Introduction

New Hampshire has a population of over 1 million residents who receive financial services from 218 licensed CPA firms. Two of the “Big Four” international CPA firms have offices in New Hampshire as well (Deloitte & Touche and KPMG). The state has no sales or income tax, and one of the median household incomes in the nation (ranking 7th, as of 2008). Per capita income is a generous $47,058, and the total state product is close to $60 billion.

Unemployment in New Hampshire is below the national average, and the state also boasts the nation’s lowest poverty rate and the eighth-highest number of millionaires per capita in the country. The economy is based primarily in agricultural and industrial outputs such as dairy, apple eggs, machinery, rubber and plastic. This environment is ripe for financial management, and supports the growth of job opportunities for accountants.

New Hampshire at a glance

Population 1,326,813
Per Capita Income $47,058
Unemployment Rate 3.9%
Fortune 500 Companies
Licensed CPA Firms 218

Accounting Programs in New Hampshire

Search our comprehensive school directory to explore the accounting programs in New Hampshire, including campus-based, online and hybrid programs.

Accounting Salaries and Employment

As a result of a 13.1% increase in employment opportunities over a ten-year span, accountants and auditors of New Hampshire will have over 5,000 employment positions come 2022. Prospective employers include Melanson Heath & Co., which generated $10.48 million in revenue last year. Additionally, top-paying cities for accountants include Manchester, Rochester-Dover, Portsmouth and Nashua, where CPAs typically earn between $70,810 and $72,770 on average annually. There is the potential to earn over $100,000 annually, depending on a CPA’s level of degree, licensure and speciality.

Projected Job Growth for Accountants

4,520 Employees2012
5,110 Employees2022
New Hampshire 11.5% increase
1,275,400 Employees2012
1,442,200 Employees2022
United States 11.6% increase
Source: U.S. Department of Labor

Accounting Salaries by Specialty

New Hampshire Avg. Annual Wage United States Avg. Annual Wage

Associate Degree Recommended

Bookkeeping and Auditing Clerks

\ $38,510
$37,250

Payroll Clerks

\ $42,800
$39,850

Credit Counselors

\ $48,190
$44,960

Bachelor's Degree Recommended

Cost Estimators

\ $65,790
$63,660

Tax Examiners and Collectors

\ $54,870
$56,120

Master's Degree Recommended

Accountants and Auditors

\ $68,250
$72,500

Budget Analysts

\ $76,470
$72,560

Personal Financial Advisors

\ $97,350
$99,920

Actuaries

\ $102,930
$107,740

Financial Managers

\ $112,290
$126,660
Source: BLS OES

Top-paying cities for accountants

  1. Manchester, NH
    $72,770
  2. Rochester-Dover, NH-ME
    $71,560
  3. Portsmouth, NH
    $70,870
  4. Nashua, NH
    $70,810
Source: OES Data Tool

Major firms headquartered in New Hampshire

Count Firm Location 2014 Revenue (in millions)
1Melanson Heath & Co.Nashua, NH$10

Accounting Today named these firms among the highest performing in a multi-state region. Rankings as based upon reported net revenues from 2014. Source: Accounting today "Top 100 Firms"

Becoming a certified public accountant (CPA) in New Hampshire

Below you will find a list of the eligibility requirements necessary to sit for the Uniform CPA exam in New Hampshire, as well as a few sample required courses, a breakdown of exam fees and a list of New Hampshire schools ranked by their CPA Pass Rates from 2014.

Due to the complexity of the test, these rankings include scores from both first-time test takers and scores of those retaking the exam or individual sections of it. Although it is quite common for students to retake the test, a passing score for each of the four sections must be earned within 18 months of a student’s first testing date.

Eligibility for CPA Licensure in New Hampshire

In order to be eligible to sit for the Uniform CPA Exam in New Hampshire, candidates must:

  • Hold a baccalaureate degree
  • Meet the 150 hour educational requirement
  • Complete 30 hours in accounting courses
  • Complete 1 year of experience working in governmental or public accounting agencies
  • Participate in international programs
  • Have a social security number

There is no residency, age or ethics exam requirement for New Hampshire.

Age RequirementNone
Citizenship RequirementNo
Residency RequirementNo
Social Security # RequirementYes
Education Requirement for LicensureOn or after July 1, 2014: 150 hours (including bachelor's degree or higher) with accounting concentration.
Participates in International ProgramsYes
Hours in AccountingOn or after July 1, 2014: 30 semester hours of accounting courses. The accounting credits shall include coverage in financial accounting auditing, taxation, and management accounting.
Exam Sitting RequirementsBachelor's degree (120 hours)
Experience RequirementsUntil June 30, 2014: B.A. Degree-2 years experience. Master's Degree in accounting, taxation, finance, or business administration-1 year experience. On or after July 1, 2014: 1 year experience. Can be gained through public accounting and governmental agencies.
Ethics ExamNo

An optional pre-evaluation service is available for first-time applicants to discover if any of their educational requirements are deficient.

Source: The American Institute of CPAs

CPA exam fees in New Hampshire

Total:$953
  • Application Fee $225
  • Auditing & Attestation $192
  • Financial Accounting & Reporting $192
  • Regulation $172
  • Business Environment & Concepts $172

Special Fees: A registration fee applies in addition to the application fee, and is a flat rate of $150, no matter the number of exam sections.

Schools Ranked by CPA Pass Rates, 2014

RankLogoSchool NameCandidatesPass RateAverage Score

Schools are ranked by pass rate unless otherwise noted. Results are comprised of scores from both first-time test takers and those returning to take the whole exam or specific sections of it again. Source: National State Boards of Accountancy

Certifying and Professional Organizations

The New Hampshire Board of Accountancy strives to provide quality information to CPAs and CPA firms in order to ensure ethical and professional standards in financial accounting or assessing of commercial, noncommercial and governmental entities. The Board also provides information about the Uniform CPA Exam, which is administered by the National Association of State Boards of Accountancy (NASBA).

Once officially licensed, CPAs may join the New Hampshire Society of CPAs, a statewide, professional organization dedicated to providing its members products and services that improve the quality of professional services offered. The Society offers advocacy, networking events, continuing education and strategic plan initiatives.

New Hampshire Board of Accountancy

Address

78 Regional Drive Bldg. Two
Concord, NH 03301

Phone Number

(603) 271-3286

New Hampshire Society of CPAs

Address

1750 Elm Street Ste. 403
Manchester, NH 03104

Phone Number

(603) 622-1999

Email

rdaly@nhscpa.org