Certified Public Accountant (CPA) is a designation given by the American Institute of Certified Public Accountants (AICPA) to individuals that pass the Uniform CPA Examination and meet the education and experience requirements. The CPA designation helps enforce professional standards in the accounting industry. CPA (Certified Public Accountant) is the highest accounting credential in the United States. CPA ensures global recognition for accounting & finance professionals.
The New Mexico - Board of Accountancy provides assurance to public that CPA (New Mexico) operates at the highest level of professional competence through, verification of education and experience credentials.
NEW MEXICO (NM) CPA CPE REQUIREMENT OVERVIEW
| CPE Requirements | 120 hours every 3 years, with a minimum of 20 hours per year |
| License Renewal Period | Last day of the birth month annually |
| CPE Reporting Cycle | First day of the month following the birth month to the last day of the birth month over a three-year rolling period. |
| Ethics Requirement | Four (4) hours of ethics every 3-years. |
| Carry Over Credits | New Mexico CPA cannot carry forward credits in the next reporting cycle |
| Subject Area Restriction |
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New Mexico CPA requires 120 hours of CPE to be completed in every 3-year reporting cycle with a minimum of 20 hours per year and must be reported to the Board by the end of the renewal period every year as part of the renewal process
Click for Further Reference on CPE Regulations for New Mexico CPA.
All licensed CPAs in New Mexico must complete 120 hours of approved continuing education every 3-year with a minimum of 20 hours per year. Many of our programs in Live and Self-Study are Approved for continuing education for New Mexico CPA.
CLICK HERE for myCPE Packages for New Mexico CPAs that would meet all of your annual continuing education requirements in one go.
New Mexico State Board of Accountancy has a mandatory requirement that New Mexico (NM) CPA has to earn at least 4 hours of CPE in a 3-year rolling reporting cycle. Regulatory AICPA Ethics, Circular 230 Ethics, New Mexico occupational and professional licensing code of professional conduct, Organization ethics, moral reasoning all subject areas are approved for qualifying as ethics as long as it meets NASBA standards. At myCPE we provide Ethics Courses to all New Mexico (NM) CPAs as a part of our membership initiative.
Save $20 on Auto Renewal
New Mexico State Board of Accountancy specifies the below-mentioned subject areas as qualifying subject areas for CPE.
Technical subject areas:-
Non-technical subject areas:-
Click Here for further reference on the state board website.
You should choose myCPE Packages for New Mexico Certified Public Accountants (CPA) Professionals for the following reasons:
Our CPE Package for New Mexico CPAs is 100% compliant with the regulations of the New Mexico State Board of Accountancy and we offer a 100% satisfaction guarantee. If you feel the package is non-compliant, please email our support team at (support@my-cpe.com) and let us know how it is non-compliant and we will happily refund your full payment.
New licensees are exempt from satisfying the CPE requirements for the period between issue date and first expiration date.
Licensees shall report CPE completion on board prescribed forms including a signed statement indicating they have met the requirements for participation in the CPE program set forth in board rules. You should keep your copies in case the board performs an audit of your CPE, you will be responsible for submitting copies of your certificates of completion and/or verification of courses at the time of the audit. You must retain your documentation for at least five (5) years after the completion of educational courses.
The annual license renewal fee for New Mexico (NM) CPA is $130.
For Further Information here is a link to its Fee Schedule.
A New Mexico (NM) CPA can complete 100% of the total required CPE credit hours via self-study courses. i.e., a New Mexico (NM) CPA can complete all 120 hours via self-study courses and the myCPE packages for New Mexico CPAs are 100% compliant with that requirement.
A registrant must report, at a minimum, the CPE hours required for the registration renewal period. Hours that exceed the number required for the current registration renewal period may not be carried forward to a subsequent registration renewal period.
You are in non-compliance if you do not complete at least 120 hours of acceptable CPE by end of reporting cycle:
For more detailed information click here.
As myCPE is approved by NASBA (Sponsor id 143597) many of our courses are approved for New Mexico CPAs. And for further guidance, we have provided details for “QUALIFIES FOR” on each page of the courses about Approval/Qualifications of CPE Credits for your reference.
As myCPE is approved by NASBA (Sponsor id 143597) many of our courses are approved for New Mexico CPAs. And for further guidance, we have provided details for “QUALIFIES FOR” on each page of the courses about Approval/Qualifications of CPE Credits for your reference. However, it will be the responsibility of each attendee to ensure that they are eligible for the Continuing Professional Education Credits based on their occupation/job profile, knowledge requirements as well as guidelines laid down by their regulatory board before registering for the webinars. So, make sure you check with the respective state board or regulatory body.
New Mexico State Board of Accountancy governs the accounting and auditing profession in the state of New Mexico! Here is a link to the State Board Website.
