Earning your CPA can be one of the best decisions you make in your life. Candidates who earn their CPA will have accelerated careers leading to job promotions and increases in salary. The CPA designation is one of the top designations in the accounting industry and one of the best professional designations throughout the business world. There are a number of CPA requirements in Massachusetts that must be met before candidates can take the CPA exam - this is one reason the CPA designation is so difficult to achieve. Try out a CPA review course by checking out our best CPA review courses.
The CPA exam has a different set of requirements for candidates in every state. With each state requiring different things from candidates, this may lead to some confusion. Candidates in the state of Massachusetts should read the CPA requirements below to see if they are eligible to earn their CPA designation.
Massachusetts CPA Contact Information
Earning your CPA designations is a very rewarding experience. The process will be very long and stressful, but will be worth it in the long-run. Candidates who will be taking the CPA exam in Massachusetts should verify they meet all the requirements with the Massachusetts Board of Public Accountancy to check for any fee, rules, or general requirement changes.
CPA Requirements MA
Degree and Education Requirements in Massachusetts
Baccalaureate degrees are required for all CPA candidates in the state of Massachusetts. Candidates must also complete 150 credit hours in addition to earning their baccalaureate degree. Most colleges and universities award baccalaureate degrees after students complete 120 credit hours - this means those who wish to sit for the CPA must complete an extra 30 credit hours to be eligible for the CPA exam.
Along with candidates needing to achieve a total number of credit hours, candidates in Massachusetts are also required to have 30 credit hours in accounting classes and 24 credit hours in business or other related courses. Candidates that chose to be accounting majors should have no problem meeting these requirements.
Residency and Age Requirements in Massachusetts
Candidates who wish to take the CPA in the state of Massachusetts 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 Massachusetts resident either. The state of Massachusetts has a minimum age requirement of 18. If you meet all the other requirements, you will be eligible to sit for the CPA exam.
CPA Fees in Massachusetts
With the CPA exam being so expensive, candidates should ensure they are prepared to take the CPA exam the first time around. Massachusetts has an application fee of $195. 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 Massachusetts will be expected to pay a total of $1028.60. If you only need to take a portion of the CPA exam again, you will have your fees adjusted accordingly.
CPA License Requirements in Massachusetts
Once a candidate earns their CPA, they must also meet some requirements to maintain their CPA designation. Massachusetts requires CPA holders to pass the AICPA Ethics Exam, have a social security number, and complete continuing education hours. On top of those requirements, CPA holders also need to have work experience.
CPE in Massachusetts - Continuing Education
Continuing professional education, also known as CPE, is education hours that CPA holders are required to complete to keep their CPA designation. CPA holders in Massachusetts need to complete 80 CPE hours. These hours are important for CPA holders to complete so that they can continue to learn new material and refresh their minds on older material. CPA holders need to renew their CPE hours every 2 years in Massachusetts.
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.
Massachusetts CPA Experience Requirements
Massachusetts 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 Massachusetts
Another box that must be checked when earning your CPA in the state of Massachusetts 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. Massachusetts also requires candidates to have a social security number.
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.