Introduction

The smallest state in the country by population, Wyoming is also the second-smallest economy, with a GDP of just $37.9 billion. It may be small, but Wyoming plays an important role in the region, with major industries in agriculture, tourism, and mineral and energy extraction (including coal and natural gas). Wyoming is unique in that its economy is based almost entirely around these three industries, with other fields making only small contributions to overall GDP. This lack of economic diversity may play a role in the lower demand for accounting professionals: the state employs around 1,800 accountants and auditors in total, and job openings are expected to increase by just 9.3% through 2026, which is slightly lower than the national average.

Wyoming at a glance

Population 579,315
Per Capita Income $29,698
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: Bureau of Labor Statistics OES - State Employment Survey

Accounting Salaries by Specialty

Wyoming Avg. Annual Wage United States Avg. Annual Wage

Associate Degree Recommended

Bookkeeping and Auditing Clerks

\ $38,710
$41,110

Payroll Clerks

\ $43,090
$44,950

Credit Counselors

\ $39,850
$49,460

Bachelor's Degree Recommended

Cost Estimators

\ $70,800
$68,420

Master's Degree Recommended

Accountants and Auditors

\ $67,510
$77,920

Budget Analysts

\ $68,020
$77,170

Personal Financial Advisors

\ $118,620
$109,949

Financial Managers

\ $109,170
$143,530
Source: BLS OES - Industry Profile

Top-paying cities for accountants

  1. Casper
    $88,250
  2. Northwest Wyoming nonmetropolitan area
    $71,530
  3. Southwest Wyoming nonmetropolitan area
    $67,850
  4. Northeast Wyoming nonmetropolitan area
    $60,630
  5. Cheyenne
    $60,390
Source: Bureau of Labor Statistics OES - State Employment Survey

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 LicensureBachelor's degree (150 hours)
Participates in International ProgramsYes
Hours in Accounting24 semester hours
Exam Sitting Requirements150 hours
Experience Requirements1 year of accounting experience
Ethics ExamAICPA Ethics Exam

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:$942
  • Application Fee $110
  • Auditing & Attestation $208
  • Financial Accounting & Reporting $208
  • Regulation $208
  • Business Environment & Concepts $208

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.

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

[email protected]