CPE Q & A
North
Carolina State Board of CPA Examiners
The North Carolina State
Board of Certified Public Accountant
Examiners is an occupational licensing
board that grants certificates of
qualification as certified public
accountants (CPAs) to those individuals
who meet the legal requirements. The
Board also adopts and enforces the rules
of professional ethics and conduct to be
observed by CPAs in this state.
How many hours must I complete in a
calendar year?
How is CPE credit calculated?
Where can I find if a program sponsor is
approved to offer CPE in North
Carolina?
Have the rules regarding CPE
changed?
How long must I retain my CPE records?
How do I register for NCACPA-sponsored
CPE events?
How and where do I register for self-study or CPE webcasts?
I want to take a self-study course. Is
there a problem if I complete the work
this year but do not send in my test
until late December?
Does NCACPA offer onsite CPE or
customized training for firms?
Do I need my online password to browse
NCACPA’s CPE offerings?
What CPE do you offer?
How do I receive information about my
online password?
Guidance on GAGAS Requirements for
Continuing Professional Education
I have been put on a waitlist for an
upcoming class. What happens next?
How do I know the status of an event in
situations of inclement weather?
How do I obtain my NCACPA CPE
transcript?
How much do I save on CPE with
membership?
What if I have a dietary requirement or
special need?
What is the dress code?
Do NCACPA programs qualify for Certified
Financial Planner (CFP) credits?
Do NCACPA programs qualify for
continuing legal education (CLE)
credits?
Where can I find information about hotel
accommodations close to my course?
CPE
Credit Questions and Answers
Q: How many hours must I complete in
a calendar year?
A: North Carolina CPAs must take
40 hours of CPE between January 1 and
December 31 each year to maintain their
North Carolina certificate. Those 40
hours must include at least eight hours
of CPE in a group study environment and
two hours of group study or four hours
of self-study in a qualified ethics
course.
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Q: How is CPE credit calculated?
A:
CPE programs are measured by program length, with one
50-minute period being equal to one CPE
credit. Participants must round down,
not up.
-
Half-hour credits will be accepted
for CPE after the first full hour of
credit is earned.
A half hour is equal to 25 minutes;
a full hour is equal to 50 minutes.
-
CPE self-study is limited to 32
hours per year and is computed on an
hour-for-hour basis.
-
As part of the annual CPE
requirement, all active CPAs must
complete two hours of ethics in a
group study format or four hours of
ethics in a self-study format.
-
Refer to the
North Carolina State Board of CPA
Examiners for questions
regarding CPE regulations.
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Q: Where can I find if a program
sponsor is approved to offer CPE in
North Carolina?
A:
Please visit the
North Carolina State Board of CPA
Examiners.
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Q: Have the rules regarding CPE changed?
A: CPE rules change frequently. For the most
up-to-date information, log onto the
North
Carolina State Board of CPA Examiners
website.
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Q: How long must I retain my CPE
records?
A:
CPE records must be retained for at least five years. NCACPA
retains members’ records for all NCACPA
courses for five years.
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Q: How do I register for
NCACPA-sponsored CPE events?
A:
We offer four convenient registration options:
1.
Register online at
www.ncacpa.org.
2.
Mail your registration form, with
payment (by check or credit card), to
NCACPA, PO Box 80188, Raleigh, NC
27623-0188.
3.
Call the NCACPA’s Member Service Center
at (800) 469-1352.
4. Fax your
registration form and credit card
information to (919) 469-3959
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Q: How and where do I register for
self-study or CPE webcasts?
A:
Click
here to learn more about
webcasts and self-study offered by
NCACPA.
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Q: I want to take a self-study
course. Is there a problem if I complete
the work this year but do not send in my
test until late December?
A:
Maybe. The sponsor’s certificate of completion
is the only independent verification of
the completion date for the self-study
course. If the certification of
completion is dated in January, you
cannot claim credit for the CPE for the
previous calendar year. (Keep in mind
that you may not claim more than 32
hours of self-study annually.)
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Q: Does NCACPA offer onsite CPE or
customized training for firms?
A:
Yes. Please contact Kim Grissom at (800) 722-2836 ext. 135
or
kgrissom@ncacpa.org.
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Q: Do I need my online password to
browse NCACPA’s CPE offerings?
