Some state boards report that over half of the CPE audits conducted do not pass the initial inspection.
San Jose, CA (PRWEB) January 13, 2012
CPE Link recently developed two new CPE tracking features in response to customer requests. Accurate CPE reporting is essential to licensed professionals. Certified Public Accountants (CPAs) must keep records of their completed state-required continuing professional education (CPE)—often going back three years or more. Paper files are inconvenient to maintain as well as at risk of being misplaced, damaged or destroyed. Electronic desktop files are in jeopardy, too, of being lost or corrupted. Not comforting, in that incomplete or false reporting of CPE can result in stiff fines or even loss of license.
State Boards of Accountancy routinely audit a certain number of license renewal applications and many practitioners are found deficient in CPE--having falsely reported courses completed and/or unable to produce the required documentation. Some state boards report that over half of the CPE audits conducted do not pass the initial inspection.
“Our CPE attendees asked for one place to collect and save all their CPE certificates of completion, and we created it,” said Sue Anderson, executive director for CPE Link. “A perfect use of 'cloud' storage, once certificates of completion are uploaded, the user instantly has more peace of mind."
The second new feature involves more custom credit tracking. Each state board of accountancy requires a particular number of course hours be taken in select subject categories and puts limits on others. Practitioners can now select the category of CPE each course fulfills from a drop-down menu specific to their state, enabling more accurate CPE tracking.
About CPE Link: CPE Link is a provider of online CPE for CPAs, EAs, CMAs, CFPs and other financial professionals. Practitioners can choose from a broad curriculum of 400 live webcast topics each year and over 600 hours of online self-study. CPE Link is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.