Guam CPA Requirements

Guam Requirements & Education Options

General Requirement

Applicant must be 18 years old.

Applicant must be of good moral character.

Residency Requirement: Guam residency is not required to sit for the CPA Exam or to apply for licensure. U.S. citizenship is not required.

An examination candidate who passes all sections of the CPA Exam must meet Guam’s education and experience requirements before applying for licensure.

Education/Experience Requirement

CPA Exam candidates in Guam must complete 120 semester hours of college education, including a baccalaureate or higher degree conferred by a college or university acceptable to the Guam Board of Accountancy. The education must include a concentration in accounting or its equivalent as determined by the Board.

A concentration in accounting requires completion of at least 24 semester hours of upper-division accounting courses above the introductory level. The accounting coursework must cover subject matter including financial accounting and reporting, auditing and attestation services, taxation, managerial or cost accounting, and other accounting-related topics acceptable to the Board.

In addition to accounting coursework, the applicant must complete 24 semester hours of upper-division business courses in subjects other than accounting. Business-related subjects may include areas such as economics, finance, management, marketing, business law, and other business disciplines recognized by the Board.

To obtain a CPA license in Guam, an applicant must complete 150 total semester hours of college education, including the required accounting and business coursework described above. Official transcripts must be submitted directly from each college or university attended. If education was completed outside the United States, a foreign credential evaluation prepared by a Board-approved evaluation service must be submitted to determine U.S. equivalency of semester hours and coursework.

An applicant who is currently enrolled in an accredited college or university and will complete the required education within 18 months of sitting for the first CPA Exam section may qualify to sit for the CPA Exam by submitting a Certificate of Enrollment form with the application.

A transcript from a post-secondary educational institution located outside the United States shall be certified by the National Association of State Boards of Accountancy’s (NASBA) International Evaluation Service (NIES) or a credentialing agency that is a member of the National Association of Credential Evaluation Services, Inc.