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11
Nov

New Jersey Board of Accountancy Adopts New CPE Rules and Regs

뉴저지 주에서 새로 바뀐 CPE rule and regulations 를 아래와 같이 요약하여 알려 드리며, Complete copy of CPE Rules & Regulations (Chapter 29, New Jersey State Board of Accountancy) 는 아래에서 다운로드하실 수 있습니다.

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Board of Accountancy Adopts New CPE Rules and Regs

– October 23, 2015

On September 21, 2015, regulations were adopted in New Jersey that impact continuing education rules for active licensed CPAs. These new regulations went into effect immediately and apply to the current and future triennial reporting periods.

Credit-hour requirements

Language requiring licensees engaged in the practice of public accountancy to earn 24 CPE credits in Accounting was modified to 24 credits in Accounting or Auditing, which may include Compilation and Review.

Also, a more significant change in this regulation eliminates the requirement that a licensee must obtain a minimum of 60 hours of CPE through didactic instruction.

Self Study

The regulation that maximized self-study credits to 60 credits per triennial period was eliminated. A licensee may now take up to a total of 116 credits in a triennial period of self-study programs from a self-study CPE provider that is registered with NASBA’s national registry. Note: NJ Law and Ethics seminars remain only as live presentations.

In addition, minor changes to this regulation include the acceptance of the of the word-count method of determining credits allowed for self-study programs in accordance with the CPE Standards, and the adoption of the CPE Standards for Group Internet Based Programs.