPA Professional Ethics Exam for initial licensure or an exam on the Code of Professional Ethics offered by the Oregon Society of CPAs

Candidates are strongly encouraged to review the AICPA Website’s tutorial that elaborates on the revised version of the exam’s format and navigation functions.

Source: The American Institute of CPAs

CPA exam fees in Oregon

Total:$830
  • Application Fee $100
  • Auditing & Attestation $192
  • Financial Accounting & Reporting $192
  • Regulation $173
  • Business Environment & Concepts $173

Special Fees: A $50 re-examination application fee applies for each portion of the exam being retaken. (If a candidate fails one section of the exam they can pay to re-register for just that portion of the exam. All sections must be passed within 18 months of candidate’s first test date.)

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 Oregon State Board of Accountancy is a regulatory body responsible for licensing and certifying CPAs and public accountants of the state. The Board also maintains professional competence and ethical standards of CPAs and CPA firms in Oregon. It provides accounting professionals the opportunity to update, renew, order or print any license and provides consumers the ability to search and verify licenses and digitally certify a license.

Once certified, CPAs may join the Oregon of Society CPAS, an association that actively strives to maintain high professional and educational standards among its members while providing advocacy, community networking and valuable information related to the field of accounting. Future CPAs can also be members under an affiliate status.

Oregon State Board of Accountancy

Address

3218 Pringle Road S.E., #110
Salem, OR 97302

Phone Number

(503) 378-4181

Oregon Society of CPAs

Address

10206 SW Laurel St.
Beaverton, OR 97005

Phone Number

(503) 641-7200 ext. 3

Email

profdev@orcpa.org