New Mexico requires 150 credit hours to earn a CPA license, however you may sit for the CPA exam after earning your bachelor’s degree along with the required accounting courses. The work experience requirements are pretty standard and require 1 year of public or non-public accounting verified by an active US CPA.
To be eligible to sit for the CPA exam students must first fulfill these qualifications and requirements:
- Minimum age: 18
- U.S. Residency NOT Required
- State Residency NOT required
- Bachelor degree or higher
- 30 semester units of accounting courses; 3 of which can come from a Business Law course
NM CPA License Requirements
- 150 semester hours from a regionally accredited educational institution
- 1 year of public or non-public accounting experience supervised and verified by an actively licensed United States CPA
- Chartered accountants from outside the US are not eligible for verification
- Passing of the AICPA ethics exam
- Cost of course is $149 or $119 for AICPA members
New Mexico CPA Exam Fees
The cost to take all four sections of the CPA exam in New Mexico is $743 plus the initial $155 application fee. The re-examination registration fee varies depending on the number of sections you are signing up for.
**Important Note: You should not apply and pay for exam sections that will not be taken within six months because your Notice to Schedule (NTS) in New Mexico expires 6 months after issuance.
Additional CPA Requirements
- Pass all 4 sections of the CPA exam with a score of 75% or higher
- Complete verified accounting work experience
- Pass AICPA Ethics Exam
- Fill out and submit all required CPA license application paperwork
- Pay the CPA license application fee
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