2008-2009 NORTH CAROLINA ON-LINE CERTIFICATE RENEWAL INSTRUCTIONS

 

We encourage you to renew early. If there is a problem with your renewal and staff finds it at the beginning of the renewal season, you may have time to correct it. If you renew close to the June 30 deadline, you may encounter renewal server slowdowns and you may have missed your opportunity to correct problems. Licensees who fail to renew will forfeit their CPA certificates. You may print the final renewal acknowledgement page to confirm that your renewal was processed; your credit card statement also serves as your receipt. If you wish to keep a copy of the information submitted, you may print each page of the on-line renewal after you have completed the information required, but before hitting the “submit” button. You may also check your personal record in the “Licensee Search” section of our web site, www.nccpaboard.gov, to confirm an updated expiration date for your certificate. The web site is updated in real time. Should you encounter errors during the renewal, please restart your computer and try again. Restarting the computer fixes the majority of problems that occur.

 

You will need four things to complete your renewal, 1) your North Carolina CPA certificate number;
2) your Social Security number; 3) the number of CPE hours earned to meet the 2007 requirement; and 4) a valid MasterCard or VISA number and valid expiration date. The Board’s web site is certified as secure by Comodo for web-based transactions.

 

I.    Page 1 of the on-line renewal lists your personal information from our files. Please review and correct the information as necessary so that our records are current and complete. You must provide the Board with a full address, including business name, mailing address, e-mail address, and telephone number so that the Board will have complete and accurate information and will be able to contact you if necessary. To update your address(es), click on the blue highlighted link (such as Mailing Address) to change each type of address (mailing address, business/practice address, or home address). You will not be allowed to complete your renewal and exit the system without providing a mailing address. If you are using your home address or business address as your mailing address, you do not need to list the same address in two categories (such as mailing address and home address or mailing address and business/practice address). Do not list an address change that is more than two weeks in advance. Use only the occupation and concentration categories provided in the pop-up lists.

II.   Page 2 of the on-line renewal pertains to the mandatory CPE requirement.

 

A.   If you completed the 40-hour requirement in calendar year 2007, including at least eight (8) hours of non-self study credit and the required Board-approved ethics course, check item "A." If you were certified in North Carolina during the second, third, or fourth quarters of 2007, your CPE requirement for that year is prorated (30 hours, 20 hours, and 10 hours respectively). Hours earned in excess of the minimum requirement may be carried forward into 2008 (maximum carry-forward is 20).

B.   If you were certified in North Carolina after January 1, 2008, check item "B" because persons certified after that date may not report any CPE earned in 2007 or any carry-forward. You will not be able to view Page 3 where licensees who report CPE input the hours taken. You will be automatically redirected to Page 4 instead.

C.  If you took some of your 2007 CPE after the December 31, 2007, deadline, but before
June 30, 2008,
and you need to use those courses to meet your 2007 requirement, check item "C." Note that taking CPE after the deadline may result in a letter of warning pursuant to 21 NCAC 08G .0406(b). If you did not meet the CPE requirement by June 30, 2008, you do not qualify for renewal.

D.  If you took some of your 2007 CPE after the December 31, 2007, deadline, but before
June 30, 2008, and you were granted an extension, please check item "D." Note that your extension must have already been formally approved by the Board and you should have received written confirmation that the extension was granted.


 

III.  Report your CPE hours on Page 3. The Board will audit a sample of licensees to ensure compliance. Individuals selected for the CPE audit will be contacted by the Board and must provide the required documentation by the deadline specified.

 

A.   Block A shows the number of carry-forward hours brought forward from 2006 (20 maximum). If this number does not agree with your records, please e-mail Cammie Emery at cemery@nccpaboard.gov before completing the on-line renewal. Staff will verify your claim so that you may properly complete your renewal after the issue has been resolved.

B.   Enter the total number of CPE hours for the courses earned in 2007. If you completed courses between January 1 and June 30, 2008, you may renew by combining the 2007 and 2008 hours, but you may be issued a letter of warning.

C.  The renewal system will automatically add the carry-forward hours earned in 2006 (Block A) to the CPE hours earned in 2007 (Block B), and put the total in the Total Hours Reported block (Block C). Forty hours is the minimum total unless your 2007 CPE requirement was prorated [21 NCAC 08G .0401(e)].

