New Mexico CPA Exam & License Requirements

CPA Review Courses Updated: September 1, 2020 You’re our #1 priority.
100% of the time.

We believe everybody should be able to make online purchases with confidence. And while our website doesn’t feature every test prep company or review course in the universe, we’re proud that the advice we offer and the information we provide is accurate, truthful, objective - and entirely free.

So how do we actually make money? It’s simple, our partners compensate us. While this may influence which products we review and write about, and where they show up on the site, it absolutely does not influence our recommendations or guidance, which are formed by hundreds of hours of research and analysis. Check out our partners here.

What’s the bottom line? We’re on your team and are passionate about helping you achieve your career goals, even if it means we don’t make a dime.

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:

  1. Minimum age: 18
  2. U.S. Residency NOT Required
  3. State Residency NOT required

Education Requirements

  1. Bachelor degree or higher
  2. 30 semester units of accounting courses; 3 of which can come from a Business Law course

NM CPA License Requirements

Education

  • 150 semester hours from a regionally accredited educational institution

Work Experience

  • 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

Ethics Exam

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

  1. Pass all 4 sections of the CPA exam with a score of 75% or higher
  2. Complete verified accounting work experience
  3. Pass AICPA Ethics Exam
  4. Fill out and submit all required CPA license application paperwork
  5. Pay the CPA license application fee

NM Exam Information and Resources

New Mexico CPA Exam CandidatesNew Mexico CPA License FAQ

NM CPA Examination

For more details, please contact:

New Mexico Public Accountancy Board

5200 Oakland NE, Suite D
Albuquerque, NM 87113
Email: [email protected][email protected]
Phone: 505-222-9850
Fax: 505-222-9855

What’s Next?

Now that you have started the CPA exam application process, your next step is to find the right CPA review course that best fits your budget, learning style and schedule.

It can take several weeks for your application to be processed so don’t waste that valuable time waiting to hear back from your state board.  If you start studying now you will get a nice jump start on the material and will be better prepared to pass your first CPA exam!