Important Notice Regarding CPE Credit

Important Notice Regarding CPE Credit

CPE self-study product descriptions make references to CPE Credit. These credits are based on a 50-minute hour. To better understand how to report your CPE credit, please read the information below carefully.

CPE Requirements for CPAs

CPE standards for Certified Public Accountants (CPA) are established jointly by the AICPA and NASBA (the National Association of State Boards of Accountancy). Before reporting credit, CPAs are advised to contact their state boards or other entities to which they report to determine their specific requirements.

CPE Credit is calculated in accordance with current CPE standards. CPE credit is recommended based on the results of the NASBA word-count formula or pilot testing by CPAs. The runtime of a course (in minutes) or average minutes spent by pilot testers on a course are divided by 50 to arrive at the CPE credit. If your state board requires that credit for self-study courses be calculated based on a 50-minute hour, you would receive 10 credits for a course that averaged a completion time of 500 minutes.

A Note on CPE Course Content and “Interactivity”

In accordance with current CPE standards, all PricewaterhouseCoopers Auditing Ltd. self-study courses elicit participant responses to test for understanding of the material, offer evaluative feedback to incorrect responses, and provide reinforcement feedback to correct responses. In this sense, they are considered “interactive.” In addition, all PricewaterhouseCoopers Auditing Ltd. self-study courses meet the standards of interactivity as defined by many state boards.

CPE requirements vary from state to state. We advise CPAs to contact your state board for information concerning your state's specific requirements.

To Obtain CPE Credit for Self-Study

To obtain CPE credit for a PricewaterhouseCoopers Auditing Ltd. self-study course, an individual must complete and pass the self-study exam included with the course. With online grading you can save time and enjoy the convenience of real-time exam results and printable certificates of completion. Information on how to submit the self-study exam online is included with your course materials.

Please note that per CPE standards we cannot provide an answer sheet or correct answers to incorrectly marked questions.

Official NASBA sponsor statement:

 

PricewaterhouseCoopers Auditing Ltd. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. Boards of Accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

PricewaterhouseCoopers Auditing Ltd. sponsor number for the following CPE reporting jurisdictions: National Registry: 142367

Courses that have been accredited with NASBA for CPE credits:

Introduction to IFRS – IAS 1 Presentation of Financial Statements

IAS 2 Inventories

IAS 7 Statement of cash flows

IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors

IAS 10 Events After the Reporting Period

IAS 12 Income taxes

IAS 16 Property, plant and equipment

IAS 20 Accounting for Government Grants and Disclosure of Government Assistance

IAS 21 The effects of changes in foreign exchange rates

IAS 23 Borrowing costs

IAS 27 Separate financial statements

IAS 28 Investments in associates and joint ventures

IAS 33 Earnings per share

IAS 36 Impairment of assets

IAS 37 Provisions, contingent liabilities and contingent assets

IAS 38 Intangible assets

IFRS 1 First-time Adoption of IFRS

IFRS 9 Financial instruments for corporates

IFRS 10 Consolidated financial statements

IFRS 11 Joint arrangements

IFRS 13 Fair value measurements

IFRS 15 Revenue from contracts with customers

IFRS 16 Leases

Transfer pricing documentation basics

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Krisztina Sótonyi

Digital learning global business development, PwC Hungary

Henrietta Kovács-Holbok

Senior Associate, PwC Hungary

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