Accounting Degrees in Nebraska
Nebraska is known for being one of the larger agricultural producers in the United States, but diverse industries including insurance, telecommunications, information technology, and freight transport also drive its economy. The state is home to two Fortune 500 companies: Berkshire Hathaway, the multinational holding company led by Warren Buffett, and Union Pacific, which operates the largest railroad system in the country. Nebraska employs 8,700 accountants, and the number is expected to grow by more than 15% through 2024. Two of the largest financial firms in the Midwest, Lutz & Co. and Seim Johnson, are based in Nebraska, both in Omaha. Omaha and Lincoln generally offer the most lucrative employment opportunities to financial services specialists like accountants and auditors.
Nebraska at a glance
|Per Capita Income||$27,446|
|Fortune 500 Companies||2|
|Licensed CPA Firms||327|
Accounting Programs in Nebraska
Search our comprehensive school directory to explore the accounting programs in Nebraska, including campus-based, online and hybrid programs.
- Degree Levels
Accounting Salaries and Employment
Three of the “Big Four” international CPA firms maintain offices in Omaha: Deloitte & Touche, Ernst & Young and KPMG. Individual CPAs and smaller firms are abundant in both Omaha and Lincoln.
Between 2012 and 2022 the Bureau of Labor Statistics projects the number of positions for accountants and auditors in Nebraska to grow by 13.4%, a . According to these BLS estimates, the state will have over 11,000 accounting and auditing positions by 2022, making Nebraska an attractive choice for prospective and currently licensed CPAs.
Wages for for accounting specialists in Nebraska start at about $33,000 per year for bookkeeping and auditing clerks and top out at about $135,000 for financial managers.
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
- Omaha-Council Bluffs, NE-IA$69,240
- Lincoln, NE$63,160
Major firms headquartered in Nebraska
|Count||Firm||Location||2014 Revenue (in millions)|
|1||Lutz &Co.||Omaha, NE||$29|
|2||Seim Johnson||Omaha, NE||$16|
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 Nebraska
To become a CPA in the state of Nebraska, you must first become a resident of the state. Once residency is established, you must find employment with one of the registered firms within the state, or apply to the Nebraska Board of Public Accountancy to establish your own practice.
The rules and regulations for CPAs new to Nebraska are relatively stable at the moment. The state’s Board of Public Accountancy website is a comprehensive resource that should be used by CPAs contemplating a move to Nebraska. The site lists all rules and regulations for accounting practices, as well as annual procedural updates. Moreover, all necessary steps to becoming licensed in the state are clearly laid out and easy to follow.
Eligibility for CPA Licensure in Nebraska
Once residency and credentials are verified, candidates must take the CPA exam. The exam is administered by the National Association of State Boards of Accountancy, and differs from state to state.
Nebraska suggests all CPA candidates take the exam tutorial before embarking on the actual exam, even if candidates have prior education and experience. The state works closely with CPA Examination Services (CPAES), a division of the National Association of State Boards of Accountancy (NASBA), to ensure that candidates are fully prepared to take the exam and become licensed. All pertinent information is present, along with easily accessible links, on the Nebraska Board of Public Accountancy’s site.
|Social Security # Requirement||Yes|
|Education Requirement for Licensure||150 hours (including B.A.)|
|Participates in International Programs||Yes|
|Hours in Accounting||30 semester hours or equivalent quarter hours in accounting beyond principles of accounting|
|Exam Sitting Requirements||150 hours (must complete education requirement prior to sitting for exam)|
|Experience Requirements||2 years of public accounting experience or 3 years of auditing experience in the Dept. of Revenue or in the Office of the Auditor of Public Accounts or 3 1/2 years gained through employment by the federal government as a special agent or IRS agent.|
|Ethics Exam||Must pass AICPA Professional Ethics Exam for initial licensure|
Transcripts from all postsecondary institutions must be sent directly to the Nebraska Board of Public Accountancy. Foreign candidates’ transcripts will be evaluated for equivalency to U.S. candidate requirements.Source: The American Institute of CPAs
CPA exam fees in Nebraska
- Application Fee $165
- Auditing & Attestation $208
- Financial Accounting & Reporting $208
- Regulation $208
- Business Environment & Concepts $268
There is a $75.00 registration fee for each of the above listed exam sections.
Certifying and Professional Organizations
The Nebraska Board of Public Accountancy is the state agency that oversees licensure and registration of accountants working within the state. The agency’s Web site is a valuable resource for information about becoming a licensed accountant in the state, as well as educational requirements and testing. The board is also responsible for dealing with accountants and firms that fail to adhere to the state’s legal guidelines.
The Nebraska Society of CPAs maintains professional standards, encourages continuing education among its members, and ensures that all members represent their profession with the utmost in knowledge and performance.
Contact information for both organizations is listed below.
Nebraska Board of Public Accountancy
1526 K Street, Suite 410
Lincoln, NE 68508