Rule changes proposed …

Various rule changes are being proposed by the State Board of Accounting, including:

• Increasing CPE for non-public CPAs to 120 hours in a three year reporting period, starting with the 3-year period that ends June 2022
• ethics content to be expected within CPE
• retired status will allow for some work, specify age 60, and require using “retired”
• raising fee ceilings, but no actual fee increases are included

 Details about the rules, hearings, sharing comments, etc. are available at www.nd.gov/ndsba, or 800-532-5904.

The Society polled non-public CPAs about the expanded CPE plan, and found considerable concern. This concern and the Society’s opposition was shared with the State Board.  Further, in our attempt to lessen the burden, the Society offered possible transition options in the event the Board went ahead with the change. 

Members can share their comments directly with the State Board of Accounting, through the rule hearings or by letter or email. Two hearings will occur Oct. 2nd  – 8 am in Grand Forks at 2701 S. Columbia, Ste. B, and 4 pm in Bismarck at the Public Library.  Members are encouraged to share any concerns with the Society Board, so they get a sense of the levels of concern; email to mail@ndcpas.org, or text/call: 701-740-5967.