New Mexico CPA Requirements on Exam and Licensing

New Mexico CPA requirementsNew Mexico State Board accepts  either public or non-public accounting experience, but only US CPA can verify your experience.

New Mexico CPA Requirements

Note to international candidates: there are certain consultancy companies or forums in India that recommend New Mexico as the state board of choice for BCOM + CA candidates. I personally don’t think it works, and you can see a real example of a complicated case here. Please double check if you don’t want to get in this position.

1. Education Requirements to Sit for the Exam

  • Bachelor degree or above from a regionally accredited institution.
  • 30 semester units of accounting courses, of which a maximum of 3 units out of these 30 units can be from business law.

2. Additional New Mexico CPA Requirements to Obtain the License

Education

  • Fulfill 150 semester hours from any regionally accredited educational institution.

Work Experience

  • 1 year of public or non-public accounting experience supervised and verified by an actively licensed CPA.
  • Please note the CPA equivalent (e.g. Chartered accountants from other countries) are not eligible for verification.

Ethics Qualification

3. New Mexico CPA Requirements on Residency & Age

  • US citizenship not required.
  • New Mexico residency not required.
  • Minimum age: 18.

4. Fees

  • First-timers: $723 (4 CPA exam fees) + $155 (initial application fee).

5. Continuing Education

CPE is needed for license holders. Click here for New Mexico CPA CPE requirements.

6. Other Useful Information

7. Contact

New Mexico Public Accountancy Board
5200 Oakland NE, Suite D
Albuquerque, NM 87113

  • Email: accountancy.board@state.nm.us, cpaes-nm@nasba.org
  • Phone: 505-222-9850
  • Fax: 505-222-9855

What if these CPA Requirements don’t Work for Me?

You may want to check out these pages to learn about the educational and experience requirements, with my recommendation at the end of the posts:

If you have questions, feel free to drop a note in the comment section, or visit my Facebook page.

About the Author Stephanie Ng

I am the author of How to Pass The CPA Exam (published by Wiley) and the publisher of this and several accounting professional exam prep sites

follow me on:
  • Sridhar says:

    Does New Mexico Allow International Testing?

    • Wilson says:

      Yes it does; Licencing in NM is a pain but you can always transfer credits after you clear all four papers.

  • Anonymous says:

    Un misterioso mensaje del pasado del agente Bond lo pone
    sobre la pista de una siniestra organización.

  • Wilson says:

    Don’t worry about the so called ‘complicated case’ mentioned here. I checked that guy’s profile on linkedin, he is a non commerce graduate and has not completed his CA. Although this site gives lot of information much of it is dated and presented in a slightly negative tone. Clear your CPA Exams and you have three years to fulfil licensing requirements.

    • Stephanie Ng says:

      Hi Wilson, may I ask which part is dated? Please provide a link and I am happy to update anything that you may have identified.

      Also, I am not trying to present anything in a “negative tone”. It is always better to be prudent than being too positive. Unlike some coaching companies in foreign countries, I never over-promote the CPA exam in order to sell some courses and benefit from it.

  • Wilson says:

    Hey Stephanie, there is lot of information which needs to be updated. Now I don’t expect the info here to mimic ALL but a simple due diligence about this guy who passed exams from NM would have obviated putting this case. He’s not even an accountancy graduate. It’s one thing to tell people to be chary of but another to discourage them.
    A case in point about you dated info ‘three year degree from India’, please check WES policy it gives 120 credits (if you have 60%) plus few states do recognise care CA for credits.
    Last you comment that grade transfer doesn’t work, it has worked for me and scores of others whom I have seen apply and get license. Now what’s your conflict of interest that’s for you to introspect. Best

    • Stephanie Ng says:

      It’s entirely true that there are info that needs to be updated. I do that on a weekly basis here and there. But simply stating that without providing proof or links is not helpful or convincing.

      On your second point, there are numerous candidates who tried NM and did not work. I have been running this site for 6 years to know about this as a fact. There are many reasons why it works for you and not for others, including when you took the exam, which type of degree you took, and which evaluation agency you used. The cases are not only black and white as you see it.

      A few states may recognize CA for some educational credits, but not as a degree any more. It may be the case if you took the exam in 2012 or before but lots of rules have been changed.

      Lastly, I hope what you mean by “conflict of interest” is a wrong use of English. This could be a serious accusation.

      Anyway, it’s true that NM may still work for some. All I am saying is that it may not work for a typical international candidate if he/she is to apply now. Readers are always encouraged to check with the source document at the end of each page. They don’t need to accept what I said at all, nor do I benefit from putting up this info. Again, I welcome and appreciate if you have links for me to check and follow up, but if it is another fluff comment, my apologies in advance of not responding further.

  • >