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# AICPA Continuing Education Requirements: A Comprehensive Analysis
Author: Dr. Evelyn Reed, CPA, CGMA, PhD
Dr. Evelyn Reed is a Professor of Accounting at the University of California, Berkeley, and a licensed Certified Public Accountant (CPA) with over 20 years of experience in the field. She holds a PhD in Accounting and has published extensively on topics related to professional accounting standards, ethics, and continuing professional education (CPE). Her expertise includes analyzing the impact of regulatory changes on professional development requirements.
Publisher: The Journal of Accountancy (published by the AICPA)
The Journal of Accountancy is the flagship publication of the American Institute of CPAs (AICPA), the leading professional organization for CPAs in the United States. As such, it holds unparalleled authority on matters related to AICPA continuing education requirements, offering authoritative insights and analysis directly from the source.
Editor: Mark Johnson, CPA
Mark Johnson is a seasoned editor with over 15 years of experience at the Journal of Accountancy. He holds a CPA license and a deep understanding of accounting regulations and professional standards, ensuring the accuracy and relevance of the published material, particularly concerning AICPA continuing education requirements.
Keywords: AICPA continuing education requirements, CPA CPE requirements, continuing professional education, professional development, accounting CPE, AICPA CPE, CPAs, professional competence, ethics, accounting standards
A Historical Perspective on AICPA Continuing Education Requirements
The AICPA's continuing education requirements didn't emerge overnight. Their evolution reflects the dynamic nature of the accounting profession and the increasing complexity of financial reporting standards. Initially, the focus was on maintaining basic competency, with requirements primarily focusing on technical updates to generally accepted accounting principles (GAAP). The early years saw relatively minimal CPE mandates, often left to the discretion of individual state boards of accountancy.
However, several significant events shaped the landscape of AICPA continuing education requirements. The passage of the Sarbanes-Oxley Act of 2002 (SOX) dramatically altered the regulatory environment. SOX, enacted in response to major corporate accounting scandals, significantly increased the scrutiny of auditors and the importance of ethical conduct. This led to a heightened emphasis on ethics-related CPE within the AICPA continuing education requirements. The increased emphasis on corporate governance and internal controls necessitated more robust continuing professional education to equip CPAs with the skills and knowledge to navigate the complexities of SOX compliance.
The introduction of the International Financial Reporting Standards (IFRS) also spurred significant changes. The AICPA recognized the need for CPAs to be well-versed in both US GAAP and IFRS, leading to an expansion of AICPA continuing education requirements to include courses addressing international accounting standards. The globalization of business and the increasing interconnectedness of financial markets have further reinforced the importance of this aspect of professional development.
Current Relevance of AICPA Continuing Education Requirements
Today, the AICPA continuing education requirements are far more stringent and comprehensive than their predecessors. They are crucial for several key reasons:
Maintaining Professional Competence:
The accounting profession is constantly evolving. New accounting standards, auditing procedures, and regulatory changes necessitate continuous learning to ensure CPAs maintain their professional competence and provide high-quality services. The AICPA continuing education requirements are designed to address this need, ensuring CPAs remain updated on the latest developments.
Adherence to Ethical Standards:
The AICPA places a strong emphasis on ethical conduct. A significant portion of the AICPA continuing education requirements focuses on ethics training, aiming to equip CPAs with the skills and knowledge to navigate ethical dilemmas and maintain the highest levels of professional integrity. This is critical given the sensitive nature of financial information and the importance of trust in the accounting profession.
Meeting Jurisdictional Requirements:
Each state board of accountancy has its own licensing requirements, which typically include a minimum number of continuing professional education hours per year. Meeting these AICPA continuing education requirements usually satisfies state board mandates, ensuring CPAs maintain their licenses and can continue practicing.
Enhancing Career Prospects:
Demonstrating a commitment to continuous professional development through fulfilling AICPA continuing education requirements can significantly enhance career prospects. Employers often value CPAs who actively engage in professional development, viewing it as a sign of dedication and a commitment to excellence.
Staying Abreast of Technological Advancements:
The accounting profession is increasingly reliant on technology. AICPA continuing education requirements often incorporate courses on data analytics, cloud computing, and other relevant technologies, helping CPAs adapt to the changing technological landscape and improve efficiency.
Navigating the AICPA Continuing Education Requirements
The specific requirements for AICPA continuing education vary depending on the state and individual circumstances. However, some common elements include:
Minimum CPE Hours: Most states require a certain number of CPE hours annually (often 40 or more).
Ethics Requirements: A specific number of hours must be dedicated to ethics training.
Specific Course Content: Some states mandate CPE in specific areas like auditing, taxation, or financial reporting.
CPE Reporting: CPAs need to maintain accurate records of their completed CPE activities and submit them to the appropriate licensing boards.
Conclusion
The AICPA continuing education requirements are not merely administrative hurdles but are fundamental to maintaining the integrity and competence of the accounting profession. They reflect a commitment to continuous learning and adaptation in a constantly evolving landscape. By fulfilling these requirements, CPAs demonstrate their dedication to professional excellence and uphold the public trust placed in them. The historical evolution and current relevance of these requirements underscore their importance in safeguarding the financial health of businesses and the broader economy.
FAQs
1. What are the minimum AICPA continuing education requirements? The minimum requirements vary by state, but generally involve a specific number of CPE hours per year, often including ethics training. Check your state board of accountancy's website for precise details.
2. How do I track my CPE credits? Many states have online portals for tracking and reporting CPE credits. You can also maintain a personal spreadsheet or use CPE tracking software.
3. What types of courses qualify for AICPA CPE credit? A wide range of courses and activities qualify, including workshops, webinars, conferences, self-study courses, and teaching. The AICPA provides a list of approved sponsors.
