Address & Contact Info
2276 Jefferson Davis Highway
Associates Degree Programs Available
Certificate Programs Available
- Accounting Technology/Technician and Bookkeeping
South Carolina is the 25th most populated state in the union, yet the state’s $36,000 per capita GDP ranks as the third lowest in the country. The state economy’s largest sector is manufacturing, which is dominated by textiles followed by paper and electrical equipment. South Carolina’s nearly 14,000 accountants and auditors work in both the private and public sectors including the state’s 712 licensed CPA firms.
Each of the “Big Four” international CPA firms (Pricewaterhouse Coopers, Deloitte & Touche, KPMG, and Ernst & Young) maintain at least one office in the Spartan State. South Carolina is also home to many large regional CPA firms that employ 50 or more professionals.
|Per Capita Income||$34,266|
|Fortune 500 Companies||1|
|Licensed CPA Firms||712|
Search our comprehensive school directory to explore the accounting programs in South Carolina, including campus-based, online and hybrid programs.
2276 Jefferson Davis Highway
1600 Harden Street
1700 Wade Hampton Boulavard
Two Liberty Square, 75 Beattie Place Ste 100
506 N Guignard Dr
9200 University Blvd
201 Sikes Hall
103 Tom Trout Drive
66 George St
1301 Columbia College Dr
580 E Main St
1126 Solomon Blatt Blvd
2715 W. Lucas Street
4822 East Palmetto Street
3300 Poinsett Highway
738 S Pleasantburg Dr
2050 Highway 501 East
1260 Lexington Drive
West Columbia, SC
2100 College St
7801 N. Tigerville Road
The Department of Labor’s Bureau of Labor Statistics (BLS) projects the number of accounting and auditing positions in South Carolina to grow by 12.8% over 2012 levels by 2022. This is just slightly lower than the national projected growth rate of 13.1%. The expansion pencils out to the creation of approximately 1,900 positions in the state, but this does not factor in the number of positions made available from retirement and attrition. At $59,240 the average annual income for CPAs is more than 40% higher than the average salary of all South Carolinians.
|Count||Firm||Location||2014 Revenue (in millions)|
|1||Elliott Davis||Greenville, SC||$64|
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"
South Carolina CPAs are required to meet the national standards that were developed by the National Association of State Boards of Accountancy and the AICPA. In addition to successfully passing all four parts of the Uniform CPA Exam, however unlike other states South Carolina CPA candidates may sit for the exam before they complete the education requirement. Licensure requires the following criteria be met:
The above criteria apply to first time applicants, which South Carolina defines as anyone who has never taken the Uniform CPA Exam or has applied before and had their application denied because it was incomplete. Others considered first time applicants include individuals who have taken the exam in other states, but did not earn the credit or taken the exam in another state and wish to transfer the credit to South Carolina.
In order for a CPA candidate to qualify for licensure in the State of Florida they must be either a US citizen or permanent legal resident with a valid social security number. Applicants who do not have a social security number may request a waiver of this requirement from the State Board of Accountancy.
Candidate must pass all four sections of the Uniform CPA Exam within 18 months of their first attempt. Since not all candidates pass all four sections in either their first or a single attempt they are permitted to apply to retake sections individually or together.
|Social Security # Requirement||Yes|
|Education Requirement for Licensure||150 hours (including bachelor's degree)|
|Hours in Accounting||36 semester hours or equivalent quarter hours in accounting courses that are applicable to a B.A. or B.S., M.A. or Ph.D. and which cover financial accounting, managerial accounting, taxation and auditing of which at least 24 semester hours must be taught at the junior or above level|
|Exam Sitting Requirements||Bachelor's degree or higher (120 hours)|
|Experience Requirements||1 year public accounting experience. Experience other than public accounting may count only in proportion to duties contributing to competence in public accounting. 5 years experience teaching accounting in a college or university recognized by the South Carolina State Board|
|Ethics Exam||Must pass AICPA Professional Ethics Exam for initial licensure|
The rules and regulations that govern CPA licensing in South Carolina overseen by the South Carolina Board of Accountancy. The regulation of Certified Public Accountants is detailed in Title 40 – Professions and Occupations Chapter 2 of the South Carolina Code of Laws. The licensing regulations for the Board of Accountancy contained in Chapter 1 were updated in December 2014.Source: The American Institute of CPAs
CPA applicants who were unable to attain a passing grade of 75% for all four parts of the Uniform CPA Exam who apply for re-examination are subject to registration fees which are based on the number of sections being retaken:
|Rank||Logo||School Name||Candidates||Pass Rate||Average Score|
|4||University of South Carolina - Columbia||167||64.6%||76.6|
|5||University of South Carolina - Beaufort||12||62.1%||75.7|
|6||Midlands Technical College||6||57.1%||69.8|
|7||Tri-County Technical College||5||57.1%||74.2|
|8||College of Charleston||66||56.4%||73.9|
|9||Bob Jones University||36||54%||75.2|
|10||Citadel Military College of South Carolina||14||51.4%||74.4|
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
South Carolina State Board of Accountancy is a division of the The Department of Labor, Licensing and Regulation whose mission is to promote the interests of South Carolinians by licensing, regulating and enforcement of standards of professional behavior.
The South Carolina Association of Certified Public Accountants is a professional membership organization whose purpose is to represent the interest of its members through advocacy and continuing professional education.
110 Centerview Drive
Columbia, SC 29210
1300 12th Street, Suite D
Cayce, SC 29033