D.  The hours available for carry-forward will be automatically calculated in Block D (carry-forward hours cannot exceed 20). NOTE: If your CPE requirement for 2007 was prorated, you may carry over up to 20 hours in excess of your requirement.

 

IV.  Moral character data is requested on Page 4. Please answer the appropriate item(s) affirmatively and type a brief explanation in the text box at the bottom of Page 4. The moral character data for licensees who have not previously filed a certificate renewal is applicable for the period since the filing of their certificate application.

 

V.   Page 5 is an affirmation which states that you have read the North Carolina Accountancy Statutes and Rules. The most current copy may be accessed on our website, www.nccpaboard.gov, or by clicking the links embedded in the renewal. You are also certifying that the information provided on the on-line renewal is correct and complete.

 

VI.  We only accept MasterCard and VISA for payment. The renewal is considered incomplete if a credit card charge is not authorized by the issuing financial institution. If you wish to mail your completed form with a check or money order, you may do so by signing the last page of the renewal and submitting all pages of the completed form and the required fee to the Board at PO Box 12827, Raleigh, NC  27605-2827.

 

Change of Status: You may elect retired or inactive status by submitting the proper form. CPAs on inactive or retired status are not required to renew their certificates, report CPE, or pay a renewal fee.

You may obtain forms for inactive or retired status by printing them from our website, www.nccpaboard.gov, or calling the Board office at (919) 733-4222. The deadline to request retired or inactive status is June 30. You may qualify for retired status if you are completely retired, will not receive compensation for any personal services (accounting or otherwise), and verify your intention never to return to active status. You must also verify that you will not sign as a CPA if you do any volunteer accounting work. You may request inactive status by sending the proper form by June 30. CPAs on inactive status may keep their CPA certificates but must confirm that they will not use the CPA title in any way while on inactive status.

 

Rev. 2/26/08


ESSENTIAL CONTINUING PROFESSIONAL EDUCATION INFORMATION

 

General Information -- All CPAs on active, conditional, form of practice, or probationary status must comply with the CPE requirements and pay an annual renewal fee. You are required to complete at least 40 hours per calendar year to renew your certificate. The deadline for reporting CPE credit earned is June 30. CPE hours are reported during the on-line certificate renewal process. Do not send a detailed listing of courses unless you are selected as part of the CPE audit sample or have received a letter specifically requesting documentation. CPE hours must be rounded down to the nearest half-hour after the first full hour of credit has been earned. The Board's CPE rules are found in Title 21, North Carolina Administrative Code (NCAC), Chapter 08G, Section .0400. Please refer to the Board's web site www.nccpaboard.gov for the current CPE rules.

 

Self-Study Courses -- At least eight (8) hours of CPE credit earned in any calendar year must be non-self study, excluding any carry-forward hours used to meet the minimum requirement. Another self-study rule stipulates that the amount of credit for all self-study courses is based on the average completion time in 50-minute hours as determined by the sponsor. If you have questions about how the sponsor has calculated the hours recommended, you must contact the course provider directly.

 

One example of self-study material that does not meet the Board’s requirement for appropriate instructional design is a “course” that consists of an examination on periodicals, guides, magazines, subscription services, books, reference manuals and supplements (e.g., Journal of Accountancy, CPE Direct, tax services and handbooks, audit guides, etc.). Such programs do not meet this requirement because the material studied is not designed primarily for CPE purposes [21 NCAC 08G .0404(e)].

 

Ethics CPE Requirement – The Board has adopted 21 NCAC 08G .0410, that requires all licensees to take annually either two hours of Board-approved ethics CPE in a group study format or four hours of Board-approved ethics CPE in a self-study format. Information on courses that will satisfy the requirement is made available to licensees through the Activity Review and the Board’s website, www.nccpaboard.gov. A non-resident licensee who does not have an office in North Carolina is considered to have met the Board’s ethics requirement if he or she meets the requirement in the jurisdiction where the licensee is certified and works or resides. If the jurisdiction of employment or residence does not require an ethics program, one of the North Carolina-approved courses must be completed. If you have any questions regarding the ethics CPE requirement, please contact Cammie Emery by e-mail at cemery@nccpaboard.gov.

