Maine CPA Requirements

The CPA designation is the gold standard in the accounting industry. Earning your CPA can accelerate your career, lead to promotions, and an increase in salary. The CPA is one of the hardest designations for professionals to earn because of the content on the exam and the number of CPA requirements in Maine that need to be met to take the exam. For help preparing for the CPA exam, check out our best CPA review courses.

One thing that makes the CPA exam so unique is that each state has a different set of requirements that candidates must meet before they can take the exam. For those candidates who wish to earn their CPA in Maine, read the requirements below to see if you are eligible to take the CPA exam.

Maine CPA Contact Information

Earning your CPA designation is a very long and stressful process – but can be very rewarding at the end. Candidates who wish to take the CPA exam in Maine should make sure they meet all the criteria and should double check with the Maine Board of Accountancy for any fee, rules, or requirement changes.

Maine Board of Accountancy

  • Office of Professional and Occupational Regulation, 35 State House Station, Augusta, ME 04333-0035
  • 207-624-8627

Visit Maine Board of Accountancy

CPA Requirements ME

Degree and Education Requirements in Maine

The state of Maine requires all CPA candidates to have their baccalaureate degrees. As well as earning their baccalaureate degree, candidates must complete 150 credit hours. This is significant because most colleges and universities award baccalaureate degrees after only 120 credit hours – students who wish to take the CPA after they graduate must take an additional 30 credit hours.

An additional requirement by the state of Maine includes candidates taking 15 credit hours in accounting classes and 24 credit hours in business or other related courses. Candidates that are pursuing an accounting major should meet these requirements relatively easy.

Degree and Education Requirements in Maine

  • Bacclaureate Degree Required
  • 150 Total Credit Hours
  • 15 Credit Hours in Accounting Classes
  • 24 Credit Hours in Business Related Classes

Residency and Age Requirements in Maine

Candidates who wish to take the CPA in the state of Maine do not have to be United States citizens. As well as not having to be a U.S. citizen, candidates do not have to be a Maine resident either. The state of Maine does not have a minimum age requirement to sit for the CPA, so if you meet all the other requirements, you can take the CPA at whatever age you desire.

Residency and Age Requirements in Maine

  • U.S. Citizenshp Not Required
  • Residency in the State of Maine Not Required
  • No Age Requirements

CPA Fees in Maine

With the CPA exam being so expensive, candidates should ensure they are prepared to take the CPA exam the first time around. Maine has an application fee of $150. Along with the application fee, candidates will also have to pay $208.40 for each test section on the CPA.

Most candidates will take the whole CPA exam. Candidates in Maine will be expected to pay a total of $983.60. If you only need to take a portion of the CPA exam again, you will have your fees adjusted accordingly.

CPA FEES in Maine

  • Application Fee- $150
  • Audit - $208.40
  • Financial - $208.40
  • Regulation - $208.40
  • Business - $208.40
  • Total - $983.60

CPA License Requirements in Maine

Not only are their requirements that must be met to take the CPA, but there are also requirements that must be met to maintain a CPA designation. The state of Maine requires CPA holders to complete continuing education, have a social security number, and pass the AICPA Ethics Exam. CPA holders are also required to have work experience.

CPE in Maine - Continuing Education

The state of Maine requires CPA holders to complete 40 CPE hours. CPE stands for continuing professional education. Individuals are required to complete these CPE hours so that they can continue to improve their skills and learn new skills. Maine requires CPA holders to renew their CPE hours every 1 year.

The accounting world is always changing with new rules and regulations being implemented so CPE hours have become a requirement in most states. Candidates can complete their CPE requirements in various ways and are usually required to complete the hours based on various subjects. For more information, click here.

Maine CPA Experience Requirements

Maine requires candidates to have experience before they can issue the license. Usually this experience includes providing any type of service that uses accounting, compilation, advisory, tax, or consulting.

Note – work experience is not required to sit for the CPA exam, only to have the state issue your CPA license.

Other Requirements in Maine

Another box that must be checked when earning your CPA in the state of Maine includes passing the AICPA Ethics exam. The AICPA Ethics exam is designed by the AICPA and is used to prepare CPA candidates for ethical problems they may encounter in their professional accounting careers. Maine also requires candidates to have a social security number.

  • CPE Hours

  • 40 Total CPE Hours Required
  • Renewal Every 1 Year
  • Work Experience

  • Work Experience Required
  • Accounting, Compilation, Advisory, Tax, or Consulting
  • Other Requirements

  • Social Security Number Required
  • Passing of the AICPA Ethics Exam

Additional Links and Resources

For more information on the CPA exam and requirements check out the following links. With the CPA exam being so expensive to take, make sure you pass it the first time – see our reviews for the top CPA review courses.