The Statement on Standards for Continuing Professional Education (CPE) Programs (Standards), revised January 2012, raised the standards for all self study providers and eliminated the differences that previously existed between the QAS and Registry self study requirements. Accordingly, NASBA initiated changes to the administration of these programs to offer one designation for self study programs -- QAS Self Study. As a result, all current QAS or Registry self study sponsors, are required to complete a transition process to the QAS Self Study designation to ensure that the revised Standards have been implemented with respect to all self study program offerings.
As of January 7, 2014, we had the following statistics regarding our self study providers:
We will extend the acceptability of the QAS and Registry self study designations for those sponsors who applied for the QAS transition as of December 31, 2013. Any sponsor that submitted a QAS transition application and payment by December 31, 2013 will remain a QAS and/or Registry self study sponsor until NASBA has completed the review of the sponsor’s transition application, which will be completed by NASBA prior to December 31, 2014.
As previously communicated, in order to move more quickly to each application, NASBA has initiated a preliminary transition application review. This review will focus on three primary elements: (1) CPE measurement methodology; (2) composition of the final examination; and (3) the learning objectives. Our experience indicates that a failure in any one of these three elements usually results in other major deficiencies and, ultimately, a denial on the transition application.
If there is a failure in any one of these three elements, the sponsor will be notified that the minimal requirements have not been met to further the application through the review process. Additionally, the sponsor will receive a report of the preliminary review deficiencies. If the preliminary review is successful, you will receive a notice that your preliminary review was successful and that the application has moved to the next stage of the review process.
After March 1, 2014, any sponsor that receives a denial on its QAS transition application will be removed from QAS and/or the Registry self study delivery method. The sponsor will be allowed to apply for reinstatement, but the reinstatement application will go to the end of the queue of QAS self study applications.
If you have any questions on the transition process, please feel free to call 1.866.627.2286 and ask to speak to one of our instructional design administrators.