4. What happens if I don't meet the AICPA continuing education requirements? Failure to meet the requirements can result in license suspension or revocation.
5. Can I get CPE credit for attending industry conferences? Yes, many industry conferences offer CPE credit; check the conference details beforehand.
6. Are online CPE courses acceptable? Yes, many reputable providers offer online CPE courses that are accepted by state boards.
7. How long are CPE credits valid for? The validity period varies by state, so consult your state board's rules.
8. What if I'm newly licensed? Newly licensed CPAs often have different requirements during their initial license period. Check your state board's website.
9. Are there any exemptions from AICPA continuing education requirements? Some states might offer exemptions under specific circumstances, but these are typically rare.
Related Articles:
1. "Understanding AICPA Ethics Requirements for CPE": This article provides a detailed breakdown of the ethical components within AICPA continuing education requirements.
2. "The Impact of SOX on AICPA Continuing Education": An analysis of how the Sarbanes-Oxley Act influenced the evolution of AICPA CPE requirements.
3. "Navigating State-Specific AICPA CPE Requirements": A guide on how to determine and comply with your state’s specific continuing education mandates.
4. "Effective Strategies for Meeting AICPA CPE Requirements": This article offers practical tips and strategies for efficient CPE completion.
5. "The Role of Technology in AICPA Continuing Education": An exploration of how technology impacts and enhances CPE programs.
6. "AICPA CPE and Career Advancement: A Practical Guide": Discusses the benefits of CPE for career progression within the accounting profession.
7. "International Accounting Standards and AICPA CPE": An in-depth look at IFRS-related CPE requirements and their importance.
8. "Best Practices for Maintaining Accurate CPE Records": Tips for keeping organized and compliant with reporting requirements.
9. "The Future of AICPA Continuing Education in the Digital Age": A forward-looking perspective on how technological advancements will shape future CPE.
| aicpa continuing education requirements: Governmental Accounting and Auditing Update Melisa F. Galasso, 2020-07-21 Be prepared for change by ensuring that you are current in accounting and auditing developments affecting government. Learn the latest accounting and auditing developments affecting governments by covering these hot topics: Risk assessment Documentation Leases Yellow Book Major program determination New GASB pronouncements |
| aicpa continuing education requirements: Fundamentals of Governmental Accounting and Reporting Bruce W. Chase, 2020-06-23 Fundamentals of Governmental Accounting and Reporting features the foundational tenets of governmental accounting and reporting in today's environment. Featuring updated accounting for GASB Statement No. 84, and fiduciary activities, this work reviews underlying concepts and shows how they are applied through real-life examples of CAFR, financial statements and updates of recent GASB standards.Key areas covered include: The governmental environment and GAAP Fund accounting and the financial reporting model Budgeting MFBA Revenues and expenditures Governmental, proprietary, and fiduciary funds Government-wide financial statements CAFR Special purpose governments Deferred outflows of resources and deferred inflows of resources |
| aicpa continuing education requirements: Essentials of Personal Financial Planning Susan M. Tillery, Thomas N. Tillery, 2018-09-21 ESSENTIALS OF PERSONAL FINANCIAL PLANNING Essentials of Personal Financial Planning was written to challenge the status quo by promoting personal financial planning (PFP) as a profession, not as a sales tool to gather assets under management or facilitate sales of insurance products. The book takes a comprehensive and integrated approach to PFP for accounting students, allowing them to view the profession through the lens of a CPA – with integrity and objectivity. This book systematically introduces the essentials of all the major PFP topics (estate, retirement, investments, insurance, and tax), as well as: The PFP process, concepts and regulatory environment. Professional responsibilities of a CPA personal financial planner and the requirements of the Statement on Standards in PFP Services. Time value of money concepts. The book then builds on these foundational concepts, showing their interconnectivity and professional opportunities, to provide a deeper understanding of PFP and its application. After reading this book, students will be able to apply the knowledge and skills gained from this course to have an immediate and long-term positive impact for themselves and for the clients they serve. |
| aicpa continuing education requirements: Financial Intelligence for HR Professionals Karen Berman, Joe Knight, John Case, 2008 As an HR manager, you're expected to use financial data to make decisions, allocate resources, and budget expenses. But if you're like many human resource practitioners, you may feel uncertain or uncomfortable incorporating financial numbers into your day-to-day work. In Financial Intelligence for HR Professionals, Karen Berman and Joe Knight tailor the groundbreaking work they introduced in their book Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean to present the essentials of finance specifically for HR experts. Drawing on their work training tens of thousands of managers and employees at leading organizations worldwide, Berman and Knight provide you with a deep understanding of the basics of financial management and measurement, along with hands-on activities to practice what you are reading. You'll discover: · Why the assumptions behind financial data matter · What your company's income statement, balance sheet, and cash flow statement really reveal · How to use ratios to assess your company's financial health · How to calculate return on investment · Ways to use financial information to support your business units and do your own job better · How to instill financial intelligence throughout your team Authoritative and accessible, this book empowers you to talk numbers confidently with your boss, colleagues, and direct reports--and with the finance department. About the Author Karen Berman and Joe Knight founded the Business Literacy Institute. They train managers at some of America's biggest and best-known companies. John Case has written or collaborated on several successful books. He has also written for Inc., Harvard Business Review, and other business publications. |
| aicpa continuing education requirements: Attestation Engagements on Sustainability Information (Including Greenhouse Gas Emissions Information) AICPA, 2017-09-25 New Authoritative Guide for SSAE No. 18 and Sustainability Organizations are increasingly seeking to add credibility to sustainability information: According to the CFA Institute, 73 percent of portfolio managers and research analysts surveyed take sustainability matters into account when making investment decisions and 69 percent believe it is important that such information be subject to independent assurance. This new guide will assist CPAs with interpreting and applying the clarified attestation standards (SSAE No. 18) when performing examination or review engagements on sustainability information. Note: This guide supersedes AICPA Statement of Position (SOP) 13-1, Attest Engagements on Greenhouse Gas Emissions Information. The content of that SOP has been updated for the clarified attestations standards and included in the guide. |
