New Hampshire CPE Requirements for CPAs
Continuing professional education, for members of the AICPA, is the method by which they update their skills and knowledge and maintain their license. However, the requirements for obtaining CPE credit vary by location, since each state is overseen by a Board of Accountancy that sets stipulations and limitations for resident CPAs. Because of this, individuals must be familiar with the state requirements, so their efforts aren’t being wasted on methods of continuing professional education that aren’t acceptable for license recertification.
Members of the AICPA who live in New Hampshire must renew their license every three years, and must complete 20 hours of continuing professional education per year and 120 hours every recertification period. The table below details some of the important dates and limitations for New Hampshire CPAs.
|License Renewal Date||CPE Reporting Period||Total CPE Hours||Self-Study Credit Limitations|
|June 30 triennially, based on last name (ex. A-F is 2017, G-M is 2015, N-Z is 2016)||July 1 – June 30 triennially||120 hours||None|
Subject Area Requirements
It is possible for CPAs in New Hampshire to obtain up to 50% of their required CPE credit through formal instruction opportunities, where credit is equal to presentation time plus preparation. Preparation is limited to two times presentation, and repeat instruction within the same renewal period is only accepted if the material has been substantially altered in a way which requires preparation that is more than 25% of the preparation time claimed for the original preparation of the class.
Active enrollment in university and/or college courses is a valid method of continuing professional education, where 15 CPE hours can be obtained for every hour of a semester-long course. Non-credit university courses are worth one CPE hour per qualifying hour.
Up to 50% of the required CPE credit for license renewal can be obtained for authoring and publishing instructional or educational material.
CPE can be obtained in half-credit increments after the first hour has been obtained.
There are no state requirements or limitations for self-study course credit.
Other Policies and Exemptions
A maximum of 60 credit hours may be carried over from one reporting period to the subsequent reporting period. Carried hours cannot be used to meet the yearly minimum or ethics requirement.
Individual CPAs who fall into any of the following categories will automatically be considered exempt from continuing professional education requirements for license renewal, provided they offer no services to any parties:
- Unemployed licensees
- Licensees who have temporarily left the workforce of their own volition
- Licensees who have formally opted the change their list status with the AICPA to “inactive”
Any CPA can request a waiver for the continuing professional education requirement for the reasons provided below:
- Health complications
- Active-duty military service
- Extreme natural disasters
- Other similar circumstances warranting exemption
Additional CPE Resources for CPAs
Article written by Braden Norwood