A major economic hub of the Midwest, Michigan is home to 17 Fortune 500 companies, including major names like GM, Ford, Down Chemical, and Kellogg. The state's diverse economy – including automobile production, natural resources, and research and development – has led to a high demand for CPAs, and Michigan employs more than 30,000 accountants and auditors. Jobs for accountants are also projected to increase by 9.4% from 2016 to 2026. All four of the major international accounting firms (Deloitte & Touche, KPMG, PricewaterhouseCoopers, and Ernst & Young) have offices located in Detroit, and some of the Midwest's largest independent firms are also based in the state, including Plante Moran, Sikich, and Doeren Mayhew.

Michigan at a glance

Population 9,962,311
Per Capita Income $26,613
Unemployment Rate 4%
Fortune 500 Companies 20
Licensed CPA Firms 1,547

Accounting Programs in Michigan

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

Accounting Salaries and Employment

Any Michigan resident interested in becoming a CPA can look forward to earning between $37,050 and $109,930 annually depending on their licensure, speciality and degree level. Major firms headquartered in Michigan, including Plante Moran, Rehmann, Doeren Mayhew and Yeo & Yeo generate an average of $150 million in annual revenue combined (Plante Moran is at the top, earning $411.32 million in 2014). The best cities for accountants and auditors in the state to find work in are Saginaw, Flint, the Detroit area and the Warren-Troy-Farmington Hills area.

Projected Job Growth for Accountants

32,300 Employees2016
38,360 Employees2026
Michigan 15.8% increase
1,397,700 Employees2016
1,537,600 Employees2026
United States 9.1% increase
Source: Bureau of Labor Statistics OES - State Employment Survey

Accounting Salaries by Specialty

Michigan Avg. Annual Wage United States Avg. Annual Wage

Associate Degree Recommended

Bookkeeping and Auditing Clerks

\ $38,770

Payroll Clerks

\ $42,500

Credit Counselors

\ $49,710

Bachelor's Degree Recommended

Cost Estimators

\ $64,450

Tax Examiners and Collectors

\ $71,400

Master's Degree Recommended

Accountants and Auditors

\ $75,650

Budget Analysts

\ $78,230

Personal Financial Advisors

\ $114,210

Financial Managers

\ $125,670
Source: BLS OES - Industry Profile

Top-paying cities for accountants

  1. Warren-Troy-Farmington Hills Metropolitan Division
  2. Detroit-Warren-Dearborn
  3. Jackson
  4. Detroit-Dearborn-Livonia Metropolitan Division
  5. Ann Arbor
Source: Bureau of Labor Statistics OES - State Employment Survey

Major firms headquartered in Michigan

Count Firm Location 2014 Revenue (in millions)
1 Plante Moran Southfield, MI $465
2 Rehmann Saginaw, MI $116
3 Doeren Mayhew Troy, MI $61
4 Yeo & Yeo Saginaw, MI $31
5 Maner Costerisan Lansing, MI $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 and Regional Leaders"

Becoming a certified public accountant (CPA) in Michigan

Those interested in sitting for the Uniform CPA Exam in the state of Michigan administered by NASBA must meet the requirements listed below. Along with initial public accounting certification, Michigan supports reciprocal licensure.

Any aspiring CPAs who are not able to successfully pass all four sections of the exam on their first try are allowed to apply to take the full exam or the necessary sections again – a typical procedure due the exam's complexity. All four sections must receive a passing score of 75 within 18 months. Organized below is a list of Michigan schools ranked by their CPA Pass Rates from 2014.

Eligibility for CPA Licensure in Michigan

In order to be eligible for CPA licensure in Michigan, candidates need to meet the qualifications listed below.

  • Meet the education requirements including
    1. 30 undergraduate semester hours in accounting courses
    2. 12 graduate semester hours in accounting or business
  • Have completed at least 150 semester hours of college education, including a baccalaureate degree OR have 120 semester hours completed within 30 days after the candidate takes the first exam section
  • Pass the Uniform CPA exam
  • Complete the 1 year of experience required

There is no ethics exam or residency requirement for CPAs in the state of Michigan.

Age Requirement N/A
Citizenship Requirement No
Residency Requirement No
Social Security # Requirement Yes
Education Requirement for Licensure Bachelor's degree (150 hours)
Participates in International Programs Yes
Hours in Accounting 24 semester hours
Exam Sitting Requirements 120 hours
Experience Requirements 1 year of accounting experience
Ethics Exam N/A

Any applicants who have previously applied for the CPA Examination outside of NASBA's online application tool will need to import their previous application information. This will require their Jurisdiction ID number of the region they first took the exam in, which can be found here.

Source: The American Institute of CPAs

CPA exam fees in Michigan

  • Application Fee $147
  • Auditing & Attestation $208
  • Financial Accounting & Reporting $208
  • Regulation $208
  • Business Environment & Concepts $208

Special Fees: The State Board of Accountancy has an application processing fee of $100 as well as an annual license fee for firms and individuals of $100. A reciprocity fee of $100 and/or a temporary permit fee of $100 may be applicable. A registration fee applies in addition to the application fee, and varies depending on the number of sections an individual is taking. The registration fee for all four sections is $117, for three sections is $99, for two sections is $81, for one section is $63.

Certifying and Professional Organizations

The Michigan State Board of Accountancy is the branch of the Department of Licensing and Regulatory Affairs responsible for the certification, licensure and regulation of certified public accountants and firms. Providing online services, continuing education and testing are further responsibilities of the Board, working congruently with NASBA.

Licensed, certified and aspiring CPAs may join the Michigan Association of CPAs in order to benefit from the resources, networking and employment opportunities the statewide professional organization offers. Comprised of 17,500 members, the MICPA represent CPAs working in all sectors – business, education, government and public accounting – by promoting and enhancing the value of professional accounting.

Michigan State Board of Accountancy


P.O. Box 30018
Lansing, MI 48909

Phone Number

(517) 241-8205

The Michigan Association of CPAs


5480 Corporate Dr. Ste. 200
Troy, MI 48098

Phone Number

(248) 267-3752