A:
No, you will only need your password when you actually begin
the registration process for an event.
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Q: What CPE do you
offer?
A:
·
NCACPA offers 13 conferences, over
500 seminars, and over 80 chapter
events.
·
Customized on-site training programs.
·
Self study programs.
·
Webcasts.
·
Please check the
CPE catalog for a
complete listing of our CPE curriculum.
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Q:
How do I receive information about my
online password?
A:
NCACPA members:
If you do not have an email address, please contact the
NCACPA Member Service Center at (800)
469-1352 for instructions.
Nonmembers:
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Q: Guidance on GAGAS
Requirements for Continuing Professional
Education
A:
Guidance on
GAGAS Requirements for Continuing
Professional Education
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Q:
I have been put on a waitlist for an
upcoming class. What happens next?
A:
If a space becomes available, you will automatically be
taken off the wait list and moved into
the event. An email confirmation will be
sent to notify you of this change.
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Q:
How do I know the status of an event in
situations of inclement weather?
A:
Our Inclement Weather Line, (800) 722-2836, Ext. 122, is
available 24 hours a day and will be
updated with event information in the
case of inclement weather. NCACPA will
attempt to contact members in advance
for cancellations or delays, when
possible.
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Q:
How do I obtain my NCACPA CPE
transcript?
A:
Members may log onto the “My Membership” section, click on
“My Account.” Login, then select “Print my NCACPA CPE Transcript History.”
NCACPA courses taken during the current CPE reporting year
will be available by January 31. Transcripts may not be accurate prior to
this date and are subject to change.
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Q:
How much do I save on CPE with
membership?
A: Members of the association generally save $50 for an
eight-hour program or more and $25 for
two and four-hour programs.
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Q:
What if I have a dietary requirement or
special need?
A:
If you have special needs, indicate them on your
registration form or call NCACPA at
(800) 469-1352 one week prior to the
program.
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Q:
What is the dress code?
A: Our dress code is business casual. Meeting room
temperatures are difficult to control. For your comfort, we recommend dressing
in layers to accommodate typical
variations in meeting room
temperatures.
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Q:
Do NCACPA programs qualify for Certified
Financial Planner (CFP) credits?
A:
CFP-approved courses are identified in
all of NCACPA’s promotional material by
&. CPAs holding a CFP credential
must take their continuing education
from a vendor registered with the CFP
Board of Standards.
Sign-in sheets will be available at all
NCACPA CFP-approved seminars. To receive
credit, members must sign in and provide
their FP certification number. NCACPA
will route these sheets to the course
vendor for subsequent submission to the
CFP Board. Due to the complexity of
NCACPA conferences, individual
conference sessions will not be
submitted to the CFP Board.
Educational requirements for CFP
credential holders are 30 hours of
continuing education each reporting
period. This means two hours from a CFP
Board-approved program on CFP Board’s
Code of Ethics and Professional
Responsibility and/or Financial Planning
Practice Standards; and 28 hours from
one or more of the topics approved by
the CFP Board. NCACPA’s Professional
Ethics and Conduct seminar does not
satisfy the CFP ethics requirement since
it does not review the specific
professional standards set by the CFP
Board.
If you have questions or comments
regarding CFP credit you received
through NCACPA, please contact Robin
Erbec, CFP Board of Standards, at
cesponsor@cfpboard.org.
For more
information, visit the
CFP
website.
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Q:
Do NCACPA programs qualify for
continuing legal education (CLE)
credits?
A:
Many of NCACPA programs will qualify for continuing legal
education credits. At your request,
NCACPA will submit CPE programs to the
North Carolina State Bar under our
sponsorship agreement. Be aware, North
Carolina State Bar rules require courses
are submitted within 45 days of
occurrence or by December 31. Taking a
course in November or December? Let us
know in advance and we’ll take care of
the approval request. Legal
professionals will be responsible for
reporting, record maintenance, and
associated CLE fees.
Some NCACPA programs such as conferences
and Don Farmer Tax Seminars are
submitted in advance for CLE approval.
These courses are identified in all of
NCACPA’s promotional materials by the
CLE icon
§.
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Q:
Where can I find information about hotel
accommodations close to my course?
A: You can visit ‘Hotel
Accommodations’ under the ‘CPE and Events’ section.
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