Maryland approves new ethics CPE requirement

Maryland's State Board of Public Accountancy has enacted a new continuing professional education mandate that requires Maryland CPAs to devote at least four hours of CPE every two years to ethics training.

The State Board amended the continuing education requirement for Maryland CPAs to require the following:

Proposed 09.24.02.02 B: A minimum of four hours of the continuing education for each two-year license term shall be in professional ethics.

The final regulation is expected to be published in the Maryland Register in September. The requirement will take effect one year from the date the regulation is published.

The ethics CPE requirement will take effect on Oct. 1, 2006. That means four hours of ethics CPE will be required for license renewals beginning Oct. 1, 2006.

What does it mean for you?

When the new ethics CPE requirement was proposed in early 2005, the MACPA sent a letter on its members' behalf to the State Board seeking clarification on a number of issues. Here's what the requirement might mean for you.

As part of our commitment to serve our members' training and compliance needs, the MACPA will respond by searching for and providing you with ethics training that is of the highest quality and available in various convenient venues. Please watch our Web site for future announcements.

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