Iowa Accountancy Examining Board
Summary of Requirements
Licensed Public Accountant Examination

An applicant to take the examination must meet the following requirement:

• Be a resident of Iowa, have a place of business in Iowa, or as an employee be regularly employed in Iowa.

An applicant must meet at least one of the following guidelines:

• Two or more years actual experience in practice as an Licensed Public Accountant as an employee of an Licensed Public Accountant or Certified Public Accountant.
  
  
• Employed for at least twenty-four months prior to July 1, 1975 by the United States Government, by this state, or by a political subdivision of this state in an accounting or auditing position for which an examination in accounting knowledge or qualifying education or experience in the practice as an accounting prctitioner was required.
  
  
• Graduate of a four-year college or university accredited by north central accreditation association or other regional accreditation association having equivalent standards, with a major in accounting.
  
  
• Graduate in accountancy from a business or correspondence school accredited by the accrediting commission of the national home study council.
  
  
• Evidence of five years of continuous experience engaged in performing any of the following services:
  • a. The recording of financial transactions in books of record
  • b. The making of adjustments of such transactions in books of record.
  • c. The making of trial balances from books of record.
  • d. Internal verification and analysis of books or accounts of original entry.
  • e. The preparation of financial statements, schedules or reports.
  • f. The devising and installing of systems or methods of bookkeeping, internal controls of financial data, or the recording of financial data.

Information on the LPA Examinations: The LPA Examination dates are the first Friday in May and December of each year. Examinations are ordinarily held in May and December of each year, and all applications to take the examinations must be filed during the period of January 1 to March 31 for the May examination, and during the period of July 1 to September 30 for the December examination. Applications will not be considered as filed until they are complete in all respects.Applications shall be deemed filed on the date received by the board or, if mailed, the date postmarked, but not the date metered, whichever is earlier. Late applications will not be accepted.

For application or additional information, contact:
Iowa Accountancy Examining Board
Bill Schroeder, Executive Officer
1920SE Hulsizer Road
Ankeny, IA 50021
phone: 515-281-5910 / fax: 515-281-7411
www.iacpa.org/public/iaeb.asp