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VOLUME 46, ISSUE 20
ISSUE DATE: October 20, 2014
RULE PROPOSALS

LAW AND PUBLIC SAFETY
DIVISION OF CONSUMER AFFAIRS
New Jersey State Board of Accountancy


Proposed Amendments: N.J.A.C. 13:29-1A.3, 3.1, 5.3, 5.4, 5.8, 6.2, and 6.5

Proposed New Rule: N.J.A.C. 13:29-3.19

Applications for Examination; Education and Experience Requirements; Independence; Code of Professional Conduct; Standards for Peer Reviews and Sponsoring Organizations; Enrollment and Participation; Exemptions; Procedures for a Sponsoring Organization; Credit-Hour Requirements; Continuing Professional Education Programs and Other Sources of Continuing Professional Education Credit
 
Authorized By: Khaled Madin, Acting Executive Director, New Jersey State Board of Accountancy.
 
Authority: N.J.S.A. 45:1-15.1, 45:2B-48, 45:2B-49, and 45:2B-68.
 
Calendar Reference: See Summary below for explanation of exception to calendar requirement.
 
Proposal Number: PRN 2014-177.
 
Submit comments by December 19, 2014, to:
 
   Khaled Madin, Acting Executive Director
   New Jersey State Board of Accountancy
   PO Box 45000
   Newark, NJ 07101
   or electronically at: www.NJConsumerAffairs.gov/proposal/comment/.
 
The agency proposal follows:
 
Summary

The New Jersey State Board of Accountancy (the Board) is proposing amendments to N.J.A.C. 13:29-1A.3, which sets forth requirements to sit for the Certified Public Accountancy Examination (CPA Examination). Currently, under N.J.A.C. 13:29-1A.3, an applicant must have 150 hours of education in order to become licensed as a certified public accountant, but he or she may sit for the CPA Examination after having completed a 120-credit baccalaureate degree. Under N.J.A.C. 13:29-1A.3(b)1, an applicant's 120-credit baccalaureate degree must include a minimum of 60 semester-hours in general courses in subject areas such as English, history, mathematics, and foreign languages, and 60 semester hours in professional courses. The 60 semester hours in professional courses must include 24 hours in accounting, six hours in business law, six hours in finance, six hours in economics, and 18 hours in related business subjects. Following a review of other states' education requirements to sit for the CPA Examination with a baccalaureate degree, the Board believes that the specific coursework requirements in N.J.A.C. 13:29-1A.3(b)1 may be overly burdensome. Specifically, the Board believes that the current requirements may make it more difficult to sit for the CPA Examination with a baccalaureate degree in New Jersey than it is to sit for the examination in New York, Pennsylvania, Connecticut, Delaware, and other states. In order to bring its requirements in line with those of these states, the Board is proposing to amend paragraph (b)1 to delete the delineated requirements for general and professional courses and instead provide that an applicant may sit for the CPA Examination with a baccalaureate degree of 120 semester hours, which must include at least 24 semester hours in accounting and at least 24 semester hours in business courses other than accounting.

Similarly, the Board is proposing to amend N.J.A.C. 13:29-1A.3(b)2, such that the 150 hours of education include at least 24 semester hours in accounting and at least 24 semester hours in business courses other than accounting. The Board proposes to eliminate the differing semester hour and coursework requirements currently set forth in N.J.A.C. 13:29-1A.3(b)2. Under N.J.A.C. 13:29-1A.3(b), the semester hour and coursework requirements an applicant needs to satisfy the 150 hours of education differ depending upon the degree (graduate or baccalaureate) earned and the educational institution's/program's accreditation. The Board believes these differing requirements are confusing and unnecessary. Further, the Board believes that the proposed amendments to remove the distinctions will ensure that licensees have a consistent educational background. The Board will continue to recognize the types of accredited educational institutions/programs currently specified in its rules. The Board proposes, however, to remove the references to "level one," "level two," and "level three" accreditation because it is the Board's understanding that these "levels" do not have any significance and because these levels are not uniformly defined and references to them are confusing.

