August 21, 2018

Ohio CPAs Will Soon Be Able to Take CPE 10 Minutes at a Time

The necessary evil that is CPE can be a bit of a pain in the butt. Unless you're attending several conferences a year or diligent about signing up for and attending our free webinars, it can be difficult to squeeze in an hour of CPE at a time.

Worry no more, Ohio CPAs, you will soon be able to get your CPE in bite-sized pieces that take no longer than a Thighmaster workout:

Ohio is leading the country in allowing continuing professional education in 10-minute increments. OSCPA President & CEO Scott D. Wiley, CAE announced the change today at OSCPA’s Leadership Summit and Annual Meeting in Columbus. The Accountancy Board of Ohio approved the change at the Friday, June 13 board meeting.

Maryland and other states are working on similar initiatives.

“We are proud of the collaborative relationship we have with the Accountancy Board of Ohio, the National Association of State Boards of Accountancy and the AICPA which helped to drive this change,” Wiley said. “Ohio is fortunate to have such strong regulators who are also innovative thinkers.”

The OSCPA is working on coming up with mini CPE sessions that can be accessed online or by mobile, meaning you can easily work toward your 120-hour requirement 10 minutes at at time while enjoying your morning coffee, pretending to listen to your spouse tell you about their day, or while sitting on the can. Progress!

The change is pending approval by the Joint Committee on Agency Rule Review.

It's worth pointing out that OSCPA President and CEO Scott Wiley also sits on the AICPA Task Force on the Future of Learning, which is trying to modernize CPE.

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KPMG Arrives at the Paperless Audit Party

office-space-402a-061907.jpgWe’ve received several reports about Klynveldians attending “eAudit” training this summer which marks the firm’s attempt to get break into the “paperless” audit world. Reports have been mixed with some saying that it’s best technology KPMG has invested in but others claiming that it will only run on Vista which may be problematic when Windows 7 rolls out.
Forgetting the technology mumbo-jumbo, it’s been long rumored that KPMG was the last major firm to make the move to a paperless audit. This could have been due to a number of things:
More, after the jump


• Partners that have been around since WWII that can’t even use email put the kibosh on the whole idea
• M-O-N-E-Y
• Accountants, in general, resist the idea of trying a new restaurant so don’t even think about messing with their audit methods
What’s more surprising is that some Radio Station clients have said that they prefer the old school audit. Not exactly sure what is so appealing about young auditors schleping around boxes of binders that weigh a few metric asstons but whatevs.
Our point, dude, is that KPMG has finally caved on this whole “paperless” idea. Since audits aren’t truly paperless we’re not sure what all the fuss is about but KPMGers got an extra week in Florida in the dead of summer out of it. Discuss the firm breaking into the new century in the comments or let us know how terrible your lives will be because of it.

CalCPA Is Doing About Everything It Can to Motivate You to Reactivate Your CPA

the-big-lebowski-bridges-dude.jpgThe California Society of CPAs understands that some of you are lazy. You don’t work for a company that provides enough CPE (and the cheapskates won’t send you to Vegas for a week) and self-study is out of the question, so your license becomes inactive.
So CalCPA is trying to get you back on the fast track to active status by offering the CPA Active Pass.
This will allow you to get the “inactive” from behind those precious letters and you can wear all of your CPA attire again without having to explain that you’re technically not an active CPA. Details-shmetails.
The CPA Active Pass allows you attend 80 hours of live CPE courses including webcasts, which is the real bonus so you won’t even have to leave your house.
No more excuses people.
CalCPA Helps Inactive California CPAs Reactivate [Web CPA]
Earlier: Arnie Signs 150-Hour Rule for California