Arkansas CPA CPE Requirements

How many CPE hours do Arkansas CPAs need?

Arkansas CPAs must complete 40 hours every year.

Reporting period: 1/1 to 12/31 annually.

NASBA Registry wording: 40 hours • (Required to report 40 hours for the current renewal year but allowed to “look back” to include the past 3 yrs totaling 120 hours if you are deficient in current reporting year.).

What is the Arkansas ethics CPE requirement?

Arkansas requires 4 hours of ethics every three years. Part of the requirement must cover Arkansas-specific rules.

NASBA Registry wording: Four (4) hours in the area of accounting professional conduct and ethics during the 36-months immediately preceding the expiration date of their current license. • One (1) hour of ethics must be on Arkansas State Board of Public Accountancy specific laws and rules. This requirement may be satisfied by completing a free, web based course via the Board's website or attending group training taught by a board member, board staff member, or a designee of the Board, and will count towards the 4 hour ethics requirement. • Licensees who received their initial license during the current calendar year are exempt from the ethics requirement until their first full calendar year of licensure.

Does Arkansas limit self-study CPE?

Arkansas caps self-study at 32 of the 40 hours.

When is Arkansas CPE due?

The reporting period ends on December 31, every year.

License renewal: January 1 annually.

Grace period: May look back 3 years / 120 hours if short in the current year.

Can Arkansas CPAs carry over extra CPE hours?

Excess hours do not carry over to the next reporting period.

Does Arkansas require hours in particular subjects?

Subject-area requirements: At least 40% of hours in accounting/attest, accounting ethics or tax if in public practice (20% otherwise).

NASBA Registry wording: At least 40% of hours in the following subjects: Accounting/Attest, Accounting Ethics or Tax (if public accounting). • At least 20% of hours in the following subjects: Accounting/Attest, Accounting Ethics, or Tax (if not public accounting).

Are there other Arkansas CPE limits?

• Independent study, self-study and authorship credits: Credits from these types of courses shall not exceed 80% of the total CPE hours required.
• Independent study: This type of CPE must be approved in advance by the Board.
• Instruction: Repetition of the same material in the same year will not be granted credit.
• Instruction for College/University courses: Courses taught must be upper level college courses and may only be used for CPE one time in a three-year period.
• Other Certification Exam courses: CPE credit is not given for academic courses or exam review courses used to qualify to take the CPA exam or acquire the CPA certification.
• Published Material: Articles, books or CPE Programs may be eligible for self-declared credit if the material contributes to the professional competency of the licensee and was formally accepted for publication in writing prior to the effective date of the renewal period.
• Group Study: Minimum of 8 hours based on 40-hour rule or 24 hours based on 120-hour rule is required.
• Self-Study: Must be QAS, NASBA Registry, or state board approved.
• Nano Learning: 4 hours maximum per year of a reporting period.

What other Arkansas CPE policies apply?

• AICPA and other national/state CPA professional organizations/associations.
• Accredited universities or colleges.
• Firms, both accounting and industrial offering in-firm education programs.
• Programs in the following subject areas are not acceptable continuing education: spirituality, personal health and/or fitness, sports and recreations, or foreign language and cultures and other subjects which will not contribute directly to the professional competence of the licensee.
• An active duty military service member outside of the State of Arkansas;.
• A returning military veteran within one (1) year of his or her discharge from active duty; or.
• the spouse of a person under (1) or (2) above.
• In order to receive a full or partial CPE exemption, a qualifying individual must submit a written request for an exemption to the Board.
• Principal Place of Business: May meet Arkansas's CPE requirements by meeting the CPE requirements of the Principal Place of Business.
• Licensee must be a non-resident licensee.
• Licensee must still fulfill one hour of Arkansas Specific Ethics.
• Licensee may be asked to demonstrate compliance with an audit.
• If Principal Place of Business has no CPE requirements, licensee must comply with Arkansas CPE requirements.