• Basic Requirements for ALL members as of January 1, 2001
  From January 1, 2001, forward and for each three-year reporting period thereafter, all AICPA members shall complete 120 hours or its equivalent, of continuing professional education.

  When does the reporting period start and end? Documentation of CPE not required but should be maintained. Member is responsible for retaining any documentation that may be required.

• Reporting Period
  Begins calendar year after joining the AICPA.

• Grace Period
  Two months immediately following the reporting period. Hours credited toward a deficiency may not be counted toward the reporting period in which they are taken.

• Qualifying Programs
  Programs which contribute to the member's professional competence and are formal programs. No specific subject areas are required. Examples of qualifying programs are in-house training courses, trade association conferences or college and university classes.

To determine equivalent CPE hours use the following:

College or university:
Number of semester hours x 15 = CPE hours
Number of quarter hours x 10 = CPE hours
Programs from associations granting CEUs (continuing education units): Number of CEUs x 10 = CPE hours
Basic Requirements PRIOR to January 1, 2001

For programs which do not state the number of hours use:

Actual number of minutes spent in program/50 = CPE hours (round down to the nearest whole hour)

• Reporting
  Members report compliance by paying of dues. The yearly dues statement contains the following statement:
  
  In making my dues payment, I affirm that I have complied with the CPE membership requirements for the No other reporting is necessary.

• Documentation and Record Retention
  Members bear primary responsibility of documenting compliance with CPE requirements. For each program the member should be able to document the following:
  
  
  1. Sponsor
  2. Title and description of content
  3. Date(s)
  4. Location
  5. Number of CPE contact hours

• Exceptions to CPE Requirements
  The following members are not required to take CPE:
  
  1. Retired
  2. Temporarily left the work place
  3. Unemployed
  4. Members who have placed their CPA certificate/license in inactive status with the State Board of Accountancy and do not hold themselves out as CPAs to third parties.

• Request for Waiver of the AICPA CPE Requirement
  Members may request a waiver to the CPE Requirement for:
  
  
  1. Foreign Residency
  2. Health
  3. Military Service
  4. Other similar reasons

Mail:

AICPA Member Service Center
Attn: CPE Grading
220 Leigh Farm Road
Durham, NC 27707
Fax: 800.362-5066 or
Email: service@aicpa.org