Introduction

Wyoming is one of the larger American states, and is best known for its breathtaking mountain vistas and extensive prairies.

Although one of the least populous states, Wyoming has a robust economy based heavily in tourism, agriculture and the mineral and gas extraction industries. People travel from all over to visit Wyoming’s many national parks, while residents earn their livings off the land, in the hospitality sector and by providing most of the natural gas to surrounding states.

Wyoming residents do not pay individual or corporate income tax and the state’s sales tax is one of the nation’s lowest at only 4 percent.

Wyoming at a glance

Population 584,153
Per Capita Income $48,670
Unemployment Rate 4.1%
Fortune 500 Companies 0
Licensed CPA Firms 149

Accounting Programs in Wyoming

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

Accounting Salaries and Employment

Salaries for accounting positions in Wyoming are on par with national averages, allowing individuals with advanced degrees to earn over $100,000 in annually. The majority of employment opportunities are found in the state’s two major cities, Casper and Cheyenne.

None of the Big Four international accounting firms have offices in the state, however, there are well-established local firms and businesses in need of professionals with strong financial backgrounds.

Projected Job Growth for Accountants

1,890 Employees2012
2,160 Employees2022
Wyoming 12.5% increase
1,275,400 Employees2012
1,442,200 Employees2022
United States 11.6% increase
Source: U.S. Department of Labor

Accounting Salaries by Specialty

Wyoming Avg. Annual Wage United States Avg. Annual Wage

Associate Degree Recommended

Bookkeeping and Auditing Clerks

$36,820
$37,250

Payroll Clerks

$41,450
$39,850

Credit Counselors

$44,960
$44,960

Bachelor's Degree Recommended

Cost Estimators

$61,130
$63,660

Tax Examiners and Collectors

$54,390
$56,120

Master's Degree Recommended

Accountants and Auditors

$64,730
$72,500

Budget Analysts

$64,840
$72,560

Personal Financial Advisors

$99,170
$99,920

Actuaries

$107,740
$107,740

Financial Managers

$101,720
$126,660
Source: BLS OES

Top-paying cities for accountants

  1. Casper, WY
    $71,190
  2. Cheyenne, WY
    $61,170
Source: OES Data Tool

Major firms headquartered in Wyoming

Count Firm Location 2014 Revenue (in millions)
1McGee, Hearne & PaizCheyenne, WY$10

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 Wyoming

Anyone wanting to provide accounting services in Wyoming must hold a valid state certificate, as well as a permit from the employing firm.

Wyoming is a one-tier state, which means that all applicants must meet minimum education, experience and examination requirements before obtaining certification and permission to work for a registered firm or establish an independent practice.

Eligibility for CPA Licensure in Wyoming

Eligibility for CPA licensure follows standard requirements in place in most states. Wyoming will accept examination credit transfers from other states as long as the applicant establishes residency in the state and brings qualifications that meet or exceed the state’s requirements.

Age Requirement18
Citizenship RequirementNo
Residency RequirementYes
Social Security # RequirementYes
Education Requirement for Licensure150 credit hours including bachelor's degree
Participates in International ProgramsYes
Hours in AccountingBachelor's degree: 24 semester hours or equivalent quarter hours accounting courses which includes financial accounting, auditing, taxation and management accounting. Or: 24 semester hours or equivalent quarter hours in upper division or graduate accounting courses which includes business law, economics, management, marketing, finance, business communications, statistics, quantitative methods, technical writing, information systems or technology, ethics or other areas as may be determined by the Board.
Exam Sitting Requirements150 hours with bachelor's degree must be completed or documentation that the requirement will be completed within 90 days of the application date must be supplied
Experience RequirementsOne year experience in public accounting. All public accounting experience shall be gained through employment in government, industry, academia or the practice of public accounting.
Ethics ExamMust pass AICPA Professional Ethics Exam for initial licensure

Wyoming requires all new applicants to complete an 8-credit Professional Ethics Course. The state currently accepts the AICPA’s Comprehensive Course.

Source: The American Institute of CPAs

CPA exam fees in Wyoming

Total:$814
  • Application Fee $110
  • Auditing & Attestation $186
  • Financial Accounting & Reporting $186
  • Regulation $166
  • Business Environment & Concepts $166

Candidates will be charged an additional fee of $67.50 if they do not agree to disclose personal information to the national candidate database when applying for the CPA exam.

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 Wyoming Board of Certified Public Accountants is the online source for anyone seeking CPA certification in the state. It contains all the pertinent information about exams, licensure and public information about CPA firms throughout the state.

The Wyoming Society of Certified Public Accountants offers professional development courses and other benefits for its members. The organization is dedicated to upholding standards of professionalism in the field and to providing networking opportunities for aspiring and current CPAs.

Wyoming Board of Certified Public Accountants

Address

325 West 18th Street; Suite 4
Cheyenne, WY 82002

Phone Number

307-777-7551

Wyoming Society of Certified Public Accountants

Address

504 West 17th Street; Suite 200
Cheyenne, WY 82001

Phone Number

307-634-7039

Email

admin@wyocpa.org