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 credits hours to receive the license. This will normally exceed the number of credit hours required to earn a bachelor's degree. 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 Regulations.

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

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.