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New CPE Standards Exposed for Comment.


An exposure draft proposing revisions to the Joint AICPA/NASBA Statement on Standards Jot Continuing Professional Education currently in effect was issued a year ago by the Joint AICPA/NASBA Committee on CPE (Customer Premises Equipment) Communications equipment that resides on the customer's premises.

CPE - Customer Premises Equipment
 Standards. Responses from regulators, state societies, CPAs, CPE providers and others interested in CPE have resulted in significant modifications to that exposure draft. As a result, the Joint Committee and the boards of directors of the AICPA AICPA

See American Institute of Certified Public Accountants (AICPA).
 and the National Association of State Boards of Accountancy For the technique in nucleic acid amplification, see .

The National Association of State Boards of Accountancy (NASBA) is an umbrella group for the 55 state boards that regulate the accountancy profession in the United States of America.
 produced a revised exposure draft for member comments.

Following are some of the highlights of this version:

* CPAs are required to participate in learning activities that maintain and/or and/or  
conj.
Used to indicate that either or both of the items connected by it are involved.

Usage Note: And/or is widely used in legal and business writing.
 increase their professional competence (defined as knowledge, skills and abilities).

* CPAs may earn CPE credit for "independent study," defined as learning activities designed by CPAs under the direction of program sponsors who are qualified in the subject matter and who meet the standards for program sponsors. (This concept is widely used in colleges and universities.)

* Introduces Internet-based programs as a means of obtaining either group-study or self-study self-stud·y
n.
1. Study or examination of oneself.

2. A form of study in which one is to a large extent responsible for one's own instruction.
 CPE credits, depending on the nature of the Internet-based program.

* Permits a half-credit after a full credit has been earned in a given activity.

The exposure draft is available on www.aicpa.org. Comments should be received by Aug. 1 and addressed to:

?? John Morrow For the football player of the same name see John Morrow (football player).

John Morrow (April 19, 1865 - February 25, 1935) was a United States Representative from New Mexico. He was born born near Darlington, Wisconsin.
, jmorrow@aicpa.org
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Article Details
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Title Annotation:National Association of State Boards of Accountancy; American Institute of Certified Public Accountants; Continuing Professional Education
Publication:CPA Letter
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 1, 2001
Words:223
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