New Hampshire Cpa Exam License Requirements 2021

New Hampshire CPA Exam

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New Hampshire Board of Accountancy (NHBA) is the statutory authority that bestows the CPA license and governs the profession in the state. Its goal is to ensure licensed professionals measure up to the high standards set by the state for the practice of the CPA profession.

The U.S. jurisdiction pursues a one-tier licensing system. It means that no CPA certificate is granted upon successful exam completion. Instead, NHBA directly issues the license after the mandatory preconditions are met. The state also participates in the administration of the CPA ExamCPA ExamA Certified Public Accountant (CPA) is a US state board-issued license to practice the accounting professionread more at international Prometric test centers.

The Granite State has a dynamic economy resulting from a judicious mix of a well-educated workforce and a strong economic base. Moreover, the state has a diverse mix of industries making it less susceptible to economic downturns following a single industry failure.

Thus, the state provides CPAs with a wide range of options to kick-start their professional journey and ensure steady career growth. So, to embark on this journey as a New Hampshire candidate, first understand the state-specific CPA exam and license requirements.

Contents

New Hampshire CPA Exam Requirements

Eligibility RequirementsFeesRequired Documents

New Hampshire CPA License Requirements

Education RequirementsExam RequirementsExperience Requirements

Continuing Professional Education (CPE)

New Hampshire Exam Information & Resources

New Hampshire CPA Exam Requirements

The Uniform CPA Examination is a four-part computer-assisted licensure test. Each four-hour-long section analyses your accounting proficiency and competency in detail.

The American Institute of Certified Public Accountants (AICPA), the National Association of State Boards of Accountancy (NASBA), and Prometric regulate the exam process.

Candidates must gain all passing scores within 18 months from when they sat for the first qualified exam section. Ensure to pass each section with at least 75 points on a scale of 0-99.

Eligibility Requirements

New Hampshire exam applicants must:

Hold at least a baccalaureate degree from a recognized, accredited institutionEarn 120 semester hours with:Minimum 30 semester hours in accounting subjects like financial accounting, management accounting, auditing, and taxationMinimum 24 semester hours in business subjects except accounting
Minimum 30 semester hours in accounting subjects like financial accounting, management accounting, auditing, and taxation
Minimum 24 semester hours in business subjects except accounting

The candidates can use the NASBA Advisory Evaluation service to figure out any academic deficiencies in their education. After meeting all requirements, submit the exam application to CPA Examination Services (CPAES). For details of the complete process, kindly visit the NASBA portal.

Fees

Let’s view the fee structure for New Hampshire applicants.

New Hampshire does not have any clause to request a Notice-to-Schedule (NTS) extension or back out from the CPA exam. Only applicants in extraordinary situations may request a limited exam fee rebate or an NTS extension.

Both examination and application fees are non-refundable. Therefore, candidates must only sign up for the exam sections that are feasible to take within the next six months. After that, the NTS will be perceived as invalid resulting in exam fees forfeiture.

Required Documents

CPAES requires the submission of the below-mentioned documents.

Please note that CPAES does not acknowledge photocopied documents and regards them as unofficial.

New Hampshire CPA License Requirements

Check out the following pre-requisites to acquire the New Hampshire CPA License:

Social Security Number – RequiredEducation – 150 semester hoursExamination – At least 75 points in all 4 CPA Exam sectionsCPA Exam SectionsThe Uniform Certified Public Accountant (CPA) Exam comprises four sections, namely, Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG). The unique content, structure, format, and scoring of the CPA exam earn it the title of one of the most challenging professional exams.
read moreExperience – 1 year

Apply for the license through NASBA’s Licensing Service. Here are the licensing fees:

Initial License – $150Transfer of Grades – $150Reciprocal License – $150

Further details are specified on the official website.

Education Requirements

Here is the list of education requirements:

At least a baccalaureate degree from a regionally or nationally authorized U.S. institution with 120 semester hoursA total of 150 semester hours with:30 semester hours in accounting subjects such as financial accounting, management accounting, taxation, and auditing24 semester hours in business subjects
30 semester hours in accounting subjects such as financial accounting, management accounting, taxation, and auditing
24 semester hours in business subjects

Note that you require only 120 semester hours to attempt the CPA Exam. At the same time, additional 30 semester hours are a prerequisite for CPA licensure.

Candidates with international education must get their credentials evaluated through NIES.

Exam Requirements

You must pass the Uniform CPA Examination or International Qualifications Exam (IQEX). This guide has detailed information on the CPA Exam. To know more, please check the New Hampshire Exam Requirements section.

Experience Requirements

New Hampshire CPA licensure applicants must complete one year of full-time or part-time work experience. In addition, they must gain the required employment in industry, public accounting, and/or government.

Let’s view all the details here.

Continuing Professional Education (CPE)

In New Hampshire, CPAs must gain 120 CPE credit hours every three years to renew their license. Note that the CPE credits earned through programs recommended by the National Registry Sponsors are acceptable.

Here lie all the details.

New Hampshire has a diversified industry with numerous employment opportunities in the manufacturing, information technology, business, and healthcare sectors. Needlessly, all these sectors demand the services of licensed accountants.

The state is also well-known for its relatively low poverty rates as it provides countless economic benefits. Thus, it is an amazing place for CPAs to showcase their accounting prowess. So, gear up to qualify the challenging CPA Exam and fulfill other license requirements to enter the New Hampshire labor force as a newly minted CPA.

Most importantly, keep renewing the license every three years to sustain its validity! Learn more about CPEs for CPACPEs For CPAAs a Certified Public Accountant (CPA), you need to acquire Continuing Professional Education or CPE credits for sustaining your license. This ensures that you are actively involved in improving your know-how of the profession by engaging in learning activities.read more

New Hampshire Exam Information & Resources

New Hampshire Board of Accountancy (https://www.oplc.nh.gov/board-accountancy)

7 Eagle Square

Concord, NH – 03301

Ph: (605) 271-2152

New Hampshire Society of CPAs

500 North Commercial Street,

Suite 502

Manchester, NH 03101

NASBA (https://nasba.org/)

150 Fourth Ave. North

Suite 700

Nashville, TN 37219-2417

Ph: 615-880-4200

Fax: 615-880-4290

AICPA (https://www.aicpa.org/)

Phone number: 888.777.7077

220 Leigh Farm Road

Durham, NC 27707-8110

Ph: +1.919.402.4500Fax: +1.919.402.4505