License Renewal Date
CPE Reporting Period
7/1 to 6/30 biennially
4 hours of the total 80 hours is required in Ethics. Ethics courses must be administered by providers approved by the Board and include a review of the provisions of Chapter 455 and 473, Florida Statutes, and Chapter 61H1, Florida Administrative Code. Ethics CPE must be met prior to taking the Laws and Rules Examination.
Other Subject Area Requirements
The minimum credit for Accounting & Auditing is 20 hours over a two-year period. The accounting and auditing category is narrowly limited to include only courses on accounting and financial reporting subjects, professional pronouncements of authoritative accounting principles issued by the standard-setting bodies and any other related subject generally classified within the accounting discipline.
* Accounting and auditing subjects to consist of:
1. Accounting-related subjects or courses, including, but not limited to, financial accounting (including current authoritative literature in generally accepted accounting principles in the United States), and accounting for specialized industries.
2. Auditing-related subjects or courses, including, but not limited to, general auditing theory and practice (including current authoritative literature in generally accepted auditing standards in the United States), auditing for specialized industries (including governmental auditing requirements) and audit applications to computers and information systems.
Other category courses to consist of technical or behavioral subjects as described below:
* Technical business subjects to consist of:
2. Management services and management advisory services.
3. General business including, but not limited to, economics, business law, production or operational systems, marketing, finance, quantitative applications in business and business policy, and computers and information systems without audit applications; and
* Behavioral subjects to consist of:
1. Oral and written communications.
2. The social environment of business.
3. Administration of a public accounting practice including, but not limited to, behavioral sciences, managerial effectiveness and management by objectives.
* Higher education credit courses shall be credited for CPE purposes at the rate of 15 credits per semester hour and 10 credits per quarter hour, provided the number of contact hours in the classroom totals at least 90% of the continuing professional education credit so determined. Otherwise, CPE credit shall be limited to the actual number of contact hours.
* Attending and instructing elementary accounting courses is not acceptable for CPE credit.
* Whole credit hours required; must round down any fractional hours to nearest whole hour.
* Instructors, lecturers, panelists and discussion leaders for professional development courses and formal organized in-firm educational programs shall be credited for continuing professional education purposes at twice the credit granted participants for the first presentation of a specific course or program, the same as the credit granted a participant for the second presentation and none thereafter. Continuing professional education credit for instructing a higher education course shall be twice the credit which would have been granted participants for the first presentation of a specific course of program, the same as the credit granted a participant for the second presentation and none thereafter. Credit may be granted for subsequent teaching if the course material is substantially revised.
* The maximum credit for behavioral courses is 20 hours over a two-year period. The behavioral category includes courses on oral and written communications, the social environment of business, and administration of an accounting practice. Other examples of behavioral subjects are:
* Effective speaking
* Employee supervision
* Human Resources
* Leadership and motivation
* Management by objectives
* Speed reading and
* Time management
Other State Policies
* The law and rules exam is 25 questions and must be taken and passed prior to licensure and re-licensure (every two years). A passing score on the Laws & Rules exam must be postmarked no later than December 31. Legislation signed by Governor Crist on May 27, 2009, eliminates completion of the Florida laws and rules examination as a requirement for CPA licensure renewal. Florida’s rules were updated eliminating this requirement effective December 10, 2009.
* Florida requires that all self-study courses qualifying for accounting, auditing or technical business credit must be taken from sponsors of NASBA’s Quality Assurance Service (QAS). Technical business subjects that fall under this limitation are Business Law, Computer Science, Economics, Finance, Management Advisory Services, Marketing, Personnel/HR, Production, Specialized Knowledge and Applications, Statistics, and Tax.
* Behavioral courses do not have to be taken from an approved QAS sponsor.
The Florida board provides two automatic extensions for licensees who do not meet their CPE requirements by the end of the reporting period, June 30.
* The first extension expires on the September 15 following the June 30 deadline. The licensee will be required to meet the full CPE requirements along with an additional 8 Accounting and Auditing credits.
* The second extension expires on the December 31 following the June 30 deadline. The licensee will be required to meet the full CPE requirements along with an additional 16 Accounting and Audit credits.