Maine CPA Requirements – A Brief Overview

Those that wish to sit for a Certified Public Accountant exam in the state of Maine are beginning a process that could make them among the highest paid professionals in the state.  The Maine Center for Workforce Research and Information reported that the median salary for Certified Public Accountants in Maine was $55,100 in 2012.  So if you are just getting started in your studies or if you are presently working in the field of accounting and considering going back to school, you might want to think about the possibility of starting a CPA degree program. Before you start any educational pursuit you’re going want to know just what you’re getting yourself in for.  That’s why on this page we’ll try to organize some of the criteria you need to be aware of not just for CPA’s living in Maine but some of the CPA requirements that are typical for those seeking a license across all 50 states.

Maine CPA Requirements – A Closer Look

Maine CPA RequirementsThe professional requirements that a Certified Public Accountant is expected to meet before they can take a licensing exam are going to differ from state to state.   Below we’ll take a look at some of the CPA requirements that are specific to the state of Maine, but first we’ll review some fairly standard requirements expected to be met by CPA’s everywhere:

  • It is generally required that all those seeking a CPA license are expected to have completed an undergraduate degree program from an accredited institution with a concentration in accounting or a related field
  • That during the course of those studies, the license applicant will have completed at least 150 semester hours of college coursework
  • That the license applicant has taken and passed the four part Uniform CPA Exam.  This exam is administered by the American Institute of Certified Public Accountants and is usually taken over a period of a year or more
  • That the license applicant will have completed at least one year of full-time employment in an accounting position or one that is closely related to the field

The state of Maine also mandates that anyone who wishes to sit for a CPA licensing exam be of good moral character and:

  • Will have earned at least a baccalaureate or higher degree from a regionally accredited college or university approved by the State Board of Accountancy and will have completed at least 120 semester units during completion of that degree
  • Will have completed 15 semester units in one or more of the following courses:  financial accounting and reporting for business organizations, managerial or cost accounting, internal controls and risk assessment, financial statement analysis, accounting research and analysis, tax research and analysis, accounting information systems, financial accounting and reporting for government and not-for-profit entities, auditing and attestation services. taxation, or fraud examination
  • At least 3 semester hours must be earned in auditing and attestation services.

To read in greater detail about Maine’s CPA requirements visit Maine’s Office of Professional and Occupational Regulation.

Getting Started Is Simple and Easy

If you want to learn more about CPA programs in the state of Maine, you can get started by using the search feature right on this page.  Also make sure that you click over to our main page where you can find a lot of great information on bookkeeping and accounting classes and the schools that offer them.  There’s also a lot of general information on possible career paths related to bookkeeping and accounting as well!

CPA and Bookkeeping Certification in Maine

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