10:15-30-5. Reporting and documentation by certificate and license holders (a) Certificate and license holders not otherwise exempt must complete one hundred twenty (120) hours of qualifying CPE within three (3) calendar years. A certificate or license holder’s three (3) year period begins January 1 in the year the certificate or license holder was required to earn CPE. Prior to January 1, 2009, a minimum of 2 hours of professional ethics must be earned each year. Effective January 1, 2009, 4 hours of professional ethics must be earned in each rolling 3-calendar-year period.

Also, current rules require that individuals applying for an initial permit and all individuals applying to renew a lapsed permit must show evidence of successful completion of the AICPA ethics examination or its equivalent as part of their CPE requirement.

To help CPAs meet the requirement, the OSCPA has several affordable opportunities available.

Professional Ethics: The AICPA's Comprehensive Course

Applicants seeking certification, an initial permit to practice or the issuance of a lapsed permit will need to complete Professional Ethics: The AICPA's Comprehensive Course. The OSCPA has copies of Professional Ethics: The AICPA's Comprehensive Course, recommended for 8 hours of CPE credit. The course is available at a deep discount by ordering through the OSCPA — $95 to members or $115 to nonmembers. The course may be picked up at the OSCPA Office, 50 Penn Place, 1900 NW Expressway, Suite 910, Oklahoma City, OK or mailed for an additional $5 per course. Order your course materials now!

Questions? Contact the OSCPA CPE Coordinator at cpe@oscpa.com or by phone at (405) 841-3800 or (800) 522-8261, ext. 3829.