Earning a CPA License in Iowa is a strategic step toward a rewarding accounting career in a state with a stable economy and growing demand for financial professionals. Certified Public Accountants (CPAs) in Iowa are essential in hubs like Des Moines, Cedar Rapids, and Iowa City, serving industries such as agriculture, insurance, and manufacturing. This article explores the career paths, salary expectations, and steps to obtain your CPA License in Iowa, optimized for aspiring accountants aiming to excel in the Hawkeye State.

Why Pursue a CPA License in Iowa?

Iowa’s economy is resilient, with steady job growth and a focus on agriculture, finance, and biotech, employing approximately 11,070 accountants and auditors. Projected 6% job growth through 2030 reflects strong demand amid national retirements and a CPA shortage, creating opportunities in public and private sectors. A CPA License in Iowa enhances credibility, unlocks senior roles, and boosts earning potential by 10-15% compared to non-certified accountants, making it vital for serving companies like Principal Financial and John Deere.

Career Opportunities for CPAs in Iowa

A CPA License in Iowa unlocks diverse career paths across key industries. Here are some prominent opportunities:

1. Public Accounting

CPAs in public firms provide auditing, tax preparation, and consulting services. Iowa hosts Big Four firms (Deloitte, EY, KPMG, PwC) in Des Moines, alongside regional firms like Gross & Company and Meriwether CPA, serving clients from startups to agribusiness giants.

2. Corporate Accounting

Many CPAs work in-house for Iowa-based companies, such as Principal Financial or Vermeer Corporation, managing financial reporting, budgeting, and compliance. These roles are prevalent in insurance, manufacturing, and agriculture.

3. Forensic Accounting

Forensic accountants investigate financial discrepancies and fraud, often collaborating with law firms or government agencies. This specialized field is growing in Iowa due to the state’s expanding business landscape.

4. Government and Nonprofit Roles

CPAs in Iowa’s government sector, such as the Department of Revenue, or nonprofit organizations ensure compliance and manage public funds, offering stability and mission-driven work.

5. Financial Advisory and Consulting

With a CPA License in Iowa, you can provide strategic financial advice, specializing in tax planning, risk management, or business consulting. These roles are lucrative in Des Moines’ financial hub.

6. Academia

CPA-licensed educators are sought after at universities like the University of Iowa due to faculty retirements and growing student interest in accounting.

Salary Expectations for CPAs in Iowa

A CPA License in Iowa significantly enhances earning potential. The average CPA salary in Iowa is approximately $84,245 per year, with top earners exceeding $104,846. Here’s a breakdown by experience and role:

  • Entry-Level CPAs: Starting salaries range from $55,000 to $70,000, with Big Four firms offering higher pay due to complex client portfolios.
  • Mid-Level CPAs (3-5 Years): CPAs with a few years of experience earn $75,000–$90,000, particularly in auditing or tax roles.
  • Senior-Level CPAs: Senior accountants or controllers with 6+ years of experience can earn $90,000 to $120,000, with controllers commanding higher salaries.
  • Executive Roles: Chief Financial Officers (CFOs), often CPAs, earn median salaries of $150,000 or more, with top earners exceeding $200,000 in metro areas like Des Moines.

Salaries are higher in metropolitan areas like Des Moines due to demand and cost of living. Specializations like forensic accounting can further increase earnings.

Requirements for a CPA License in Iowa

To earn a CPA License in Iowa, candidates must meet the requirements set by the Iowa Accountancy Examining Board. New legislation effective in 2025 introduces additional pathways. These include:

  1. Education: A bachelor’s degree with 120 semester hours to sit for the CPA Exam, including a concentration in accounting. For licensure, 150 semester hours total. New pathway (2025): Bachelor’s degree + 2 years of accounting work experience + passing the CPA Exam.
  2. CPA Exam: Pass all four sections of the Uniform CPA Exam (Auditing and Attestation, Financial Accounting and Reporting, Regulation, and one Discipline Exam) with a minimum score of 75 within 18 months.
  3. Work Experience: One year (2,000 hours) of full-time accounting experience under the supervision of a licensed CPA (traditional pathway).
  4. Ethics Exam: Pass the AICPA Professional Ethics Exam with a score of 90% or higher.
  5. Additional Requirements: Good moral character; no U.S. citizenship or state residency required. Submit transcripts and experience verification.

Maintaining Your CPA License in Iowa

To maintain a CPA License in Iowa, CPAs must renew annually by December 31 for a $150 fee and complete 80 hours of Continuing Professional Education (CPE) every two years, including 4 hours in ethics. The Iowa Society of CPAs (ISCPA) offers CPE resources and networking opportunities.

Why Now Is the Time to Earn Your CPA License in Iowa

Iowa’s accounting job market is projected to grow by 6% through 2030, with hundreds of openings amid retirements and economic stability in agriculture and finance. The new 2025 licensure pathway reduces barriers, making the CPA License in Iowa more accessible while technological advancements increase demand for skilled CPAs.

How to Get Started

  1. Verify Eligibility: Submit an education evaluation application ($90 fee) to NASBA to confirm exam eligibility.
  2. Prepare for the CPA Exam: Use review courses from providers like Becker or UWorld to prepare for the four-part exam.
  3. Gain Experience: Secure a qualifying position under a licensed CPA.
  4. Pass the Ethics Exam: Complete the AICPA Professional Ethics Exam.
  5. Apply for Licensure: Submit a license application through the Iowa Accountancy Examining Board after meeting all requirements.

For detailed guidance, visit dial.iowa.gov/about-dial/boards/accountancy or contact NASBA at (866) 350-0017.

Conclusion

A CPA License in Iowa is your gateway to diverse, high-paying career opportunities in the Hawkeye State’s resilient economy. With competitive salaries averaging $84,245, 6% job growth through 2030, and a new accessible pathway in 2025, now is the ideal time to pursue licensure amid a national shortage. From auditing in Des Moines’ insurance powerhouse to consulting for Cedar Rapids’ manufacturing leaders, this credential drives innovation and financial success. Start your journey today to unlock the full potential of a CPA License in Iowa and build a distinguished career in accounting!