Maine CPA requirements
If you want to earn your Certified Public Accountant license, knowing the Maine CPA requirements should be your first step. Knowing what education and experience you’ll need will help you get a plan in place, gather your necessary documents, and reduce potential hurdles. While we strive to provide the information you need, it’s also important to consult the Maine Board of Accountancy for any changes or updates.
Passing the CPA Exam is the largest step toward licensure. You will need to pass three Core sections that all candidates must take and pass one of three Disciplines – an exam designed to help you develop specialized knowledge. To sit for the CPA Exam in Maine, you must have 120 semester hours (180 quarter hours) and a bachelor’s degree or higher from an accredited college or university or be within 120 days of graduation.
You must also have 15 semester hours (22.5 quarter hours) of accounting, auditing, and ethics courses combined. Of those hours, at least three semester hours (4.5 quarter hours) must be in both auditing and accounting.
Passing the CPA Exam is the largest step toward licensure. You will need to pass three Core sections that all candidates must take and pass one of three Disciplines – an exam designed to help you develop specialized knowledge. To sit for the CPA Exam in Maine, you must have 120 semester hours (180 quarter hours) and a bachelor’s degree or higher from an accredited college or university or be within 120 days of graduation.
You must also have 15 semester hours (22.5 quarter hours) of accounting, auditing, and ethics courses combined. Of those hours, at least three semester hours (4.5 quarter hours) must be in both auditing and accounting.
Passing the CPA Exam is the largest step toward licensure. You will need to pass three Core sections that all candidates must take and pass one of three Disciplines – an exam designed to help you develop specialized knowledge. To sit for the CPA Exam in Maine, you must have 120 semester hours (180 quarter hours) and a bachelor’s degree or higher from an accredited college or university or be within 120 days of graduation.
You must also have 15 semester hours (22.5 quarter hours) of accounting, auditing, and ethics courses combined. Of those hours, at least three semester hours (4.5 quarter hours) must be in both auditing and accounting.
CPA requirements in Maine
The Maine CPA requirements for licensure include additional experience and education requirements beyond what you needed to sit for the CPA Exam.
Education requirements
You’ll need a minimum of 150 semester hours (225 quarter hours) of post-secondary education to obtain your CPA license. This will include the coursework requirements you needed to sit for the CPA Exam. By the time you apply for licensure, you must have at least a bachelor’s degree.
Experience requirements
To meet the CPA requirements in Maine, you will also need to complete at least two years of experience while employed in a licensed public accounting firm and under the direction of a licensed CPA. Relevant experience must include using accounting or auditing skills, including issuing reports on financial statements and at least one of the following:
- Provision of management advisory, financial advisory, or consulting services
- Preparing tax returns
- Providing advice on tax matters
- Equivalent activities defined by the Maine Board of Accountancy
Residency requirements
You will need to enter a valid Social Security number on your application for licensure. However, Maine does not have state residency requirements, so you don’t need to live or work in the state.
For more than 60 years, Becker has been the leader accountants turn to for CPA prep.
For more than 60 years, Becker has been the leader accountants turn to for CPA prep.
For more than 60 years, Becker has been the leader accountants turn to for CPA prep.
Over 1 million candidates have prepared with Becker and 98% of customers say that Becker meets their CPA Exam preparation needs.
Over 1 million candidates have prepared with Becker and 98% of customers say that Becker meets their CPA Exam preparation needs.
Over 1 million candidates have prepared with Becker and 98% of customers say that Becker meets their CPA Exam preparation needs.
Since 2007, 90% of Watt Sells award winners prepared with Becker.
Since 2007, 90% of Watt Sells award winners prepared with Becker.
Since 2007, 90% of Watt Sells award winners prepared with Becker.
2,900+ accounting firms, corporations, alliances, government agencies and universities choose Becker.
2,900+ accounting firms, corporations, alliances, government agencies and universities choose Becker.
2,900+ accounting firms, corporations, alliances, government agencies and universities choose Becker.
Maine CPA license renewals
CPAs must renew their license annually by September 30.
All CPAs must maintain their license by completing continuing professional education (CPE) courses. Specifically, Maine CPA CPE requirements stipulate that you must complete 40 hours of acceptable CPE hours during each renewal period. CPAs who complete over 40 hours of CPE in one year can carry over up to 20 extra hours to the next year.
Every three years, CPAs will need to complete at least four hours of ethics CPE starting from when they renew their license for the first time.
All CPAs must maintain their license by completing continuing professional education (CPE) courses. Specifically, Maine CPA CPE requirements stipulate that you must complete 40 hours of acceptable CPE hours during each renewal period. CPAs who complete over 40 hours of CPE in one year can carry over up to 20 extra hours to the next year.
Every three years, CPAs will need to complete at least four hours of ethics CPE starting from when they renew their license for the first time.
All CPAs must maintain their license by completing continuing professional education (CPE) courses. Specifically, Maine CPA CPE requirements stipulate that you must complete 40 hours of acceptable CPE hours during each renewal period. CPAs who complete over 40 hours of CPE in one year can carry over up to 20 extra hours to the next year.
Every three years, CPAs will need to complete at least four hours of ethics CPE starting from when they renew their license for the first time.
