Prior to the revisions to the Statement on Standards for Continuing Professional Education (CPE) Programs (2012) (Standards), the National Registry and QAS self study sponsors were held to the same requirements with the exception of the following:
QAS Sponsors were required to:
There were also administrative differences between the National Registry and QAS programs primarily in frequency of renewals, number and selection of programs reviewed and the basis of the application and reviewer fees.
The final revised Standards raise the standards for all self study providers and eliminate the differences between the QAS and National Registry self study requirements. Accordingly, NASBA has initiated changes to simplify the programs upon the effective date of the revised Standards.
The revised Standards, which were approved in January, 2012, are effective as follows:
The revised Standards raise the requirements for all self study providers and eliminate the differences between the QAS and Registry self study requirements. NASBA has initiated changes to the administration of these programs to offer one designation for self study programs – “QAS Self Study.”
If you are a current QAS or Registry self study sponsor, there is a transition process to the QAS Self Study designation to ensure that the revised Standards have been implemented with respect to all of your self study program offerings.
As of October 1, 2013, we have approximately 130 QAS or Registry self study sponsors who either have a QAS transition application in process with NASBA or have not yet acted on the QAS transition.
We have created a plan to review and respond to these applications as efficiently as we can. Our goal is to maintain the high standards of the National Registry without disrupting the marketplace and the availability of quality self study CPE for CPAs.
Our plan is as follows:
After December 31, 2013, 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; however, the reinstatement application will go to the end of the queue of QAS self study applications.
There will be a fee assessed for the transition and upgrade process to the QAS Self Study designation. The fee is based on the number of self study programs for which you plan to award “QAS Self Study” CPE credits. The fee schedule is graduated similarly to the initial, ADM and renewal applications. The fee is being assessed only to cover the cost of content reviewer fees, as selected programs will be reviewed for technical accuracy. The fee will start at $425 for a sponsor with 0-15 self study programs.