Best Accounting Schools in South Dakota for 2025 – How to Become a CPA in SD

by Imed Bouchrika, Phd

Co-Founder and Chief Data Scientist

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Accounting plays a vital role in society, providing a framework for financial decision-making and ensuring transparency in business operations. It is a field that provides numerous career opportunities, playing an essential role in the effective functioning of any business entity. With the increasing complexity of finance and the evolving regulations in tax and compliance, there has been a growing need for well-educated and highly skilled accountants.

Accounting firms and institutions in major urban centers often come to mind when considering finance and accounting. However, it is essential to recognize the opportunities offered in less-populated states like South Dakota. In fact, the State boasts a diverse economic landscape that employs over 5,000 accountants and auditors (Projections Central, n.d.).

In this guide, we will explore accountancy as a profession and the top accounting schools in South Dakota. Our team of experts at Research.com has compiled this list to help aspiring accounting students choose the most suitable programs to pursue their careers.

Best Accounting Schools in South Dakota Table of Contents

1. Is accountant a good job in South Dakota?
2. What are the steps to becoming an accountant in South Dakota?
3. Accounting Program Length in South Dakota
4. Tuition and Costs of Accounting Programs in South Dakota
5. South Dakota Schools Offering Accounting Programs for 2025
6. What To Look For in an Accounting Program in South Dakota
7. Career Advancements for Accountants in South Dakota
8. How can additional certifications improve your career in accounting?
9. What are the licensing and regulatory requirements for accountants in South Dakota?
10. Technological Advances in Accounting Education and Practice in South Dakota
11. Networking Opportunities and Professional Organizations for Accountants in South Dakota
12. What are the alternative career paths for individuals who don't pursue accounting?
13. What emerging regulatory changes are reshaping South Dakota’s accounting profession?
14. How can healthcare career insights complement an accounting career in South Dakota?
15. How does urban development influence accounting opportunities in South Dakota?
16. How can professional mentorship and continuous learning drive career success in South Dakota?
17. How can forensic accounting boost financial integrity in South Dakota?
18. Is an Associate Degree a Viable Starting Point for Accountants in South Dakota?
19. How Can Medical Billing and Coding Skills Complement Accounting Practices in South Dakota?
20. What interdisciplinary skills can enhance your accounting career in South Dakota?

Is accountant a good job in South Dakota?

The field of accounting deals with the management, analysis, and reporting of financial data on businesses and other entities. In South Dakota, this profession boasts a strong demand for accountants with the State’s current economic landscape, varying from industries such as agriculture, tourism, manufacturing, and technology.

Job Opportunities

With businesses burgeoning, non-profits expanding, and government agencies continuously in operation, there is always a demand for professionals who can decipher financial statements, ensure regulatory compliance, and provide strategic financial insights. The employment of accountants and auditors is projected to grow by 10.9  percent from 2020 to 2030 (Projections Central, 2022).

In addition, the diverse economic sectors in South Dakota make it one of the best states to start an LLC. Hence, the presence of both large corporations and smaller businesses ensures a range of opportunities, further enhancing job security.

Cost of Living

One of the significant advantages of living in South Dakota is its relatively low cost of living. The cost of living in South Dakota is $1855, 1.11 times less expensive than the average in the United States (Livingcost.org). Housing, in particular, tends to be more affordable than the national average. Utilities, transportation, and healthcare are also generally more economical, allowing residents to stretch their dollars further.

What are the steps to becoming an accountant in South Dakota?

