The continuing education requirements for Certified Professional Accountants (CPAs) vary by state. While some states have more rigorous requirements for Continual Professional Education credits (CPEs), even those with less stringent rules expect CPA professionals to stay abreast of the developments in their profession, understand business ethics and comply with all laws and regulations.
The University of Cincinnati’s online Taxation Certificate offers CPAs an excellent way to meet CPE requirements. Companies that may not cover the cost of individual, day-long CPE courses may reimburse tuition for a formal accredited university program.
The University of Cincinnati offers Certificate in Taxation programs for both Corporate Taxation and Individual Taxation. Each program is worth 12 credit hours. The Ohio Administrative Code (OAC) adheres to the NASBA (National Association of State Boards of Accountancy) stipulation that one college credit hour should equate to 15 CPE credits in a semester system.
Most states process CPA license renewals every two years or every three years. For example, the state of Ohio uses a three year reporting system, and requires a minimum of 20 CPE credits each year. Additionally, CPAs must take three credit hours in Professional Standards and Responsibilities within each reporting period. Other states often refer to this type of course simply as Ethics.
A Certificate in Taxation in Individual or Corporate Taxation is a great way to bolster your credentials and stand out in the job seeker crowd — or among independent firms. The programs include a variety of courses that provide CPAs with in-depth knowledge that can immediately enhance the value of their practice.
Corporate or Individual Taxation?
Specialists who complete a certificate in Corporate Taxation program will earn credit toward their CPE requirements while also learning about the latest practices for mergers and acquisitions and business formation. They can choose electives that cover the tax concerns for each type of business entity, international taxation obligations, and taxation at the state and local levels.
A certificate in Individual Taxation offers fresh perspectives on federal and state taxation, tax deduction options, and methods of tax calculation. This supplemental knowledge boosts a CPA’s marketability and meets or exceeds CPE requirements in most states.
Choosing to earn credits for CPE online through programs that increase earning potential can help a CPA optimize time and resources while also complying with state and national standards for continuing education.
Learn more about the UC online taxation degree programs.
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