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State Board Report

September 2014

The Indiana Board of Accountancy has approved a competency-based learning pilot program that will permit CPAs currently licensed in Indiana to take up to two on-line course modules from the Indiana CPA Society’s “CPA Center of Excellence” and receive a waiver for 16 hours of CPE credit. These are competency-based courses that must be completed within 90 days and that can each take from five to 12 hours to complete. The pilot program is in effect through December 31, 2015.

The Indiana-approved courses are on-line interactive modules that incorporate gamification and nano-learning. They feature video stories about real life experiences and users have the ability to start or stop the courses at any point. However, participants must demonstrate successful competency achievement through interactive elements before they can move on to the next section and be awarded a digital badge. The first two courses to be made available under this program were on critical thinking and the skills of leadership. Additional courses are being added.

Since 2010 the Indiana CPA Society has been exploring knowledge management concepts and applications. Two task forces of the Indiana CPA Society’s Board of Directors working with David Griffiths, Ph.D., of K3-Cubed Ltd., based in the United Kingdom, are credited with doing much of the work that served as a background for the development of the CPA Center of Excellence. In their paper released in November 2012, the INCPAS Board Task Force commented: “With a 30% CPE noncompliance rate for CPAs in Indiana (which is comparable to the rate in other states), does the Indiana CPA Society need to hold members more accountable during the CPE experience? As a professional organization, do we have an ethical obligation to do so?”

Currently the CPE Standards Working Group is reviewing the “Statement on Standards for Continuing Professional Education Programs,” which is appended to the AICPA/NASBA Uniform Accountancy Act. The group is comprised of 13 members representing stakeholders in CPE including the State Boards of Accountancy, NASBA’s Board of Directors, educators and the profession. The standards were last revised in January 2012.

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