Some, but not all CPAs licensed in California are required to take a fraud course.
Who needs to take a fraud CPE course?
Any CA CPA who:
- planned, directed or performed a substantial portion of the work or
- reported on an audit, review, compilation or attestation service
must complete 24 hours of accounting and auditing (A & A) CE plus 8 hours of fraud CE.
Acceptable A&A course subject matter includes financial statement preparation and/or reporting, audits, reviews, compilations, industry accounting, attestation or assurance services.
If a CPA performs work or reports on governmental agencies they must complete 24 hours of CE in courses focusing on governmental accounting, auditing or related subjects and 8 hours of fraud CE.
What fraud courses qualify?
Fraud CPE courses must be specifically related to the detection and/or reporting of fraud in financial statements.
Course No. 106114 | View study guide / outline
Purchase text separately: Executive Roadmap to Fraud Prevention and Internal Control-2nd edition
Subject classification: Accounting & Auditing
When should the fraud course be taken and reported?
The CE must be completed during the same two-year period as the work is performed.
For more information
Visit the California Board of Public Accountancy for additional details about general CPE requirements.