How to Become an Accountant in New Jersey for 2025

by Imed Bouchrika, Phd

Co-Founder and Chief Data Scientist

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Between 2019 and 2024, New Jersey saw a 12.7% decline in its accountant workforce, illustrating a troubling trend for a state with a strong business and financial sector. As seasoned professionals retire or switch careers, the demand for qualified accountants continues to grow, creating opportunities for new talent to step in.

Whether you're a student exploring career paths or a professional considering a transition into accounting, now is an ideal time to enter the field. This article will guide you through the steps to become an accountant in New Jersey, from education to certification.

Key Things to Know About Becoming an Accountant in New Jersey

• As of 2024, New Jersey had about 20,500 accounting professionals.
• 75% of the state's accounting workforce is within 15 years of retirement, signaling strong future demand.
• To become a licensed CPA in New Jersey, you must complete 150 credit hours and pass the Uniform CPA Exam.

Table of Contents

1. What is the minimum educational requirement for becoming an accountant in New Jersey?
2. What are the licensing requirements for accountants in New Jersey?
3. What are the most in-demand skills for accountants in New Jersey?
4. What accounting roles are available in New Jersey?
5. How much can I earn as an accountant in New Jersey?
6. What is the job outlook for accountants in New Jersey?
7. Which industries are best for accountants in New Jersey?
8. What regulations and ethical considerations should I know regarding accounting practice in New Jersey?
9. What is the continuing educational requirement for accountants in New Jersey?
10. Can Complementary Legal Skills Strengthen My Accounting Career in New Jersey?
11. What career and advancement opportunities are available for accountants in New Jersey?
12. Can Forensic Accounting Expand My Career Opportunities in New Jersey?
13. Which educational programs can best prepare me for an accounting career in New Jersey?
14. Can Top Business Schools in New Jersey Boost My Accounting Career?
15. Other Things You Should Know About Becoming an Accountant in New Jersey

What is the minimum educational requirement for becoming an accountant in New Jersey?

To become a licensed Certified Public Accountant (CPA) in New Jersey, you must complete at least 150 semester hours of college credit, which is 30 more than the typical 120-credit bachelor’s degree. Most candidates meet this requirement by pursuing a master’s degree in accounting or by taking additional undergraduate coursework. These extra hours are designed to ensure deep knowledge in key areas essential to the profession.

New Jersey also requires specific coursework in subjects such as:

• Financial accounting and reporting
• Auditing and attestation
• Taxation
• Business law and ethics
• Economics and finance

This academic rigor is especially important given that accounting program enrollments have declined by 20% over the past decade. The drop underscores the growing need for well-prepared professionals who can meet evolving industry demands.

Beyond education, candidates must pass the Uniform CPA Exam and complete at least one year (or 2,000 hours) of relevant work experience under the supervision of a licensed CPA.

For anyone exploring different ways to meet these educational demands, checking out an accounting program online might be a smart move. It can offer flexibility and sometimes a more affordable path to earning those necessary credits while balancing other commitments. Overall, New Jersey’s approach makes sure that when you finally become a CPA, you’re not just meeting the minimum education requirements for accountants in New Jersey but truly prepared to succeed.

What are the licensing requirements for accountants in New Jersey?

Becoming a licensed accountant in New Jersey involves several key steps, starting with education and ending with hands-on experience. Here’s a breakdown of the process:

1. Complete the Required Education (150 Semester Hours)

To qualify for CPA licensure in New Jersey, you must complete 150 semester hours of college coursework—30 more than the standard 120 hours required for a typical bachelor’s degree. This coursework must include a concentration in accounting and cover specific subject areas.

You can fulfill the 150-hour requirement through one of the following paths:

• Undergraduate Programs: Some bachelor's programs offer accelerated or extended curricula that reach 150 hours.
• Graduate Programs: Earning a master’s degree in accounting or a related field is a common way to reach 150 hours while deepening your expertise.
• Certificate Programs: Post-baccalaureate or graduate-level certificate programs in accounting can help fill the credit gap while focusing on specific skill areas.

