Introduction

One of the smallest states both in area and in population, New Hampshire is home to an equivalently small economy based around agricultural and industrial outputs such as dairy, apple eggs, machinery, rubber, and plastic. The state may be small, but it’s also wealthy: New Hampshire boasts the seventh-highest median household income in the country and one of the lowest poverty rates. New Hampshire’s unemployment rate also sits at just 2.7%—well below the national average. This strong economy has created a significant demand for accounting professionals, and New Hampshire employs more than 4,900 of them—a large number for such as small state. These jobs are expected to grow by 13.3% through 2026, which is faster than the national average.

New Hampshire at a glance

Population 1,342,795
Per Capita Income $34,691
Unemployment Rate 2.7%
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: Bureau of Labor Statistics OES - State Employment Survey

Accounting Salaries by Specialty

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

Associate Degree Recommended

Bookkeeping and Auditing Clerks

\ $41,030
$41,110

Payroll Clerks

\ $44,860
$44,950

Credit Counselors

\ $51,450
$49,460

Bachelor's Degree Recommended

Cost Estimators

\ $68,210
$68,420

Tax Examiners and Collectors

\ $55,510
$59,140

Master's Degree Recommended

Accountants and Auditors

\ $72,360
$77,920

Budget Analysts

\ $71,540
$77,170

Personal Financial Advisors

\ $114,190
$109,949

Financial Managers

\ $120,060
$143,530
Source: BLS OES - Industry Profile

Top-paying cities for accountants

  1. Manchester
    $76,780
  2. Southwest New Hampshire nonmetropolitan area
    $76,350
  3. Nashua-MA NECTA Division
    $75,060
  4. Portsmouth
    $73,140
  5. West Central New Hampshire nonmetropolitan area
    $70,130
Source: Bureau of Labor Statistics OES - State Employment Survey

Major firms headquartered in New Hampshire

Count Firm Location 2014 Revenue (in millions)
1Melanson Heath & Co.Nashua, NH$11

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 and Regional Leaders"

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 RequirementN/A
Citizenship RequirementNo
Residency RequirementNo
Social Security # RequirementNo
Education Requirement for LicensureBachelor's degree (150 hours)
Participates in International ProgramsYes
Hours in Accounting12 semester hours
Exam Sitting Requirements120 hours
Experience Requirements1 year of accounting experience
Ethics ExamN/A

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:$1,057
  • Application Fee $225
  • Auditing & Attestation $208
  • Financial Accounting & Reporting $208
  • Regulation $208
  • Business Environment & Concepts $208

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.

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

[email protected]