Puerto Rico CPA Exam Requirements 2025: Detailed Breakdown

Puerto Rico CPA Exam Requirements

If you want to become a CPA in Puerto Rico, we’ve summarized the Puerto Rico CPA exam requirements. Read below to know the exact steps and needs to be a licensed CPA in the Island of Enchantment.

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Summary of Puerto Rico CPA Requirements

General Requirements

• Hold a Puerto Rico residency or have a place of business in Puerto Rico.
• Must be a U.S. citizen.
• If you are not a U.S. citizen, you must submit statements of intention to become a citizen of the U. S with your application.
• At least 21 years old at the time of certification.
• An applicant is required to provide a Certificate of Compliance with ASUME.
• An applicant must present a certificate of membership with the local Puerto Rico CPA Society.
• Applicant must present a Certificate of Good Conduct from the Police Department indicating that he/she has not been convicted of a felony or misdemeanor that implies moral turpitude.

Like any other state, Puerto Rico has its CPA exam requirements to be met for someone to sit in the CPA exam. You may check these requirements from the National Association of State Board of Accountancy (NASBA) or visit the Puerto Rico Board of Accountancy:

Puerto Rico State Board of Public Accountancy
Address: Box 9023271
Old San Juan Station
San Juan, PR 00902-3271
Phone: (615) 564-2128
Fax: (615) 564-2128
Email: ecolon@nasba.org
Web: www.estado.pr.gov

Education requirements to Sit for the Puerto CPA exam

To meet the Puerto Rico requirements to sit for the CPA exam, the Puerto Rico CPA education requirements must be attained first. For Puerto Rico applicants, you must have a bachelor’s degree, and earn a total of 120 semester hours. The 120 hours need to include 24 semester (or equivalent) credits in accounting subjects with a grade of “C” or higher in all accounting courses. And 24 semester (or equivalent) credits in general business with an average grade of “C” or higher.

If your education was completed on or before January 1, 2000, you must meet the following:

• Earned a bachelor’s degree or higher
• Completed 150 semester hours (225 quarters) of general college-level education
• Completed 32 semesters (48 quarter) hours in accounting courses
• Completed 32 semesters (48 quarter) hours in accounting and general business courses such as business law, information systems, economics, and finance
• Has a minimum of 2.0 GPA

Suppose you are in your final semester of completing your bachelor’s degree and 150 semester hours of general education. In that case, you can qualify for the CPA exam provided that you have completed 32 semesters (48 quarter) hours in accounting with a minimum of 3.0 GPA prior to submitting your application.

Unless you have completed the entire education requirement, you will not be eligible to get your CPA license in Puerto Rico.

If your education is still in progress when you submit your CPA exam application, you are required to submit an official transcript and the Certificate of Enrollment. Upon completing your education, you must submit an additional transcript showing all courses and degree/s as complete.

If your education was completed on or before December 31, 1999, you might qualify by one following education requirements:

1. Earned a bachelor’s degree in Business Administration with a major in accounting from a college or university recognized by the Puerto Rico board; OR
2. Earned a bachelor’s degree from college or university recognized by the Puerto Rico board and completed at least 58 semester (87 quarter) hours in general business courses, of which 32 semester (48 quarter) hours must be in accounting subjects; OR
3. Have a bachelor’s degree from a college or university recognized by the Puerto Rico board. In the absence of having completed the required number of credit hours in general business courses.

All educational requirements must be completed at the time of application. All educational transcripts and international evaluations are required to be submitted to CPA Examination Services directly from the academic institutions.

Experience Requirements

You need to directly submit your official baccalaureate degree transcripts to CPA Examination Services if you are applying based on experience. This must be submitted at the time of application.

In addition, you must submit a written request with experience information directly to the Puerto Rico State Board of Accountancy for review and approval. You may submit the request to:

Junta de Contabilidad
P.O. Box 9023271
San Juan, PR 00902-3271

Transcripts

There are two different types of transcripts that need to be submitted if you will apply to sit for the Puerto Rico CPA exam based on education or experience.

If you are applying based on experience:

• Submit to CPA Examination Services the official baccalaureate degree transcripts. The transcript must be received directly from the academic institution to CPA Exam Services.
• Submit a written request with experience details directly to the Puerto Rico State Board of Accountancy for review and approval: Junta de Contabilidad P.O. Box 9023271, San Juan, PR 00902-3271.
• Photocopies will be accepted.
• You may only apply for this option if you earned your baccalaureate degree prior to December 31, 1999.

If you have completed your education requirements at the time of application:

• Submit an official transcript from each of the schools that you attended. Transfer credits are not acceptable, thus you must submit transcripts from each institution.
• Transcripts are considered official if they have been issued by the institutions’ Registrar’s Office and have Registrar’s official seal.
• The degree that you earned must be present on the official transcript.
• Photocopies of transcripts are considered not official and are not acceptable.
• Transcripts of the courses completed outside the U.S. campus must be issued by the registrar from the U. S. campus. Transcripts issued by the registrar for the campus located outside the U. S. will not be accepted.