2. Pass the Uniform CPA Examination

After completing your education, you must pass the Uniform CPA Exam, which includes four sections:

• Auditing and Attestation (AUD): Focuses on audit procedures and professional responsibilities
• Business Environment and Concepts (BEC): Covers business concepts, economics, and IT
• Financial Accounting and Reporting (FAR): Tests financial statement preparation and reporting standards
• Regulation (REG): Includes federal taxation, ethics, and business law

Strong preparation is essential. Many candidates use review programs like Becker, Gleim, or resources from the New Jersey Society of CPAs (NJCPA).

3. Gain Practical Experience

To qualify for licensure, you must complete one year (or 2,000 hours) of supervised work experience under a licensed CPA. This experience must involve applying accounting skills in a real-world setting and may be completed in public accounting, corporate finance, or government.

Many professionals also benefit from mentorship programs and continuing education workshops offered through universities or organizations like NJCPA.

4. Maintain Your CPA License

To stay licensed in New Jersey, CPAs must complete 120 hours of continuing professional education (CPE) every three years, with at least 20 hours per year and 4 hours in ethics during each cycle. Courses must meet standards set by the New Jersey State Board of Accountancy, and licensees are expected to retain CPE records for at least five years.

By completing these steps and staying actively engaged in your professional development, you’ll be well-positioned to thrive in New Jersey’s growing accounting field.

What are the most in-demand skills for accountants in New Jersey?

As the accounting profession evolves, the skills required to succeed are changing rapidly, especially in New Jersey, where talent shortages are becoming more pronounced. A recent survey by Robert Half revealed that 71% of finance and accounting leaders report skills gaps within their departments, and 72% say the negative impact of those gaps has worsened over the past year. In response, 23% of firms are even rehiring retired workers as consultants to help fill critical roles.

Below are the top in-demand skills for accountants:

• Technical Accounting Knowledge: A strong grasp of GAAP, tax regulations, and financial reporting standards remains foundational. As compliance rules grow more complex, professionals with deep technical expertise are essential.
• Data Analysis and Technology Proficiency: Employers increasingly value accountants who can work with large datasets and use tools like Excel, SQL, Tableau, and enterprise systems such as SAP or QuickBooks. The ability to interpret data and generate insights is a major differentiator.
• Communication and Collaboration: Accountants are no longer just number crunchers—they must explain financial information clearly to stakeholders, work across departments, and contribute to strategic decisions.
• Adaptability and Problem-Solving: With rapid changes in regulations, technology, and business models, firms need professionals who can think critically and adjust quickly to new challenges.
• Cybersecurity and Risk Management Awareness: As more financial work moves online, understanding how to manage data securely and assess risk is becoming vital.

Addressing these skill gaps presents a major opportunity for aspiring and current accountants to advance. Upskilling in these areas not only boosts your value in the job market but also helps meet a growing demand in New Jersey’s accounting sector.

What accounting roles are available in New Jersey?

New Jersey's accounting sector is experiencing significant demand for skilled professionals across various roles. According to the New Jersey Department of Labor and Workforce Development's 2022 Demand Occupations List, several accounting-related positions are projected to have substantial annual job openings through 2028.

In-Demand Accounting Roles in New Jersey

1. Bookkeeping, Accounting, and Auditing Clerks

• Annual Job Openings: 5,280
• Despite a projected employment decline of 2.6% from 2018 to 2028, the high number of annual openings indicates ongoing demand, primarily due to retirements and workforce turnover.

2. Loan Interviewers and Clerks

• Annual Job Openings: 580
• With a projected employment growth of 5.3% from 2018 to 2028, this role is expanding, reflecting the need for financial documentation and analysis skills.

3. Financial Examiners

• Annual Job Openings: 210
• With a projected employment growth of 9.3% from 2018 to 2028, this role is expanding, reflecting the need for examiners in ensuring compliance with laws governing financial institutions and transactions.

I chatted with a New Jersey accountant who shared their journey, and it really brought the process to life. They told me how juggling the 150 semester hours requirement was tough but rewarding, especially while working part-time to gain hands-on experience. The pressure of passing the CPA exam after months of late-night study sessions was real, but networking through the New Jersey Society of CPAs helped them stay motivated and connected. They also emphasized how landing internships early on gave them insight into the state’s diverse economy, which made stepping into roles like tax accounting much smoother. Reflecting on it, they said the mix of formal education, practical experience, and local networking truly shaped their career and confidence.

