Custom Licenses

Prolaera's compliance engine was built to accommodate any set of requirements with a wide array of options. This means that while optimized for NASBA standards in accounting and finance professions, Prolaera will support any other requirements you'd like to track.

In this article, we'll discuss the various ways your company can customize the board or organizational regulators used to track employees' continuing education compliance. Whether your firm requires professionals to earn a certain amount of CPE annually, wishes to adjust the standard settings for Yellow Book auditing compliance, or if your team members have a designation that isn't yet created in the system, these regulators can be created or modified in Prolaera to meet your company's needs.

In-Firm Requirements

You're able to add your own in-firm requirements to track your team's training hours, and you have all the options any other regulator may have at your disposal.

If you'd like to add a custom in-firm requirement, please contact us or submit a ticket. We only need a few pieces of information to set up your in-firm requirement, such as:

• How long is the cycle?  One Year?
• What is the cycle end date?  End of the calendar year?  Rolling?  Other?
• How many hours must be earned?
• Do you want any sub-categories, such as "technical" or "ethics" that must be earned? If so, which types of courses meet the definition of those categories?

Once we have your request, we're typically able to add custom requirements to your profile within a few business days.

Yellow Book 

The standard tracking for Yellow Book is "full half-year", meaning auditors who begin tracking after the start of an audit organization’s 2-year CPE cycle may complete a prorated number of hours based on how many full 6-month periods are left in the cycle.

For example, let's say a firm's Yellow Book reporting cycle is Jan 2021-Dec 2022 and an auditor begins work on a Yellow Book client in May 2021. Since the cycle contains four 6-month periods and the total requirement is 80 hours, and the auditor's cycle includes only three full half years, their total requirement for the cycle is 60 hours.

Important Note: The subject areas of Accounting and Auditing are coded to automatically qualify for meeting the Professional Proficiency portion (56 hours) of the 80-hour requirement. The subject areas of Accounting (Governmental) and Auditing (Governmental) are hard-coded to qualify for the 24-hour requirement.

If you firm would prefer to use a monthly or different proration, or if you would like to include other subjects across the board in qualifying for Professional Proficiency, let us know and we can adjust the regulator requirements to reflect this. 

New License Requests

In addition to the accounting and finance industries, we are expanding into other professional fields to better support customers like you. If your company would like to be able to track compliance for a designation that isn't yet in the system, simply contact us or submit a ticket and our team will get to work. We can typically add brand-new regulators within a few days after gathering all necessary information.