Accounting Degrees in Texas
More than 105,000 accountants and auditors along with almost 4,000 licensed CPA firms call the lone star state home. Texas’ 27 million residents and hundreds of thousands of businesses of every size and description are served by CPA firms of every size including multiple offices for each of the Big Four International Accounting firms (Deloitte & Touche, KPMG, Pricewaterhousecoopers and Ernst & Young).
Energy, particularly oil and gas, may be the kings of the Texan economy but the king’s court is diverse. Texas boasts the second largest per capita GDP in the nation. In terms of total value, the state’s GDP alone can be compared with the gross domestic products of entire countries, like Canada and India. Unsurprisingly, this industrial giant is consistently ranked among investment firms as one of the most business-friendly states in the U.S.
Texas at a glance
|Per Capita Income||$41,471|
|Fortune 500 Companies||103|
|Licensed CPA Firms||3,876|
Accounting Programs in Texas
Search our comprehensive school directory to explore the accounting programs in Texas, including campus-based, online and hybrid programs.
- Degree Levels
Accounting Salaries and Employment
Between 2012-2022, the BLS projects that the number of accounting and auditing positions added to payrolls in Texas will increase by over 25,000. This growth rate of 24% is basically unheard of in the financial services industry and is more than double the 13.1% growth projected nationally.
There is no shortage of major employers in Texas. More than a fifth of Fortune 500 companies and hundreds more of the Fortune 1,000 are headquartered in the state. Accountants and auditors in the state earn an average annual salary of $75,210, earnings that are slightly higher than national averages. Accountants and auditors are also among the largest and highest paid group of professionals in the state, out-earning the average working Texan by 40%.
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
- Odessa, TX$87,220
- Houston-Sugar Land-Baytown, TX$83,190
- Dallas-Plano-Irving, TX$77,760
- Midland, TX$77,340
- Fort Worth-Arlington, TX$76,470
Major firms headquartered in Texas
|Count||Firm||Location||2014 Revenue (in millions)|
|1||Weaver||Fort Worth, TX||$83|
|2||Whitley Penn||Fort Worth, TX||$58|
|3||Montgomery Coscia Greilich||Plano, TX||$33|
|4||Briggs & Veselka Co.||Houston, TX||$26|
|5||PKF Texas||Houston, TX||$21|
|6||Cain Watters & Associates||Plano, TX||$20|
|7||Johnson Miller & Co. CPAs||Odessa, TX||$19|
|8||PMB Helin Donovan||Austin, TX||$19|
|9||Lane Gorman Trubitt||Dallas, TX||$19|
|10||Maxwell Locke & Ritter||Austin, TX||$18|
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 Texas
To become a CPA in Texas candidate must sit for the Uniform CPA Exam administered by NASBA (National Association of State Boards of Accountancy) and pass all four sections with a score of 75% or higher. Candidates must also:
- Possess a bachelor’s degree or higher from an accredited college or university
- Complete at least 150 total credit hours in post secondary education
- Complete at least 30 credit hours of upper level accounting courses
- Pass the Texas Board of Accountancy’s approved ethics course
Texas CPA candidates must also demonstrate that they are of good moral character by meeting the statutory requirements as defined by Section 901.253 of the Texas code. CPA candidates are also required to complete at 2,000 hours of documented experience as described in Section 901.256.
In 2007, Texas adopted the CPA Mobility Bill which is based on standards developed by the AICPA that allow CPAs from other states to transfer licensure to Texas.
Eligibility for CPA Licensure in Texas
The first step in determining whether or not a candidate is eligible for licensing as a Texas CPA is to complete an application of intent. The application must be completed before a candidate can apply to sit for the Uniform CPA Examination.
Applicants who have either been arrested or convicted of a crime must also complete a background statement before applying to take the CPA exam.
|Social Security # Requirement||Yes|
|Education Requirement for Licensure||150 hours (including bachelor's degree)|
|Participates in International Programs||Yes|
|Hours in Accounting||30 semester hours or equivalent quarter hours of accounting courses (15 hours requires physical attendance on campus; 2 credit hours required in accounting or taxation research and analysis)|
|Exam Sitting Requirements||150 hours (must complete education requirement prior to sitting for exam)|
|Experience Requirements||1 year work experience defined as diversified non-routine accounting gained through client practice of public accountancy, industry, government, law firm, education or internship (which is a case-by-case approval). Self-employment is not acceptable unless approved by the Board.|
|Ethics Exam||Must pass exam on Texas Rules of Professional Conduct|
Ensure that your undergraduate coursework satisfies California’s CPA licensure requirements by filling out this .Source: The American Institute of CPAs
CPA exam fees in Texas
- Application Fee $50
- Auditing & Attestation $192
- Financial Accounting & Reporting $192
- Regulation $173
- Business Environment & Concepts $173
Candidates who did not successfully pass all four parts of the Uniform CPA Exam on their first attempt have 18 months to apply for re-examination to complete this requirement.
Schools Ranked by CPA Pass Rates, 2014
|Rank||Logo||School Name||Candidates||Pass Rate||Average Score|
|1||Sul Ross State University||6||76.9%||75.2|
|2||University of Texas Austin||495||75.4%||80.2|
|3||Texas A&M University||440||71.4%||78.9|
|6||Southern Methodist University||183||61.1%||75.9|
|7||Texas Christian University||94||60.4%||75.1|
|10||Texas Tech University||284||58.5%||74.5|
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 Texas Board of Public Accountancy’s mission is to provide protection for the public by ensuring that CPAs are licensed and possess the necessary education, experience and skills to deliver competent service.
The Texas Society of Certified Public Accountants is a professional membership organization that provides members with continuing professional education opportunities as well as public and legislative advocacy.
Texas Board of Accountancy
333 Guadalupe, Tower 3, Suite 900
Austin, TX 78701