AICPA Soliciting Your Response on Revised CPE Standards
The AICPA has published a revised exposure draft setting out standards for continuing professional education. Highlights of the draft include the following:
- CPAs are required to participating in activities that maintain and/or increase their professional competence
- CPAs may earn CPE credit for certain areas of learning that qualify as independent study, if performed under the direction of qualified sponsor
- Certain Internet-based programs will qualify for group study or self study CPE credits
- A half credit will be allowed in an activity where a full credit has already been earned
You can also read "CPE Update - Changing With the Profession" that was recently provided by the New York Society of CPAs.
Members of the CPA community are encouraged to read the exposure draft and offer their comments. Comments will be accepted through August 1, 2001. Comments should be directed to:
John F. Morrow, CPA
American Institute of CPAs
1211 Avenue of the Americas
New York, NY 10036-8775
E-mail: jmorrow@aicpa.org
Fax: 212-596-6025
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