Several years ago, the American Institute of Certified Public Accountants (AICPA), for purposes of clarity, changed the language in its standards for independence from "in fact and appearance" to "in mind and appearance." The Board is proposing to amend N.J.A.C. 13:29-3.1(b) to mirror the language of the independence standards established by the AICPA.

The Board is proposing new N.J.A.C. 13:29-3.19 to incorporate by reference the AICPA Code of Professional Conduct. The Board believes that the AICPA Code of Professional Conduct sets forth the minimum standard of professional conduct expected of its licensees. The Board believes that its professional conduct rules and those of the AICPA are substantially similar, but recognizes that there may be some differences. The Board, therefore, proposes specifying that its professional conduct rules shall prevail whenever any conflict between the two exists.

In addition, because the specific website links in the current rule are no longer active, the Board is proposing to amend N.J.A.C. 13:29-5.3(a) to delete the specific website links to the 2009 "Standards for Performing and Reporting on Peer Reviews" promulgated by the AICPA, and to the inspection standards promulgated by the Public Company Accounting Oversight Board (PCAOB) for reviewing SEC issuer practices that are not included in the scope of peer review programs. Because specific links often change, the Board is proposing that the rule provide a link to the AICPA's and PCAOB's general websites only; specific information may be obtained by searching for "standards" on those websites.

The Board is also proposing to amend N.J.A.C. 13:29-5.3(b), to delete the list specifying the organizations qualified to administer peer review programs that sponsor CPA firms conducting peer reviews and add a link to the Board's website where the list will be maintained. The Board has determined that by listing the qualified sponsoring organizations on its website instead of in the rule itself, the Board would be able to more [page=2075] easily and efficiently keep the list updated for its licensees. The Board is also proposing to amend N.J.A.C. 13:29-5.4(b) to require that firms that are exempt from participation in the peer review program submit requests for exemption no later than June 30 of each year. The current rule requires firms submitting a request for exemption to do so annually, but does not provide a specific deadline for filing the request. The Board believes that by specifying a filing deadline, it will be able to more efficiently determine which firms are exempt from participation in the peer review program each year. The Board also proposes to add new N.J.A.C. 13:29-5.8(b) to incorporate the existing requirement from N.J.A.C. 13:29-5.3 that entities applying to be a qualifying sponsoring organization must use the same or substantially similar standards adopted by the Board for peer reviews.

The Board is proposing an amendment to N.J.A.C. 13:29-6.2(a), which currently requires licensees engaged in the practice of public accountancy to complete 24 credit hours in the areas of auditing, review, and compilation as part of their required 120 hours of continuing professional education. The Board is proposing to amend the rule to state that the 24 credit hours must be in the areas of "accounting or auditing, which may include review and compilation," consistent with the requirements in N.J.S.A. 45:2B-68.a (Accountancy Act of 1997) (the Act).

The Board is also proposing to amend N.J.A.C. 13:29-6.2(a), which requires licensees to obtain a minimum of 60 credit hours of continuing professional education through didactic instruction. Didactic instruction is defined as in-person instruction and may include interactive telephonic or electronic instruction, but does not include videotaped or audiotaped instruction. The Board found that this regulation had the unintended consequence of prohibiting licensees from earning credit for courses where the instructor uses audio or video taped material as an instructional aid. In reexamining the regulation, the Board has determined that it is overly restrictive. The Board proposes to amend the regulation to delete both the definition of "didactic instruction," and the requirement that a minimum of 60 credits of continuing professional education be obtained through didactic instruction. This would free licensees from having to acquire a minimum number of their continuing professional education credits through didactic instruction.

