Professional organizations enter online CPE marketplace

The convenience, flexibility and low cost of online continuing professional education has contributed to a marketplace that now includes the American Institute of Certified Public Accountants' (AICPA) CPExpress, the Institute of Internal Auditors' (IIA) IIAonlineCPE Courses, and most recently, the Institute of Management Accountants' (IMA) online professional education site, IMA Knowledge Exchange and CPEdge. Packages and prices vary but all of the associations feature access to CPE courses through annual subscriptions.

Annual subscription prices for online CPE packages typically range from $150 to $400. All AICPA, IMA, and IIA packages meet Quality Assurance Standards (QAS) established by the National Association of State Boards of Accountancy.

Online professional training appeals to training coordinators because it eliminates travel expense for in-person training programs, and firms do not have to work around staff time away from the office. But many continue to question the effectiveness of e-learning in certain areas and are concerned about controls on staff performance on tests.

David Tolson of the AICPA told AccountingWEB that AICPA courses have controls to promote a thoughtful and careful approach to online learning. "Students cannot race through the course, do poorly on the test, and then immediately return to retake the test, he said. A student who has not scored well on the test is locked out of the course for a period of time before he or she can return."

Studies of the effectiveness of online training in business have found that while it is very effective in some areas, face-to-face or classroom instruction works better in others, according to The Wall Street Journal. Winfred Arthur Jr., a professor of psychology and management at Texas A&M University reviewed 164 studies of various training methods' effectiveness, in a 2003 article and found that "while trainees didn't always enjoy face-to-face teaching, it produced some of the biggest knowledge jumps."

Tim Boyle, chief executive of Columbia Sportswear. Co. says that online training works best in subjects such as business ethics, according to the Journal, "where you want to make sure that every employee hears the same message."

Online training has also been very successful at Home Depot when mastery of facts is called for. But in areas such as customer service, sales and leadership, Roger Anderson director of learning for Home Depot generally favors the face-to-face training, the Journal says. "An important part of training involves having associates play back for you what they've learned," he explains. "You want them to demonstrate that they've acquired the right skills."

Before selecting a program, the AICPA recommends that individuals and training coordinators test programs to see if they meet their needs. The AICPA offers a 30-day free trial of CPExpress.

The most effective online training programs, according to Traci Sitzmann, a research scientist at the Defense Department's Advanced Distributed Learning, include the following features:

  • Letting trainees control how quickly or slowly they move through the curriculum
  • Making Web-based training part of a long course, rather than a momentary interruption in regular routines
  • Letting trainees practice the material repeatedly if necessary
  • Providing feedback to trainees during the instruction, rather than waiting until after it is completed

    All of the accounting associations discussed in this article offer incentives including access to webinars or in the case of the AICPA, special pricing or access controls for larger group purchases.



    AccountingWEB.com Jul-13-2007
    Categories: Technology
    Times read: 1137
    Printer Friendly E-mail this Story Post a Comment Buy Reprints
    Number of comments: 2


    User comments Jill Gordon, Tradeshow Manager, NASBA , 05 December 2008 @ 18:19 PM  Rating
    NEW - NASBA's National CPE Expo
    In an effort to address the need expressed by the accounting industry for quality CPE at affordable prices on a broad spectrum of topics, NASBA is hosting the 2009 National CPE Expo at the Henry B. Gonzalez Convention Center in San Antonio, Texas on September 21-23, 2009. The CPE program will be lead by industry experts from over 20 different top CPE learning providers and is designed to cover the most popular CPE topics such as International Financial Reporting Standards (IFRS), Auditing, Executive Leadership, Taxes, Regulatory Ethics, Finance, a special session on Fraud not available anywhere else and much more. Attendees can earn up to 20 CPE credits (including the option for 4 post-event self study credits). Never before have so many top learning providers gathered in such a refreshing environment to present CPAs with leading-edge information needed to compete and excel in the ever changing accounting industry. To register, go to www.nationalcpeexpo.com.

    Jill Gordon

     

    User comments Jennifer Curtin, AGA, Virginia , 17 July 2007 @ 19:56 PM  Rating
    AGA Offers Online CPE Approved by NASBA
    AGA offers an interactive CPE program for government financial management professionals on the move. By reading an issue of The Journal of Government Financial Management, and taking the relevant quiz, you can earn Continuing Professional Education (CPE) credits. AGA has also partnered with SmartPros and Micromash to offer online CPE opportunities that have been approved by the National Association of State Boards of Accountancy (NASBA). Learn more at www.agacgfm.org/education/onlinecpe.aspx.
    Jennifer C., Virginia
     
    Add this news feed to your site for free!