For anyone curious about New Jersey CPA career opportunities, it’s worth noting that the right mix of education and experience opens doors across various industries here. Plus, if you want to see how your earning potential might grow, check out this CPA salary with master's degree to get a better idea of what’s possible.

How much can I earn as an accountant in New Jersey?

Accountants in New Jersey can expect to earn competitive salaries, reflecting the state's strong demand for financial professionals. According to recent estimates:

• Average Base Salary: $78,744 per year
• Estimated Total Compensation: $96,180 per year
• Estimated Additional Pay: $17,400 per year

The total pay includes not just base salary but also potential bonuses, commissions, tips, and profit sharing, which is a common feature in both public accounting firms and corporate finance departments. These figures represent median estimates, meaning half of accountants earn more and half earn less, depending on factors such as experience, certifications (like the CPA), industry, and employer size.

With additional pay making up nearly 18% of total earnings, accountants who demonstrate strong performance or hold specialized skills can see significant financial upside.

Keep in mind that specialized certifications, like becoming a CPA or focusing on forensic accounting, tax, or auditing, can really increase your earning potential. If you’re looking into credentials, it’s worth checking out the bookkeeping certification cost to understand your investment. The average earnings for New Jersey accountants reflect the state’s vibrant economy and proximity to major financial hubs, making it a promising place to build your accounting career.

What is the job outlook for accountants in New Jersey?

As of 2023, the job outlook for accountants in New Jersey is modest but positive. The state projects a nearly 2% employment growth rate for accountants and auditors, indicating steady demand for professionals who can manage financial records, ensure compliance, and provide strategic insights to businesses.

Meanwhile, bookkeeping, accounting, and auditing clerks are expected to see 2.3% employment growth. While this growth is slower, it still suggests a continued need for support roles in finance and accounting departments, particularly in small and mid-sized businesses.

Though not rapid, these growth rates point to a stable job market for accounting professionals in New Jersey, especially for those with strong credentials, up-to-date technical skills, and the ability to adapt to evolving financial technologies.

For those exploring the path to becoming a CPA or accountant, it helps to check out reliable info on earnings, like the CPA accountant salary data. Understanding these numbers can give you a clearer picture of what to expect and help you plan your career steps more confidently.

Which industries are best for accountants in New Jersey?

Accountants in New Jersey can find rewarding opportunities across several industries, each offering different benefits, salary ranges, and work environments. Here's a breakdown of the top sectors for accounting professionals in the state:

1. Public Accounting Firms

• Typical Salary Range: $60,000 (entry-level) to $120,000+ (senior roles)
• Perks: Fast-paced environment, exposure to a variety of clients and industries, excellent training for early-career professionals
• Considerations: Demanding hours during tax season and audit periods, but the experience gained is highly valuable and can lead to strong career advancement

Public accounting is ideal if you want to quickly develop a wide skill set and build credibility in the field.

2. Corporate Accounting (Private Industry)

• Typical Salary Range: $75,000 to $100,000+ (with advancement)
• Industries: Pharmaceuticals, telecommunications, finance, manufacturing
• Perks: More predictable hours, structured career paths, potential for bonuses and stock options

This path is well-suited for those looking for stability, professional growth, and a better work-life balance compared to public accounting.

3. Government Agencies

• Typical Salary Range: $55,000 to $90,000
• Employers: Local, state, and federal agencies
• Perks: Strong job security, pension plans, and generous health and retirement benefits

If you're interested in public service and long-term stability, government accounting offers meaningful work with reliable benefits.

4. Nonprofit Organizations

• Typical Salary Range: $50,000 to $80,000
• Perks: Purpose-driven work, good work-life balance, and a collaborative environment

While nonprofit salaries tend to be lower, this sector is a good fit for those who value mission-focused work and community impact.

Each of these industries offers distinct advantages, depending on your priorities—whether that's career growth, financial stability, job security, or personal fulfillment. Exploring internships or entry-level positions across sectors can help you determine the best path for your goals.

What regulations and ethical considerations should I know regarding accounting practice in New Jersey?

If you're planning to become an accountant in New Jersey, it's essential to understand the legal and ethical standards that govern the profession. The New Jersey State Board of Accountancy is the regulatory authority responsible for overseeing licensing, professional conduct, and continuing education for CPAs in the state.