Becoming an accountant in South Dakota requires several steps to ensure candidates are prepared to serve the public and businesses with competence and integrity. Specific requirements may vary based on regulations and certifications, but the following are general steps for starting an accounting career in South Dakota:

1. Educational Qualifications. Begin by earning a bachelor’s degree from one of the accredited accounting schools in South Dakota. While most students choose accounting majors, some might opt for finance or business with a significant number of accounting courses. Aspiring South Dakota accounting professionals must complete 150 semester hours of college education. (Master in Accounting, n.d.).
2. Gain Practical Experience. To qualify for the CPA examination, you will need to accumulate several hours of practical experience to be eligible for the CPA exam. In South Dakota, candidates typically require 2,000 hours with at least 375 hours in compilation, audit, and review of experience under the supervision of a licensed CPA (Accounting Education, n.d).
3. Apply for Licensure. Once you have met the education, examination, and experience requirements, you can apply for CPA licensure through the South Dakota Board of Accountancy. The application involves submitting a form, providing documentation of your education and experience, and paying the necessary fees (South Dakota Board of Accountancy, n.d.).
4. Ensure Continuous Learning. Continuous learning is important in South Dakota (SD) accounting profession to stay updated with changing regulations, laws, and industry trends as mandated by the Administrative Rules of South Dakota (ARSD) Chapter 20:75:04 (South Dakota Legislature, n.d.)
5. Take Advanced Education. While a master’s or doctorate degree is not required to become an accountant or a CPA in South Dakota, some individuals may choose to pursue advanced education, such as taking an online master’s degree program to enhance their career prospects. Some CPAs also specialize in a specific area, like finance and bookkeeping, or pursue academic research and teaching opportunities.
6. Specialize. Depending on your interests and career goals, you might choose to specialize in a particular area of accounting, such as forensic accounting, tax, or audit. Specializations might require additional training and certifications, such as graduate certifications in business administration and finance.

Accounting Program Length in South Dakota

South Dakota offers a range of programs suited for everyone, from those just starting in the field to professionals aiming for advanced specialization. If you are interested in pursuing a career in accountancy in South Dakota, it is important to understand the program’s length and requirements.

1. Bachelor’s Degree. To become an accountant in South Dakota, you will need to obtain a bachelor’s degree in accounting or a related field. The program length for a bachelor’s degree in accounting is typically four years.  Aspiring South Dakota accounting professionals must complete 150 semester hours of college education. (Master in Accounting, n.d.).
2. CPA Exam. After completing the educational requirements, you will need to prepare for and pass the CPA Examination. The South Dakota Board of Accountancy administers the exam consisting of four sections: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (South Dakota Board of Accountancy, n.d.).
3. Professional Experience. In South Dakota, candidates typically require 2,000 hours with at least 375 hours in compilation, audit, and review of experience under the supervision of a licensed CPA (Accounting Education, n.d).
4. Continuing Professional Education. An active CPA certificate holder must comply with the 120-hour CPE requirement. CPAs must have at least 20 hours of continuing education annually, with at least 120 credited hours every three years (South Dakota Legislature, n.d.) Nowadays, CPAs are taking units from accounting schools online for convenience.

Tuition and Costs of Accounting Programs in South Dakota

Tuition fees associated with accountancy programs can vary widely based on several factors, including the specific institution, whether it is public or private, resident and non-resident status, and the level of the program.

The average tuition fee for in-state students attending public universities in South Dakota is $9,012, while non-residents usually pay a higher tuition fee of $12,929. Meanwhile, tuition at private institutions tends to be higher, with an average of $26,740 (National Center for Education Statistics, 2022).

South Dakota Schools Offering Accounting Programs for 2025

According to data from the National Center for Education Statistics (2022), South Dakota higher learning institutions enrolled a total of 67,050 postsecondary students from the school year 2020 to 2021, including accountancy. As such, our Research.com team ranked the top accounting schools in South Dakota based on cost, variety of courses and specializations offered, and the career outcomes of graduates. The following accounting schools in South Dakota offer extensive training to students.

University of South Dakota

As one of the flagship universities in the state, the University of South Dakota (USD) accounting program offers a comprehensive foundation in accounting principles through its Division of Accounting and Finance. The program aims to prepare students for successful financial careers by providing them with hands-on experience both inside and outside the classroom.

1. Program duration: One to two years
2. Areas of concentration: Professional Accounting and Business Administration
3. Cost per unit: $259.10 total per credit hour cost
4. Units needed to graduate: 30 units
5. Accreditation: Association to Advance Collegiate Schools of Business

Augustana University

Augustana University is one of the accounting schools in South Dakota that offers both undergraduate and graduate programs in accountancy. The accounting majors of the university prepare students to excel in private, government, corporate, and nonprofit areas with a broad knowledge of business practices. The required business courses strengthen the understanding of students in the business environment and provide a foundation for success in the accounting profession.

