Licenses are valid for one year and expire on the last day of the licensee’s birth month. In order to renew, the licensee must complete 120 hours of CPE during the preceding 36-month period ending on the last day of the certificate/license holder's birth month, with a minimum of 20 hours completed in each year (birth month to birth month).
Continuing professional education must include a minimum of 4 hours of ethics education during the 36-month period. Licensees may meet their ethics requirements by taking our New Mexico Ethics course or by taking any of our hour-appropriate general ethics courses. Follow the ethics link on our homepage to access the courses.
For each 3-year reporting period, at least 96 of the hours reported shall be courses, programs or seminars whose content is in technical subjects such as audit; attestation; financial reporting; tax, management consulting; financial advisory or consulting; and other areas acceptable to the board as directly related to the professional competence of the individual.
For each 3-year reporting period, at least 24 of the hours reported shall be taken outside of the individual’s firm, agency, company or organization but may include all methods of CPE delivery.
Yes. The Board does not evaluate specific courses or programs but they do accept courses offered by a provider registered with either the National Association of State Boards of Accountancy (NASBA) or the American Institute of Certified Public Accountants (AICPA). If a course is not approved by either NASBA or the AICPA, the Joint Statement on Standards for Continuing Professional Education Programs should be consulted to determine whether the course is acceptable for CPE credit.
As a member of NASBA’s Registry and QAS sponsor approval programs, our courses are accepted for credit in New Mexico.
As a member of the NASBA Registry and QAS sponsor approval programs, we are required to conform to the measurement standards contained in the Statement on Standards of Continuing Professional Education (CPE) Programs developed jointly by NASBA and the AICPA. Under these Standards our credits are based upon 1 CPE credit for every 50-minutes of study time, as determined by the average test results of CPAs pre-testing the material prior to publication.
Public Accountancy Board
5500 San Antonio Dr NE, Ste A
Albuquerque, NM 87109
Phone: (505) 222-9850
Fax: (505) 222-9855