For triennial license renewal, each accountant is required to complete, during the preceding triennial period, 120 hours of continuing professional education. This should include at least 24 credit hours in auditing, review and compilation for persons who are engaged in the practice of public accounting or are involved with the attest function in issuing audit, review or compilation reports. All accountants shall complete at least 72 credit hours of the required 120 credit hours in business law, computer science, economics, finance, management advisory services, mathematics/statistics, SEC practice, taxation, and professional ethics. Each accountant is also required to complete 4 credit hours in a law and ethics course. The remaining 48 credit hours may include courses that concentrate on practice management areas, such as organizational structure, human resource management and other administrative matters. Courses that relate to a licensee’s personal skills such as speaking, leadership, and managing people or organizations shall also be included in this category. Courses that relate to the development of a licensee’s practice or the marketing of services shall not be accepted towards satisfaction of continuing professional education requirements.
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