| aicpa continuing education requirements: Redesigning Continuing Education in the Health Professions Institute of Medicine, Board on Health Care Services, Committee on Planning a Continuing Health Care Professional Education Institute, 2010-03-12 Today in the United States, the professional health workforce is not consistently prepared to provide high quality health care and assure patient safety, even as the nation spends more per capita on health care than any other country. The absence of a comprehensive and well-integrated system of continuing education (CE) in the health professions is an important contributing factor to knowledge and performance deficiencies at the individual and system levels. To be most effective, health professionals at every stage of their careers must continue learning about advances in research and treatment in their fields (and related fields) in order to obtain and maintain up-to-date knowledge and skills in caring for their patients. Many health professionals regularly undertake a variety of efforts to stay up to date, but on a larger scale, the nation's approach to CE for health professionals fails to support the professions in their efforts to achieve and maintain proficiency. Redesigning Continuing Education in the Health Professions illustrates a vision for a better system through a comprehensive approach of continuing professional development, and posits a framework upon which to develop a new, more effective system. The book also offers principles to guide the creation of a national continuing education institute. |
| aicpa continuing education requirements: AICPA Professional Standards 2019 AICPA, 2019-10-16 Updated as of July 1, 2019, this two-volume set is a comprehensive source of professional standards and interpretations issued by the AICPA, such as auditing and attestation, accounting and review services pronouncements, along with the AICPA Code of Professional Conduct and Bylaws. Standards and related interpretations, to help you apply the standards in specific circumstances, are arranged by subject with amendments noted, superseded portions deleted, and conforming changes reflected. New to this edition: Statement on Auditing Standards (SAS) No. 134, Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Audit of Financial Statements SAS No. 135, Omnibus Statement on Auditing Standards—2019 SAS No. 136, Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA SAS No. 137, The Auditor's Responsibilities Relating to Other Information Included in Annual Reports Statement on Standards for Forensic Services No. 1, Statement on Standards for Forensic Services |
| aicpa continuing education requirements: Audit and Accounting Guide AICPA, 2020-07-24 From financial reporting to revenue recognition to grants and contracts to auditor report changes, you have a lot going on in the not-for-profit financial arena right now. Whether you're already an expert in NFP audit and accounting standards or just getting started, this is the practical guidance you need. This must-have resource for nonprofits accounting and auditing professionals is an essential reference that will assist you with the unique aspects of accounting and financial statement preparation and auditing for not-for-profit entities. It will help you with the following Understand and implement recent updates and changes, including those related to financial reporting, revenue recognition, and grants and contracts Gain a full understanding of the accounting issues unique to not-for-profit entities Assist in the implementation of auditor report changes. |
| aicpa continuing education requirements: Accounting and Valuation Guide AICPA, 2019-09-16 Developed for preparers of financial statements, independent auditors, and valuation specialists, this guide provides nonauthoritative guidance and illustrations regarding the accounting for and valuation of portfolio company investments held by investment companies within the scope of FASB ASC 946, Financial Services —Investment Companies, (including private equity funds, venture capital funds, hedge funds, and business development companies). It features16 case studies that can be used to reason through real situations faced by investment fund managers, valuation specialists and auditors, this guide addresses many accounting and valuation issues that have emerged over time to assist investment companies in addressing the challenges in estimating fair value of these investments, such as: Unit of account Transaction costs Calibration The impact of control and marketability Backtesting |
| aicpa continuing education requirements: U.S. International Tax AICPA, 2020-03-31 The U.S. International Tax: Core Concepts (9.0 CPE Credits) covers topics such as distinguishing the differences between various types of global tax systems and certain characteristics of each, entity classifications and different forms of operating a business in a foreign country. Valuable to anyone who needs to understand the complexities of international taxation, this U.S. International Tax: Core Concepts bundle offers you the opportunity to build a solid foundation in U.S. international taxation. The two-part series of self-study online courses is part of the U.S. International Tax Certificate, a comprehensive learning program developed in partnership with Grant Thornton geared to help global finance and accounting professionals navigate the highly complex world of international taxation. The series includes: International Tax Foundation Introduction to U.S. Outbound and Inbound Transactions WHO WILL BENEFIT? Public and corporate tax professionals interested in building a solid foundation in U.S. international taxation KEY TOPICS Tax Systems Inbound/Outbound Taxation Residency Foreign Tax Credits Entity Classification Subpart F Income Taxable presence in U.S. Income Sourcing in U.S. Withholding taxes in U.S. Tax Treaties Transfer pricing Key Actions under OECD BEPS initiative FDII GILTI LEARNING OBJECTIVES Part 1: Distinguish the differences between various types of global tax systems and certain characteristics of each Recall how the U.S. tax system works Recall entity classification and hybrids Recognize the different forms of operating a business in a foreign country Recall the concept of a permanent establishment / taxable presence in the United States and globally Recall U.S. income sourcing rules Identify general U.S. withholding tax rules Recognize the general function and benefits of most income tax treaties Recall the basics of transfer pricing rules for controlled transactions in the U.S. and globally Identify the key actions under the OECD Base erosion and profit shifting (BEPS) initiative Part 2: Identify business transactions that generate outbound tax issues. Recognize the approach for taxing U.S. persons with foreign activities. Describe the key tax reform provisions affecting outbound transactions. Recall the basics of the anti-deferral