Key Regulatory Requirements

To legally practice as a CPA in New Jersey, especially if you're offering services like audits or reviews, you must meet the following requirements:

• Pass the Uniform CPA Exam: This is a national exam that tests your knowledge in core accounting areas.
• Complete 150 semester hours of education: Typically beyond a standard bachelor’s degree.
• Gain one year (2,000 hours) of supervised work experience: This must be under a licensed CPA.
• Maintain your license through Continuing Professional Education (CPE): New Jersey CPAs must complete 120 CPE hours every three years, including courses on professional ethics.

Ethical Guidelines

New Jersey CPAs are expected to adhere to ethical standards that align with the AICPA Code of Professional Conduct. These include:

• Integrity and Objectivity: Always be honest, unbiased, and free from conflicts of interest.
• Independence: Especially critical when performing audit or assurance services—CPAs must remain independent in both fact and appearance.
• Confidentiality: You must protect client information and only disclose it when legally required or authorized by the client.
• Due Care: Apply professional knowledge and skill carefully and diligently in all services provided.
• Compliance with Laws and Regulations: Any breach, such as falsifying reports or committing fraud, can lead to disciplinary actions, including fines, suspension, license revocation, or even criminal charges.

These regulations and ethical standards are in place to protect the public interest, ensure trust in financial reporting, and uphold the reputation of the accounting profession in New Jersey. As you build your career, it’s crucial to stay informed, complete required training, and seek guidance when ethical dilemmas arise.

What is the continuing educational requirement for accountants in New Jersey?

If you're a licensed CPA in New Jersey, staying current in the profession isn’t optional but a requirement. The New Jersey State Board of Accountancy mandates that all CPAs complete 120 hours of CPE every three years to maintain their license.

CPE Requirements at a Glance

• Total Hours: 120 CPE hours over a rolling three-year period
• Annual Minimum: At least 20 hours of CPE must be completed each year
• Ethics Requirement: A minimum of 4 hours must focus on professional ethics during each three-year cycle

Topics That Qualify for CPE

• Accounting and auditing standards
• Federal and state tax updates
• Financial reporting
• Business law and management
• Ethics and regulatory compliance

Courses must meet standards set by the Board and typically align with national CPE guidelines. CPE can be earned through classroom training, webinars, self-study programs, and approved online courses.

Compliance and Recordkeeping

CPAs must retain detailed records of all CPE activities for at least five years. These may be requested by the Board during audits or license renewals. Failing to meet CPE requirements can lead to penalties, license suspension, or revocation.

Continuing education helps ensure that CPAs remain knowledgeable about evolving accounting practices, legal changes, and ethical responsibilities. It’s not just a regulatory obligation, it's also a smart investment in your career, credibility, and the quality of service you provide.

Can Complementary Legal Skills Strengthen My Accounting Career in New Jersey?

Integrating legal fundamentals with accounting expertise can significantly enhance strategic decision-making and risk management. Accountants who broaden their skill set to include legal principles are better positioned to navigate regulatory compliance, interpret contractual obligations, and advise on corporate governance. Developing interdisciplinary competence may involve targeted coursework or supplementary certifications to refine these competencies. For instance, exploring New Jersey paralegal education requirements can provide valuable insights into legal processes that complement financial analysis, thereby adding a competitive edge in handling complex financial and operational challenges.

What career and advancement opportunities are available for accountants in New Jersey?

New Jersey offers a strong landscape for accounting professionals looking to grow their careers. With over 20,000 accountants and auditors employed statewide and a projected employment growth rate slightly above the national average, the state provides a range of opportunities across industries, from public accounting to corporate finance, government, and nonprofit organizations.

Career Growth Paths for Accountants

Accountants in New Jersey can advance into a variety of roles, including:

• Senior Accountant or Accounting Manager: Typically requires several years of experience and often a CPA license.
• Controller or Director of Finance: Oversees all financial operations within an organization.
• Chief Financial Officer (CFO): A top executive role responsible for strategic financial planning.
• Specialized Roles: Including forensic accountant, tax advisor, financial analyst, or internal auditor.
• Entrepreneurship: Many experienced CPAs go on to start their own firms or consult independently.

