CPE Rule Changes - 9/2022

Florida

To meet the compliance rate requirement in Florida Statute 455.2177, the Florida Board of Accountancy is returning to a modified version of the mandatory continuing professional education reporting requirement. The return to mandatory reporting will begin as of July 1, 2022, but will not impact the upcoming renewal periods ending December 31, 2022, and December 31, 2023 (see full establishment periods below). The reporting requirements and the renewal process will remain unchanged for this renewal period.

Establishment periods that will not be affected by the new implementation schedule:

• Ended June 30, 2022, and the corresponding renewal period October 1, 2022, to December 31, 2022
• Ending June 30, 2023, and the corresponding renewal period October 1, 2023, to December 31, 2023

One of the goals of the implementation schedule is to give CPAs access to the reporting tool for the entire re-establishment period.  Starting with the re-establishment period beginning July 1, 2022, and ending June 30, 2024, Florida licensed certified public accountants must enter the details of all completed continuing professional education courses and upload the corresponding proof of completion documents to the Department of Business and Professional Regulation’s continuing professional education reporting tool located in the DBPR Online Services Portal.

Hawaii

• Effective January 1, 2022, Hawaii enacted a CPE amendment that requires licenses to complete a minimum of 20 credit hours each calendar year.
• The Amended List of Sponsors who automatically qualify for approved credit eliminated the American Society of Women Accountants and replaced it with the Accounting and Financial Women’s Alliance. To view Approved Sponsors (as of February 2022), visit: https://cca.hawaii.gov/pvl/files/2022/03/CPE-List-220228.pdf

South Carolina

• Effective January 1, 2022, South Carolina licensees are now required to complete two (2) hours of CPE in Ethics each calendar year (as part of the forty-hour annual requirement). This replaces the former requirement of six (6) total hours in a three-year cycle.
• The SC Board of Accountancy also no longer requires the SC-specific ethics course, so licensees can now meet the annual ethics requirement by choosing any behavioral ethics or regulatory ethics course that satisfies the requirements of Regulation 1-08. Licensees can access the Accountancy regulations by clicking here.
• To view the full legislative update on the Board website, visit: https://llr.sc.gov/acct/News/2022-LegislativeUpdate.pdf

NOTES:
The regulator notes in this section are only highlights. For more complete information, please log into Prolaera, contact your Account Manager, or visit your state board of accountancy. Changes are incorporated into Prolaera’s compliance engine when rules are finalized and effective.