Three Core Benefits from CPE Accounting - CPAs in virtually all states are required to complete approximately 40 hours of Continuing Professional Education (CPE) annually in order to keep their license.
CPAs in virtually all states are required to complete approximately 40 hours of Continuing Professional Education (CPE) annually in order to keep their license. While the exact number of hours may vary, the logic around this requirement is true for every accounting professional: to remain updated on legislative and tax codes developments and to continually hone professional skills.
The value of CPE accounting is not on its necessity to maintain your license validity. The true value is in the career benefits and advantages gained with the courses and programs, such as those from NASBA-approved continuing education training for CPAs.
Below are three (3) core benefits to be enjoyed from accounting CPE.
1. Expand knowledge and broaden or deepen expertise.
As any CPA knows, the practice of professional accounting does not end with just getting a license and maintaining it. A CPA should keep up with the constantly changing demands in the labor market and their professional industry. Depending on the CPE accounting online training programs and courses they choose, they can get training on various skills pertaining to management and marketing, software applications, ethics, communications, etc.
2. Gain an edge in the competitive labor market.
There are many CPAs who can perform core accounting tasks. One way to distinguish yourself from other accountants is by having a toolset with many skills. The CPA continuing education they get will show employers and clients that they can offer value-added services such as project and portfolio management, business analysis, Six Sigma, procurement management and customer handling, etc.
Business goals are forever in a state of flux, and CPE accounting courses will train and equip them with the essential skills and knowledge they will need to continually meet and support these goals. For example, the demand for accountants with international business insights, and equipped with an understanding international accounting nuances. CPE courses can train them on such specialized industry-specific knowledge.
3. Have better career mobility and greater earning potential.
CPA continuing education is also highly rewarding to ambitious accountants who want to move on to higher level positions within private companies and public accounting firms. There are CPE accounting courses focussed on planning for human resources, as well as understanding employee and team managmeent principals. The more specializations they have, the more value they will have in the labor market -- resulting in greater pay and greater access to unlimited opportunities.
All in all, having focussed CPE for CPA training will develop professional potential by developing valuable skills not just for execution of job responsibilities, but to achieve business goals and surpass client and employer expectations.
Disclaimer: Dime-Co.Com is an online information article and video article network. All articles, video articles, comments, and other features herein are for informational purposes only and are provided "as is" without warranties, representations or guarantees of any kind. The views and opinions expressed in an article, comments, links or blogs are the author's own, and not necessarily those of dime-co.com's owners. For full disclaimer, please read our TOS.