Please note: The CPE Information provided in this section relates to CPAs only.
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New Jersey |
| Renewal Date: |
12/31 triennially |
| Reporting Period: |
1/1 to 12/31 triennially |
| Required Hours: |
120 hours; a minimum of 60 hours must be obtained through a didactic or in-person instruction. |
| Ethics Required: |
Yes, 4 hours every 3 years. All applicants shall complete four credit hours of the
required 120 credit hours in the New Jersey law and ethics course set forth in N.J.A.C. 13:29-6.3A. |
| Subject Breakdown: |
A minimum of 72 technical hours, of which 24 credit hours must be in Auditing, Review, and Compilation for licensees engaged in the practice of public accounting.
Technical subjects include; accounting, auditing, business law, computer science, economics, finance, management advisory services, mathematics, statistics, SEC Practice, taxation and professional ethics and any of the above may be in specialized industries. Other courses may be acceptable if the licensee can demonstrate to the satisfaction of the Board that each subject or specific program contributes to the maintenance of the licensee’s professional competence.
New licensees must take an orientation course within six months of becoming licensed by the Board; the orientation course shall be a four-credit course in New Jersey law and ethics approved by the Board pursuant to N.J.A.C. 13:29-6.3A and 6.6. A licensee must send a copy of the orientation course completion certificate to the Board within 30 days of taking the course.
Practice development and marketing courses are not acceptable.
For the triennial period commencing January 1, 2009 and thereafter, a minimum of 60 credit hours must be obtained through didactic instruction (in person, or interactive telephonic or electronic instruction). Didactic instruction does NOT include video-taped or audio-taped instruction. |
| Credit Limits: |
The maximum credit for instructors is 60 credit hours per triennial period. The course must fall under a qualifying technical subject set forth in N.J.A.C. 13:29-6.3. z=For preparation time, 2 additional hours of CPE shall be awarded foe each hour of instruction. An instructor or discussion leader who is employed as an instructor or discussion leader on a full-time basis shall not be eligible to obtain CPE credit for such activities.
The limit on books/articles is 25% of total hours. Only peer-reviewed publications are subject to credit.
Non-technical credits are a limited to 44 credits per triennial period.
Practice Review is limited to 50% of total hours.
Licensees can claim a full one credit for every 50 minutes of participation in correspondence or individual self study courses, thereby eliminating the current one-half credit limitation for these courses for the 2009-2011 renewal period and thereafter.
For the triennial period beginning January 1, 2009 and thereafter, a maximum of 60 hours of CPE may be obtained in correspondence and other individual study programs. |
| Other State Policies: |
NJ requires providers to be registered with either the NJ State Board of Accountancy or NASBA. (NASBA-approved sponsors are NOT required to register with the Board. )
For the triennial period beginning January 1, 2009 and thereafter, correspondence and individual self study programs must be registered with NASBA.
Half credits are allowed after the first hour.
Licensees will earn 15 credits of CPE for each semester credit hour earned for college or university courses in qualifying technical subjects. |
| Contact Info: |
New Jersey State Board of Accountancy
124 Halsey Street
6th Floor
Newark, New Jersey 07101
USA
Phone: 973-504-6380
Fax: 973-648-2855
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| Web address: |
http://www.state.nj.us/lps/ca/nonmedical/accountant.htm |
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