How was your last CPE class?
Does this picture remind you of the last CPE class you attended?
It’s that time of year again….CPE. I always have difficulty staying awake during an eight hour CPE marathon. I guess I should break down and buy a cell phone, or bring a newspaper to the CPE class and read it to stay awake, but since these CPE classes cost me several hundred dollars, I feel that I would be screwing myself by not trying to learn something from them. Needless to say, I learn very little while attending them.
Here in Connecticut, you are placed in a large room with hundreds of other CPAs, are given very technical material of hundreds of pages, and are expected to absorb its contents in 50 minutes. I must be retarded because while I am still on page 3 in the course manual, the instructor and the class are on page 30. I suspect Evelyn Wood is a myth like Dale Carnegie. I never won any friends and influenced people reading his books: I just got fleeced.
And don’t you just love those online CPE courses where you are given 538 pages of material but only earn eight measely credits for reading them? Do CPAs actually read those 538 pages, or do they look at the exam questions and scan the material for the answers?
Maybe it’s time to rethink the CPE requirement. We all spend hours researching tax and auditing issues. We subscribe to tax books and attest reference materials. What about all those countless hours devoted to researching technical questions our clients present? Don’t those many hours constitute legitimate continuing education?
My proposal is to do away with a requirement largely benefitting the sponsors of these courses. If we as CPAs are not conducting continuing education as part of our profession, let’s face it, we won’t be in business for long: either we will be sued for negligence or our clients will think we are kluzes.
There’s nothing dumber than paying hundreds and hundreds of dollars every year for courses where, frankly, we learn little, if anything.
The Barefoot Accountant—is a Certified Public Accountant, Certified QuickBooks ProAdvisor, operating an accounting, tax, and QuickBooks consulting firm in Berlin, Connecticut, Accountants CPA Hartford, Connecticut, LLC. Bill has instructed graduate and undergraduate courses in Accounting, Auditing, and other subjects at the University of Hartford, Central Connecticut State University, Hartford State Technical College, and Purdue University. He also taught GMAT and CPA Exam Review Classes at the Stanley H. Kaplan Educational Center and at Person-Wolinsky, and is certified to teach trade-related subjects at Connecticut Vocational Technical Schools. His articles on tax and accounting have been published in several professional journals as well as on several accounting websites. William was born and raised in New Britain, Connecticut, and served on the City's Board of Finance and Taxation as well as its City Plan Commission. Bill is a crazed animal lover, feeding birds, squirrels, chipmunks, skunks, possums, stray cats, and any two-legged or four-legged critter traversing through his yard. His backyard in Berlin, Connecticut has been certified as a habitat suitable for wildlife by the National Wildlife Federation.
Bill also writes an Accounting, QuickBooks, and Tax blog: Accounting, QuickBooks, and Taxes by the Barefoot Accountant. For entertaining articles, please see his listing at The Amazing Brighenti.