Alaska CPE Requirements for CPAs
Most people who keep a business-related certification or designation through an accrediting body are already familiar with the topic of continuing professional education, as they are responsible for completing a certain amount per year or recertification period in order to maintain their licensed status. For example, members of the American Institute of Certified Public Accountants (AICPA) who reside in Alaska are subject to the state’s Board of Accountancy, which dictates that they must renew their license every two years, and must complete a minimum of 20 hours of continuing professional education per year, with a total of 80 biennially.
However, the requirements for CPAs in Alaska differ greatly from those in other states or territories, so it is important for Alaskan licensees to remain aware of their state’s stipulations. The table below highlights the primary recertification limitations and deadlines for the jurisdiction of Alaska.
|License Renewal Date||CPE Reporting Period||Total CPE Hours||Self-Study Credit Limitations|
|December 31 of odd years||January 1 – December 31 biennially,||80 hours||None|
Subject Area Requirements
CPAs in Alaska must complete 4 hours of professional ethics each 80-hour recertification period, but there are no further subject area requirements in this jurisdiction.
Credit Limitations and Calculation
If a CPA in Alaska offers instruction through formal presentations or seminars, they can earn up to 30 hours maximum credit for doing so, where credit is equal to presentation plus preparation, and preparation is limited to two times presentation length. Repeat instruction of the same material is only accepted if substantial alterations are made to the curriculum.
If a licensee in Alaska is a current student at an accredited college or university, and taking courses at the Board-mandated level related to Accounting and/or Auditing, they can claim up to 15 CPE credits per semester hour, or 10 CPE credits per quarter hour. However, if the course the CPA takes has no college or university credit amount, the CPE credit will be calculated at a rate of one qualifying hour per hour spent in the classroom.
Authoring and publishing material is an acceptable method for obtaining continuing professional education credits in the state of Alaska, though there is a 20-hour limit for this type.
CPAs have the option to take courses from organizations which are not considered formal, organized educational programs, though they are limited to 16 hours for this type. The programs must focus on accounting, individual or professional topics.
There are no proposed self-study limitations.
Other Policies and Exemptions
A licensee who has met the 80 hour requirement but not the 20 hour per year requirement must complete an additional 8 hours of CPE either before or within 180 days after the license is renewed. The additional 8 hours may not be used to satisfy the CPE requirements for subsequent license renewal. The duration of this process is termed the “grace period”.
CPAs who belong to any of the following categories are automatically considered exempt from continuing professional education requirements dictated by the AICPA:
- Retirees who do not offer services to any third parties
- Members who are currently unemployed and do not offer services to any third parties
- Members who have temporarily left the workforce and do not offer services to any third parties
- Members who have formally listed their status as “inactive” and do not offer their services to any third parties
CPAs may apply for exemption waivers with the Board for any of the following reasons:
- Complications with health
- Military service
- Natural disasters that impair the ability to meet continuing professional education requirements (as dictated by the Board)
- Other circumstances which might prevent a member from completing their CPE requirements
Additional CPE Resources for CPAs
Article written by Braden Norwood