provisions applicable to controlled foreign corporations. Recognize foreign currency issues affecting outbound transactions. Recognize reporting requirements applicable to U.S. persons invested in foreign corporations, foreign disregarded entities, and/or foreign partnerships. Recall effectively connected income (ECI) to a U.S. trade or business Recall the rules for sourcing of income Recall the rules for fixed or determinable, annual or periodic gains, profits, and income (FDAP) Identify a framework for determining and calculating ECI and the Branch Profits Tax (BPT) Indicate a general framework on the U.S. withholding taxes Digital Badge: Your Professional Distinction Set yourself apart as a future-ready financial professional. Upon completion, you will be awarded with a certificate in the form of a digital badge. Digital badges allow you to distinguish yourself in the marketplace and show your commitment to quality. The badge can be posted to your social media profiles and linked to your resume or email signature, providing maximum visibility to your achievement. Credit Info CPE CREDITS: Online: 9.0 (CPE credit info) NASBA FIELD OF STUDY: Taxes LEVEL: Basic PREREQUISITES: None ADVANCE PREPARATION: None DELIVERY METHOD: QAS Self-Study COURSE ACRONYM: ITC_181_1 Online Access Instructions A personal pin code is enclosed in the physical packaging that may be activated online upon receipt. Once activated, you will gain immediate online access to the product for one full year. System Requirements AICPA’s online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by AICPA technicians. A stable and continuous internet connection is required. In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your account after successfully completing the course and/or exam. Supported Operating Systems: Macintosh OS X 10.10 to present Windows 7 to present Supported Browsers: Apple Safari Google Chrome Microsoft Internet Explorer Mozilla Firefox Required Browser Plug-ins: Adobe Flash Adobe Acrobat Reader Technical Support: Please contact service@aicpa.org. |
| aicpa continuing education requirements: Guide to Audit Data Analytics AICPA, 2018-02-21 Designed to facilitate the use of audit data analytics (ADAs) in the financial statement audit, this title was developed by leading experts across the profession and academia. The guide defines audit data analytics as “the science and art of discovering and analyzing patterns, identifying anomalies, and extracting other useful information in data underlying or related to the subject matter of an audit through analysis, modeling, and visualization for planning or performing the audit.” Simply put, ADAs can be used to perform a variety of procedures to gather audit evidence. Each chapter focuses on an audit area and includes step-by-step guidance illustrating how ADAs can be used throughout the financial statement audit. Suggested considerations for assessing the reliability of data are also included in a separate appendix. |
| aicpa continuing education requirements: AICPA Professional Standards: Accounting American Institute of Certified Public Accountants, 1974 |
| aicpa continuing education requirements: Audit Guide AICPA, 2018-06-19 This annual edition provides accountants and other financial professionals with assistance in understanding and applying the special considerations required in a single audit. It is an indispensable resource for auditors performing Yellow Book audits. This new edition provides up-to-date information and expert guidance on single audits and Uniform Guidance compliance audit requirements, including example auditor reports for both the reporting required under Government Auditing Standards and the Uniform Guidance compliance audit. |
| aicpa continuing education requirements: How To Pass The CPA Exam Stephanie Ng, 2013-06-26 A CPA exam guide written specifically for international students The US CPA qualification exam is the most popular professional accounting qualification not just in the United States, but around the world as well. As international testing centers open across the globe, increasing numbers of non-American students are taking the exam, but lack a study resource written specifically for them. Author Stephanie Ng passed the exam in less than a year and operates a popular exam test-prep website at IPassTheCPAExam.com. In How to Pass the CPA Exam, Ng explains her techniques and study tactics specifically for students outside the United States. A comprehensive and practical study guide for CPA exam students outside the United States Written by the operator of a highly popular test-prep website for international students Includes practical and effective test-prep resources Packed with smart advice presented from an international perspective, How to Pass the CPA Exam is a must for international students preparing for the test. |
| aicpa continuing education requirements: Municipal Accounting and Auditing National Committee on Governmental Accounting, 1951 |
| aicpa continuing education requirements: Statement of Cash Flows: Preparation, Presentation, and Use Tom Klammer, 2018-03-02 Disposed to numerous challenges and shortcomings, a cash flow statement is one of the most important financial statements for business. This book introduces the accountant to, and helps to boil down, the intricacies of the overall cash flow statement and its three major sections. Readers will review options for statement of cash flows preparation and presentation and methods to improve cash flow analysis. They will also explore the requirements of the statement of cash flows guidance and related standards, and learn how to make appropriate classifications of transactions and events. This book includes new changes resulting from FASB ASU No. 2016-15, Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments (a consensus of the Emerging Issues Task Force), and FASB ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (a consensus of the FASB Emerging Issues Task Force). This book will help accounants to: Recall the fundamental cash flow reporting requirements. Recall how to prepare a statement of cash flows using both the direct and indirect method of presenting operating information. Identify when investing and financing cash flows can be reported net. Identify cash flow transactions as operating, investing, or financing. Indicate how to present and disclose significant transactions that have no direct cash flow effect. Recall how to report selected operating items such as interest, taxes, and receivables. |
| aicpa continuing education requirements: Understanding Business Valuation Gary R. Trugman, 2008 |
| aicpa continuing education requirements: PCAOB Standards and Related Rules AICPA, 2019-03-26 Auditors of public companies opinions of the accuracy of a financial statement matters for the health of the company are important. This title is a must-have for practitioners, it includes updated staff guidance related to Changes to the Auditor’s Report Effective for Audits of Fiscal Years Ending on or After December 15, 2017. This guide will ensure that the audit staffs' audit reports resonate with investors, lenders, regulatory authorities and other financial statement users. |
