Continuing Professional Education (CPE) is required as a condition of annual certificate / registration renewal. CPE is measured by the calendar year and must be reported annually by January 31 of the following year.
Program Content and Quality
The Board is charged with the responsiblity of determining if a continuing education program satisfies CPE requirements. In its evaluation, the Board will consider whether:
- The program contributes directly to the professional competence of the CPA.
- The program content is current.
- The education and/or experience prerequisites for the program are stated with specificity.
- The materials used in the program are developed by qualified individuals for use with specified teaching methods.
- The program was reviewed by persons other than the preparer to ensure compliance with CPE standards.
- The program meets the Statement on Standards for Continuing Professional Education (CPE) Programs issued jointly by AICPA and NASBA.
As a general rule, CPE courses offered by any sponsor should be on a professional level and should relate to the field of accountancy. Basic courses in accountancy; information intended for the general public such as personal money management, elementary income tax, social security and retirement benefits; sales oriented presentations for system applications and equipment; and programs restricted to the policies, procedures or benefits of a particular employer, company or organization do not qualify for CPE credit.
Board staff performs random CPE audits on an annual or biennial basis. The licensee will receive a letter requesting documentation for every course submitted to the Board during the most recent rolling 3-year period. Failure to provide the requested documentation or to cooperate with the audit process will render the licensee ineligible for license renewal for the upcoming period.
Proper documentation includes the original Certificate of Attendance or Certificate of Completion awarded by the approved course sponsor, a statement from the college, university or CPE provider that you served as professor/instructor for the course, or a copy of the published article or book. Brochures, advertisements, receipts confirming reservations or payment of program fees, copies of Power Point presentations, etc. are not considered acceptable documentation.
CPE Extension Requests
Licensees who discover that they do not have the required number of hours to meet CPE compliance may request an extension of time to do so. The Extension Request with fee must be received in the Board office no later than the January 31 filing deadline. If approved, the Board will grant the licensee until June 1 to secure and report the additional hours needed.
Waiver Due to Extenuating Circumstances
A CPE waiver or partial waiver due to extenuating circumstances may be filed with the Board office no later than the Janauary 31 filing deadline. Write a letter describing your personal circumstances and the reason for a waiver request. The Board will generally only approve waivers when the circumstances indicate a severe personal hardship (illness, unusal personal circumstances, etc.). Waiver requests due to business circumstances will probably not be approved.