Becoming a CPA in New Jersey: A Step-by-Step Guide
When considering New Jersey for the CPA exam, it is essential to determine if you meet all the necessary qualifications, including education, residency, and age requirements.
Educational Requirements
Baccalaureate degree is required.
120 total semester hours.
24 semester hours of accounting.
24 semester hours of business.
Specifics for required courses and semester hours are available on the New Jersey Board of Accountancy website.
Work Experience Requirements
To qualify for a CPA license in New Jersey, candidates must accumulate work experience:
Work Experience: At least 1 year of work experience.
Ethics Exam
Student must take the AICPA ethics exam for the state of New Jersey.
International CPA Examination Program
New Jersey is a participant in the International CPA Examination Program. This program aids non-U.S. citizens in becoming CPAs. International candidates must have their educational credentials evaluated by NASBA International Evaluation Services (NIES).
CPA Exam and Licensing Fees
The cost for the CPA examination and initial licensing in New Jersey includes:
Exam Fees:
Education Evaluation Application Fee: $90
Auditing and Attestation (AUD): $364.80
Financial Accounting and Reporting (FAR): $364.80
Regulation (REG): $364.80
Business Analysis and Reporting (BAR): $364.80
Information Systems and Controls (ISC): $364.80
Tax Compliance and Planning (TCP): $364.80
Total: $1,549.20
License Renewal and CPE Requirements
Total Hours: 120 hours every three years
Annual Minimum: 20 CPE hours
Specific Courses: Must include a New Jersey State Board Approved Ethics Course
Conclusion
The journey to becoming a CPA in New Jersey is structured around fulfilling educational requirements, passing the CPA Exam, gaining relevant work experience, and adhering to continuing education in ethics. With the state's commitment to high standards in the accounting profession, a CPA license in New Hampshire signifies a profound level of expertise and ethical responsibility in the field.