Ohio is the first state in the nation to allow continuing professional education in 10-minute increments for CPAs.
Ohio Society of CPAs president and CEO Scott D. Wiley announced the change Tuesday at the OSCPA’s Leadership Summit and Annual Meeting in Columbus. The Accountancy Board of Ohio approved the change at a board meeting last Friday.
Maryland and other states are working on similar initiatives, the OSCPA noted.
“We are proud of the collaborative relationship we have with the Accountancy Board of Ohio, the National Association of State Boards of Accountancy and the AICPA which helped to drive this change,” Wiley said in a statement. “Ohio is fortunate to have such strong regulators who are also innovative thinkers. We are excited to work with other state CPA societies to advance the future of learning.”
Pending approval by the Joint Committee on Agency Rule Review, CPAs will be able to take self-study CPE in blocks as short as 10 minutes and accrue it toward the 120-hour CPE requirement.
The OSCPA said it is already developing on-demand CPE in incremental blocks that CPAs can take when it is convenient to them. The OSCPA’s on demand library is available online and via all mobile devices.
Wiley also announced that the OSCPA is the first state CPA society to participate in a national diversity and inclusion survey, with a goal of launching resources to help CPAs drive diversity and inclusion at their organizations.
For more information on the change in CPE, contact OSCPA Executive Vice President Laura Hay at firstname.lastname@example.org.