LMR Employee Passes the CPA Exam & Earns CPA License
We are pleased to announce that Joseph (Joe) Payne has earned his certified public accountant certification. Joe completed his education requirements, passed all four components of the rigorous CPA examination and completed the necessary experience requirement to receive his designation in the State of New Hampshire.
Developed by the AICPA (American Institute of Certified Public Accountants), the Uniform CPA Examination assesses the knowledge and skills of individuals and ensures that only those who are qualified become licensed as U.S. Certified Public Accountants. The CPA Exam is one of three requirements known as “the three E’s” needed to obtain a CPA license – education, examination and experience. CPA licenses are issued by state boards of accountancy in 55 U.S. jurisdictions. Candidates must earn a Bachelor’s degree and accumulate a minimum of 120 semester hours with at least 30 hours in accounting courses and 24 hours in other business courses; candidates must pass the CPA Exam; candidates much accrue an additional 30 credit hours for a total of 150 hours; and in New Hampshire, candidates must obtain one full year of experience in the field.
Joe is responsible for individual and tax planning and preparation, as well as audits, reviews and compilations. When asked about what he enjoys most about being a CPA, Joe said, “I appreciate providing valuable services to a variety of clients when they need it most. I also enjoy the supportive work environment at Leone, McDonnell & Roberts as the leadership team helps me continue to learn and grow in my professional career.”
Joseph graduated from Plymouth State University (PSU) with a BS in Accounting and a minor in economics. He was named to the President’s List and was a member of the Delta Mu Delta International Business Honor Society during his tenure at PSU. He began his journey with the firm in December 2018 as a Staff Accountant and works out of our Wolfeboro, NH office.
A native of Manchester, NH, Joseph is a member of the New Hampshire Society of Certified Public Accountants (NHSCPA) and the American Institute of Certified Public Accountants (AICPA). Outside of work, Joe is an avid fisherman, enjoying both fresh and saltwater fishing.
“We are very proud of Joe for this great accomplishment. He worked hard to pass the exam and obtain his certification. This, in combination with his experience and drive, make him a valued member of the LMR team,” said Managing Partner Evan Stowell.