The National Association of State Boards of Accountancy and the American Institute of CPAs have changed their continuing professional education standards to include, among other things, broader virtual learning options for CPAs.
Under the revised rules, a virtual option has been added under the "Group Live" instructional delivery method. The 2024 standards also include clarifications to help award CPE credit in appropriate increments when multiple presenters are involved in a session, and to clarify the required attendance monitoring mechanisms for group internet-based programs.
"These newly approved revisions to the standards represent the collective efforts of the CPE Standards Working Group, NASBA's CPE Committee, the Joint AICPA/NASBA CPE Standards Committee, as well as various individuals and organizations that participated in the exposure draft process," said Jessica Luttrull, NASBA's associate director of the National Registry, in a statement. "With advancements in technologies and innovative adult learning trends, it is critical for CPE to continue to evolve. We believe that the changes included in the 2024 standards will help keep CPE relevant and meaningful to CPAs."
Michael Grant, the AICPA's senior director of learning innovation and assessment, said in a statement: "The standards revisions give us more flexibility in meeting CPAs' educational needs and highlight the importance of virtual learning in building competencies and gaining expertise."
The revised Statement of Standards for Continuing Professional Education Programs and NASBA's Fields of Study document will be effective Jan. 1, 2024.
The revisions were approved by NASBA in October and by the AICPA this month. The new standards and related documents
