CPE Requirements and Credits

Reporting CPE Credits

CPE standards are established jointly by the AICPA and NASBA (the National Association of State Boards of Accountancy). State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. CPAs are advised to contact their state boards or other entities to which they report to determine their specific CPE requirements.

Recommended CPE Credit is calculated in accordance with current CPE standards. CPE credit is recommended based on the results of pilot testing by qualified CPAs. The average minutes spent by pilot testers on a course are divided by the 50 minutes in a credit hour to arrive at the recommended CPE credit. If your state board requires that credit for self-study courses be calculated based on a 50-minute hour in accordance with current CPE standards, you would receive 10 credits for a course that averaged a completion time of 500 minutes. If, however, your state board requires that credit for self-study courses be calculated based on a 100-minute hour in accordance with the previous CPE standards, you would receive 5 credits for a course that averaged a completion time of 500 minutes.

Self-study programs meeting QAS (Quality Assurance Service) requirements are measured using a 50-minute hour. Certain state boards of accountancy -- as listed on NASBA's Web site (www.nasba.org) -- either require or will accept self-study credit from CPE providers who are registered QAS sponsors. When reporting to these states, you may claim credit based on a 50-minute hour as shown in this catalog. When reporting CPE credit for AICPA membership, you may report credit based on a 50-minute hour.

CPE Course Content and “Interactivity”
In accordance with current CPE standards, all AICPA self-study courses elicit participant responses to test for understanding of the material, offer evaluative feedback to incorrect responses, and provide reinforcement feedback to correct responses. In this sense, they are considered "interactive." In addition, all AICPA self-study courses meet the standards of interactivity as defined by many state boards. CPAs are advised to consult their state boards or other reporting entities to determine their specific CPE requirements.

Preliminary CPE Credit
When this catalog indicates Preliminary CPE Credit for a self-study course, this means credit was estimated because the course was still under development or being pilot tested at the time the course description was prepared for publication. CPE credit for self-study programs is based on pilot tests conducted to determine average completion time. If you order a self-study course for which CPE credit has been estimated, the preliminary credit hours are subject to change. If the final recommended credit is lower than the previously estimated credit, the price of the product may be lowered accordingly. If the final recommended credit is higher than the preliminary credit, you will receive the higher amount of CPE credit without being charged a higher price. If you have any questions about this process, please contact us at:

AICPA Service Center Operations
P.O. Box 52403
Durham, NC 27717-2403
service@aicpa.org
888.777.7077
800.362.5066 (FAX)

CPE Requirements for AICPA Members
From January 1, 2001, forward, and for each three-year reporting period thereafter, all AICPA members shall complete 120 hours or its equivalent of continuing professional education. Compliance can be achieved either by a formal program of education or by any other means, however measured, that would be reasonably expected to maintain professional competencies in the member's area of practice or employment. Members shall report compliance with such requirement to the AICPA each year by paying membership dues and shall keep appropriate records and submit copies of such on request of the Institute. Members who are retired, unemployed or who have temporarily left the workforce are exempt from the AICPA's CPE requirement. Members who place their license/certificate on inactive status with their state board of accountancy AND do not hold themselves out as CPAs are exempt from the AICPA's CPE requirement as long as their state board does not require CPE while on inactive status.

Any course in this catalog is eligible for fulfilling these AICPA CPE requirements.

CPE Requirements for the Yellow Book
The Government Accountability Office’s (GAO's) Government Auditing Standards (Yellow Book), includes certain continuing professional education (CPE)  requirements. Auditors performing work under Government Auditing Standards, including planning, directing, performing field work, or reporting on an audit or attestation engagement under Government Auditing Standards, should maintain their professional competence through CPE. Therefore, each auditor performing work under Government Auditing Standards should complete, every two years, at least 24 hours of CPE that directly relates to government auditing, the government environment or the specific or unique environment in which the audited entity operates. For auditors who are involved in any amount of planning, directing or reporting on Government Auditing Standards assignments and those auditors who are not involved in those activities but charge 20 percent or more of their time annually to Government Auditing Standards assignments should also obtain at least an additional 56 hours of CPE (for a total of 80 hours of CPE in every two-year period) that enhances the auditor's professional proficiency to perform audits or attestation engagements. For details on the Yellow Book CPE requirements go to www.gao.gov.  Auditors must use professional judgment when determining and documenting if this course, or portions thereof, qualify for Yellow Book CPE in accordance with  Government Auditing Standards and Government Auditing Standards: Guidance on GAGAS Requirements for Continuing Professional Education (GAO-05-568).

You can identify a course in this catalog that may count toward the 24-hour requirement with this icon.

Learn and Earn Credits
To Obtain CPE Credit for Self-Study
To Obtain CPE Credit for Self-Study To obtain CPE credit for an AICPA self-study course (Text, DVD-based, and CD-ROMs), an individual must complete and pass the self-study exam included with the course. There are two ways to submit your exam for grading: online or by mail. With online grading you can save time and enjoy the convenience of real-time exam results and printable certificates of completion. Information on how to submit the self-study exam online is included with your course materials.

If you choose to submit the paper exam answer sheet included with your course materials, simply complete the original exam answer sheet (no photocopies or faxes) and mail it to the AICPA for grading in the pre-addressed envelope provided. The paper grading process averages five to seven business days from date of receipt. During peak reporting periods (June, Sept. and Dec.), the processing time may be 10 to 15 business days. The exam must be returned for grading within one year of purchase of the course. With a passing grade, you'll receive an AICPA certificate of completion stating the course title, the date the AICPA Grading Service received your answer sheet and the recommended number of CPE credits.

To Obtain CPE Credit for Group Study
Videocourse Additional Manuals are intended to be used only for group study training and do not include a self-study exam answer sheet. When taking a video-based course for group study CPE credit, please contact your State board of accountancy for information on how to obtain group study credit. The exam should not be returned to the AICPA for grading.

AICPA Sponsor I.D. Numbers
AICPA sponsor numbers for CPE reporting jurisdictions are as follows:


Illinois

158-000880

New Jersey

20CE0002990

New York

000648

Pennsylvania

PX-177106

Texas

000215

QAS

013

All others

A-0001

National Registry

112891



AICPA is registered with the National Association of State Boards of Accountancy (NASBA) as a Quality Assurance Service (QAS) sponsor of continuing professional education. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding QAS program sponsors may be submitted to NASBA through its website: www.learningmarket.org.

AICPA courses in the Personal Development field of study are not part of the Quality Assurance Service. Courses from ACFE are not part of the Quality Assurance Service.

NASBA Fields of Study
The programs offered by NASBA QAS sponsors must fall within one or more of the following CPE subject areas: Accounting, Accounting (Governmental), Auditing, Auditing (Governmental), Administrative Practice, Social Environment of Business, Regulatory Ethics, Business Law, Business Management & Organization, Finance, Management Advisory Services, Marketing, Behavioral Ethics, Communications, Personnel/HR, Computer Science, Economics, Mathematics, Production, Specialized Knowledge and Applications, Statistics and Taxes.