The Board is also proposing to amend N.J.A.C. 13:29-6.5(a)4, to replace language on how to determine credits granted for correspondence and individual study programs with language that incorporates by reference Standard No. 14 of the AICPA/National Association of State Boards of Accountancy (NASBA) Statement on Standards for Continuing Professional Education (CPE) Programs (Standards), which sets forth the methods of calculation that may be used to determine the number of credits that a licensee may receive for correspondence and individual study programs. AICPA and NASBA recently revised its Standards to permit a new method of credit calculation, which became effective on January 1, 2012. By amending the rules to incorporate the AICPA/NASBA Standards by reference, the Board would also incorporate this new method of calculation, as well as any other method of calculation that AICPA/NASBA may permit in the future. Many licensees are also licensed in other jurisdictions that use the AICPA/NASBA Standards as a guide. The Board believes that linking its standards to AICPA/NASBA Standards may simplify compliance for licensees who must satisfy the continuing professional education requirements in more than one jurisdiction.

The Board is further proposing to amend N.J.A.C. 13:29-6.5(a)4 to delete the restrictions regarding the maximum number of credits that may be earned through correspondence or individual study courses. The Board believes that these courses will be more accessible and increase the opportunities for licensees to complete their required continuing education.

The Board is also proposing to add new N.J.A.C. 13:29-6.5(a)5, setting forth the standards that must be met to receive credit for participation in group Internet-based programs. This proposed rule follows AICPA/NASBA Standard No. 7.

The Board has provided a 60-day comment period for this notice of proposal; therefore, this notice is excepted from the rulemaking calendar requirement pursuant to N.J.A.C. 1:30-3.3(a)5.
 
Social Impact

The Board believes that the proposed amendments to N.J.A.C. 13:29-1A.3 may have a positive impact on applicants for licensure who desire to take the CPA Examination by providing such applicants with greater flexibility in structuring their coursework. In addition, the Board believes that the proposed amendments to N.J.A.C. 13:29-3.1 and 6.2 may have a positive impact on licensees by ensuring that the Board's independence standards that guide them in the practice of public accountancy are consistent with AICPA standards, and that the continuing education courses they take comport with the requirements of the Accountancy Act. Similarly, new N.J.A.C. 13:29-3.19 may have a positive impact on licensees and the public by establishing a minimum standard of professional conduct.

Furthermore, the Board believes that the proposed amendment to N.J.A.C. 13:29-6.2, eliminating the requirement that licensees earn 60 credits of continuing professional education credits through didactic instruction, may have a positive impact on licensees by giving licensees more freedom to choose the sources of their continuing education credits. Additionally, the proposed amendments to N.J.A.C. 13:29-6.5(a)4, which incorporate by reference AICPA/NASBA Standards for the calculation of credits for correspondence or individual study programs, may have a positive impact on licensees who are licensed in multiple jurisdictions, because uniformity with the Standards may make it simpler for licensees who must comply with professional continuing education requirements in multiple jurisdictions.

The Board believes that the proposed amendments will continue to ensure the quality and competency of licensees thereby protecting the welfare of the public.
 
Economic Impact

The Board believes that the proposed amendments to N.J.A.C. 13:29-1A.3 may have a positive economic impact on applicants for licensure who desire to sit for the CPA Examination and whose degree may not satisfy the coursework requirements articulated in the current rule. Such applicants will be permitted to sit for the CPA Examination provided they have completed at least 24 semester hours in accounting and at least 24 semester hours in business courses other than accounting; they will not have to incur additional tuition costs in order to meet the distribution requirements contained in the current rule. In addition, the proposed amendments to N.J.A.C. 13:29-6.2 may have a positive economic impact on licensees who are engaged in the practice of public accountancy. By removing the requirement that they complete at least 60 hours of didactic learning, licensees may be able to satisfy all of their continuing professional education obligations through methods that are low or no cost, such as attendance at professional accounting meetings, firm meetings, teaching, authorship or peer review of publications, and correspondence or individual study programs. Similarly, by removing the restrictions regarding the maximum number of credits that may be earned through correspondence or individual study courses, the proposed amendments to N.J.A.C. 13:29-6.5 may have a positive economic impact on licensees because of decreased costs to complete continuing education requirements. The Board further believes that the proposed amendments may have a small impact on continuing education providers. Continuing education providers that develop distance learning programs may be able to offset a loss, if any, of revenues from decreased attendance at live events. Although the tuition for distance learning programs may be lower than for live events, distance learning programs may attract more students than live events because of their convenience. The Board does not believe that the proposed amendment to N.J.A.C. 13:29-3.1 and proposed new N.J.A.C. 13:29-3.19 will have any economic impact on its licensees.
 
