CONTINUING EDUCATION FOR LOWA CERTIFIED PUBLIC ACCOUTANTS (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 Iowa operates at the highest level of professional competence through, verification of education and experience credentials. 

IOWA (IA) CPA CPE REQUIREMENT OVERVIEW

Iowa CPA requires 120 hours of CPE to be completed in every reporting cycle, and must be reported to the Board by December 31 triennially as part of the renewal process.

Click for Further Reference on CPE Regulations for Iowa CPA.

All licensed CPAs in Iowa must complete 120 hours of approved continuing education over three-year reporting period. Many of our programs in Live and Self-Study are Approved for continuing education for Iowa CPA.

Here is myCPE 40 CPE Package for Iowa CPA (Incl. 4 hrs Ethics Course) that meets all your annual continuing education requirement including live webinar requirements (20 hours) in one go. 

Iowa (IA) CPA has to earn at least 4 hours of CPE in subject area of ethics and rules of professional conduct over the 3-year reporting period. Any Ethics CPE credits also count towards fulfilling the total 120 CPE credits required over 3 years. Regulatory AICPA Ethics, Circular 230 Ethics, Behavioural/Business Ethics and other subject areas are approved for qualifying as ethics as long as it meets NASBA standards. At myCPE we provide Free Ethics Course to all Iowa (IA) CPA as a part of our membership initiative.

The renewal license date for Iowa (IA) CPA is June 30th every year.

Click for FAQs on CPA license renewal.

The reporting cycle for Iowa (IA) CPA is from January 1 to December 31 triennially.

Here is Link to state board website to access FAQs on CPE Requirement and Regulations for Iowa CPA

Iowa 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 Iowa CPAs. Click Here for further reference on state board Website.

Yes, there is a minimum CPE requirement of Eight (8) credit hours devoted to financial statement presentation, such as courses covering the statements on standards for accounting and review services and accounting and auditing updates for Iowa (IA) CPA who supervise compilation services or who sign/ authorize the signing of compilation reports on financial statements on behalf of a firm.

At myCPE, we have packages which will satisfy your self study and live webinar requirements. myCPE 40 CPE Package for Arkansas meet all your CPE requirements including live webinar(20 hrs) requirements in one go i.e.

• 40 CPE hours
• 4 hours of ethics requirements including 1 hour of state specific requirement.
• Live webinar package includes 20 hrs of Live webinars.

Our 40 CPE package for Iowa CPAs is 100% compliant with the regulations of the Iowa State Board of Accountancy and we offer a 100% satisfaction guarantee. If you feel the package is non-compliant, please email our support team at (support@my-cpe.com) and let us know how it is non-compliant and we will happily refund your full payment.

• If the initial permit is issued for less than 12 months than there are no CPE requirements for IA CPA.
• If the initial permit is issued for more than 12 months, but less than 24 months the certificate holder shall report 40 hours of continuing professional education.
• If the initial permit is issued for more than 24 months but less than 36 months the certificate holder shall report 80 hours of continuing professional education.

All of following myCPE Learning Activities are approved for Iowa CPAs CPE

1. Self-Study Courses (Videos)

2. Live Webinars

3. Virtual Events

4. Articles

5. Packages

6. Short Videos

7. E-Book

8. Certificate Courses

In addition to the above activities the following mentioned activities may also contribute towards continuing education

1.      Dinner, luncheon, and breakfast meetings of recognized organizations (maximum 25% of the total renewal requirement)

2.      Successful completion of professional examinations (maximum 50% of the total renewal requirement)

3.      University or college courses

4.      Instructor, Lecturer or Discussion Leader (maximum 50% of the total renewal requirement)

5.      Authorship of books and articles (maximum 25% of the total renewal requirement)

Online renewal may require you to upload your CPE certificates of completion. If you are not liable to upload your certificates of completion, you should keep your copies in case the board performs an audit of your CPE, you will be responsible for submitting copies of your certificates of completion and/or verification of courses at the time of the audit. You must retain your documentation for at least three (3) years subsequent to submission of the report claiming the credit.

The license renewal fees for Iowa (IA) CPA is $100

Click here for Iowa CPA Fees Schedule.

An Iowa (IA) CPA can complete 50% hours of the total required CPE credits hours via self-study courses. i.e., an Iowa (IA) CPA can complete 60 hours via self-study courses and 40 CPE Package of myCPE is 100% compliant to that requirement.

No, Iowa Board of accountancy does not allow courses completed via nano learning to count towards the IA CPE requirements.

A registrant must report, at a minimum, the CPE hours required for the registration renewal period. Hours that exceed the number required for the current registration renewal period may not be carried forward to a subsequent registration renewal period

• You are in non-compliance if you do not complete at least 80 hours of acceptable CPE by December 31
• A licensee or certificate holder who fails to complete the 120 hours of CPE hours by the expiration date, but does so within 30 days following the expiration date shall be assessed a late fee of $25 and penalty of $100
• If the holder fails to complete the CPE requirements even after grace period the license will be lapsed and the holder cannot practice during that period of time.

As myCPE is approved by NASBA (Sponsor id 143597) many of our courses are approved for Iowa 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 Iowa 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.

Iowa State Board of Accountancy governs accounting and auditing profession in the state of Iowa! Here is link to the State board Website.