CPE is required for CPAs to maintain their professional competence and provide quality professional services. CPAs are responsible for complying with all applicable CPE requirements, rules and regulations of state boards of accountancy, as well as those of membership associations and other professional organizations.
How many CPE credits do I need?
For AICPA members, the reporting period runs from January 1 on the first full calendar year after joining. CPAs must complete at least 120 hours of CPE for each three-year reporting period, according to the AICPA. Check with the NASBA website for specific state requirements.
What’s the minimum number of CPE hours required?
Complete minimum of 20 CPE credit hours being an aggregate of either Structured or Unstructured Learning (as per member’s choice) in each calendar year The following class of members are exempted from CPE credit hours requirement: All the members (aged 60 years and above) who are not holding Certificate of Practice.
Can a CPE be carried forward to the following year?
Can any excess from one year be carried forward to the following year? The annual minimum requirements are as follows: 25 hours of Structured CPE (10 of which must be Core) and 15 hours Unstructured. In other words, 40% of the hours must fall under Core competencies.
How often do you have to take CPE to maintain your CFE?
To maintain your CFE Credential, you are required to earn at least 20 hours of Continuing Professional Education (CPE) every 12-month period. At least 10 of these hours must relate directly to the detection and deterrence of fraud and 2 hours must relate directly to ethics.
How many hours of CPE can you roll over?
If you have earned more than 20 hours of CPE in your previous reporting period, you may rollover up to 10 of these hours to meet your current CPE requirements. CPE earned prior to earning your CFE credential are not eligible for rollover. This includes any CPE earned from the CFE Exam Prep Course or the live CFE Exam Review Course.
