Section 280-3-3 - EDUCATIONAL REQUIREMENTA. Title 32 M.R.S. §12228(3) sets forth the education required of candidates applying for the CPA examination.C. A college or university will be considered to be an "accredited college or university" if the college or university is accredited by an accrediting agency in good standing of the Council on Postsecondary Accreditation or equivalent agency. In the matter of foreign colleges or universities, the candidate shall submit his transcript to the Foreign Academic Credential Service or other service approved by the Board for its evaluation. Upon receipt of such evaluation, the Board shall determine the education qualification of such applicant.