Artificial Intelligence Conference - Virtual-2024-Statement-on-Standards-for-CPE-Programs

2024-Statement-on-Standards-for-CPE-Programs

Pdf Summary

The document is the January 2024 joint AICPA/NASBA Statement on Standards for Continuing Professional Education (CPE) Programs. It sets the framework for how CPE is developed, delivered, measured, reported, and documented for CPAs.<br /><br />Key points:<br />- CPAs must maintain professional competence through ongoing education and comply with all applicable licensing and organizational CPE rules.<br />- The standards define major terms such as CPE credit, group live, group Internet based, self study, nano learning, blended learning, independent study, learning objectives, and qualified assessment.<br />- CPAs are responsible for keeping accurate records of completed CPE and should retain documentation, generally for at least five years.<br /><br />For CPE sponsors, the standards require:<br />- Programs to be based on clear learning objectives, appropriate knowledge levels, and current, accurate content developed and reviewed by qualified subject matter experts.<br />- Qualified instructors, participant evaluations, and suitable instructional strategies and technology.<br />- Clear advance descriptions of programs, prerequisites, preparation, credit, and policies.<br />- Proper attendance monitoring and documentation for group programs.<br /><br />The standards also specify delivery-method rules:<br />- Group live and group Internet based programs require real-time interaction and engagement.<br />- Self study and nano learning require review questions or assessments, with nano learning limited to 0.2 credit and a minimum 10-minute duration.<br />- Blended learning must combine asynchronous and synchronous elements and follow special credit rules.<br />- Independent study requires a written learning contract and sponsor oversight.<br /><br />The document details how CPE credit is calculated, including:<br />- 50 minutes equals 1 CPE credit.<br />- Pilot testing or word-count formulas for self study and adaptive learning programs.<br />- Rules for instructor, content reviewer, and author credit.<br /><br />Sponsors must issue completion certificates and retain extensive documentation supporting compliance. The standards become effective January 1, 2024.

Keywords

AICPA

NASBA

Continuing Professional Education

CPE standards

CPA competence

CPE credit

self study

nano learning

blended learning

independent study