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Kentucky CPE Requirements

Kentucky CPE Requirements


BOARD INFORMATION FOR REFERRALS:

Kentucky State Board of Accountancy
332 West Broadway, Suite 310
Louisville, KY 40202
Phone: (502) 595-3037
Fax: (502) 595-4500
Website: https://cpa.ky.gov/Pages/default.aspx

DO PES COURSES QUALIFY FOR CPE IN THE STATE OF KENTUCKY? YES!

Kentucky has no specific sponsor registration requirements. Professional Education Services, LP (PES) is registered with NASBA (#103592) on the National Registry of CPE sponsors and has issued credits in the state of Kentucky without any problems.

LICENSE RENEWAL INFORMATION:

  • 80 hours every two years if with a public accounting firm and has worked more than 3000 hours during the CPE reporting period.
  • 60 hours every two years if with a public accounting firm and has worked less than 3000 hours during the CPE reporting period or who were employed in industry, education or government.
  • 50% of the total hours shall include technical standards courses. These are defined as education courses if the subject matter is: accounting, auditing, business law, economics, finance, information technology, management services, professional ethics, statistics, securities, tax and specialized areas of industry, all of which shall contribute directly to the professional competence of a licensee.
  • A&A hours: Licensees who perform attest services (as defined in KRS 325.220); or compilation or preparation of financial statement engagements subject to SSARS, must complete eight (8) hours of CPE in the subject matter area of accounting or auditing each calendar year for a total of sixteen (16) hours per reporting period.
  • Personal Development courses: Licensees required to obtain eighty (80) hours of CPE may include eight (8) hours of personal development courses toward the required hours, and licensees required to obtain sixty (60) hours of CPE may include up to twelve (12) hours of personal development courses. An acceptable personal development course shall be limited to courses to improve time management, leadership, team building, goal setting, and similar soft skills related to working in an office or professional setting.
  • 2 hours of ethics each renewal period. This does not have to be specific to KY law and may be a general ethics course. PES course 4910: Ethics and Professional Conduct for Kentucky CPAs can be used to satisfy this requirement as can any other PES state specific or general ethics course.

LICENSE EXPIRATION INFORMATION:

  • Registrant with odd numbered certificates expire biennially on 8/01 in odd years.
  • Registrant with even numbered certificates expire biennially on 8/01 in even years.

CPE COMPLETION DUE BY:

  • CPE must be completed by 12/31 prior to expiration.
    If renewing in 08.2024, the CPE period is 01.01.2022 to 12.31.2023
    If renewing in 08.2025, the CPE period is 01.01.2023 to 12.31.2024

SELF STUDY CREDIT HOURS:

Credits granted for PES courses are based on the AICPA and NASBA (National Association of State Boards of Accountancy) statement of standards which grant 1 CPE credit for every 50-minutes of study time. Kentucky recognizes the same credit measurement.

MAXIMUM ALLOWABLE SELF STUDY CREDITS: 100%
ACCEPTABLE AREAS OF STUDY:

ACCEPTED AREAS include: Accounting, auditing, business law, economics, finance, information technology, management services, professional ethics, statistics, securities, tax, and specialized areas of industry, business communications; or marketing all of which shall contribute directly to the professional competence of a licensee.

NOT ACCEPTED - The following subject areas shall not be considered acceptable for continuing education: self-realization; spirituality; personal health or fitness; sprots and recreation; foreign languages or cultures; and any other subjects that do not contribute directly to the professional competence of the licensee

NASBA FIELD OF STUDY SYNOPSIS: The specific fields of study noted by the Kentucky Board can all be equated to a NASBA field of study. All fields of study noted on PES certificates of completion should be able to be reported to Kentucky with consideration made for the personal development course limitation.

If you have any questions regarding your CPE requirements, please call PES at 1-800-990-2731 or your State board. PLEASE NOTE: Since state board regulations are constantly changing, the information contained here is deemed reliable however it is not guaranteed. We encourage you to contact your state board to answer any questions and confirm or clarify any requirements listed here. Information updated 4.2.2024