Introduction
As a certified public accountant or financial professional in Missouri, staying compliant with the state’s Continuing Professional Education (CPE) requirements is essential to maintaining your license. With the annual reporting deadline on March 1st for the prior calendar year’s credits and the biennial license renewal deadline on September 30th, it’s crucial to ensure your CPE is up to date.
This guide will walk you through Missouri’s CPE requirements, highlight common challenges professionals face, and provide actionable steps to make compliance easy.
Overview of Missouri Accounting CPE Requirements
To maintain an active CPA license in Missouri, professionals must adhere to the following CPE requirements:
Total CPE Credit Hours Required
- 40 continuing education hours annually (effective January 1, 2020).
Ethics CPE Requirement
- 2 continuing education hours annually.
CPE Credit Limitation
- Authored Published Material: A maximum of 2 hours per reporting period.
- College/University Courses: Must be related to the accounting profession.
CPE Reporting Period
- January 1 through December 31 annually.
CPA License Renewal Deadline
- September 30 biennially.
Special Policies
- Non-resident licensees can meet Missouri’s CPE requirements by fulfilling those of their principal office state. If the principal office state does not have CPE requirements, Missouri’s standards apply.
- Missouri accepts CPE credits for programs offered by National Registry sponsors.
- Grace Period: CPE credits for the prior year can be earned up to March 1st of the current year.
Common Challenges
Missouri’s clear and straightforward CPE requirements still pose challenges for some professionals. Below are common issues and how to overcome them:
- Misunderstanding Credit Categories: Some CPAs struggle to identify courses that satisfy the ethics or authored material limitations. Be sure to verify course categories before enrolling. For live CPE credits, join us in Las Vegas.
- Time Management: Procrastinating on earning credits can lead to last-minute stress. Start planning early to avoid rushing as deadlines approach.
- Non-Resident Licensees: If you hold a license in multiple states, navigating differing CPE requirements can be confusing. Missouri simplifies this with its non-resident exemption, but double-check the rules to ensure compliance.
Recommended Courses
These courses have been particularly popular with professionals in Missouri and are tailored to meet your needs:
America’s #1 Federal Tax Update is a comprehensive collection focused on individual and business taxation that covers all of the latest developments the IRS, legislative, and judicial folks can and will throw your way. It’s bigger, better, and more trusted than the knock-offs out there, so accept no substitutes.
Take control of your continuing education with Western’s Credit Packages: flexible CPE that fits your exact requirements. Get access to our entire digital course library, including webcasts, self-study, and self-study video courses. It’s like an unlimited CPE subscription, but better—you only pay for what you need.
Essential walkthrough to Missouri CPA Ethics and Regulatory Standards. Examine state-specific requirements and professional conduct rules through practical application of Board regulations.
Exploration of Rental Property Tax Strategies and Reporting. Learn compliance methods for traditional and short-term rentals, from depreciation techniques to platform-specific considerations.
Updated guide to Beneficial Ownership Information Reporting Requirements. Learn compliance procedures for the new CTA while mastering BOI reporting processes for business entities.
Guidebook to Period-End Closing and Financial Reporting. Master streamlined processes and controls for accurate, timely closings while optimizing your reporting workflow.
Conclusion
Meeting the Missouri State Board of Accountancy CPE requirements is vital to maintaining your professional license and ensuring you stay at the forefront of the industry. By fulfilling your annual 40-hour requirement—including the mandatory ethics credits—you can remain compliant while enhancing your expertise.
Join thousands of professionals who trust us to help them meet their CPE requirements. Browse our catalog today and discover courses designed to fit your goals and deadlines.
FAQ
Q: What is the total number of CPE hours I need to complete annually in Missouri?
A: You must complete 40 hours of CPE credits annually.
Q: Are there specific subjects or categories I need to focus on?
A: Yes, you need to complete 2 hours of ethics CPE annually. There are no additional subject area requirements beyond this.
Q: Can I earn credits for authored material or university courses?
A: Yes, but there are limitations:
- Authored material is capped at 2 hours annually.
- University courses must relate to the accounting profession.
Q: What happens if I miss the December 31 deadline?
A: Missouri provides a grace period until March 1st of the following year to earn credits for the prior calendar year.
Q: Are non-resident licensees subject to Missouri’s CPE requirements?
A: Non-resident CPAs can satisfy Missouri’s requirements by meeting the CPE standards of their principal office state. If that state has no requirements, Missouri’s rules apply.