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Continuing Professional Education Requirements for Accountants
Hello,
This is a reminder that there is still time to complete the Continuing Professional Education (CPE) requirements associated with your Colorado Certified Public Accountant (CPA) credential. Colorado Statute states that CPAs must complete a minimum of 10 CPE hours for every full quarter their credential is active (at least 80 hours per full 2-year license cycle).
Though the current license cycle runs from December 1, 2017 – November 30, 2019; the Reporting Period to complete your CPE requirements is January 1, 2018 – December 31, 2019.
To qualify for CPE credit, each continuing education program must comply with the Joint AICPA/NASBA Statement on Standards for Continuing Professional Education (CPE) Programs jointly issued by the AICPA and NASBA, published January 2016.
A minimum of four hours of CPE must be in Ethics, of which two hours may be in Colorado Rules & Regulations. Additionally, no more than 20 percent of CPE can be in Personal Development, as defined by the NASBA CPE Fields of Study (subjects related to Personal Development include, but are not limited to Career Planning, Leadership, Time Management).
Audits of compliance will be conducted following the end of the license cycle. If a selected CPA does not comply with the audit, disciplinary action for failure to comply with requirements may be considered by the Board.
***PLEASE DO NOT SUBMIT DOCUMENTATION UNLESS YOU ARE AUDITED***
How do I get more information? For more information on CPE requirements, please visit our website at www.colorado.gov/dora/Accountancy_CPE. There you can find detailed information about the program and the Board’s requirements. Everything you need to know can be found on this website!
Please direct questions about continuing professional education to dora_dpo_continuedcompetency@state.co.us or 303-894-2363.
Colorado Department of Regulatory Agencies Division of Professions and Occupations P 303.894.2363| F 303.869.0329 1560 Broadway, Suite 1350, Denver, CO 80202 dora_dpo_continuedcompetency@state.co.us
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