Idaho State Board of Accountancy Ethics Requirement

This is an Idaho State Board of Accountancy Rule (ISBA), not an ISCPA rule.
However, ISCPA is working diligently to help our members meet the new ethics requirement.

STOP – If you have previously received CPE credit for viewing this video - STOP

In order to ensure you will receive CPE credit in 2012, YOU MUST verify with Sue Lenon at the Idaho State Board of Accountancy that you are eligible to report such credit, PRIOR to viewing this video. You may email her using the link above or call her at 208.334-4596.

Once she has informed you that you may receive credit again in 2012, you may proceed with the viewing of the video.

We apologize for the inconvenience we realize this will cause. However, until we receive clarification from the ISBA, we cannot continue to issue certificates for CPE that may or may not be accurate.

PLEASE NOTE
All CPE requests received on December 21st or later, will be processed on January 2, 2013.
Please make sure that your email response with the codes is date-stamped in 2012.
If your email is date-stamped for 2013, you will not receive any credit.

Individual Registration to View State Specific Video

Idaho's Ethics CPE Requirement for all active licensees:

It is a rolling total of 4 CPE credits of Ethics included in the rolling total of 80 or more CPE credits. All active licensees are required to report a minimum of 4 hours of ethics by the end of the 2009 reporting period. The 4 hours are a rolling two-year total within the hours required by the individual starting in 2008. For example, if you took 1 hour in 2008, you will need 3 in 2009. Then, in 2010, you will be required only 1 again, but can report up to 4. If you reported 0 for 2008, you must report 4 in 2009. Then, in 2010 you are not required to report any ethics credits, but can report up to 4. This then determines how many you need to report 2011 and so on.

The easiest way to grasp the two-year rolling credits concept is using pen and paper and writing it out. For example:

Who must comply with the new State Specific Ethics requirement?

New, Reinstated, Re-entered or Reciprocal licensees that obtained a license on or after July 1, 2008 are required to take the Idaho State Specific Ethics course. This course will cover Idaho’s Accountancy Act and Rules and is free of charge.

Any licensee may take the course; however, you may only count the credits once. For example, lets say you view the video in 2011 and report the 2 ethics credits on your 2011 CPE report. You may view the course again in 2012, but you may not report the credits again in 2012. When the video is updated, you may view it again and then report those credits.

Is the new Ethics requirement in addition to the current CPE required?

No, it is a component of the current requirement. The CPE requirement is a rolling 80 or more credits in each two-year period and beginning July 1, 2008, 4 of the rolling total credits must be in Ethics every two years. Therefore, you will need to complete a minimum of 30 credits of CPE between January 1, 2009 and December 31, 2009. 2009 is the completion of the first two year rolling total of the 4 CPE credits in Ethics and continue from there.

For more information, visit the Idaho State Board of Accountancy's website.

What is the State-Specific Ethics course?

The Idaho State-Specific Ethics CPE course is a free 2-hour course presented by the ISBA's Executive Director covering relevant topics from the Idaho Accountancy Act and Rules. All Idaho licensees may use this course as 2 hours of the Ethics CPE requirement of 4 hours every 2 years.

Disclaimers

This video DOES NOT meet AICPA / NASBA / QAS / CPE Standards nor does it cover ethical issues that arise in a tax practice environment as required by the IRS for EA's – it strictly covers the Idaho State Board of Accountancy’s Rules & Regulations for Idaho CPAs.

This video is 100 minutes in length. All individuals planning to report this video for continuing education credit, to other than the ISBA should first consult with their respective licensing agency regarding acceptability of credit and to determine the amount of such credit.

The ISBA has made the determination that they will accept this course for Idaho licensees as part of their ethics CPE requirement, even though it does not meet the joint AICPA / NASBA self-study CPE standards. ISCPA strongly recommends checking with all other State Board of Accountancies prior to submitting this course for CPE credit in other states.