NASBA and AICPA Announce Final Approval of Revisions to CPE Provider Standards
NASHVILLE, TN and NEW YORK, NY (January 24, 2012) – The Boards of Directors for both the National Association of State Boards of Accountancy (NASBA) and the American Institute of Certified Public Accountants (AICPA) today announced final approval of the proposed revisions to the Statement on Standards for Continuing Professional Education (CPE) Programs (Standards), the framework for the development, presentation, measurement and reporting of CPE programs.
The approval comes following a collaborative analysis of the Standards by a joint AICPA/NASBA CPE Standards Committee and an extended public comment period of the Standards exposure draft. Overall, the submitted comments did not result in major changes or revisions to the Exposure Draft of the Standards. The most significant change to the Exposure Draft was to provide additional time on the front end for the implementation of the revised Standards.
The revised Standards will be effective as follows:
The newly revised Standards will provide flexibility for innovation in learning techniques and allow for future considerations around outcome-based learning. Significant revisions are in the areas of group internet-based learning and self-study programs; issuance requirements for half credits under self study programs; promotional/course announcement information for in-house training programs and alternate methods for calculating CPE credits for self-study programs.
NASBA’s mission is to enhance the effectiveness of state boards of accountancy in meeting their regulatory responsibilities. The Association promotes the exchange of information among accountancy boards, serving the needs of the 55 U.S. jurisdictions.
NASBA is headquartered in Nashville, Tenn., with a satellite office in New York, N.Y. and an International Call Center and Computer Testing Center in Guam. To learn more about NASBA, visit www.nasba.org.
The AICPA maintains offices in New York, Washington, D.C., Durham, N.C., Ewing, N.J. and Lewisville, Texas.
Media representatives are invited to visit the AICPA Press Center at www.aicpa.org/press.
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