What You Need to Know About the CPE Deadline and License Renewal
Following a recommendation from the NJCPA, the New Jersey Division of Consumer Affairs — the government agency that oversees the New Jersey State Board of Accountancy — has announced that the deadline for licensees to complete their CPE for the 2018-2020 triennial has been extended to June 30, 2021. (Scroll down to read the full email from the Division of Consumer Affairs.)
CPE Should Still Be Completed ASAP
The New Jersey Society of CPAs urges all CPAs to attempt to complete their CPE by the original Dec 31, 2020, deadline. Credits taken between Jan. 1 and June 30, 2021, that are applied to the 2018-2020 triennial cannot also be counted for the 2021-2023 triennial. Licensees will be required to keep track of which credits are applied to which triennial.
You can track your credits using the CPE Tracker. And you can search for upcoming events being offered by the NJCPA here.
License Renewal Process
License renewal forms were sent at the end of October. They will still be due Dec. 31, 2020, and can only be paid online, as has always been the case.
The license renewal form has not been modified for the CPE deadline extension. We have been informed by the Board that licensees who are using some or all of the extra six months to complete their CPE should answer “no” to the question asking if they will complete their required CPE by Dec. 31, 2020. Board staff are aware of the extension in the event a licensee is selected for audit.
If a CPA doesn’t receive a renewal form, it may be due to the fact that the licensee has changed their address in the past three years but never informed the board. In that case, the licensee needs to email the board their new address and request a renewal form be emailed to them. If the licensee hasn’t changed their address and hasn’t received a renewal notice by Dec. 1, they should email the board and then the board will email them a renewal form.
October 2, 2020, email from the New Jersey Division of Consumer Affairs:
Dear licensees and CPA exam candidates,
Please be advised that the Division has issued a Rule Waiver (DCA-W-2020-17) temporarily extending until December 31, 2020, the expiration of certain exam credits for the multi-part Certified Public Account Exam (CPA Exam). Additionally, DCA-W-2020-17 extends until June 30, 2021, the deadline for licensees to complete continuing professional education (CPE).
The Division takes this action today due to the COVID-19 pandemic and difficulties CPA Exam candidates have faced – and continue to face – in sitting for the multi-part CPA Exam within the required 18-month window, and the challenges licensees have experienced obtaining CPE credits. Under the order, candidates’ exam credits that expire between March 9, 2020, and December 30, 2020, will be extended to the new December 31, 2020 deadline. Additionally, the order extends – from December 31, 2020, to June 30, 2021 – the deadline by which Board-licensed certified public accountants and public accountants must complete 120 CPE credits. This order takes effect immediately.
We at the Division recognize the many challenges our licensees face during this difficult time and thank you for the work you do to serve the public.
Paul R. Rodríguez
Division of Consumer Affairs
New Jersey Department of Law and Public Safety