CPA Exam & Educational Requirements for Massachusetts Candidates: FAQs
Eligibility
To be eligible to sit for the Exam, you must:
a. Be at least 18 years old.
b. Have earned a Bachelor’s degree or your testing date must be within 90 days of your degree conferral date. Your degree must consist of a minimum of 120 semester hours (or 180 quarter hours)* of credits earned from a nationally or regionally accredited college or university.
Associate degrees or community college courses are accepted without transfer into a Bachelor’s degree if the course content is not repeated at the four-year college or university.
*Note: To convert quarter hours to semester hours, multiply total quarter hours X 2/3. To convert semester hours to quarter hours, multiply total semester hours X 3/2.
c. Have the equivalent of 21 undergraduate accounting credits**, including coverage in:
• Financial accounting
• Audit
• Management accounting
• Taxation
**Note: Introductory or elementary courses can be counted toward the 21 credits.
d. Have the equivalent of nine undergraduate business credits, including coverage in:
• Business law
• Finance
• Information systems
MassCPAs does not evaluate transcripts; however, CPA Exam Services (CPAES) will review your transcript of past and current courses to identify academic deficiencies. The fee is $100 for this advisory review. Visit cpacentral.nasba.org where you will need to create a CPA Central user account.
You will need to have your educational credentials evaluated by the Center for Educational Documentation or NASBA. These are the only evaluation services accepted. This evaluation is not necessary if you studied a semester abroad as part of your program at a U.S. accredited college.
If you combine undergraduate and graduate credits to arrive at the required 21 accounting credits, one graduate credit equals 5/3 of an undergraduate credit. Therefore, a three-credit grad course is worth five undergraduate credits. Conversely, one undergraduate credit equals 3/5 of a graduate credit.
If you combine undergraduate and graduate credits to arrive at the required 24 business credits, each graduate credit equals 4/3 of an undergraduate credit. Therefore, a three-credit graduate course is worth four undergraduate credits. Conversely, undergraduate credit equals 3/4 of a graduate credit.
Yes, you will need to obtain an additional 30 educational credits, totaling 150 educational credits for CPA certification in Massachusetts.
In addition to your application, you will be required to complete a Certificate of Enrollment (COE) form as evidence that you are enrolled and all course and/or graduation requirements will be completed within 90 days of sitting for the Exam.
Once the educational requirements have been met, an official transcript must again be submitted to CPA Exam Services (CPAES) to confirm degree conferral and/or satisfactory completion of courses. Failure to do so will result in the loss of any credit received for any part of the examination passed prior to providing the final official transcript.
Before you apply for your CPA license, you will need to submit an Academic Evaluation for Certification Report to NASBA ($100 fee) for verification that you meet the 150-hour requirement.
Coursework
If a course title does not clearly relate to the coverage area, you may need to submit a course catalogue, syllabus or letter from a professor detailing the coverage.
If you combine undergraduate and graduate credits to arrive at the required 21 accounting credits, one graduate credit equals 5/3 of an undergraduate credit. Therefore, a three-credit grad course is worth five undergraduate credits. Conversely, one undergraduate credit equals 3/5 of a graduate credit.
If you combine undergraduate and graduate credits to arrive at the required 24 business credits, each graduate credit equals 4/3 of an undergraduate credit. Therefore, a three-credit graduate course is worth four undergraduate credits. Conversely, undergraduate credit equals 3/4 of a graduate credit.
It’s highly recommended to review the Examination Blueprints published by the AICPA to ensure that your courses will cover all the subject matter tested on the Exam. Check out the CPA Exam pages under “Become a CPA” on aicpa.org. Courses in advanced Excel, data analytics and oral and written communications are valued by accounting firms.
Yes, if your college categorizes the course as an accounting course on your transcript. The credits cannot be used to meet any of the four required areas of coverage, i.e., audit, taxation, management accounting or financial accounting.
Yes, and these credits do not need to transfer into a four-year college. You will be required to provide a transcript from your community college when you apply for the Exam. Please note that you will not be awarded credits for courses repeated at a four-year school; therefore, we recommend that you fulfill your general education requirements at the community college level, i.e., language, science, math requirements, etc. It is also a good idea to check with your future four-year college to review your plan for community college coursework so they can advise you accordingly.
Yes, however, the online course must be taken at a regionally accredited college or university, and upon completion, the college must provide you with a transcript specifying the credits earned.
Yes, if the credits are recorded as semester hours on your college transcript. None of the required subject area coverages (i.e., audit, tax, financial accounting and management accounting) can be accomplished by an internship; formal course instruction is necessary.
No, and credits earned in courses graded pass/fail are accepted.
If a course title does not clearly relate to the coverage area, you may need to submit a course catalogue, syllabus or letter from a professor detailing the coverage.
Time Limits
No, there is no time limit to meet the educational requirements for CPA certification.
Yes, you must pass all four Exam sections within a rolling 18-month period that begins on the testing date the first Exam section is passed. If you do not pass all four Exam sections within this time period, you will lose credit for each section passed outside the 18 months.
There is no provision that allows a candidate to withdraw from the Exam. Application and/or Exam fees are not refundable. If you have an extreme circumstance (such as military deployment or medical emergency), you may apply for an NTS extension or a partial refund of your Exam fees. If you registered to test through one of the 32 jurisdictions represented by CPAES (which includes Massachusetts) complete the Exception to Policy Form no later than 30 days from the date of the extreme circumstance. Your request will then be submitted to a review committee. Otherwise, you will need to contact your jurisdiction’s Board of Accountancy directly regarding NTS extensions. For additional information, please visit nasba.org/features/cpa-exam-application-process-faq.