1. Program duration: Four to five years
2. Areas of concentration: Professional Accounting
3. Cost per unit: $560 per unit
4. Units needed to graduate: 150 units
5. Accreditation: Higher Learning Commission

Northern State University

Northern State University is one of the accounting schools in South Dakota that offers a comprehensive accounting program for students interested in pursuing a degree in business administration and accounting. Northern State University’s School of Business provides a range of degrees, including accounting, banking and financial services, business, economics, international business, and management.

1. Program duration: Four years
2. Areas of concentration: Professional Accounting and Accounting Analytics
3. Cost per unit: $316.74 per unit
4. Units needed to graduate: 120 units
5. Accreditation: Accreditation Council for Business Schools and Programs

Dakota State University

Dakota State University offers a degree in accounting designed to provide students with a high-quality, technology-infused education in a supportive learning environment that encompasses exemplary teaching and service. The program’s emphasis on technology and analytical skills, combined with its supportive learning environment, makes it an excellent choice for students interested in pursuing a career in accounting.

1. Program duration: Four years
2. Areas of concentration: Professional Accounting and Business Administration
3. Cost per unit: $294.50 (in-state) or $397.90 (out-of-state)
4. Units needed to graduate: 150 units
5. Accreditation: Accreditation Council for Business Schools and Programs

University of Sioux Falls

The University of Sioux Falls is one of the accounting schools in South Dakota that provides programs in Accounting and Business Administration. The university offers a foundation in business principles and prepares them for careers in accounting and related fields. The university emphasizes the use of technology in its business programs, providing students with a technology-infused education for the evolving landscape of the business world.

1. Program duration: Two years to five years
2. Areas of concentration: Professional Accounting and Business Administration
3. Cost per unit: $387
4. Units needed to graduate: 180 units
5. Accreditation: International Accreditation Council for Business Education

What To Look For in an Accounting Program in South Dakota

According to Accounting.com (2023), the average salary of accountants and auditors in South Dakota is $70,190.  Embarking on an accounting career is a decision that promises both stability and opportunities for growth. When looking for an accounting program in South Dakota, there are several factors to consider:

Curriculum

The curriculum of accounting schools in South Dakota serves as the foundation for a student’s educational journey. It defines what students will learn, the skills they will acquire, and the expertise they will develop. A well-structured curriculum ensures that students gain a comprehensive understanding of the core principles and practices in the accounting field. This foundation is critical for later specialization and more advanced courses.

In addition, a modern accounting curriculum from accounting schools in South Dakota has incorporated contemporary industry trends, tools, and technologies. Hence, cybersecurity, data analytics, and digital finance become increasingly relevant as the finance industry becomes more digital and interconnected.

Accreditation

Accreditation is a process where an external body evaluates a program or institution to ensure it meets and maintains quality educational standards. When an accountancy program is accredited, it signifies that the curriculum, faculty, resources, and student outcomes meet the expectations set by the accrediting body. In the state, there are six accrediting agencies recognized by the State’s Board of Accountancy (South Dakota Board of Accountancy, n.d.).

Career Advancements for Accountants in South Dakota

Accountants in South Dakota can pursue several career advancements as they gain experience, further qualifications, and specialized skills. Some key career paths include:

• Entry-Level to Senior Accountant: Starting with basic accounting tasks, professionals can quickly move to senior positions in accounting and auditing after gaining relevant experience.
• Management Roles: With experience, accountants can transition to roles like Accounting Manager, Financial Controller, or Audit Manager, overseeing teams and larger projects.
• Certifications for Growth: Acquiring certifications such as CPA (Certified Public Accountant) or CMA (Certified Management Accountant) significantly boosts career opportunities and credibility.
• Executive Positions: Highly experienced accountants can advance to executive roles, including Chief Financial Officer (CFO) or Finance Director, where they manage entire financial operations.
• Specialization for Leadership: Specializing in industries like agriculture, healthcare, or energy opens up opportunities for leadership roles within these sectors, managing complex financial systems.

