Continuing Professional Education (CPE)
Ongoing education is a large part of maintaining the CPA credential. In Minnesota, active CPAs must earn continuing professional education (CPE) to use the credential without restriction. Inactive CPAs are not required to earn CPE, but many return to the classroom for education on issues that affect them as professionals.
Continuing professional education requirements are set and enforced by the Minnesota Board of Accountancy, outlined in Chapter 1105 of Minnesota Administrative Rules. CPAs must earn 120 hours of CPE every three years, including eight hours of ethics, with a minimum of 20 CPE hours annually.
A CPE year runs from July 1 to June 30 in Minnesota.
CPAs must be aware of the types of CPE accepted by the Minnesota Board of Accountancy. CPE limitations, including caps on self-study or courses offered by non-registered providers, exist to protect the credibility of the education required for the credential.
Read more about this topic: Minnesota Society Of Certified Public Accountants
Famous quotes containing the words continuing, professional and/or education:
“Perhaps the best definition of progress would be the continuing efforts of men and women to narrow the gap between the convenience of the powers that be and the unwritten charter.”
—Nadine Gordimer (b. 1923)
“Smoking ... is downright dangerous. Most people who smoke will eventually contract a fatal disease and die. But they don’t brag about it, do they? Most people who ski, play professional football or drive race cars, will not die—at least not in the act—and yet they are the ones with the glamorous images, the expensive equipment and the mythic proportions. Why this should be I cannot say, unless it is simply that the average American does not know a daredevil when he sees one.”
—Fran Lebowitz (b. 1950)
“Quintilian [educational writer in Rome around A.D. 100] thought that the earliest years of the child’s life were crucial. Education should start earlier than age seven, within the family. It should not be so hard as to give the child an aversion to learning. Rather, these early lessons would take the form of play—that embryonic notion of kindergarten.”
—C. John Sommerville (20th century)