2025 Pub. 7 Issue 1

NEBRASKA’S CPA CANDIDATES HAVE ONCE again proven their excellence on the national stage. According to the latest National Association of State Board of Accountancy (NASBA) Quarterly CPA Examination Report, the Cornhusker State ranks No. 1 in the nation in three key categories and No. 2 in the country in one key category for the fourth quarter of 2024: No. 1 in overall CPA Exam pass rate No. 1 in average CPA Exam scores across all sections No. 1 in core CPA Exam pass rates (AUD, FAR, REG) No. 2 in discipline CPA Exam pass rates (BAR, ISC, TCP) These outstanding rankings reflect the strength of Nebraska’s accounting education programs, the dedication of accounting educators and CPA candidates, and the support of firms and mentors who prepare future CPAs for success. A breakdown of key exam performance metrics includes: The overall pass rate stood at 62.5%. The pass rate among first-time candidates was 67.5%. The average score across all exam sections was 74.9. Candidates had an average age of 26.3 years. Those with bachelor’s degrees made up 57.4% of the exam takers, while 16.9% held advanced degrees. These results highlight the commitment of Nebraska’s accounting community in preparing candidates for the evolving CPA Exam, which introduced a new structure in 2024. The state’s high rankings demonstrate the effectiveness of education programs and training initiatives designed to help CPA candidates succeed. MODERNIZING CPA LICENSING WITH NEW ONLINE PORTALS To streamline the CPA licensing and the renewal process, the Nebraska Board of Public Accountancy has launched new online portals in collaboration with its IT partner, Certemy. These portals are designed to improve efficiency for initial permits, renewals, and Continuing Professional Education (CPE) reporting. The goal of the State Board is to continue enhancing these portals throughout this year as they are developed and released. To begin with, initial applications have been released. The new applications will provide for a seamless experience where CPAs can manage their accounts, track applications, and fulfill reporting requirements with ease. The State Board’s new Certemy platform will eventually allow CPAs to: Submit applications for initial CPA certificates and permits online. (Now available!) Track the status of renewals in real-time. Manage CPE reporting efficiently. The Nebraska Board of Public Accountancy administers public accountancy law in Nebraska. If you have questions or concerns regarding the State Board or CPA licensing, visit nbpa.nebraska.gov or contact State Board Executive Director Dan Sweetwood or State Board Administrator Kristen VanWinkle at (402) 471-3595 or dan.sweetwood@nebraska.gov or kristen.vanwinkle@nebraska.gov, respectively. STATE BOARD REPORT NEBRASKA LEADS NATION IN CPA EXAM PERFORMANCE BY DAN SWEETWOOD AND KRISTEN VANWINKLE, NEBRASKA BOARD OF PUBLIC ACCOUNTANCY 10 Nebraska CPA

RkJQdWJsaXNoZXIy MTg3NDExNQ==