How can additional certifications improve your career in accounting?

For accounting professionals in South Dakota, obtaining specialized certifications is a great way to improve career prospects and increase earning potential. One such certification is the accounting graduate certificate, which can provide advanced knowledge in specific areas of accounting without the time commitment of a full master's degree.

Graduate certificates focus on specialized areas such as taxation, forensic accounting, or management accounting, helping professionals gain expertise that sets them apart in a competitive job market. Many accountants choose to pursue a graduate certificate after completing their bachelor’s degree, particularly if they want to move into niche roles like tax advisor or forensic accountant, where additional skills are essential.

In South Dakota, where industries such as agriculture, healthcare, and manufacturing are prominent, a graduate certificate can help accountants cater to specific sector needs, offering enhanced career opportunities. These certifications can also make professionals more attractive to employers looking for expertise in complex areas of accounting or finance.

In addition to the immediate career benefits, advanced certifications like an accounting graduate certificate can open doors for leadership positions, consulting roles, or opportunities in higher education. As the accounting profession continues to evolve with new technologies and regulations, obtaining certifications will help ensure that your skills remain relevant and competitive in the workforce.

What are the licensing and regulatory requirements for accountants in South Dakota?

In South Dakota, aspiring accountants must meet strict standards set by the State Board of Accountancy to ensure professional integrity and public trust. Candidates are required to complete an accredited education program, which can be expedited through an accelerated accounting degree, before sitting for the Uniform CPA Examination. In addition to passing the exam, applicants must fulfill relevant work experience requirements and adhere to ongoing continuing professional education mandates to maintain licensure. These measures are designed to preserve a high level of proficiency and ethical conduct within the profession.

Technological Advances in Accounting Education and Practice in South Dakota

As the field of accounting continues to evolve rapidly with technological advancements, accounting programs in South Dakota are integrating cutting-edge technologies into their curriculums to prepare students for the modern workforce. This adaptation ensures that graduates are not only proficient in traditional accounting practices but are also skilled in using advanced tools that enhance accuracy and efficiency.

• Adoption of Automation and AI: Many accounting tasks that were traditionally done manually are now being automated using artificial intelligence and machine learning. Accounting schools in South Dakota are teaching students how to work with AI-driven accounting software and robotic process automation tools to streamline processes such as data entry, compliance checks, and even complex financial analyses.
• Blockchain Technology: With the increasing importance of blockchain in financial transparency and fraud prevention, accounting programs are incorporating courses that cover the application of blockchain technology in maintaining immutable ledgers and performing real-time audits.
• Data Analytics and Big Data: The ability to analyze large datasets is becoming a crucial skill for accountants. South Dakota's accounting schools are offering specialized courses in data analytics, enabling students to gain insights into financial trends and improve decision-making processes with predictive analytics.
• Cybersecurity in Accounting: As financial data becomes increasingly digital, the risk of cyber threats grows. Recognizing this, accounting programs are stressing the importance of cybersecurity measures, teaching students about secure data management practices and the legal implications of data breaches.
• Cloud Computing: Cloud-based accounting solutions are taught, focusing on how they allow accountants and clients to access data securely from anywhere, facilitating more flexible work arrangements and collaboration.

For students or professionals looking to further their education in accounting with the flexibility to study from anywhere, online accounting programs are available. These programs adapt these technological advances into their curriculums, ensuring that graduates are well-equipped to handle the future demands of the accounting profession.

By embracing these technological trends, South Dakota's accounting education providers are ensuring that their graduates are competitive in the job market and capable of handling the complexities of modern financial environments.

Networking Opportunities and Professional Organizations for Accountants in South Dakota

Building a strong professional network is a vital step for accountants aiming to succeed in South Dakota's financial ecosystem. Joining professional associations and attending industry events can significantly enhance career prospects by providing access to mentorship, peer support, and job opportunities.

