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 | If initial license to practice was
issued in current reporting year, the WV CPA is exempt from securing CPE
hours. However, the CPA is required to return the CPE reporting form before
the January 31 deadline indicating exempt status. The WV CPA must then
secure and report a minimum of 40 hours the next year and a minimum of 80
hours for the next combined two-year period.
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| CPE is based on a 120-hour rolling
three-year period. |
| The Board recommends that 40 hours of
CPE be secured annually. |
| CPE credits must be secured
within the calendar year unless an Extension has been granted. (CPE credits
secured in January to make up for a deficiency the previous year must be
accompanied by an Extension Request to enable you to report these hours).
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| A West Virginia CPA who has located to
another State and is licensed in the new state of residence must secure and report CPE
hours to the Board of Accountancy. The West Virginia Board of Accountancy,
will, however, accept the CPE hour requirements of the State to which the
CPA has moved. If the new state of residence does not require CPE, then the
CPA must report CPE to the West Virginia Board and meet West Virginia's
requirements in order to maintain license. |
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A West Virginia CPA who has located to
another State, has continued to maintain a license to practice in West
Virginia and is not licensed in his new state of residence must
meet the CPE requirements of West Virginia to maintain license. |
| Non-Resident
CPAs (those
CPAs who hold an original Certified Public Accountant Certificate from
another State, and have a temporary permit to practice public accounting in
West Virginia.) CPAs with a
temporary non-resident license to practice in the State of West Virginia
must verify to this Board that they have met the CPE requirements of their
respective state of residence. Non-resident CPAs are required to report the
current calendar year's CPE hours and to meet the filing deadline. |
IMPORTANT CPE NOTICE - March 2007
It has come to
the attention of the Board that the American Center for Continuing
Professional Education (ACCPE) is marketing self-study and on-line
programming to West Virginia CPAs and that many of you have received
brochures and discount coupons. Several West Virginia CPAs have
claimed CPE credit for self-study courses secured through the ACCPE.
Please be advised: ACCPE is not approved by either NASBA or the
AICPA as a CPE provider and therefore is not approved to offer CPE
credit by the West Virginia Board of Accountancy.
If you claim CPE credit for any ACCPE courses, the credit will be
denied. Contact Brenda Turley, CPE Coordinator, at the Board
office if you have any questions regarding this information. (304)
558-3557
Last edited: 03/16/2007
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