What is the breakdown of required CPE hours in various subjects?
24 credits in accounting or auditing are required of licensees who work with financial reporting clients or sign financial reports. 24 credits in taxation are required of licensees who work with tax clients or sign tax returns. 3 credits in professional standards and responsibilities (PSR) are required of all licensees. The PSR requirement may be fulfilled by taking courses in the following three subject areas: (1) accountancy laws and rules, (2) professional accounting ethics, and (3) ethical philosophy.