One notable organization is the South Dakota CPA Society (SDCPAS), which offers resources including continuing education, professional development workshops, and networking events tailored for accounting professionals in the state. Membership in such organizations not only helps in staying updated with industry trends but also fosters connections with seasoned professionals and hiring managers.

Another valuable opportunity lies in academic affiliations during and after your accounting education. Universities like the University of South Dakota and Augustana University often collaborate with local business communities to host career fairs, employer panels, and alumni events. Enrolling in programs from some of the best business schools in South Dakota can provide additional access to such initiatives.

Expanding your network can also include attending conferences, such as the AICPA Engage Conference or niche accounting forums focused on sectors dominant in South Dakota, like agriculture or manufacturing. Active participation in these events can boost visibility and demonstrate your commitment to professional growth, ultimately paving the way for advanced career opportunities in the state’s thriving economic sectors.

What are the alternative career paths for individuals who don't pursue accounting?

For individuals who decide not to pursue a career in accounting, there are various alternative paths to consider. One such option is to become an educator, where they can share their knowledge and skills with others. For those interested in teaching, they can explore the requirements to become an elementary school teacher requirements in South Dakota or pursue other roles in education. Additionally, individuals with strong analytical and problem-solving skills can consider careers in fields like finance, management, or consulting, where they can apply their expertise to drive business growth and success. By exploring these alternative career paths, individuals can leverage their skills and interests to find fulfilling and challenging roles that align with their goals and aspirations.

What emerging regulatory changes are reshaping South Dakota’s accounting profession?

South Dakota’s accounting landscape is evolving with updates in state-specific regulations and enhanced compliance standards. Accountants must stay informed on emerging policy shifts that influence licensing, ethical practices, and audit procedures. Monitoring these developments can inform strategies for professional growth and ensure adherence to evolving frameworks such as CPA requirements in South Dakota. This proactive approach enables professionals to align their skills with anticipated changes and seize opportunities in a competitive market.

How can healthcare career insights complement an accounting career in South Dakota?

Accounting professionals can benefit from examining the financial methodologies and regulatory frameworks prevalent in the healthcare sector. By analyzing cost structures, risk management practices, and compliance measures within healthcare institutions, accountants may discover innovative approaches to budgeting, forecasting, and internal controls. This cross-industry perspective can also highlight emerging niches in healthcare consulting and financial advisory services, offering accountants an opportunity to diversify their expertise. For comparative insights into a healthcare career pathway, explore how to become a nurse practitioner in South Dakota.

How does urban development influence accounting opportunities in South Dakota?

Urban development initiatives are reshaping South Dakota’s economic landscape, prompting a closer examination of how infrastructure improvements and regional growth drive new financial services needs. Accountants can capitalize on these trends by offering specialized advisory services that align with municipal projects and private investments. Detailed knowledge of urban planning, combined with robust financial acumen, enables professionals to facilitate strategic resource allocation and risk management as communities expand. For a perspective on integrating urban planning with your financial expertise, explore how to become an urban planner in South Dakota.

How can professional mentorship and continuous learning drive career success in South Dakota?

Embracing formal mentorship and continuous learning is essential for accountants seeking to navigate the evolving financial landscape in South Dakota. Structured mentorship programs paired with targeted continuing education courses facilitate the development of advanced technical acumen and critical soft skills such as strategic decision-making and effective communication. These initiatives enable professionals to stay current with regulatory updates and innovative financial technologies, while also broadening their perspective through cross-industry insights. Accountants who invest in these growth opportunities can position themselves as trusted advisors and industry leaders. Additionally, individuals interested in combining educational expertise with financial skills can explore resources on how to become a high school math teacher in South Dakota.

How can forensic accounting boost financial integrity in South Dakota?

Forensic accounting expertise offers a strategic advantage by incorporating specialized fraud detection and risk management techniques into financial practices. This approach not only supports compliance with evolving regulatory standards but also enhances operational transparency and stakeholder confidence. Professionals can diversify their skill sets by pursuing advanced investigative methods and integrating data analytics to identify financial discrepancies at an early stage. Those seeking to build these competencies may consider obtaining a forensic science degree in South Dakota, which provides rigorous training and practical insights for combating financial irregularities effectively.