Federal Standards Statement

A Federal standards analysis is not required because the proposed amendments and new rule are governed by N.J.S.A. 45:2B-42 et seq. and are not subject to any Federal standards or requirements. Although N.J.A.C. 13:29 is not subject to any Federal requirements or standards, where deemed appropriate, the Board has proposed to incorporate Federal standards. Specifically, N.J.A.C. 13:29-3.1 would require licensees to comply with independence standards established by the U.S. Securities and Exchange Commission, the Government Accountability Office, and [page=2076] the Public Company Accounting Oversight Board (PCAOB), as applicable.
 
Jobs Impact

The Board does not anticipate that the proposed amendments and new rule will result in an increase or decrease in the number of jobs in the State.
 
Agriculture Industry Impact

The Board does not anticipate that the proposed amendments and new rule will have any impact on the agriculture industry in the State.
 
Regulatory Flexibility Analysis

Currently, the Board licenses approximately 20,000 accountants and 900 accounting firms. If such licensees are considered "small businesses" within the meaning of the Regulatory Flexibility Act, N.J.S.A. 52:14B-16 et seq., then the following analysis applies.

The proposed amendments and new rule will not impose any reporting or recordkeeping requirements on Board licensees. The proposed amendments, however, will impose compliance requirements on licensees related to independence, standards of professional conduct, and continuing professional education. These requirements are discussed in the Summary above.

No additional professional services will be needed to comply with the proposed amendments and new rule. The costs of compliance with the proposed amendments and new rule are discussed in the Economic Impact statement above. The Board believes that the proposed amendments and new rule should be uniformly applied to all licensees in order to ensure the welfare of the general public in the provision of public accounting services. Therefore, no differing compliance requirements for any licensees are provided based on the size of the business.
 
Housing Affordability Impact Analysis

The proposed amendments and new rule will have an insignificant impact on affordable housing in New Jersey and there is an extreme unlikelihood that the rules would evoke a change in the average costs associated with housing because the proposed amendments and new rule concern requirements for taking the CPA Examination, independence standards, professional conduct, and continuing professional education for certified public accountants.
 
Smart Growth Development Impact Analysis

The proposed amendments and new rule will have an insignificant impact on smart growth and there is an extreme unlikelihood that the rules would evoke a change in housing production in Planning Areas 1 or 2, or within designated centers, under the State Development and Redevelopment Plan in New Jersey because the proposed amendments and new rule concern requirements for taking the CPA Examination, independence standards, professional conduct, and continuing professional education for certified public accountants.
 
Full text of the proposed amendments and new rule follows (additions indicated in boldface thus; deletions indicated in brackets [thus]):
 
SUBCHAPTER 1A.    EXAMINATION AND LICENSURE
 
13:29-1A.3   Applications for examination; education and experience requirements
 
(a) (No change.)
 
