New versions of the tutorial and sample tests are now available at www.cpa-exam.org

During the remainder of the April/May 2008 testing window, two versions of the tutorial and sample tests will be available - the current version for candidates testing before July 1st, and the new version for those testing after July 1st.

A major CPA Examination improvement will be implemented July 1, 2008

CPA Exam - New Research Task Format

 

Idaho Accountancy Act and Rules Changes Effective July 1, 2008

The changes to the Idaho Accountancy Act include:  

  • drop the Retired CPA or LPA license age from 60 to 55

  • eliminate notice and fee for Practice Privileges

  • clarify the confidentiality of Peer Review documents

  • minor housekeeping items

There will be temporary rules effective July 1, 2008 that include:  

 

  • adding an Ethics CPE requirement (see below for more detail)

  • expanding Board’s authority to share discipline dockets with other State Boards

  • adding a time frame for Firms to enroll with an Administering Organization if the one they are using no longer offers Peer Reviews

  • deleting obsolete references to the paper-based CPA Examination

  • removing instructor’s name as a required field on CPE Reports

  • clarifying client-accountant confidentiality privilege

Ethics CPE specific changes:  

  1. Add a requirement for four hours of Ethics CPE every two years for Active licensees.  Programs in ethics include topics such as ethical reasoning, state-specific statutes and rules, and standards of professional conduct, including those of other applicable regulatory bodies.

  2. Penalty hours for non-compliance with the Ethics CPE requirement would be to complete one and one-half times the number of hours the licensee is short by May 31st of the following year (same as the current penalty for CPE non-compliance.)

  3. A licensee reinstating or re-entering as Active must complete four hours of Ethics CPE within the eighty hour CPE requirement to regain an Active license.

  4. A two hour State-specific course on Idaho ’s statutes and rules should be required during the first year of licensure for all new licensees and newly reinstated or re-entered licensees.  

 

HOUSE BILL NO. 379

 

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State of Idaho Privacy Policy

 

Last Edited 05/06/2008 09:01 AM

 

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