Continuing professional education is required for CPAs to maintain their professional competence and provide quality professional services. CPAs are responsible for complying with all applicable continuing education requirements, rules and regulations of state boards of accountancy, as well as those of membership associations and other professional organizations.
The Statement on Standards for Continuing Professional Education (CPE) Programs (2012) (Standards) is published jointly by the American Institute of Certified Public Accountants (AICPA) and the National Association of State Boards of Accountancy (NASBA) to provide a framework for the development, presentation, measurement, and reporting of CPE programs.
Implementation and Application of the Standards
The Standards are intended to be an “evergreen” document. As questions arise related to implementation and application of the Standards, the questions will be presented to the CPE Standards Working Group. The CPE Standards Working Group will meet quarterly as outlined below.
Authoritative interpretations will only be issued by the CPE Committee, upon the recommendation of the CPE Standards Working Group, in limited cases when the matter is not addressed in the Standards, cannot be addressed specifically with the CPE program sponsor, or cannot be addressed in the Best Practices document. All interpretations issued by the CPE Committee will be reviewed and considered by the Joint AICPA/NASBA CPE Standards Committee upon the next revision of the Standards.
CPE Standards Working Group - Quarterly Meeting Dates
As part of the review and evaluation process of the Standards, the CPE Standards Working Group will meet quarterly to address any questions related to the implementation and application of the Standards.
Questions or topics to be considered by the CPE Standards Working Group may be submitted to Jessica Luttrull, Associate Director-National Registry, at firstname.lastname@example.org.
Beginning April 2014, the CPE Standards Working Group began the review and evaluation of the Standards. The Working Group will be meeting more frequently that once each quarter. Please contact Jessica Luttrull, Associate Director, National Registry, for the next meeting date of the Working Group.
Future Standards Revision Process
Every two years, the Standards will be reviewed in their entirety by the CPE Standards Working Group. If the Working Group determines that revisions or modifications are required, then the Working Group will make its recommendation to the Joint AICPA/NASBA CPE Standards Committee. In the limited situation when an interpretation has been issued by the CPE Advisory Committee, the interpretation will be reviewed and considered at that time by the Joint AICPA/NASBA CPE Standards Committee.
In April 2014, the CPE Standards Working Group began their review and evaluation of the Standards. In addition to reviewing the Standards in their entirety, the Working Group will consider innovations, trends and techniques in CPE, as well as ideas and suggestions related to clarifications and modifications of the 2012 Standards.
Attendees of the 2014 National Registry Summit were able to review the current working draft of proposed changes to the Standards during the Summit and provided feedback to NASBA on the working draft.
The Working Group has continued with its review and evaluation of the Standards and will take into consideration the feedback received at the 2014 National Registry Summit.
When the Working Group finalizes the revisions and/or modifications to the Standards, then the Working Group will make its recommendation to NASBA's CPE Committee, which in turn makes recommendations to the Joint AICPA/NASBA CPE Standards Committee. The Joint AICPA/NASBA CPE Standards Committee will then make its recommendation to the respective AICPA and NASBA Boards of Directors. Any revisions or modifications to the Standards will be posted to the NASBA and AICPA websites for public comment.