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.
Individual Registration to View State
Specific Video
Group 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.