CPE Requirements Montana
Montana
License Renewal Date
12/31
CPE Reporting Period
7/1 to 6/30 triennially
General Requirement
120 hours
Ethics Requirement
2 hours every 3 years of acceptable credit must consist of knowledge and the application of ethics or the codes of professional conduct of CPAs.
Other Subject Area Requirements
None
Credit Limitations
* The maximum credit for instructors is 50% of total required hours. Instructors and discussion leaders should receive credit for both preparation and presentation. For the first time they present a program, they should receive contact hour credit for actual preparation hours up to two times the class contact hours. If a course is rated at eight contact hours, the instructor could receive up to 24 contact hours of credit (16 hours for preparation and eight hours for presentation). For repetitious presentations the instructor should receive no credit unless he can demonstrate that the subject matter involved was changed sufficiently to require significant additional study or research.
* Articles/books is limited to 25%. Credit may be claimed for published books or articles on a self-declared basis with Board approval.
* Interactive self study equals 50 minutes for 1 credit if the sponsor is recognized and approved by NASBA CPE quality assurance service (referred to as NASBA QAS sponsor). You can view a list of QAS approved sponsors here.
* Non-interactive self study equals 100 minutes for 1 credit.
* University or college courses: Credit courses – Each semester hour credit equals 15 hours CE; Non-credit courses – each classroom hour will equal one qualifying hour.
* Half credits are accepted after first hour.
* If the full basic requirement is met by the end of any June 30 reporting period, the excess hours taken during the immediately preceding months of May and June may apply to the subsequent reporting period.
Other State Policies
* The board accepts programs approved by NASBA’s CPE Quality Assurance Service.
* A specific program qualifies as acceptable continuing education if it is a formal program of learning which contributes directly to the professional competence of an individual permitted to practice public accounting and such program meets the minimum standards of quality of development and presentation and of measurement and reporting of credits set forth in the Statement on Standards for Formal Continuing Education Programs published by the National Association of State Boards of Accountancy, or such other educational standards as may be established from time to time by the board