| aicpa continuing education requirements: Essentials of Forensic Accounting Michael A. Crain, William S. Hopwood, Carl Pacini, George R. Young, 2018-08-08 The highly experienced authors of the Essentials of Forensic Accounting define and explain the disciplined approaches to forensic accounting that lead to a thorough knowledge of the varied specialties within forensic accounting. Through illustrative examples and explanations, this book makes abstract concepts come to life for both seasoned professionals and students and it will help them understand and navigate successfully in this multifaceted area. The Essentials of Forensic Accounting is an indispensable resource delivering matchless knowledge to practitioners, financial managers and students in understanding the complex elements and factors that impact the forensic accounting practice areas. This vital reference resource focuses the elements that must come together to effectively diminish the incidence and impact of fraudulent activities. The book addresses the main themes of Professional Responsibilities and Practice Management Fundamental Forensic Knowledge, Laws, Courts, and Dispute Resolution Specialized Forensic Knowledge, Bankruptcy, Insolvency, and Reorganization |
| aicpa continuing education requirements: PCAOB Standards and Related Rules: 2019 AICPA, 2020-03-10 Auditors of public companies’ opinions of the accuracy of a financial statement matters for the health of the company are important. This title is a must-have for practitioners, it includes two new auditing standards: Auditing Accounting Estimates, Including Fair Value Measurements (AS 2501) and Using the Work of an Auditor-Engaged Specialist (AS 1210) This guides also includes related amendments to other auditing sections, recently issued staff guidance on these topics, and staff guidance on critical audit matters. |
| aicpa continuing education requirements: AICPA Professional Standards American Institute of Certified Public Accountants, 2002 |
| aicpa continuing education requirements: AICPA Professional Standards , 2008 |
| aicpa continuing education requirements: Government Auditing Standards - 2018 Revision United States Government Accountability Office, 2019-03-24 Audits provide essential accountability and transparency over government programs. Given the current challenges facing governments and their programs, the oversight provided through auditing is more critical than ever. Government auditing provides the objective analysis and information needed to make the decisions necessary to help create a better future. The professional standards presented in this 2018 revision of Government Auditing Standards (known as the Yellow Book) provide a framework for performing high-quality audit work with competence, integrity, objectivity, and independence to provide accountability and to help improve government operations and services. These standards, commonly referred to as generally accepted government auditing standards (GAGAS), provide the foundation for government auditors to lead by example in the areas of independence, transparency, accountability, and quality through the audit process. This revision contains major changes from, and supersedes, the 2011 revision. |
| aicpa continuing education requirements: Improv Is No Joke Peter A. Margaritis, 2015-04-09 Improve your life, where everything’s not made up and the points do matter. Drew Carey’s show Whose Line Is It Anyway? has turned improvisational comedy into a pop culture phenomenon. But improv is more than just laughs—it’s a valuable training tool that will make you a more effective business professional. Inside, you will discover how to: Š Replace negative phrases like “Yes, but...” with successful terms like “Yes, and...” Š Park your agenda and really hear your client out. By listening to understand, you can adapt to their ideas and produce a more positive outcome. Š Grow your client relationships beyond the numbers to build rapport, comfort, and trust. Improv is no Joke is must-read for accountants, bankers, and other financial professionals to sharpen the invaluable leadership and communication skills you need to successfully relate to clients and communicate complex information in a user-friendly way. “Peter is the first CPA speaker who actually made me laugh. Who knew accountants could be funny AND inspiring? Now, if I could just get my taxes to not be a joke!” —Judy Carter, author of The Comedy Bible and The Message of You |
| aicpa continuing education requirements: IFRS Certificate Program AICPA, 2019-04-09 The IFRS (International Financial Reporting Standards) Certificate program (40.5 CPE Credits) will distinguish you from other accounting and finance professionals and expand your career opportunities both in the U.S. and globally. Since more than 125 countries require or permit the use of IFRS, taking this program will give you a distinct competitive advantage over your peers. As of January 1, 2018, those who successfully complete all courses in the curriculum will receive a certificate of achievement, a digital badge, a subscription to the eIFRS online subscription service and 40+ hours of CPE credit. Why is IFRS relevant in the US, and for you? U.S. multinationals are headquartered across the U.S., so you could easily find yourself with a client that has IFRS requirements, either for itself or a non-U.S. subsidiary. You might increasingly find yourself structuring deals and transactions with IFRS counterparties, including vendors and customers. Understanding the implications of structuring these transactions and reporting using IFRS will require you to have more than a passing knowledge of the differences between IFRS and U.S. GAAP. As both the FASB and IASB continue their standard-setting agendas, you'll need to assess proposals and be concerned about divergence that could impact your financial reporting or audit responsibilities going forward. Courses included: Credit for individual courses purchased can be applied to the full program if purchased within one year. IFRS: Business Combinations (IFRS 3) IFRS: Separate and Consolidated Financial Statements (IFRS 10 & IAS 27) IFRS: Earnings Per Share (IAS 33) IFRS: Fair Value Measurement (IFRS 13) IFRS: Financial Statements, Interim Reporting, and Cash Flows (IAS 1, IAS 34, and IAS 7) IFRS: Financial System Considerations in IFRS IFRS: The Effects of Changes in Foreign Exchange Rates IFRS: Impairment of Non-Financial Assets (IAS 36) IFRS: Income Taxes (IAS 12) IFRS: Intangible Assets (IAS 38) IFRS: Inventories (IAS 2) IFRS: Investment Property (IAS 40) IFRS: Investments in Associates and Joint Arrangements (IAS 28 and IFRS 11) IFRS: Financial Instruments (IFRS 9, IAS 39, IAS 31, and IFRS 7) IFRS: Leases (IAS 17) IFRS: Liabilities, Provisions and Contingencies (IAS 37) IFRS 5: Non-current Assets Held for Sale and Discontinued Operations IFRS: Policies, Changes, Errors; Events After Reporting Date; Related Parties (IAS 8, 10, and 24) IFRS: Property, Plant & Equipment (IAS 16) IFRS: Revenue Recognition (IAS 18 and IAS 11) IFRS: Segment Reporting (IFRS 8) IFRS: Share-based Payments and Employee Benefits, non-pension (IFRS 2 and IAS 19) IFRS: Tax Considerations Beyond IAS 12 IFRS Governance and Conceptual Framework IFRS: The Starting Point (IFRS 1) Who Will Benefit? Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS Learning Objectives Acquire a broad overview of key IFRS definitions and concepts. Obtain proficiency in complex IFRS areas including financial instruments and business combinations. Apply the fundamental principles of IFRS across a range of accounting topics. Understand the accounting impact of the latest standards and amendments issued by the IASB. Key Topics Fair value measurement Intangible assets Financial instruments Leases Revenue recognition Governance and conceptual framework Credit Info CPE CREDITS: Online: 40.5 (CPE credit info) NASBA FIELD OF STUDY: Accounting LEVEL: Basic PREREQUISITES: Familiarity with financial reporting and accounting principles under IFRS ADVANCE PREPARATION: None DELIVERY METHOD: QAS Self-Study COURSE ACRONYM: ICERT2IFRS1 Online Access Instructions A personal pin code is enclosed in the physical packaging that may be activated online upon receipt. Once activated, you will gain immediate online access to the product. System Requirements AICPA’s online CPE courses will operate in a variety of configurations, but only the configuration described below is supported by AICPA technicians. A stable and continuous internet connection is required. In order to record your completion of the online learning courses, please ensure you are connected to the internet at all times while taking the course. It is your responsibility to validate that CPE certificate(s) are available within your account after successfully completing the course and/or exam. Supported Operating Systems: Macintosh OS X 10.10 to present Windows 7 to present Supported Browsers: Apple Safari Google Chrome Microsoft Internet Explorer Mozilla Firefox Required Browser Plug-ins: Adobe Flash Adobe Acrobat Reader Technical Support: Please contact service@aicpa.org. |
| aicpa continuing education requirements: Auditing and Attestation Nathan M Bisk, JD, CPA, Nathan M. Bisk, 2003-10 |
| aicpa continuing education requirements: Grokking the System Design Interview Design Gurus, 2021-12-18 This book (also available online at www.designgurus.org) by Design Gurus has helped 60k+ readers to crack their system design interview (SDI). System design questions have become a standard part of the software engineering interview process. These interviews determine your ability to work with complex systems and the position and salary you will be offered by the interviewing company. Unfortunately, SDI is difficult for most engineers, partly because they lack experience developing large-scale systems and partly because SDIs are unstructured in nature. Even engineers who've some experience building such systems aren't comfortable with these interviews, mainly due to the open-ended nature of design problems that don't have a standard answer. This book is a comprehensive guide to master SDIs. It was created by hiring managers who have worked for Google, Facebook, Microsoft, and Amazon. The book contains a carefully chosen set of questions that have been repeatedly asked at top companies. What's inside? This book is divided into two parts. The first part includes a step-by-step guide on how to answer a system design question in an interview, followed by famous system design case studies. The second part of the book includes a glossary of system design concepts. Table of Contents First Part: System Design Interviews: A step-by-step guide. Designing a URL Shortening service like TinyURL. Designing Pastebin. Designing Instagram. Designing Dropbox. Designing Facebook Messenger. Designing Twitter. Designing YouTube or Netflix. Designing Typeahead Suggestion. Designing an API Rate Limiter. Designing Twitter Search. Designing a Web Crawler. Designing Facebook's Newsfeed. Designing Yelp or Nearby Friends. Designing Uber backend. Designing Ticketmaster. Second Part: Key Characteristics of Distributed Systems. Load Balancing. Caching. Data Partitioning. Indexes. Proxies. Redundancy and Replication. SQL vs. NoSQL. CAP Theorem. PACELC Theorem. Consistent Hashing. Long-Polling vs. WebSockets vs. Server-Sent Events. Bloom Filters. Quorum. Leader and Follower. Heartbeat. Checksum. About the Authors Designed Gurus is a platform that offers online courses to help software engineers prepare for coding and system design interviews. Learn more about our courses at www.designgurus.org. |
| aicpa continuing education requirements: AICPA Professional Standards 2019 AICPA, 2019-10-08 Updated as of July 1, 2019, this two-volume set is a comprehensive source of professional standards and interpretations issued by the AICPA, such as auditing and attestation, accounting and review services pronouncements, along with the AICPA Code of Professional Conduct and Bylaws. Standards and related interpretations, to help you apply the standards in specific circumstances, are arranged by subject with amendments noted, superseded portions deleted, and conforming changes reflected. New to this edition: Statement on Auditing Standards (SAS) No. 134, Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Audit of Financial Statements SAS No. 135, Omnibus Statement on Auditing Standards—2019 SAS No. 136, Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA SAS No. 137, The Auditor's Responsibilities Relating to Other Information Included in Annual Reports Statement on Standards for Forensic Services No. 1, Statement on Standards for Forensic Services |
| aicpa continuing education requirements: CPA Exam For Dummies Kenneth W. Boyd, 2024-04-23 Pass the CPA exam with clear study material, online practice, and up-to-date content CPA Exam For Dummies gives you a solid overview of everything you need to know to pass the Uniform CPA Examination—updated to reflect the 2024 exam updates. Only about half of aspiring CPAs pass the test their first time around. You can be in that one-and-done group, thanks to the concrete study plans in this book. You'll also get access to online resources, including study questions for each section of the exam and digital flashcards so you can really know your stuff on test day. Passing your exam is not just about the nuts and bolts. If you want to score your highest, you'll also need to understand how the test is organized and what to expect on text day. This Dummies study guide has you covered, with an overview of the updated exam and strategies for doing your very best. Review all content covered on the updated Uniform CPA Examination Answer practice questions and study with digital flashcards to solidify your knowledge Follow detailed study plans that will help you keep your test prep on track Maximize your score, pass the test, and launch your career as a CPA Anyone on the CPA track needs a copy of CPA Exam For Dummies. It's great as a supplement to review and prep courses, or all on its own. |