(b) An applicant to take the Certified Public Accountant Examination shall satisfy the following educational requirements:
 
1. An applicant shall possess a baccalaureate degree, or its equivalent, based upon a curriculum that includes a minimum of [60] 120 semester hours [selected from courses in English, history, foreign languages, mathematics, general psychology, philosophy, biological sciences, physical sciences, economics, sociology, religion, government, political science, geography, fine arts and music; and a minimum of 60 semester hours in professional courses including: at least 24 semester hours in accounting including municipal and government accounting; at least six semester hours in business law; at least six semester hours in finance; at least six semester hours in economics; and at least 18 semester hours in related business subjects], including at least 24 semester hours in accounting and at least 24 semester hours in business courses (other than accounting courses); or
 
2. An applicant shall have completed at least 150 hours of education, including a baccalaureate or higher degree. An applicant shall be deemed to have satisfied the educational requirement if, as part of the 150 semester-hours of education, the applicant has completed at least 24 semester hours in accounting and at least 24 semester hours in business courses (other than accounting courses) and the applicant has satisfied any one of the following [four] conditions:
 
i. The applicant has earned a graduate degree with a concentration in accounting from an accounting program or department which has been granted [level three] accreditation by the American Assembly of Collegiate Schools of Business (AACSB), the Association of Collegiate Business Schools and Programs (ACBSP), or any other national accreditation agency with standards that are substantially similar to the standards utilized by the AACSB or the ACBSP;
 
ii. The applicant has earned a graduate degree from a business school or college of business which has been granted [level two] accreditation by the AACSB, ACBSP, or any other national accreditation agency with standards that are substantially similar to the standards utilized by the AACSB or the ACBSP[, and completed either (b)2ii(1) or (2) below. An applicant may complete an equivalent combination of undergraduate and graduate level coursework based upon a 3:2 ratio such that three credit hours at the undergraduate level are equivalent to two credit hours at the graduate level. The applicant shall have completed either:
 
(1) At least 24 semester hours in accounting at the undergraduate level; or
 
(2) At least 15 semester hours in accounting at the graduate level which included coursework in financial accounting, auditing, taxation and management accounting]; or
 
iii. The applicant has earned a baccalaureate degree from a business school or college of business which has been granted [level two] accreditation by AACSB, ACBSP, or any other national accreditation agency with standards that are substantially similar to the standards utilized by the AACSB or the ACBSP[, and completed the following:
 
(1) At least 24 semester hours in accounting at the undergraduate level or the graduate level, which included coursework in financial accounting, auditing, taxation and management accounting; and
 
(2) At least 24 semester hours in business courses (other than accounting courses) at the undergraduate level;
 
iv. The applicant has earned a baccalaureate or higher degree from an educational institution which has been granted level one accreditation from the Middle States Association of Colleges and Schools, Commission on Higher Education or any other regional accrediting agency with standards that are substantially similar to the standards utilized by the Middle States Association of Colleges and Schools, Commission on Higher Education. The applicant shall have completed the following:
 
(1) At least 30 semester hours in accounting, which included coursework in financial accounting, auditing, taxation and management accounting; and
 
(2) At least 24 semester hours in business courses (other than accounting courses) at the undergraduate or graduate level.] or has been granted accreditation from the Middle States Association of Colleges and Schools, Commission on Higher Education or any other regional accrediting agency with standards that are substantially similar to the standards utilized by the Middle States Association of Colleges and Schools, Commission on Higher Education.
 
(c)-(f) (No change.)
 
SUBCHAPTER 3.    RULES OF PROFESSIONAL CONDUCT
 
13:29-3.1   Independence
 
(a) (No change.)
 
(b) A person engaged in the practice of public accountancy, including a person who is not a member of the American Institute of Certified Public Accountants (AICPA), shall conform, in [fact] mind and appearance, to the independence standards established by the AICPA and the Board, and, where applicable, the U.S. Securities and Exchange Commission (SEC), the Government Accountability Office (GAO), the [page=2077] Public Company Accounting Oversight Board (PCAOB), and other national or international regulatory or professional standard setting bodies.
 
