What types of educational programs qualify?
A. Accounting professionals should participate in programs of learning that maintain or increase their professional competence or do both, and this is the fundamental purpose of CPE. An accounting professional’s field of employment does not limit the need for continuing professional education. A person performing services of a professional nature needs to have a broad range of knowledge, skills, and abilities. Thus, the concept of professional competence should be interpreted broadly. Accordingly, programs contributing to the development and maintenance of non-technical professional skills should also be recognized as acceptable continuing education. Acceptable subjects may include accounting and auditing, consulting services, specialized knowledge and applications, management, personal development, and taxation. Other subjects may also be acceptable if they maintain and/or increase the accounting professional’s competence.
