Current through Register Vol. 63, No. 9, September 1, 2024
(1)
Qualifying programs. In
order to qualify for CPE credit under these rules, a CPE program must be a
formal program of learning that contributes directly to the professional
competence of the licensee. It is the obligation of each licensee to select a
course of study that contributes to the licensee's professional competence in
public accountancy. The licensee may take programs in a variety of topics that
are relevant to their practice.
(2)
Program requirements. CPE programs must meet the following
requirements to qualify for CPE credit:
(a)
An outline of the program is prepared in advance and preserved;
(b) A record of attendance is maintained by
the sponsor for a period of five (5) years and evidence of completion is
provided to participating licensees; and
(c) The program is conducted by a qualified
instructor whose background, training, education or experience qualifies the
person to teach or lead a discussion on the subject matter of the particular
program.
(3)
Eligible programs. The following programs will qualify for CPE
credit provided they also meet the requirements of section (2) of this rule:
(a) Programs presented by national, state or
local accounting organizations;
(b)
Programs offered by a firm to licensees;
(c) Programs sponsored by organizations that
provide professional educational programs on a regular basis;
(d) Accredited university or college courses
in technical subjects as stated in OAR
801-040-0040(2)
are eligible for CPE credit at the rate of 15 CPE hours for each semester hour
credit and 10 CPE hours for each quarter hour credit. University or college
courses that do not earn college credit are eligible for one CPE hour for each
classroom hour of learning;
(e)
Distance learning programs offered by a regionally accredited university or
college are eligible for CPE credit as described in subsection (3)(d), without
meeting the requirement of NASBA National CPE Registry approval described in
section (4) of this rule.
(f) Other
programs may qualify for CPE credit if the program meets the requirements of
section 2 of this rule.
(4)
Individual study programs
(self-study). Correspondence courses or other individual study programs
do not qualify for CPE credit unless the CPE sponsor is approved by the NASBA
National CPE Registry. The sponsor registry number must be
identified.
(5)
Blended
Learning is an educational program incorporating different learning or
instructional delivery methods, an educational program incorporating multiple
learning formats such as lectures, discussion, guided practice, reading, games,
cases studies, and simulation.
(6)
Nano-learning Program. Nano-learning program means a tutorial
program designed to permit a participant to learn a given subject in a minimum
10 minute and less than 20 minute time frame through the use of electronic
media and without interaction with a real-time instructor.
(a) A nano-learning program differs from a
self-study program in that it is typically focused on a single learning
objective and is not paper-based.
(b) A nano-learning program is not a group
program.
(c) Nano-learning is not a
substitute for comprehensive programs addressing complex issues.
(d) As evidence of satisfactory completion of
the course, CPE program sponsors of nano-learning programs must require
participants to successfully complete a qualified assessment with a passing
grade of 100 percent before issuing CPE credit.
(e) Assessments may contain questions of
varying format.
(f) Nano-learning
credits must include a minimum of two questions.
(g) True and False questions are not
permissible on the qualified assessment. If the participant fails the qualified
assessment, then the participant must re-take the nano-learning
program.
(h) The number of re-takes
permitted a participant is at the sponsor's discretion.
(7)
Programs not eligible for CPE
credit. The following programs do not qualify for CPE credit:
(a) Courses taken to fulfill the requirements
for licensure as a certified public accountant or public accountant;
(b) Ethics courses that were taken to fulfill
the Ethics exam requirement for licensure; and
(c) CPA Exam Review.
Statutory/Other Authority: ORS
670.310,
673.040,
673.050 &
673.410
Statutes/Other Implemented: ORS
673.165