13:29-3.19   Code of Professional Conduct
 
All licensees shall comply with the Code of Professional Conduct of the American Institute of Certified Public Accountants (AICPA Code of Professional Conduct), incorporated herein by reference, effective December 15, 2014 (early implementation policy), as amended and supplemented. The AICPA Code of Professional Conduct may be found at the AICPA website, www.aicpa.org. The Board's rules of professional conduct shall prevail whenever any conflict exists between this chapter and the AICPA Code of Professional Conduct.
 
SUBCHAPTER 5.    PEER REVIEW PROGRAM
 
13:29-5.3   Standards for peer reviews and sponsoring organizations
 
(a) The Board adopts the 2009 "Standards for Performing and Reporting on Peer Reviews," promulgated by the American Institute of Certified Public Accountants (AICPA), as its minimum standards for review of firms' non-SEC issuer practices. The Standards are incorporated in this subchapter by reference, as amended and supplemented, and may be found at the AICPA website, www.aicpa.org[, specifically, http://www.aicpa.org;/download/practmon/2009_stds.pdf]. For public company audit firms, the Board adopts the firm inspection standards of the Public Company Accounting Oversight Board's (PCAOB) inspection process for reviewing SEC issuer practices, which are not included in the scope of peer review programs. The inspection standards are incorporated in this subchapter by reference, as amended and supplemented, and may be found at the PCAOB website, www.pcaob.org [specifically, http://www.pcaobus.org/Standards/index.aspx]. A firm subject to the PCAOB's inspection process is also subject to a peer review of its non-SEC issuer practice, should the firm have such a practice.
 
(b) [Qualified] A complete list of qualified sponsoring organizations [shall be: the Center for Public Company Audit Firms (CPCAF) (previously known as SEC Practice Section (SECPS)); the American Institute of Certified Public Accountants (AICPA) Peer Review Board; the New Jersey Society of Certified Public Accountants (NJSCPA) or other AICPA Peer Review organizations; the National Conference of CPA Practitioners (NCCPAP); the Public Company Accounting Oversight Board (PCAOB); and such other entities that utilize substantially similar standards and] that are approved by the Board pursuant to N.J.A.C. 13:29-5.8 shall be posted on the Board's website at http://www.njconsumeraffairs.gov/accountancy/acct_licensee.htm.
 
13:29-5.4   Enrollment and participation; exemptions
 
(a) (No change.)
 
(b) A firm that does not perform services as set out in (a) above shall [annually], no later than June 30 of each year, submit a request for an exemption from the Program in writing to the Board with an explanation of the services offered by the firm. A firm with an exemption that begins providing services set out in (a) above shall notify the Board of the change in status within 30 days and provide the Board with enrollment information within 12 months of the date the services were first provided. The firm shall have a review within 18 months of the date the services were first provided.
 
(c)-(h) (No change.)
 
13:29-5.8   Procedures for a sponsoring organization
 
(a) (No change.)
 
(b) To qualify as a sponsoring organization, an entity shall use standards which are the same or substantially similar to those set forth in N.J.A.C. 13:29-5.3(a).
 
SUBCHAPTER 6.    CONTINUING PROFESSIONAL EDUCATION
 
13:29-6.2   Credit-hour requirements
 
(a) Each applicant for a triennial license renewal is required to complete, during the preceding triennial period, 120 hours of continuing professional education, except as provided in (c) through (f) below. All applicants shall complete a minimum of 20 hours of continuing professional education in each year of the triennial period. The types of continuing professional education programs and other sources of continuing professional education for which credit hours may be obtained are set forth in N.J.A.C. 13:29-6.5. The 120 hours of continuing professional education shall include at least 24 credit hours in the areas of accounting or auditing, which may include review and compilation, for licensees who are engaged in the practice of public accountancy. All applicants shall complete at least 72 credit hours of the required 120 credit hours in the technical subjects set forth in N.J.A.C. 13:29-6.3. All applicants shall complete four credit hours of the required 120 credit hours in the New Jersey law and ethics course set forth in N.J.A.C. 13:29-6.3A. The remaining 44 credit hours of the required 120 credit hours may include subjects specified in N.J.A.C. 13:29-6.4. No licensee shall receive credit for any course offered by a Board-approved continuing professional education sponsor in subjects other than those enumerated in N.J.A.C. 13:29-6.3, 6.3A, or 6.4. [For the triennial period commencing January 1, 2009 and thereafter, a licensee shall obtain a minimum of 60 credit hours of continuing professional education through didactic instruction.
 
