Accounting Degrees in Alaska
Alaska is both the largest U.S. states and one of the least populous, and its small economy is primarily based around the oil industry. While dips in the industry have led to an overall decline in the state’s economy, the Alaska Department of Labor & Workforce Development reports that financial sectors have experienced smaller losses than many other industries in the state. The Bureau of Labor Statistics projects positions for accountants and auditors in Alaska to grow by around 5% through 2024, which is below the national average. However, Alaska proportionally employs a higher percentage of accountants than the national average in many of its nonmetropolitan areas, particularly in the southeast region. Accountants can also expect to earn an annual mean wage of $82,180, which is dramatically higher than the national average.
Alaska at a glance
|Per Capita Income||$33,062|
|Fortune 500 Companies||0|
|Licensed CPA Firms||89|
Accounting Programs in Alaska
Search our comprehensive school directory to explore the accounting programs in Alaska, including campus-based, online and hybrid programs.
- Degree Levels
Accounting Salaries and Employment
According to the Alaska Department of Labor and Workforce Development, the average annual salary for Alaskan CPAs is $78,400 per year. While the agency projects slow growth in the overall number of CPA positions between now and 2022, the state of boasts a high number of CPAs per capita and demand is expected to remain steady.
Alaskan CPAs are employed across the full spectrum of the Alaskan economy including; the Big Four CPA firms, state and regional firms, and government and private agencies.
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
- Southeast Alaska, Non-Metro$75,930
- Railbelt/Southwest Alaska, Non-metro$75,440
Becoming a certified public accountant (CPA) in Alaska
Licensing requirements in Alaska conform to national standards determined by the AICPA and National Association of State Boards of Accountancy. National standards include:
- 150 Credit hours of postsecondary education
- A baccalaureate degree
- Practical employment experience under the direct supervision of a licensed CPA.
New and transfer licenses are administered by the Alaska State Board of Accountancy. CPAs who were licensed in Alaska and elsewhere prior to the adoption of the current standards are considered grandfathered in and are not required to meet the new qualifications so long as their licenses remain current.
Eligibility for CPA Licensure in Alaska
Alaska CPAs are required to possess a minimum of 150 hours of postsecondary education that includes a baccalaureate degree. The CPA designation is only awarded to candidates that have successfully completed all four parts of the CPA examination. Eligible candidates may elect to sit for the exam at any time after they have acquired at least one year of experience as a public accountant.
CPAs relocating to Alaska may apply for and receive a reciprocal license if their license is in good standing in the former state and they have at least four years of acceptable experience in public accounting.
|Social Security # Requirement||Yes|
|Education Requirement for Licensure||150 hours (including bachelor's degree)|
|Participates in International Programs||Yes|
|Hours in Accounting||24 semester hrs. or equivalent quarter hours in accounting (intermediate accounting can be included) and 3 hours each of business law, economics and college math/computer science.|
|Exam Sitting Requirements||B.A. or within 18 semester hours of completing B.A|
|Experience Requirements||2-years in public accounting or, 3-years in private or government accounting. All experience shall include 500 hours of attest.|
|Ethics Exam||Must pass AICPA Professional Ethics Exam for initial licensure.|
Source: The American Institute of CPAs
CPA exam fees in Alaska
- Application Fee $175
- Auditing & Attestation $208
- Financial Accounting & Reporting $208
- Regulation $208
- Business Environment & Concepts $208
In order to become licensed by the state of Alaska as a CPA, candidates must pass all four parts of the CPA exam. In addition the application fee, registration fee of $85 is required each time a candidate sits for one or more sections of the test. There are no provisions for withdrawing from the exam and once the application or registration fees are paid they are considered non refundable.
Certifying and Professional Organizations
The Alaska Society of CPAs is a professional membership organization that provides assistance to members that includes continuing professional education as well as promoting cooperation with related professions.
The Alaska Board of Public Accountancy is a division of the Department of Commerce. Its function is to safeguard the public interest by ensuring that only qualified individuals are granted licenses as CPAs.
Alaska Board of Accountancy
PO Box 110806
Juneau, AK 99811-0806
Alaska CPA Education Foundation
401 Merritt 7
Norwalk, AK 06856-5116