All licenses expire December 31 of each year. License renewal requires the completion of 120 hours of CPE within 36 months or 40 hours of CPE within 12 months immediately preceding January 1 of the year for which the license is renewed.
Beginning January 1, 2020, licensees engaged in the practice of public accounting shall complete at least 40% of the required hours in the subject areas of accounting, accounting ethics, attest, or taxation. Licensees not engaged in the practice of public accounting shall complete at least 20% of the required hours in the subject areas of accounting, accounting ethics, attest, or taxation. License holders engaged in any attest or compilation function must complete at least 20% of the required hours in the subject areas of attest and accounting theory/practice.
Any 36-month reporting cycle must contain at least 4 hours of CPE in the area of accounting professional conduct and ethics. This 4-hour requirement includes 1 hour of ASBPA specific content offered by the Arkansas Board only. The remaining three hours of the requirement can be met by taking our Arkansas Ethics course or by taking any of our hour-appropriate general ethics courses. Follow the ethics link on our homepage to access the courses.
Registrants may claim not more than 80% of their CPE hours in formal self-study programs in any renewal period. A maximum of 4 hours of CPE each year can be completed with nano learning courses.
Yes. Board regulations state that those sponsors offering programs totaling more than 16 credit hours per year, or offering programs more than 5 times per year must register with the National Registry of CPE Sponsors, administered by the National Association of State Boards of Accountancy (NASBA). As a sponsor on the National Registry of CPE Sponsors, our courses are accepted for credit in Arkansas.
As a member of the National Association of State Boards of Accountancy (NASBA) Registry and QAS sponsor approval programs, we are required to conform to the measurement standards contained in the Statement on Standards of Continuing Professional Education (CPE) Programs developed jointly by NASBA and the AICPA. Under these Standards our credits are based upon 1 CPE credit for every 50-minutes of study time, as determined by the average test results of CPAs pre-testing the material prior to publication.
Arkansas State Board of Accountancy
101 East Capitol Ave.
Little Rock, AR 72201
Phone: (501) 682-1520