1. For purposes of this subsection "didactic instruction" means in-person instruction and may include interactive telephonic or electronic instruction, but shall not include videotaped or audiotaped instruction.]
 
(b)-(f) (No change.)
 
13:29-6.5   Continuing professional education programs and other sources of continuing professional education credit
 
(a) The following qualify as continuing professional education programs provided they contain the subjects enumerated in N.J.A.C. 13:29-6.3 and 6.4 and meet the continuing professional education program criteria requirements as set forth in N.J.A.C. 13:29-6.6 or 6.6A.
 
1.-3. (No change.)
 
4. Correspondence programs and other individual study programs: Continuing professional education credit shall be granted for correspondence programs and other individual study programs [in accordance with the following:
 
i. The amount of credit to be allowed for approved correspondence and individual study programs, including taped study programs, shall be recommended by the program sponsor based upon one-half the average completion time calculated by the sponsor after it has conducted appropriate "field tests." Although the program sponsor shall make recommendations concerning the number of credit hours to be granted, the number of credit hours granted shall be as determined by the Board;
 
ii. For the triennial period commencing January 1, 2009 and thereafter, applicants shall only be granted continuing professional education credit for correspondence or individual study programs] offered by sponsors who have been registered with the National Association of State Boards of Accountancy (NASBA). Credit shall be granted [at the rate of one credit for every 50 minutes of correspondence and individual self study program participation; and] in accordance with Standard No. 14 of the American Institute of Certified Public Accountants/National Association of State Boards of Accountancy's (AICPA/NASBA's) Statement on Standards for Continuing Professional Education (CPE) Programs, effective January 1, 2012, as amended and supplemented, which is incorporated herein by reference. The Statement on Standards for Continuing Professional Education (CPE) Programs is located on NASBA's website, www.NASBA.org.
 
[iii.] Credit for correspondence and other individual study programs shall only be given in the renewal period in which the course is completed with a successful final examination. [For the triennial renewal period commencing January 1, 2009 and thereafter, a maximum of 60 credit hours of continuing professional education may be obtained in correspondence and other individual study programs in each triennial period.]
 
5. Group Internet based programs: Continuing professional education credit for group Internet based programs shall be awarded as follows:
 
i. Group Internet based programs must employ learning methodologies that clearly define learning objectives, guide the participant through the learning process, and provide evidence of a participant's satisfactory completion of the program.
 
[page=2078] ii. Group Internet based programs must have a live instructor while the program is being presented. Program participants must be able to interact with the live instructor while the course is in progress and have the opportunity to ask questions and receive answers during the presentation.
 
iii. Once a group Internet based program is recorded or archived for future presentation, it will continue to be considered a group Internet based program only where a live subject matter expert facilitates the recorded presentation, and credit is given by the original sponsor of the program. Any future presentations that do not include a live subject matter expert will be considered a correspondence or individual study program which must meet all of the correspondence or individual study program requirements set forth in N.J.A.C. 13:29-6.5(a)4 above.
 
iv. Credit for a group Internet based program will be granted at the rate of one credit hour for every 50 minutes of the licensee's participation.
 
(b)-(c) (No change.)

 

If you wish to submit comments about this rule proposal, please fill out the form below. When you have completed the form, click the "Submit Your Comments" button below.

Last Name :

First Name:

Professional Organization, Association or Affiliation, if any:

E-Mail Address:

PRN 2014-177

Comments:

       
   
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