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License Renewal: Last day of birth month each year

Reporting Period: First day of month following birth month to the last day of the birth month every three years

CPE Documentation: License renewals can take place at The New Mexico Board of Accountancy.

Credit Limitations:

  • Instruction: Limited to 60 hours combined with published materials.
  • Meetings: Board meeting attendance limited to 4 hours
  • Published Materials: Limited to 60 hours combined with instruction.
  • Reviewer: Firm peer review program participation limited to 24 hours. Firms having engagement or report peer review will be allowed 12 hours, a system peer review up to 24 hours and a system peer review located away from the firm’s office up to 12 hours.

Credit Calculations:

  • Instruction: Credit equates to presentation plus preparation. Preparation is limited to two times presentation. Replicated material is only accepted if it is substantially changed.
  • Partial Credit: Board meeting attendance limited to 4 hours
  • University/College:
    • One semester hour equates to 15 CPE hours
    • One quarter hour equates to 10 CPE hours
    • Non Credit Courses – each classroom hour equates to one qualifying hour.

Hour Requirements: 120 hours; minimum of 20 per year

  • 4 hours of Ethics required
  • 96 hours in technical subjects which include:
    • Accounting & Auditing
    • Accounting & Auditing (Governmental)
    • Administrative Practice
    • Attestation
    • Behavioral Ethics
    • Business Law
    • Computer Science
    • Economics
    • Finance
    • Financial Advisory or Consulting
    • Financial Reporting
    • Management Consulting
    • Mathematics
    • Production
    • Regulatory Ethics
    • Specialized Knowledge
    • Statistics
    • Taxation
  • 24 hours of CPE must be sponsored by organizations other than licensee’s firm or employer.