| aicpa continuing education requirements: CPA Exam For Dummies with Online Practice Kenneth W. Boyd, 2014-08-19 Get started on the path to passing the CPA exam today Passing the CPA exam can be the first step to a long and rewarding career. With CPA Exam For Dummies, you'll get a full overview of the exam, information on how to register, the requirements for taking and passing the tests, as well as a review of the four sections. This comprehensive introductory study guide provides you with a wealth of information, including all the current AICPA content requirements in auditing and attestation, business environment and concepts, financial accounting and reporting, and accounting regulation. From start to finish, the text is designed to prepare you for each portion of this rigorous exam. Preparing for the CPA exam can be a daunting process. With the classic For Dummies approach, CPA Exam For Dummies offers an overview and steps on how to get started. Go at your own pace to master the various sections of the exam, and use the book as a reference on an ongoing basis as you prepare for the exam portions. Dive into the book to find: An overview of the CPA exam, featuring exam organization and information on scoring A content review, including practice questions and explanations of answers Online bonus practice exams to boost your knowledge and confidence An overview of the benefits of passing the CPA exam and becoming a certified public accountant For those seeking to pass the CPA exam and launch their accounting careers, CPA Exam For Dummies is the go-to resource for getting started! |
| aicpa continuing education requirements: Cma 1 Acad Gleim, 2016-11-01 |
| aicpa continuing education requirements: Reform and Self-regulation Efforts of the Accounting Profession United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Oversight and Investigations, 1978 |
| aicpa continuing education requirements: AICPA Technical Practice Aids American Institute of Certified Public Accountants, 1975 |
| aicpa continuing education requirements: Government Auditing Standards Government Accounting Office, U.S. Government, 2012 Newly revised in 2011. Contains the auditing standards promulgated by the Comptroller General of the United States. Known as the Yellow Book. Includes the professional standards and guidance, commonly referred to as generally accepted government auditing standards (GAGAS), which provide a framework for conducting high quality government audits and attestation engagements with competence, integrity, objectivity, and independence. These standards are for use by auditors of government entities and entities that receive government awards and audit organizations performing GAGAS audits and attestation engagements. |
| aicpa continuing education requirements: Essentials of Forensic Accounting Michael A. Crain, William S. Hopwood, Richard S. Gendler, George R. Young, Carl Pacini, 2019-08-13 Essentials of Forensic Accounting Essentials of Forensic Accounting is an authoritative resource covering a comprehensive range of forensic accounting topics. As a foundation review, a reference book, or as preparation for the Certification in Financial Forensics (CFF®) Exam, this publication will provide thoughtful and insightful examination of the key themes in this field, including: Professional responsibilities and practice management Fundamental forensic knowledge including laws, courts, and dispute resolution Specialized forensic knowledge such as bankruptcy, insolvency, reorganization, and valuation Through illustrative examples, cases, and explanations, this book makes abstract concepts come to life to help you understand and successfully navigate this complex area. |
| aicpa continuing education requirements: Personnel Management Manual United States. Defense Contract Audit Agency, 1993 |
| aicpa continuing education requirements: Single Audits United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security, 2008 |
| aicpa continuing education requirements: Wiley CPA Exam Review 2011, Auditing and Attestation Patrick R. Delaney, O. Ray Whittington, 2010-10-05 This comprehensive four-volume set reviews all four parts of the CPA exam. With more than 3,800 multiple-choice questions over all four volumes, these guides provide everything a person needs to master the material. |
| aicpa continuing education requirements: Wiley CPA Exam Review 2013 O. Ray Whittington, 2012-12-07 Everything today's CPA candidates need to pass the CPA Exam Published annually, this Regulation volume of the comprehensive four-volume paperback reviews all current AICPA content requirements in regulation. Many of the questions are taken directly from previous CPA exams. With 3,800 multiple-choice questions in all four volumes, these study guides provide all the information candidates need to master in order to pass the computerized Uniform CPA Examination. Its unique modular format helps you zero in on those areas that need more attention and organize your study program. Complete sample exam The most effective system available to prepare for the CPA exam—proven for over thirty years Timely—up-to-the-minute coverage for the computerized exam Contains all current AICPA content requirements in regulation Unique modular format—helps candidates zero in on areas that need work, organize their study program, and concentrate their efforts Comprehensive questions—over 3,800 multiple-choice questions and their solutions in the four volumes Guidelines, pointers, and tips—show how to build knowledge in a logical and reinforcing way Other titles by Whittington: Audit Sampling: An Introduction, Fifth Edition Wiley CPA Exam Review 2013 arms test-takers with detailed outlines, study guidelines, and skill-building problems to help candidates identify, focus on, and master the specific topics that need the most work. |
| aicpa continuing education requirements: Wiley CPA Exam Review 2012 O. Ray Whittington, Patrick R. Delaney, 2011-11-08 Everything today's CPA candidates need to pass the CPA Exam Published annually, this comprehensive four-volume paperback reviews all four parts of the CPA exam. Many of the questions are taken directly from previous CPA exams. With 3,800 multiple-choice questions, these study guides provide all the information candidates need to master in order to pass the computerized Uniform CPA Examination. Its unique modular format helps you zero in on those areas that need more attention and organize your study program. Complete sample exam The most effective system available to prepare for the CPA exam—proven for over thirty years Timely—up-to-the-minute coverage for the computerized exam Contains all current AICPA content requirements in auditing and attestation; business environment and concepts; financial accounting and reporting; and regulation Unique modular format—helps candidates zero in on areas that need work, organize their study program, and concentrate their efforts Comprehensive questions—over 3,800 multiple-choice questions and their solutions in the four volumes Guidelines, pointers, and tips—show how to build knowledge in a logical and reinforcing way Other titles by Whittington: Audit Sampling: An Introduction, Fifth Edition Wiley CPA Exam Review 2012 arms test-takers with detailed outlines, study guidelines, and skill-building problems to help candidates identify, focus on, and master the specific topics that need the most work. |
Statement on Standards for Continuing Professional Education …
Continuing professional education is required for CPAs to maintain their professional competence and provide quality professional services. CPAs are responsible for complying with all …
Continuing Professional Education (CPE) - ICPAS
AICPA members shall complete 120 hours, or its equivalent, of continuing professional education (BL §230R.04). There are no CPE requirements for ICPAS membership.
