22 Mar 2016

Continuing Professional Education: Practical Guidelines for Every CPA

Accountant

AccountantAs a Certified Public Accountant or CPA, it’s your responsibility to maintain your professional competence though Continuing Professional Education (CPE). CPE is not solely for professional growth, though, but a necessity to meet the requirements of your state board to renew your license. How do you begin? With some planning and forethought, you could meet your requirements, strengthen your resume, and even expand your opportunities by following these:

Research and Confirm

Get in touch with your state board’s particular CPE requirements for CPAs. Taxspeaker.com and other accounting experts say that requirements of each state differs based on accepted education providers, delivery methods that count as completed hours, and the manner of distribution among tax, financial accounting, auditing, and ethics.

Think About your Long-Term Goals

Completing CPE is an ideal way to obtain specialized knowledge and skills that will give you an advantage over other professionals in your field, or the particular company you’re working for. It’s likewise necessary to meet the maintenance requirements for other professional certifications you may have, like a Certified Financial Planner (CFP) or Certified Management Accountant (CMA).

Choose the Right CPE Provider

Do your homework—research provider reviews online and ask others who’ve just finished CPE. Whether you’re looking for a classroom, seminar, or online CPA CPE course, the CPA society in your state can be a good source for locating courses and programs since they know which ones will be best for your specific needs.

Maintain Accurate Paper Trail

You’re solely responsible for maintaining an accurate record of your CPE activities, which you’ll have to submit to your state’s accountancy board. Majority of CPE reports need detailed information regarding specific program activities, course description, location, attended dates, and total hours you completed.

Spread Out your CPE

Be consistent and finish your CPE on an easy and fixed schedule so you won’t have to scramble to meet the deadline for license renewal. Likewise, it’s best that you check with your state to determine the minimum CPE credits you must complete every year.

As you can see, you can easily and comfortably complete your requirements for CPE if you apply these tips. And you have the added benefit of obtaining an accounting specialty should you wish, infuse your resume with more substance, and get an edge over others in your specific field.

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