North Carolina Administrative Code › Title 21 - OCCUPATIONAL LICENSING BOARDS AND COMMISSIONS › Chapter 08 - CERTIFIED PUBLIC ACCOUNTANT EXAMINERS › Subchapter G - CONTINUING PROFESSIONAL EDUCATION (CPE) › Section .0400 - CPE REQUIREMENTS › Section 08G .0409 - COMPUTATION OF CPE CREDITS

Current through Register Vol. 39, No. 2, July 15, 2024
(a) Group
				  Activity. CPE credit for a group activity shall be given based on contact
				  minutes.
(b) Completing a College
				  Course. CPE credit for completing a college course in the college curriculum
				  shall be granted based on converting the number of credit hours the college
				  gives the CPA for completing the course into minutes. One semester hour of
				  college credit shall be 750 CPE minutes. No CPE credit shall be given to a CPA
				  who audits a college course. No more than 50 percent of the CPE credits
				  required for a year shall be credits for completing a college course.
(c) Self Study Activity. CPE credit for a
				  self-study activity shall be given based on the number of minutes needed to
				  complete the activity as determined by the sponsor.
(d) Preparing or Presenting a CPE Activity.
				  CPE credit for preparing or presenting a CPE activity for CPAs shall be given
				  based on the number of minutes spent in preparing or presenting the activity.
				  Preparing includes activities such as authoring or conducting a technical
				  review. No more than 50 percent of the CPE credits required for a year shall be
				  credits for preparing for or presenting CPE activities. CPE credit for
				  preparing or presenting an activity shall be allowed only once a year for an
				  activity prepared or presented more than once in the same year by the same
				  CPA.
(e) Authoring a Publication.
				  CPE credit for published articles and books shall be given based on the number
				  of minutes the CPA spent writing the article or book. No more than 25 percent
				  of a CPA's required CPE credits for a year shall be credits for published
				  articles or books. An article written for a CPA's client or business newsletter
				  shall not receive CPE credit.
(f)
				  Instructing a College Course. CPE credit for instructing a college course above
				  the level of accounting principles shall be given based on the number of credit
				  hours the college gives a student for completing the course, using the
				  calculation set forth in Paragraph (b) of this Rule. No more than 50 percent of
				  the CPE credits required for a year shall be credits for instructing a college
				  course.
(g) Nano Learning Activity.
				  CPE credit for Nano Learning, a tutorial activity without interaction with a
				  real-time instructor that is designed to permit a participant to learn a given
				  subject through electronic media including technology applications/processes,
				  computer-based or web-based technology, shall be based on the number of contact
				  minutes. Nano Learning is not a group program. This CPE activity shall be
				  offered by a CPE sponsor registered with NASBA pursuant to Rule .0403(c) of
				  this Section.
(h) Blended Learning
				  Activity. A Blended Learning program offers participants learning in multiple
				  formats or delivery methods. Activities can include lectures, discussion,
				  guided practice, games, case studies, and simulation. The varied delivery
				  methods include Group Live, Group Internet Based, Self Study, or Nano Learning.
				  The primary component of the program may be concurrent (a group program) or
				  nonconcurrent, allowing the participant to control a portion of the time and
				  place of the learning. CPE credit for Blended Learning shall be based on the
				  number of contact minutes incorporated in all the learning formats in the
				  Blended Learning activity. This CPE activity shall be offered by a CPE sponsor
				  registered with NASBA pursuant to Rule .0403(c) of this Section.
(i) No more than 50 percent of the CPE
				  credits required for a year shall be credits claimed under Paragraphs (b), (d),
				  and (f) of this Rule.
Authority
					 G.S.
					 93-12(8b);
Eff.
					 May 1, 1989;
Amended Eff. July 1, 2015; January 1, 2014; February
					 1, 2012; January 1, 2007; January 1, 2004; February 1, 1996; April 1, 1994;
					 March 1, 1990;
Pursuant to
					 G.S.
					 150B-21.3A, rule is necessary without
					 substantive public interest Eff. October 28, 2014;
Amended Eff.
					 January 1, 2020.