Certified Public Accountant Continuing Professional Education …
How many CPE credit hours are required for renewal? A. A licensed CPA must complete 120 CPE credit hours per every three year renewal period. Of the 120 hours, at least 4 hours shall …
RHODE ISLAND BOARD OF ACCOUNTANCY FREQUENTLY …
What are the Rhode Island Continuing Professional Education (CPE) requirements? Rhode Island licensed CPAs must complete at least one hundred twenty (120) hours during each three (3) …
The Statement on Standards for Continuing Professional …
Continuing professional education (CPE) is required for CPAs to maintain or improve their professional competence and provide quality professional services.
Fields of Study That Qualify for Continuing Professional …
CPAs must accept and fulfill their ethical responsibilities to the public and profession, regardless of their fields of employment. A CPA performing professional services needs to have a broad …
The Statement on Standards for Continuing Professional …
Continuing professional education is required for CPAs to maintain their professional competence and provide quality professional services. CPAs are responsible for complying with all …
Continuing Professional Education (CPE) Requirements for the …
CPE is required for IDFPR licensure (i.e., Licensed Certified Public Accountant (LCPA)), AICPA membership and Yellow Book standards as outlined above. ** Personnel are defined in the …
CONTINUING PROFESSIONAL EDUCATION (CPE) …
CATCH‐UP CPE REQUIREMENTS TO ELECT ACTIVE STATUS AFTER ELECTING ANY OTHER STATUS: To change your status to Active, each CPA/PA must complete: Completion …
Continuing Professional Education (CPE) - icpas.org
Continuing Professional Education (CPE) Requirements for the Illinois Department of Financial and Professional Regulation (IDFPR), AICPA, Illinois CPA Society (ICPAS) and Government …
FIELDS OF STUDY THAT QUALIFY FOR CPE - NASBA
The fundamental purpose of Continuing Professional Education (CPE) is to help ensure that CPAs participate in learning activities that maintain and improve their professional competence. …
FOR IMMEDIATE RELEASE Media Contacts: Cassandra Gray, …
NASBA and AICPA Approve Revisions to Continuing Professional Education Standards . Among Other Changes, New Rules Broaden Virtual Learning Options for CPAs . NASHVILLE, TN and …
Continuing Professional Education (CPE) - icpas.org
CPE is required for IDFPR licensure (i.e., Licensed Certified Public Accountant), AICPA membership and Yellow Book standards as outlined above. ** Personnel are defined in the …
Statement on Standards for Continuing Professional Education …
Continuing professional education is required for CPAs to maintain their professional competence and provide quality professional services. CPAs are responsible for complying with all …
Bureau of Professional Licensing Accountancy FAQ - State of …
What are my continuing education requirements? A licensed CPA is required to earn 40 hours annually within the continuing education period including a minimum of 8 hours in auditing and …
Statement on Standards for Continuing Professional Education …
Continuing Professional Education (CPE) is the term used in these standards to describe the educational activities that assist CPAs in achieving and maintaining quality in professional …
The Statement on Standards for Continuing Professional …
Continuing professional education (CPE) is required for CPAs to maintain or improve their professional competence and provide quality professional services.
STATEMENT ON STANDARDS FOR CONTINUING …
continuing professional education requirements. Commentary. An accounting professional may have to meet CPE requirements of a state licensing body, other governmental entities, a …
The Statement on Standards for Continuing Professional …
Continuing professional education (CPE) is required for CPAs to maintain or improve their professional competence and provide quality professional services.
Statement on Standards for Continuing Professional Education …
Continuing professional education is required for CPAs to maintain their professional competence and provide quality professional services. CPAs are responsible for complying with all …
Statement on Standards for Continuing Professional E…
Continuing professional education is required for CPAs to maintain their professional competence and provide quality professional services. CPAs …
Continuing Professional Education (CPE) - ICPAS
AICPA members shall complete 120 hours, or its equivalent, of continuing professional education (BL §230R.04). There are no CPE requirements for …
Certified Public Accountant Continuing Professional E…
How many CPE credit hours are required for renewal? A. A licensed CPA must complete 120 CPE credit hours per every three year renewal period. …
RHODE ISLAND BOARD OF ACCOUNTANCY FREQUENTL…
What are the Rhode Island Continuing Professional Education (CPE) requirements? Rhode Island licensed CPAs must complete at least one …
The Statement on Standards for Continuing Professiona…
Continuing professional education (CPE) is required for CPAs to maintain or improve their professional competence and provide quality …
