HAWAII (HI) CPA
Certified Public Accountant (CPA) is a designation given by the American Institute of Certified Public Accountants (AICPA) to individuals that pass the Uniform CPA Examination and meet the education and experience requirements. The CPA designation helps enforce professional standards in the accounting industry. CPA (Certified Public Accountant) is the highest accounting credential in the United States. CPA ensures global recognition for accounting & finance professionals.
The Board of Accountancy provides assurance to the public that the CPA profession in Hawaii operates at the highest level of professional competence through, verification of education and experience credentials.
Hawaii (HI) CPA CPE REQUIREMENT OVERVIEW
|CPE Requirements||80 hours every 2 years|
|License Renewal Period||December 31 biennially, odd years|
|CPE Reporting Cycle||1/1 - 12/31 biennially, odd years|
|Ethics Requirement||Four (4) hours in subject area of ethics or professional conduct every two years. |
|Carry over credits||You have to take minimum 80 hours of CPE credits in a reporting cycle, However Excess Credit up to 40 hours can be carried forward to next reporting cycle.|
|Subject Area Restriction||None (Hawaii CPA can earn CPE Credits from NASBA Approved CPE Providers as long as it directly relates to the professional competence of the person)|
Hawaii CPA requires 80 hours of CPE to be completed in every reporting cycle, From January 1 to December 31 biennially in odd numbered years, and must be reported to the Board by December 31st biennially in odd numbered years as part of the renewal process.
Click for Further Reference on CPE Regulations for Hawaii CPA.
What are CPE Requirements for Hawaii (HI) CPA?
All licensed CPAs in Hawaii must complete 80 hours of approved continuing education biennially during the license period. Many of our programs in Live and Self-Study are approved for continuing education for Hawaii CPA. Here is myCPE 40 CPE Package for Hawaii CPA (Incl. 4 hrs Ethics Course) that meets all your annual continuing education requirement in one go.
What is the Ethics Requirement for Hawaii (HI) CPA?
Hawaii State Board of Accountancy has implemented a mandatory four (4) hours ethics requirement. This requires Hawaii CPA license holders to take four hours of ethics education every CPE reporting cycle. Any Ethics CPE credits also count towards fulfilling the total 80 CPE credits required over 2 years. Regulatory AICPA Ethics, Circular 230 Ethics, Behavioural/Business Ethics, Other State Ethics all subject areas are approved for qualifying as ethics as long as it meets NASBA standards. At myCPE we provide Free Ethics Course to all Hawaii (HI) CPA as a part of our membership initiative.
What is license renewal period?
The Hawaii CPA license renewal period ends on December 31st, of each odd numbered year.
What is the Reporting Period for Hawaii (HI) CPA
The reporting cycle for Hawaii CPA is a two-year period from January 1 to December 31 biennially.
Frequently asked questions on Hawaii CPA CPE regulations?
What are qualifying subject areas for Hawaii (HI) CPA?
Hawaii State Board of Accountancy does not specify any subject areas for the study! It says that subject area must contribute directly to the professional competence of a person. And hence all the program approved for NASBA fields of study on myCPE shall be eligible for CPE Credits for Hawaii CPAs. Click Here for further reference on state board website.
Do we have any minimum CPE requirements in particular Subject Area?
There are no minimum CPE requirements in particular subject area for Hawaii (HI) CPAs.
Why one should choose myCPE 40 CPE Package for Hawaii CPA?
- 40 CPE credit hours.
- 4 CPE credit hours in Ethics.
- 30 CPE credits hours in Accounting, Auditing, and Taxes.
What are CPE Requirements for Newly Certified Hawaii (HI) CPA after Initial Certification?
Licensees renewing their permit for the first time may apply on a prorated basis (10 CPE per quarter) depending on the effective date of the initial permit.
What are the qualifying learning activities?
- Self-Study Courses (Videos)
- Live Webinars
- Virtual Events
- Short Videos
- Certificate Courses
- Instructor, Lecturer or Discussion Leader (maximum 40 hours)
- Reviewer at a formally sponsored quality review program (maximum 20 hours)
- Preparation of articles and books (maximum 20 CPE hours)
- University and college courses
What are the CPE reporting and record retention requirements?
Applicants for renewal of active status licenses shall file a signed CPE reporting form provided by the Board, including a statement indicating all the details as set forth by the Board. You must retain your documentation for at least four (4) years from the date the program was completed.
