Missouri CPE Requirements for CPAs
Members of the American Institute of Certified Public Accountants (AICPA) are required to complete a certain amount of continuing professional education each license recertification period in order to renew their membership with the organization. However, not all members have to complete the same requirements, since each state is regulated by a Board of Accountancy that sets the stipulations for their jurisdiction. Because of this, CPAs need to be aware of the state requirements to ensure they obtain CPE in a Board-approved method. Otherwise, license recertification could be jeopardized.
CPAs who are located in Missouri are required to renew their license every year and must complete 40 hours of continuing professional education per recertification period. The table below highlights some of the primary recertification deadlines and stipulations for CPAs in Missouri.
|License Renewal Date||CPE Reporting Period||Total CPE Hours||Self-Study Credit Limitations|
|December 31 annually||January 1 – December 31 annually||40 hours||None|
Subject Area Requirements
For each yearly recertification period, 2 of the required 40 continuing professional education credits must be in Professional Ethics. There are no further subject area requirements.
Credit Limitations and Calculation
CPE credit can be obtained through formal instruction of educational material, where credit is equal to presentation time plus preparation. Preparation is limited to two times the length of presentation, and repeat instruction of the same course will only be accepted so long as the curriculum has been substantially altered or changed.
Active enrollment in a college or university course is a Board-approved method for obtaining CPE hours, where one semester hour is equal to 15 CPE hours and one quarter hour is equal to 10 CPE hours. Non-credit university courses are accepted at a rate of 1 CPE hour per classroom hour.
Group programs and blended learning programs must be a minimum of one hour, but credit may be obtained in one-fifth or one-half hour increments once the first full hour has been obtained.
Nano-Learning is always earned in one-fifth hour increments.
There are no stated limitations for self-study credit hours.
Other Policies and Exemptions
A non-resident licensee seeking renewal of a license in this state shall be determined to have met the CPE requirement of this rule by meeting the CPE requirements for renewal of a license in the state in which the licensee’s principal office is located. If a non-resident licensee’s principal office state has no CPE requirements for renewal of a license, the non-resident licensee must comply with all CPE requirements for license renewal in Missouri.
Automatic exemption from CPE requirements is provided on the following bases, so long as the individual provides no services to third parties:
- Retired members
- Currently unemployed members
- Members who have temporarily left the workforce
- Members who are formally inactive with the AICPA
Waivers can be requested by active CPAs for the following reasons (subject to Board approval):
- Health issues
- Military service
- Extreme natural disasters
- Other similar circumstances
Additional CPE Resources for CPAs
Article written by Braden Norwood