Earning advanced credentials such as the CPA, CMA (Certified Management Accountant), or an online master's degree in accounting or finance can significantly improve your advancement potential and earning power.

Key Organizations for Career Development

• New Jersey Society of Certified Public Accountants (NJCPA): With over 10,000 members, NJCPA offers seminars, certification prep, mentorship programs, and networking events. These resources help accountants meet continuing education requirements and stay current with evolving accounting standards.
• American Institute of Certified Public Accountants (AICPA): As the national body for CPAs, AICPA supports career advancement through national certifications, webinars, publications, and partnerships with local chapters like NJCPA.
• New Jersey Business & Industry Association (NJBIA): NJBIA connects accountants with professionals in various sectors, offering insights into industry trends and access to broader networking events.
• Local Chambers of Commerce: These organizations provide grassroots networking opportunities and connections with small and midsize businesses in your area, which is ideal for CPAs looking to build a local client base or enter advisory roles.

Advancing Your Credentials

For accountants aiming to differentiate themselves in a competitive market, pursuing a graduate degree—such as the cheapest online masters in accounting—can be a smart investment. It helps meet CPA education requirements and demonstrates a commitment to ongoing professional growth.

With New Jersey employing more than 20,000 accountants and auditors and a job growth rate slightly above the national average, it’s clear that staying engaged with these professional groups and networking resources is key. Leveraging these tools will help you sharpen your skills, earn certifications, and connect with industry pros ready to help your career thrive.

Can Forensic Accounting Expand My Career Opportunities in New Jersey?

Accountants aiming to diversify their expertise may consider forensic accounting as a compelling specialization. This field merges financial analysis with investigative techniques to uncover fraud, support litigation, and enhance corporate governance. By developing targeted analytical skills and a deeper understanding of legal frameworks, professionals can access niche roles that complement traditional accounting practices. For additional insights into related investigative training, review forensic scientist education in New Jersey.

Which educational programs can best prepare me for an accounting career in New Jersey?

Aspiring accountants benefit from programs that integrate rigorous coursework with practical internship opportunities and robust industry networking. Accreditation and tailored certifications in areas such as taxation, auditing, and financial analysis can enhance professional credibility and ensure readiness for state requirements. For a detailed listing of top-tier options, refer to the best accounting schools in New Jersey.

Can Top Business Schools in New Jersey Boost My Accounting Career?

Accountants benefit from academic environments that combine rigorous accounting principles with real-world business insights. Top institutions in the state offer comprehensive programs emphasizing technology integration, strategic financial management, and regulatory updates, which are essential in today’s competitive job market. Graduates from these programs not only build a solid technical foundation but also expand their professional network via exclusive industry partnerships and mentorship opportunities. For those seeking to gain a competitive edge, exploring options at the best business schools in New Jersey can lead to enhanced career prospects and practical exposure to emerging market trends.

What do accountants say about their careers in New Jersey?

• Completing my accounting degree at the State University of New Jersey gave me a solid educational base and great networking opportunities. My first role at a local company allowed me to apply what I learned, especially when it came to navigating New Jersey’s distinct regulatory landscape. I’ve come to appreciate how the state’s diverse economy presents ongoing challenges and learning opportunities that keep me engaged. Being part of a community that recognizes the value of skilled accountants has made me proud of my role in contributing to the region’s economic growth and stability. Sophia
• Graduating from New Jersey City University opened numerous doors in the accounting field. My first job at a mid-sized company in the state gave me hands-on experience with financial reporting and tax compliance tailored to New Jersey’s business environment. As my career progressed, I took advantage of local workshops and certification programs that significantly boosted my growth. I particularly enjoy working with startups in the area, as I’m able to support the local economy while expanding my own professional expertise. Luigi
• My experience in the accounting program at Central Jersey College was both challenging and motivating. Starting my career at a business in New Jersey taught me to navigate the fast-paced, varied economic environment of the state. This career path has sharpened my analytical abilities and fueled my desire to contribute to community development through effective financial practices. I find it rewarding to help local organizations thrive while continually advancing my qualifications. Camren

Other Things You Should Know About Becoming an Accountant in New Jersey

What steps are required to apply for the CPA exam in New Jersey?