How much does it cost to renew the Hawaii (HI) CPA license?
The license renewal fees for Hawaii (HI) CPA for an individual permit to practice- $155
The license renewal fees for Hawaii (HI) CPA for a firm permit to practice is as follows:
Even-numbered year $121
Odd-numbered year $89
Even-numbered year $345
Odd-numbered year $ 230
Click here for more information about fees schedule.
How many credits can be completed via Self Study courses?
A Hawaii (HI) CPA can complete 100 percent (%) of required CPE credits via self-study courses i.e. all 80 hours of CPE credits can be completed via self-study courses and 40 CPE Package of myCPE is 100% compliant to that requirement.
Is short video (nano learning method) approved for CPE?
No, Hawaii State Board of Accountancy does not allow courses completed via nano learning to count towards the HI CPE requirements.
Can Hawaii CPAs carry over excess credit earned in a particular renewal cycle?
Yes, Hawaii (HI) CPAs can carry over up to Forty (40) hours of acceptable education credits to next reporting cycle
What if Hawaii (HI) CPA did not complete the 80 hours of CPE by December 31?
- You are in non-compliance if you do not complete at least 80 hours of acceptable CPE by December 31.
- Failure to complete the required continuing education hours shall constitute forfeiture of the permit. Continuing practice without a permit shall constitute unlicensed activity and will result into disciplinary action against the CPA. The board may restore forfeited permits if the applicant makes up for the deficient hours.
Are myCPE courses Approved for Hawaii (HI) CPA?
As myCPE is approved by NASBA (Sponsor id 143597) many of our courses are approved for Hawaii CPAs. And for further guidance we have provided details for “QUALIFIES FOR” on each page of the courses about Approval/Qualifications of CPE Credits for your reference.
As myCPE is approved by NASBA (Sponsor id 143597) many of our courses are approved for Hawaii CPAs. And for further guidance we have provided details for “QUALIFIES FOR” on each page of the courses about Approval/Qualifications of CPE Credits for your reference. However, it will be the responsibility of each attendee to ensure that they are eligible for the Continuing Professional Education Credits based on their occupation/job profile, knowledge requirement as well as guidelines laid down by their regulatory board before registering for the webinars. So, make sure you check with respective state board or regulatory body.
Hawaii State Board of Accountancy governs accounting and auditing profession in the state of Hawaii! Here is link to the State board Website.
|National Association of State Boards of Accountancy (NASBA)||143597|
|Internal Revenue Service (IRS)||GEHNZ|
|California Tax Education Council (CTEC)||6273|
|Certified Financial Planner Board (CFP)||8061|
|Society for Human Resource Management (SHRM)||RP5359|
|Human Resource Certification Institute (HRCI)||714694|
|American Payroll Association (APA)||372961|
|Texas State Board of Public Accountancy (TSBPA)||010556|
|Illinois Department of Financial & Professional Regulation (IDFPR)||158002756|
|New York State Board of Public Accountancy (NYSPA)||002976|
|Association of Certified Fraud Examiners (ACFE)||Approved|
|National Association of Certified Valuators and Analysts (NACVA)||Approved|
|Institute of Management Accountants (IMA)||Approved|
|Institute of Internal Auditors (IIA)||Approved|
|Institute of Finance and Management (IOFM)||Approved|
|Society of Trust and Estate Practitioners (STEP)||Approved|
|Certified Senior Advisor (CSA)||Approved|
Upcoming HI-CPA Webinars
Alternate Designs for Defined Contribution and Defined Benefit Plans
Dec 17 03:00 PM EST
Retirement Plan Governance Best Practices: Fiduciary Responsibility
Dec 16 04:00 PM EST
The Next 401(k) Scandal
Dec 15 10:00 AM EST
Qualified Retirement Plan Updates & Opportunities – What Opportunities are available for the 2020- 2021 tax years?
Dec 14 04:00 PM EST
Retirement Plan Governance Best Practices: Overview
Dec 13 04:00 PM EST
Dec 10 01:30 PM EST
Succession and Exit Planning
Dec 09 12:30 PM EST
4 Pillars to an Abundant Retirement
Dec 08 10:30 AM EST
Fundamentals of Defined Benefit Plans
Dec 07 03:00 PM EST
Retirement Plan Updates & Opportunities
Dec 06 02:30 PM EST