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State Board Report

July 2014

The CPE Standards Working Group and the Continuing Professional Education Model Rule Task Force are both currently considering innovations in the delivery methods of CPE, blended delivery methods and nano-learning, NASBA Director of Compliance Services Maria Caldwell and National CPE Sponsor Registry Associate Director Jessica Luttrull reported to the Regional Meetings. Every two years the Statement on Standards for Providers of Continuing Professional Education (CPE) are reviewed and revisions are circulated in the form of an exposure draft. During the 2014 review cycle, a CPE Model Rule Task force was also established to provide a process to incorporate the changes made to the Standards into the CPE rules adopted by Accountancy Boards. The model rule drafted by this task force will ultimately be recommended to the AICPA/NASBA Uniform Accountancy Act Committee. Ms. Caldwell said the goal of both of these subcommittees is to ensure that the type of learning that Accountancy Boards require for CPE falls squarely within best learning methods.

“The challenge with crafting a new model rule is that one effect of regulation is to set a floor for acceptable compliance, but you do not want it to be an anchor that holds down top performers,” she stated, after sharing some examples of innovative program models designed by Deloitte, the Khan Academy and Ernst & Young.

The Khan Academy has teamed up with the AICPA to work on nano learning, Ms. Caldwell reported. This is instruction given in short video clips that build on one another.

The large accounting firms spend hundreds of millions of dollars per year for their employees’ continuing education programs. Even if they do not count for CPE under current Accountancy Board rules, Deloitte is preparing just-in-time learning modules. According to a recent survey, a professional used to need 70 percent stored knowledge and then to look up the additional 30 percent to successfully complete an assignment, now that has reversed so that the professional needs 30 percent stored knowledge and the ability to look up 70 percent. These just-in-time modules can be referred to by the CPAs at the point they need the knowledge most. E&Y is using blended learning that includes classroom training combined with pre-work, homework and group work case study, for a comprehensive learning program that does not get CPE credit for all parts.

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