Virginia CPA CPE Requirements

License Renewal: Last day of certificate issue month every year

Reporting Period: January 1^st – December 31^st over 3 year rolling period

CPE Documentation: Licenses may be renewed at The Virginia Board of Accountancy.

Credit Limitations:

• Instruction: 30 hours maximum in a three year rolling period.
• Exams: 60 hours maximum in a three year rolling period. Different exams have certain hours that count towards CPE.
  • 30 hours for passing each section of the CFA Exam.
  • 30 hours for passing Virginia Bar Exam.
  • 25 hours for passing each section of the CAIA Exam.
  • 20 hours for passing each section of the CMA Exam.
  • 20 hours for passing the CAPP Exam.
  • 20 hours for passing the Uniform Investment Adviser Law Examination (Series 65) Exam
  • 20 hours for passing both the qualification exam and the certification exam for the CIMA certification
  • 15 hours for passing the CISA exam
  • 15 hours for passing the CTP exam and other exams presented by staff for approval by the Board.

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

• Instruction: Credit = presentation plus preparation. Repeat instruction of the same course will not grant credits.
• Partial Credit: Half credits accepted after the first hour.
• University/College:
  • One semester equates to 15 CPE hours
  • One quarter hour equates to 10 CPE hours

Hour Requirements: 120 hours, 20 per year minimum

• Ethics Requirement: 2 hours; must be specific to the state of Virginia
• Attest/Compilation Services: 8 hours per year for any licensee who releases or authorizes the release of reports on attest services or compilation services provided for persons or entities located in Virginia. ****