Maine CPA Exam requirements state that you must be declared eligible for the CPA Exam and then licensed by the state. A candidate becomes eligible for the CPA Exam by meeting specific requirements that are determined by the board of accountancy for their specific jurisdiction. Below are the various Maine CPA Exam requirements:
Maine CPA Exam Education Requirements
- Minimum Degree Required: Baccalaureate
- Are 150 semester hours required to sit for the CPA Exam? No
- Earned a bachelor’s or higher degree, completed at least 120 semester hours and:
- Have completed 15 semester hours in one or more of the topics listed below, including at least three semester hours in auditing and attestation services:
- Financial accounting and reporting for business organizations
- Financial accounting and reporting for government and not-for-profit entities
- Auditing and attestation services
- Managerial or cost accounting
- Taxation
- Fraud examination
- Internal controls and risk assessment
- Financial statement analysis
- Accounting research and analysis
- Tax research and analysis
- Accounting information systems
- Ethics relevant to the practice of public accounting
Maine CPA Exam Age Requirements
Age Minimum: None
Maine CPA Exam Residency Requirements
- U.S. Citizenship Required: No
- Must be a resident, employee or have office in the state? No
Application Process
- Review the exam requirements
- Submit the exam application and enroll in Surgent CPA Review
- Request and forward transcripts. Contact any educational institutions attended and request that transcripts be forwarded to CPA Examination Services for their evaluation. If you do not expect any problems in processing your application, it is a great idea to start studying with Surgent CPA Review at this time.
- Pay the exam fees. After receiving the required information, CPA Examination Services will issue your Authorization to Test (ATT) to the National Association of State Boards of Accountancy (NASBA). You will receive a Notice to Schedule (NTS) which is good for six months.
- Schedule your exam. Your NTS allows you to start scheduling your exams. You can sit for the exam parts in any sequence so you can plan your reviews to coincide with your exam scheduling. The most efficient approach is to sit for two parts in each exam window; however, exam fees paid for parts not taken are not refundable. Exam times are scheduled with Prometric and can be set up online at www.prometric.com/cpa. You can take the exam at a site in Bangor, South Portland or any other Prometric location that is convenient to you.
For additional information or requirements for the CPA Exam in Maine, please contact the Maine Board of Accountancy.
Maine CPA Exam Fees
Initial Application Fee: $90
CPA License Application Fee: $35
CPA Exam Fee per Section:
Auditing and Attestation (AUD): $344.80
Financial Accounting and Reporting (FAR): $344.80
Regulation (REG): $344.80
Discipline Section (Choose One):
Business Analysis and Reporting (BAR): $344.80
Information Systems and Controls (ISC): $344.80
Tax Compliance and Planning (TCP): $344.80
Total: $884.10