 

Registered Sponsors -- The Board registers sponsors who agree to conduct programs that enhance a CPA's professional skills and meet other minimum standards. These organizations have also agreed to keep records of their programs for five years. This requirement removes some of the burden of record-keeping for CPAs taking the course, but it does not automatically mean that a CPA may claim credit for a course. You are responsible for selecting the CPE courses you attend, and you should pick only those courses that will improve your professional competence. The Board's office maintains a database of registered CPE sponsors on its web site, www.nccpaboard.gov. The Board's staff can only confirm that a sponsor is registered, not that a particular course can be used for CPE purposes. Due to the large number of licensees and the volume of courses offered, the Board staff cannot “pre-approve” CPE courses.

 

Non-Registered Sponsors – Pursuant to 21 NCAC 08G .0404(f), you may claim CPE credit for continuing education programs that are conducted by non-registered sponsors. You should refer to 21 NCAC 08G .0403 and .0404 for the types of coursework that might qualify, as well as the standards that such courses must meet. You do not need to submit your documentation to the Board at the end of each year; keep it in your files for five years. Complete and accurate information regarding sponsors and courses is essential. Such documentation should include, but is not limited to:


1)   Proof of completion of a course (must include your name as the course participant, course title, date of completion, and CPE hours recommended). This is the most important piece of documentation that you should save. Proof of registration or copies of course agendas are not adequate proof of attendance;

2)   The instructor's biography, indicating both general teaching competence and particular mastery of the subject matter of the course;

3)   A description of the facilities used and the number of other participants;

4)   Information about the course developer and sponsor; and

5)   A description of course objectives, prerequisites, experience level, content, required advance preparation, teaching method used, and CPE credit recommended.

 

General Guidelines -- CPE courses offered by any sponsor should be on a professional level and should relate to the field of accountancy. The seven approved subject areas for CPE programs as set forth in 21 NCAC 08G .0404(b) are:


1)   Accounting and Auditing

2)   Consulting Services

3)   Ethics

4)   Management

 

5)   Personal Development

6)   Special Knowledge and Applications

7)   Tax


 

Examples of courses that may not meet such criteria are:

1)   Basic courses in accountancy and related technical subjects;

2)   Programs not designed for professional competence, such as:

      a)   Information for the general public on matters such as personal money management, personal investments, elementary income tax, social security, and retirement benefits,

      b)   Sales-oriented presentations for office equipment and other system applications;

3)   Programs that do not contribute to knowledge of the field of accounting, such as:

      a)   Programs restricted to the policies and procedures of a particular company or organization,

      b)   Programs presenting sophisticated scientific and technical knowledge generally considered beyond the scope required for the practice of accountancy.

 

Audit of CPE Reports – Staff will audit a computer-generated, random sample of licensees each year. If you are selected, it is your responsibility to contact sponsors and obtain verification from them if needed.

 

On-line License Renewal-- The license renewal must be used to report CPE hours. Do not send CPE certificates unless you are being audited. Fractional hours must be rounded down to the nearest half-hour for each course after the first full hour of credit has been earned.

 

Carry-Forward Hours – Carry-forward hours are designed to be an "insurance policy" to guard against situations where circumstances prevent a licensee from completing the full 40-hour CPE requirement by December 31. If you do not maintain 20 hours of carry-forward, you increase the risk of receiving a letter of warning or being ineligible to renew your certificate. Twenty (20) hours is the maximum carry forward. New North Carolina CPAs should also be aware that they may not claim carry-forward from the calendar year before the year they were certified in North Carolina. Carry-forward hours do not maintain their characteristics (e.g. self-study, group study, ethics, etc.). Note that you may earn half-hours after the first whole hour earned in a single program. Therefore, you may carry forward CPE hours in half-hour increments. Note that CPE credit should be rounded down to the nearest half hour after the first whole hour has been earned.

 

Extensions of Time to Complete CPE -- Extensions of time to complete CPE requirements may be requested by submitting a completed extension request form that is available on our web site. However the Board will generally approve extensions only when circumstances indicate a severe personal hardship (e.g., severe illness). Failure to complete courses on time due to business circumstances probably will not be approved. Note that extensions are not granted past June 30. Extension requests should be submitted by April 1.

 

Penalties for Noncompliance -- Licensees who fail to comply with the CPE requirements are subject to a letter of warning or forfeiture as outlined in 21 NCAC 08G .0406(b).

 

Rev. 02/26/2008