Is an Associate Degree a Viable Starting Point for Accountants in South Dakota?

The associate degree offers a concise curriculum that equips aspiring accountants with essential skills and a practical understanding of financial principles. This credential provides a cost-effective, targeted education that can lead to entry-level roles and serve as a foundation for advanced certifications and growth opportunities in South Dakota's diverse economic landscape. For a clearer perspective on how accessible this pathway is, consider reading our article Is associate in accounting easy? to help align with your career objectives.

How Can Medical Billing and Coding Skills Complement Accounting Practices in South Dakota?

Integrating medical billing and coding expertise with accounting practices can offer specialized insights into healthcare financial management. This interdisciplinary approach equips professionals to manage complex billing cycles, optimize revenue streams, and ensure compliance with industry regulations within healthcare settings. Such skills allow accountants to collaborate more effectively with healthcare providers, streamline financial processes, and improve overall fiscal transparency. Additionally, embracing these specialized abilities can open pathways to roles that bridge both finance and healthcare sectors, reinforcing a competitive advantage in South Dakota’s evolving economic landscape. For more details on combining these skill sets, refer to how to be a medical coder in South Dakota.

What interdisciplinary skills can enhance your accounting career in South Dakota?

Expanding beyond technical accounting competencies by integrating interdisciplinary skills can significantly elevate your professional growth. Leveraging expertise in strategic communication, leadership, and educational techniques empowers accountants to mentor teams, simplify complex financial data for diverse audiences, and lead organizational training initiatives. For instance, exploring areas such as the principles outlined in what degree do you need to be a teacher in South Dakota can refine your ability to present information effectively and foster continuous professional development. Adopting these complementary skills creates a distinctive value proposition that enhances client engagements, internal knowledge sharing, and industry networking within South Dakota’s evolving economic landscape.

Become a Successful Accountant in South Dakota

The financial health and stability of both businesses and individuals hinge on accurate and transparent accounting. As such, accountants play an integral role in enabling decision-makers to understand their financial position, ensuring compliance with tax regulations, and aiding in financial planning for the future.

An accounting career offers job stability, a competitive salary, and versatility across sectors that can lead to various business and finance prospects. In South Dakota, the role of an accountant transcends numbers, as the profession builds communities, supports local businesses, and fortifies the economic backbone of the state.

References:

1. Accounting.com (24 January 2023). Accounting Degrees in South Dakota. https://www.accounting.com/states/south-dakota
2. Accounting Education (n.d.) South Dakota CPA Exam & License Requirements 2023. https://www.accounting-education.org/cpa-requirements/south-dakota
3. Living Cost (n.d.) Cost of Living in South Dakota. https://livingcost.org/cost/united-states/sd
4. Master in Accounting (n.d.) Accounting Schools in South Dakota. https://www.mastersinaccounting.info/south-dakota
5. National Center for Education Statistics, (2022 February). Integrated Postsecondary Education Data System. https://nces.ed.gov/programs/digest/d21/tables/dt21_330.20.asp
6. National Center for Education Statistics (n.d.). Integrated Postsecondary Education Data System, 12-month Enrollment component 2019-20 provisional data. https://nces.ed.gov/ipeds/TrendGenerator/app/build-table/2/2?rid=6&cid=5
7. Projections Central. (n.d.) Long-Term Occupational Projections. https://projectionscentral.org/Projections/LongTerm?AreaName=&AreaNameSelect%5B%5D=46&Name=&NameSelect%5B%5D=1&items_per_page=10
8. South Dakota Board of Accountancy (n.d.) Board Recognized Schools. https://dlr.sd.gov/accountancy/board_recognized_schools.aspx
9. South Dakota Board of Accountancy (n.d.). Certified Public Accountant (CPA) Examination. https://dlr.sd.gov/accountancy/cpa_exam.aspx
10. U.S. Bureau of Labor and Statistics (8 September 2022). Accountants and Auditors. https://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm