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New CPE standards focusing on proficiencies, skills take effect. (news briefs).


A three-year long initiative to transform the assessment and measurement of continuing professional education has come to fruition fru·i·tion  
n.
1. Realization of something desired or worked for; accomplishment: labor finally coming to fruition.

2. Enjoyment derived from use or possession.

3.
 with the release the AICPA's and the National Association of State Boards state boards Examinations administered by a US state board of medical examiners to license a physician in a particular state; these examinations play an ever-decreasing role in state medical licensure, as these bodies now rely on standardized national examinations  of Accountancy's Joint AICPA/NASBA Statement on Standards for Continuing Professional Education Programs. Each state board of accountancy must approve the roles for them to apply in its state.

To comply with the standards, CPAs should: (1) participate in learning activities that maintain or improve their professional competence; (2) comply with all applicable CPE (Customer Premises Equipment) Communications equipment that resides on the customer's premises.

CPE - Customer Premises Equipment
 standards, rules and regulations of state licensing bodies, other governmental entities, membership associations, and other professional organizations or bodies; (3) claim the recommended CPE credit only for CPE programs that comply with the standards; and (4) accurately report the appropriate number of CPE credits earned, and maintain documentation of their participation in learning activities giving rise to those credits.

The new standards, which took effect Jan. 1, 2002, also introduce the concept of independent study learning, allowing a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000.  to engage in a program of learning with a qualified sponsor on a one-on-one one-on-one
adj.
1. Consisting of or being direct communication or exchange between two people: one-on-one instruction.

2. Sports Playing directly or exclusively against a single opponent.
 basis.

A copy of the final statement is available from www.aicpa.org/cpe/stds/index. htm. For more on the new standards, look for an article in an upcoming issue of the Journal of Accountancy.
COPYRIGHT 2002 American Institute of CPA's
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:CPA Letter
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 1, 2002
Words:213
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