Sep 16, 2013

CPA Final’s Time Approaches

By Francesca Zampaglione, CPA, former PICPA Vice President, Professional Education

Updated Oct. 9, 2017

By now your children have returned to their learning environments, surrounded by their friends and cohorts. You may be wishing that you could do the same. Well, it’s not only time for your kids to get their credits, but it’s that time for CPAs too.

Around this time every other year, we have a fair number of our members double checking their CPE history to make sure that they are in compliance with Pennsylvania State Board requirements. You should be aware the CPE rules changed, including two big ones. In the State Board of Accountancy newsletter dated April 2013, the State Board highlights its recent rules and regulation changes applicable to CPE.

The first obvious change is with respect to ethics. Pennsylvania CPAs are now required to obtain a minimum of four hours of CPE in ethics beginning with the 2012-2103 renewal cycle.

The second prominent change that you should be aware of is that the board specifically states that “practice building” and “office management” are not acceptable CPE subject areas. To be on the safe side, if you have CPE credits in these topic areas, now’s the time to get that CPE that you thought you had and will need.

Here are a few other things to keep in mind as you are reviewing your CPE history:

  • Make sure that your CPE is with an approved sponsor. If you took all of your CPE with us, you already know that the PICPA is an approved sponsor of the Pennsylvania State Board of Accountancy (PA SBA). If you didn’t take all of your CPE with us, make certain that your certificate of completion has a sponsor code from either the PA SBA or NASBA. 
  • As mentioned above, you are now required to have four hours in ethics CPE. You should also have a minimum of 8-Tax and 16-A&A CPE credits. You should also make sure that you have a minimum of 20-credit hours in each year. 
  • You should have no more than 40 hours of self-study CPE. If you have more, you can only apply 40 hours toward your license renewal. 
  • If you’ve moved since you last renewed your license, you need to contact the PA SBA and let them know as they do not forward license renewals. 
  • Speaking of license renewals, the PA SBA expects to mail them out about two months prior our licenses expiring. Now, wouldn’t it be nice if you had all of your CPE done by then? Check out our catalog and let us help you renew your license with confidence!

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Statements of fact and opinion are the authors’ responsibility alone and do not imply an opinion on the part of PICPA officers or members. The information contained in herein does not constitute accounting, legal, or professional advice. For professional advice, please engage or consult a qualified professional.