Earning a CPA

CPA Guidelines in Maryland

Most entry-level professional accounting positions require only a bachelor's degree. However, if you desire to become a Certified Public Accountant (CPA), the state of Maryland requires 120 credit hours of higher education to sit for the CPA examination and 150 credit hours to receive the license. This exceed the number of credit hours required to earn a bachelor's degree in accounting at TU. Most other states have a similar requirement. You can begin working for a CPA firm upon receiving your bachelor's degree, take the CPA Exam, and subsequently earn any additional credit hours needed for the 150 credit hour requirement. You can take undergraduate or graduate courses in order to fulfill this requirement.

See the Maryland CPA Exam and Education Requirements.

The TU undergraduate accounting major provides the necessary accounting courses to prepare students for the CPA examination. It also provides the foundation for a graduate program in accounting for students who choose to pursue a master's or other advanced degree.

CPA Exam Preparation Resources

Prep/Review Courses

Towson University partners with Becker Professional Education to offer a Fast Pass CPA course at Towson during the summer. 

Professional Organizations

The Maryland Association of CPAs (MACPA) is a professional organization dedicated to serving the needs of CPAs and CPA-seekers in the state. The group offers a variety of resources for students and CPA candidates to learn about the profession, network with professionals, and find scholarships and internships. MACPA also frequently participates in events at TU and CBE including the annual Accounting Open House.

Other CPA Resources

  • American Institute of CPAs (AICPA) represents the CPA profession nationally, establishes rules and standards for the accounting profession, and develops and grades the Uniform CPA Examination. JoiningAICPA as a student member can get you access to information and tools to guide you to completing the CPA requirements and entering the profession.
    • National Association of State Boards of Accountancy (NASBA) is an association dedicated to enhancing the effectiveness of the country’s 55 state boards of accountancy. Its website explains the purpose of CPA licensing and how to become licensed.
    • Inspiring Accounting Talent for a Sustainable Society (iat4ss) is a nonprofit educational organization (501(c)(3) that provides an educational and developmental program leading to CPA licensure. The program augments traditional accounting curriculum by leveraging technology to reach diverse students where they are and create a structured pathway for them to succeed in college, pass the CPA exam and later enter the accounting profession.
    • Crush the CPA Exam Blog is a resource that summarizes the major CPA review courses.

TU Accounting CPA Exam Results by Class Year*

Year of Graduation Total Graduates (B.S. & M.S.) Passed CPA Exam in Maryland Percent PAssed
2011 156 32 20.5%
2012 129 18 14%
2013 149 15 10.1%
2014 157 2 1.3%
2015 72 2 2.8%

*These figures were compiled by matching the quarterly lists of Passing Candidates of CPA Examinations published by the Maryland Board of Public Accountancy with lists of students graduating with a bachelors and/or masters degree in Accounting from Towson. This is a conservative estimate that likely under counts the number of students who have passed the CPA Exam since it only captures students who pass the CPA in Maryland. Furthermore, since CPA licensing requires 150 credit hours, some of our B.S. graduates delay taking the CPA Exam until they have completed their master's degree or taken the additional 30 credits. Note also that our totals of graduates include individuals who may not be pursuing a career in public accounting and thus may not have sat for the CPA exam.