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CPA-New York

CPE for CPAs licensed in New York

FunCPE is a registered CPE Provider with the New York State Board of Accountancy (Sponsor # 002025). The following overview is from the NY State Education Department Office of the Professions. For more detailed information, we recommend that CPAs verify all information with the New York State Board of Accounting.

New regulations require more CPAs and PAs in NY to obtain CPE

New rules effective July 26, 2009 require a CPA or PA to complete CPE requirements if he or she performs any accounting, tax, financial or management advisory work in New York State.

This CPE requirement includes licensed CPAs and PAs in not only public accounting, but also private industry, government, not-for-profit and education.

For those professionals not performing any type of accounting, tax, financial or management advisory work or those who work outside the state can request an exemption from mandatory CPE requirements.

CPE reporting period changed

The new rules also changed the CPE reporting year from a September 1 - August 31 year to a January 1 - December 31 year, effective with the 2009 calendar year.

FAQs on Continuing Education changes

1. How will the new law change the reporting year for continuing professional education?

The new law changes the mandatory continuing professional education (CPE) reporting year from a September 1 to August 31 reporting year to a calendar year. All registered CPAs and PAs will need to meet their annual CPE requirement by December 31, 2009.

2. Who has to complete CPE?

All registered CPAs and PAs must meet the CPE requirements.

3. What are the CPE requirements?

A registered CPA or PA must complete either 40 hours of general studies or 24 hours of concentrated study in one recognized area of study during each calendar reporting year (January 1 – December 31).

The CPA or PA must complete 4 hours of professional ethics CPE during his or her triennial registration period as described in question 4, below.

4. Do the 4 hours of professional ethics count toward my annual CPE requirement?

The 4 hours of professional ethics will count toward an individual's 40 hours of general studies in the year it is completed.

It will count toward the 24 hours of concentrated study only if the ethics coursework is completed in the same concentrated field of study. For example, an approved tax ethics course would count toward a 24 hour concentration in taxation but not toward a 24 hour concentration in advisory services.

 

Will the FunCPE Ethics for Enrolled Agents course meet the NY CPE requirements for CPAs?

No, although our course is accepted by the IRS Office of Professional Responsibility for EA ethics, it is not approved by any state board for CPAs specifically, which is required by the NYSBPA.

From the MCE (Mandatory Continuing Education) Questions and Answers page:

How do I know if the ethics course I want to take will meet the New York requirement?

To be acceptable, the ethics course must focus on professional ethics. New York State will not accept behavioral ethics as a substitute for professional ethics. If you are taking any New York State-specific ethics course then the course provider must be registered with the New York State Education Department to deliver NYS ethics CPE.

If you take a non-New York State-specific ethics course, then the provider must be approved to provide ethics by the Board of Accountancy of the jurisdiction in which the course is given.

For further clarification of the CPE rules for NY CPA s and PA s, please contact the NY State Board of Public Accountancy.