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State Board Report

August 2016

The revised "Statement on Standards for Continuing Professional Education Programs" and "Fields of Study that Qualify for Continuing Professional Education" were approved by the NASBA Board on July 22, and the Standards were also approved by the AICPA Board on August 4. These Standards are to be effective on September 1, 2016 for all CPE program sponsors except for those that have programs currently under development, which have until December 31, 2016 to put them into effect. The Standards are an appendix of the Uniform Accountancy Act.

Originally these revisions went out for comment in November 2015, then based on the comments received were revised again and sent out for a second comment period, which ended on April 30, 2016. CPE Committee Chair Maria Caldwell (FL) told the NASBA Board that every comment received had been reviewed and discussed by the Committee. The submitted comments did not result in major changes to the November 2015 exposure draft of the Standards, Ms. Caldwell noted.

Among the revised standards was the current Standard 16: "Sponsored Learning activities are measured by actual program length, with one 50-minute period equal to one CPE credit. Sponsors may recommend CPE credits under the following scenarios:

  • Group programs, independent study, and blended learning programs – A minimum of one full credit must be awarded initially, but after the first credit has been earned, credits may be awarded in one-fifth increments or in one-half increments (1.0, x.2, x.4, x.5, x.6, x.8, and so on).
  • Self study – A minimum of one-half credit must be awarded initially, but after the first full credit has been earned, credits may be awarded in one-fifth increments or in one-half increments (0.5,1.0,x.2, x.4, x.5, x.6, x.8, and so on).
  • Nano learning – Credits must be awarded only as one-fifth credit (0.2 credit). A 20-minute program would have to be produced as two stand-alone nano learning programs.

"Sponsors may round down CPE credits awarded to the nearest one-fifth, one-half, or whole credit at their discretion and as appropriate for the instructional delivery method; however, the CPA claiming CPE credits should refer to respective state board requirements regarding acceptability of one-fifth and one-half CPE credits." The Standards and Fields of Study can be found here.

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