Vermont CPA CPE Requirements

License Renewal July 31^st

Reporting Period: August 1^st – July 31^th every odd year

CPE Documentation: You may renew your license at the Vermont Board of Public Accountancy and more.

Credit Limitations:

• Instruction: Instructor Credits limited to 50% of total hours.
• Published Materials: Authorship credits limited to 25% of total hours.

Credit Calculations: Measured on a 50 minute hour. Fractional hours are rounded down to nearest whole credit.

• Instruction: Credit is equivalent to presentation plus preparation. Preparation is limited to two times presentation. Repeat instruction within renewal period is only accepted if substantial change is proven.
• Partial Credit: Half credits accepted after the first hour.
• University/College:
  • One semester hour equates to 15 CPE hours
  • Non Credit Courses – Each Classroom Hour equates to one qualifying hour.

Hour Requirements: 80 hours

• No requirement for new licensees if licensed for less than one year.
• If new licensee was licensed with longer than one year remaining in the period then they need to earn at least 40 credits during period.
• Ethics Requirement: 4 hours
• Accounting & Auditing: 8 hours

Carryover Policy: 10 hours maximum may be carried forward in to the next reporting period, but cannot count towards auditing/accounting or ethics requirements.