If you have International education credentials:

• Your credentials should be evaluated by NASBA International Evaluation Services.
• You may obtain the form to request this service from the evaluation agency.
• Submit a translated copy of each international transcript used for the evaluation.
• You should require the agency to evaluate the following:
  • An equivalent summary that indicates the academic degrees in the U. S. you hold. The credential analysis should specify: the name of the country, the degree awarded, the year that the degree was awarded, and the entity that awarded the degree.
  • A course-by-course listing and a course credit analysis that includes: total credits earned toward the degree as stated on the transcripts that were submitted, total earned accounting and business courses credits.
• Coursework completed as part of a Chartered Accountant or similar program is considered professional training and is, therefore, not accepted toward the education requirements for the U.S. Uniform CPA Exam.
• Commercial review courses and professional training are not acceptable as part of the requirements.
• CPA review courses and online courses maybe accepted if they are taken at a regionally accredited institution and these courses should appear on the transcript.

Puerto Rico CPA Exam Cost Breakdown

The Puerto Rico CPA exam cost consists of four main fees: the education evaluation application fee of $93, the $405.64 per CPA exam section totaling $1,622.56 for all four sections, the initial license fee of $207, and a renewal fee of $225.

Puerto Rico CPA Exam Application Process

Complete and submit all the transcripts from each school listed on your application. If applicable, submit the Testing Accommodations Request Form (for applicants with disabilities) to CPAES.

Pay the necessary exam fees and provide all the needed requirements. Allow two to four weeks from your file completion date for your application to be processed.

If you have any questions, contact the Puerto Rico Coordinator at cpaes-pr@nasba.org.

Puerto Rico’s Uniform CPA Exam

The CPA exam consists of the three core sections and candidates would need to select one of the three discipline to demonstrate deeper skills and knowledge, allowing candidates to choose a specialization. There is no set order in which the exam portions must be completed. The components of the CPA test are as follows:

• Auditing and Attestation. This exam section covers the basics of financial and attest services, such as audits, reviews, compilations, and preparing agreements.
• Financial Accounting and Reporting. This exam section covers financial accounting topics for all business entities, including the government and nonprofits.
• Regulation. This exam section covers federal taxation, tax services, professional ethics, and business law for individuals and business entities.
• Disciplines
  • Business Analysis and Reporting (BAR): Focused on financial reporting, data analytics, and performance management. This area is suitable for those who are interested in financial analysis and reporting. An extension of FAR core.
  • Information Systems and Controls (ISC): Concentrates on IT governance, data security, and system controls. Ideal for individuals who wish to specialize in IT audits and information security. An extension of AUD core.
  • Tax Compliance and Planning (TCP): Centers on personal financial planning and tax compliance for individuals, businesses, and other entities. Suitable for those with a strong interest in taxation and financial planning. An extension of REG core.

You may take the required test sections in any order, but you must pass all four sections of the Uniform CPA Examination within an 18-month period beginning on the date the first examination section completed was taken. All components must be passed within the 18-month term. Any exam taken outside of the 18-month timeframe will result in a loss of credit.

Puerto Rico CPA Ethics Exam Requirements

While most states require ethics before licensing, Puerto Rico candidates can become a CPA without it as there are no Puerto Rico CPA ethics exam requirements. However, part of the Continuing Professional Education (CPE) requirement is to attend 3 hours of acceptable professional ethics completed every three years.

Puerto Rico CPA Experience Requirements

To meet the Puerto Rico CPA experience requirements, candidates require one year of full-time or three years of part-time work experience. This includes at least 1,820 qualifying hours in public accounting, industry or private practice, or academia.

Puerto Rico CPA License Requirements

To apply for the CPA license you must complete the following:

1. Pass all four sections in the CPA exam with a score of 75% or higher.
2. Fill out and submit all required license application documents.
3. Pay the CPA license application fee.
4. You need to have one year of accounting work experience with the supervision of a licensed Certified Public Accountant.

Continuing Professional Education (CPE) Fees

The list of CPE fees below is both for individual and firm licenses:

• Initial $207
• Transfer of Grades $250
• Reciprocal $250
• Firm $290
• Individual Renewal $225
• Firm Renewal $225

Effective July 1, 2013, this is the Experience Requirement to get your license:

• One year of full-time experience in the areas of public accounting, industry or private practice, or academia
• Should be a minimum of 1,820 qualifying hours.
• Must be verified by a CPA in good standing.
• Part-time experience is acceptable with a minimum of three years.

Puerto Rico CPA Exam F.A.Qs

Here are some commonly asked questions regarding Puerto Rico’s CPA Exam and CPA License requirements.