License Renewal September 30th every year

Reporting Period: October 1st – September 30th Every year

CPE Documentation: Visit The State of Maine Board of Accountancy to apply for a license and more.

Credit Limitations:

  • Instruction: Instructor Credits limited to 50% of total hours.
  • Published Materials: Authorship credits limited to 50% of total hours.
  • Non-Technical Subjects: Limited to 50% of total hours. Courses include:
    • Business Law
    • Communication
    • Computer Science/Software Applications
    • Economics
    • Human Resources
    • Mathematics
    • Securities and Administrative Law
    • Statistics
    • Probability
    • Quantitative Applications in Business

Credit Calculations:

  • Instruction: Credit is equivalent to 3x Presentation. No preparation credits accepted. Repeat instruction of the same course is only accepted if the material is substantially different.
  • Partial Credit: One-half hour increments are allowable for a program at least one hour in length
  • University/College:
    • One semester hour equates to 15 CPE hours
    • One quarter hour equates to 10 CPE hours
    • Non Credit Courses – Each Classroom Hour equates to one qualifying hour.

Hour Requirements: 40 hours

  • Ethics Requirement: 4 hours every three years

Carryover Policy: A maximum of 20 credit hours can carry through from one reporting period to the next IF a licensee obtains more than 40 hours of CPE in any measurement period; however, they cannot be used to meet the ethics requirement.