With changing accounting practices and tax norms/regulations, you need to update yourself as a CPA. In many professions, including accounting, continuing professional education (CPE) is a must. The requirements vary by state, but all CPAs must adhere to the state accounting board’s mandate to retain and renew their license. In this post, we will talk about all the basic things you need to know.
- First and foremost, you need to review the state requirements periodically to know the possible courses you need to complete. While the requirements can differ, most states require CPAs to complete at least 40 CPE hours per year.
- As a major part of the CPE requirement, vast majority of states also ask CPAs to take a course in ethics. Now, California Ethics CPE can be very different from Wisconsin. However, the course ranges from two to eight hours in general.
- There are many ways to complete your continuing education courses. You will find hundreds of seminars, training programs and courses, which are available all through the year across all states. If you want to find local programs, it is best to follow your state CPA society, where you can find the latest information easily.
- Most CPAs are busy with their jobs and firms and hardly have the time to go to traditional classes. This is precisely why online CPE courses are getting so popular. There are some amazing websites, where you can find all sorts of options. Just make sure that you choose a website that’s popular and offers affordable options.
- Don’t wait until the last minute to take up continuing education courses. Missing credits can mean suspension or even revocation of your license, and you wouldn’t want that. Always plan your courses according to your schedules. Even two hours per week can be enough to complete your CPE courses ahead of license renewal time.
- Complete the easy ones first. Do note that CPE courses are not just meant to be compulsions. You can choose to learn more and expand the horizons of your career. Once you know the courses, you can complete the easy ones first, so that you are ready to get your required credits.
- Review the right sites. No matter whether you are looking for CA Ethics CPE courses or other options, check the websites that have good options. Besides pricing, which we have mentioned before, the concerned site should also offer free resources and additional support.
Get started with your continuing professional education (CPE) today!