To apply for the CPA exam in New Jersey, you’ll want to start by making sure you meet the educational requirements. That means having 150 semester hours of college credits, with specific classes in accounting and business. Once you’ve got that covered, the next step is to fill out your application through the NASBA website and pay the necessary fees. Don’t forget to send in your official transcripts to prove your education. After your application is approved, you’ll get a Notice to Schedule (NTS), which lets you pick your exam dates. The CPA exam has four parts you’ll need to prepare for: Auditing and Attestation, Business Environment and Concepts, Financial Accounting and Reporting, and Regulation. Lastly, keep in touch with both the New Jersey State Board and NASBA to make sure you’re on top of any extra paperwork or updates throughout the process.

What are the eligibility requirements for taking the CPA exam in New Jersey?

If you're wondering what it takes to sit for the CPA exam in New Jersey, here’s the lowdown:

• You need a total of 150 semester hours of college education, which usually means a bachelor's degree plus some extra courses.
• Within those hours, make sure you have at least 24 semester hours in accounting subjects like auditing, financial accounting, and taxation.
• You also need 24 semester hours in business courses, covering topics like management and other related areas.
• Before you can take the exam, you’ll have to apply to the New Jersey State Board of Accountancy and pay the necessary fees.
• No worries about work experience for the exam itself, but keep in mind you’ll need to meet experience requirements later on to get your CPA license.

How many attempts are allowed to pass the CPA exam in New Jersey?

Wondering how many times you can take the CPA exam in New Jersey? The good news is, there’s no set limit on the number of attempts. You can retake any section as many times as you need until you pass. This gives you plenty of flexibility to prepare and succeed without feeling rushed or restricted.

That said, keep in mind the CPA exam has a rolling 18-month window rule that applies everywhere, including New Jersey. This means:

• You must pass all four sections within 18 months of passing your first section.
• If you don’t finish all sections in that timeframe, the credit for the earliest section expires.
• This encourages you to pace yourself but still gives you unlimited retakes within that period.

So, while you can try as many times as you want, planning your schedule wisely to meet that 18-month deadline is key to getting your CPA license on time.

Do I need a supervised accounting experience to qualify as an accountant in New Jersey?

Yes, if you’re aiming to become a licensed accountant in New Jersey, specifically a CPA, you definitely need supervised accounting experience. The state requires you to complete at least one year of hands-on work—about 2,000 hours—under the watchful eye of a licensed CPA or another qualified accounting professional. This isn’t just busy work; it’s designed to help you build real-world skills and understand the ethical and professional standards expected in the field.

Here’s what counts as qualifying supervised experience in New Jersey:

• Work involving accounting tasks like financial reporting, audits, or bookkeeping.
• Attest services, which means verifying the accuracy of financial statements.
• Compilation and preparation of financial documents.
• Management advisory services where you help businesses make financial decisions.
• Financial advisory roles dealing with investments or financial planning.
• Tax preparation and consulting services.
• Other consulting work related to accounting and finance.

The experience has to be properly documented and verified by your supervising CPA to make sure it meets all the state’s requirements. Usually, you’ll get this supervised time after finishing your educational requirements, but sometimes it can overlap with when you’re taking your CPA exams. This hands-on experience is key because it helps bridge the gap between what you learn in school and what you’ll actually do as a professional accountant.

References:

• Glassdoor. (2025, April 10). How much does an accountant make in New Jersey? Glassdoor.com. Retrieved May 5, 2025.
• Kaszerman, J. (2024, December 3). A multifaceted approach to address the accountant shortage. New Jersey Society of Certified Public Accountants. Retrieved May 5, 2025.
• NJ Department of Labor -. (n.d.). Career services | Demand occupations list. New Jersey Department of Labor. Retrieved May 5, 2025.
• Robert Half. (2025). Finance and accounting: Strategic priorities for 2025. RobertHalf.com. Retrieved May 5, 2025.
• Robert Half. (2025, January 31). 2025 in-demand finance and accounting roles and hiring trends. RobertHalf.com. Retrieved May 5, 2025.
• U.S. BLS. (2025, April 18). How to become an accountant or auditor. U.S. Bureau of Labor Statistics. Retrieved May 5, 2025.
• Zippia. (2025, January 8). Best colleges and degrees for accountants. Zippia.com. Retrieved May 5, 2025.