Virginia CPA CPE requirements

 

After you earn your CPA license, you are expected to take continuing professional education and renew your license periodically. Learn the Virginia CPA CPE requirements and how to renew your license so you can remain in good standing. 

How to renew your Virginia CPA license

CPAs must renew their license annually on or before June 30. To do this, follow these steps: 

  1. Create an account or log in to the Virginia Board of Accountancy portal
  2. Fill out the renewal form and affirm that you are meeting the CPE requirements. Note: You do not need to submit CPE documentation at this time. 
  3. Pay the $60 renewal fee
  4. Finalize the transaction and print the proof of renewal for your records

Virginia CPE requirements

All active CPAs must complete 120 hours of continuing professional education over a rolling three-year period which includes the three calendar-years prior to the current calendar year. The deadline for meeting your Virginia CPE requirements for the previous year is January 31 of the current year. 

Within the 120 hours during a three-year period, you need to meet the following requirements: 

  • Earn a minimum of 20 hours each year. For example, you can earn 60 hours, 20 hours, 40 hours over the three years, but you can't earn 80 hours, 0 hours, 40 hours. 
  • Two hours of approved ethics CPE each year 
  • Eight hours related to attest, compilation, or financial statement preparation over the three years if you release or authorize the release of reports

Becker's VBOA-Approved Ethics Course: Integrity, a Foundation for Success, is approved for meeting your Virginia CPE requirements for ethics. 

For individuals who are newly licensed, you don't need to earn any CPE during the calendar year in which you receive your license. 

  • First full calendar year after earning your license: 40 hours of CPE, including two hours of ethics
  • Second full calendar year after earning your license: 80 hours total when added to the first year, including two hours of ethics
  • Third full calendar year after earning your license: 120 hours total when added to the first two years, including two years of ethics 

Meeting your Virginia CPA CPE requirements with Becker

Becker offers relevant courses in a flexible format to help you meet your CPE requirements more easily. 

  • NASBA-approved provider 
  • Over 1,000 live webcasts each year, 750 on-demand courses, plus weekly CPE podcasts 
  • CPE courses across 19 fields of study, including tax, accounting, audit, and ethics 
  • Experienced instructors who bring years of practical knowledge and real-world insights 
  • Monthly, quarterly, and annual update courses in tax, audit, and accounting to keep you aware and updated on the latest changes in laws, regulations, and court rulings.
Technical CPE

Technical CPE refers to courses that directly support and build profession-specific knowledge. This can include topics like accounting, audit, tax, IT, and finance. 

Choice of Business Entity
$49.00
This course will be an overview of:  The types of business entities and their legal and tax characteristics The taxation of sole proprietorships, partnerships, C corporations, and S corporations The tax forms associated with business entities and their owners WE RECOMMEND USING GOOGLE CHROME
Financial Statement Fraud
$49.00
This course will be an overview of: Ways in which both large and small companies are vulnerable to fraud. According to the ACFE’s most recent Report to the Nations, the average organization loses an estimated 5 percent of its annual revenue to fraud. This course on financial statement fraud will identify what to look for and provide insights that can help any company prevent the most damaging type of fraud. WE RECOMMEND USING GOOGLE CHROME.
Preparing the Statement of Cash Flows
$69.00
This course will be an overview of: Basic format and presentation of the statement of cash flows Definition of cash and cash equivalents Disclosure of noncash activities Proper classification of cash flow activities Common complex cash flow issues, such as stock compensation, derivatives, business combinations, leases, and other matters
Non-technical CPE

Non-technical CPE refers to the adjacent skills that support your work in the profession. These may include professional development, computer application, marketing, or management. 

10 Habits of Highly Successful Careers
$49.00

This course will be an overview of:

  • Habits you can work on to advance in your career.
  • Tasks you should be working on.
  • Questions you should ask yourself in taking ownership for your career.
  • When to ask others for help to ensure you are getting the guidance and advice you need.
Finding a better work-life balance
This course will be an overview of: Work-life balance Causes and dangers of work-life imbalance Positive aspects of work-life balance Strategies for achieving balance between work and life Alternative approaches to the concept of work-life balance WE RECOMMEND USING GOOGLE CHROME

Currently not available, want to know when this will be offered next? Contact Us

Time management for professionals
$49.00
This course will be an overview of: Causes of time wasters at work Common and effective time management systems Productivity-enhancing techniques Holding productive meetings virtually and in person Creating a work culture of productivity WE RECOMMEND USING GOOGLE CHROME.

Tips to meet your Virginia CPE requirements

Meeting your CPE requirements can seem challenging, but with these tips, you can help take some of the stress out of your continuing education.

Find CPE that works with your lifestyle

Finding time for CPE is probably the biggest hurdle to meeting your requirements. Earning credits through self-study is often the best option as you can learn at the best time for you. Consider watching an on-demand course on your lunch break or listening to a CPE podcast while walking the dog. Also, Becker's webcast calendar offers live courses at several times throughout the day, plus evenings and weekends.

Keep up with your progress

It’s difficult to remember how many hours you’ve completed, when it’s due, and if you’ve met the more specific CPE requirements that Virginia has. Using Becker’s CPE Compliance Tracker keeps all your CPE in one place (including from other sources) so you can easily see your progress, what you have left, and get recommendations for classes that align with your interests.

Block out time each month

Instead of scrambling to earn 40 hours of CPE in two or three months, especially right after busy season, block out a bit of time each month. Try to earn four hours of CPE each month, and this will give you a cushion if you miss a month near your renewal date.

Consider what you want to learn

Instead of thinking about education as a necessary hassle, reposition how you think of it. CPE helps you learn new skills that can help you succeed in your career. Perhaps you want to focus more on international tax — take CPE courses that help you build that foundational knowledge. If you're considering working in a particular industry, CPE courses in real estate accounting, pharmaceutical accounting, and other areas can help you transition your career. Consider what you want your career to look like and take courses to support it!

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