License Renewal July 31st

Reporting Period: August 1st – July 31th every odd year

CPE Documentation: You may renew your license at the Vermont Board of Public Accountancy and more.

Credit Limitations:

  • Instruction: Instructor Credits limited to 50% of total hours.
  • Published Materials: Authorship credits limited to 25% of total hours.

Credit Calculations: Measured on a 50 minute hour. Fractional hours are rounded down to nearest whole credit.

  • Instruction: Credit is equivalent to presentation plus preparation. Preparation is limited to two times presentation. Repeat instruction within renewal period is only accepted if substantial change is proven.
  • Partial Credit: Half credits accepted after the first hour.
  • University/College:
    • One semester hour equates to 15 CPE hours
    • Non Credit Courses – Each Classroom Hour equates to one qualifying hour.

Hour Requirements: 80 hours

  • No requirement for new licensees if licensed for less than one year.
  • If new licensee was licensed with longer than one year remaining in the period then they need to earn at least 40 credits during period.
  • Ethics Requirement: 4 hours
  • Accounting & Auditing: 8 hours

Carryover Policy: 10 hours maximum may be carried forward in to the next reporting period, but cannot count towards auditing/accounting or ethics requirements.