Texas CPA Exam & License Requirements

Texas CPA license requirements are fairly straightforward and require 150 semester units along with 1 year of qualifying work experience. The AICPA ethics exam that is typically required by most states is replaced by a four hour ethics class and the Texas Code of Professional Conduct exam.

To be eligible to sit for the CPA exam students must first fulfill these qualifications and requirements:

1. Minimum age NOT required
2. Bachelor’s degree or higher
3. US Citizenship NOT required to take exam
4. Residency NOT required

Education Requirements

150 semester units from an accredited university or educational institution:

1. Accounting: 30 semester units (upper division)
2. Business: 21 semester units
3. Ethics: 3 semester units

**Note: International students do NOT need to send transcripts to the foreign credential evaluation agencies.

TX CPA License Requirements

Education

150 credit hours plus ONE of the following:
1. Graduate degree in accounting from schools accredited by AACSB or ACBSP

• Automatically qualified

2. Graduate degree in business from schools accredited by AACSB or ACBSP:

• 24 hours (undergrad level) or 15 hours (graduate level) of accounting
• An equivalent combination of undergrad/grad coursework can be done based upon a 3:2 ratio
• Should include financial accounting, auditing, taxation and management accounting

3. Undergrad degree in accounting or business from schools accredited by AACSB or ACBSP:

• 24 hours in accounting courses including financial accounting, auditing, taxation and management accounting
• 24 hours in business courses

4. Undergrad degree in general:

• 30 hours in accounting courses including financial accounting, auditing, taxation and management accounting
• 24 hours in business courses

Work Experience

• 1 year of full-time “non-routine” accounting work experience under the direct supervision of a licensed US CPA
• Part-time work is allowed as long as 2,000 hours are accumulated over a 1-3 year period

Ethics Exam

• Complete a four hour ethics course approved by the Texas State Board
• Pass the Texas Rules of Professional Conduct exam with a score of 85% or better. This is an open-book exam and is mailed to you when you pass the CPA exam.

New Jersey CPA Exam Fees

The cost to take all four sections of the CPA exam in New Jersey is $743 plus the initial $225 application fee.  The re-examination application fees vary depending on the number of sections you are retaking.

**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 Jersey 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 the NJ Ethics exam
4. Fill out and submit all required CPA license application paperwork
5. Pay the CPA license application fee

NJ Exam Information and Resources

• New Jersey CPA Application Process
  
• NJ CPA Exam Information
  
• NJ CPA Education Requirements
  
• NJ CPA Exam FAQ
  

For more details, please contact:

• New Jersey State Board of Accountancy
  

124 Halsey Street, 6th Floor
PO Box 45000
Newark, NJ 07101

What’s Next?

Now that you have started the CPA exam application process, your next step is to find a CPA review course that 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!