The Nevada State Board of Accountancy amended the requirement for continuing education. The amendment was made during regulation changes under R008-22 with an effective date of January 1, 2024.

The following is a summary of the changes that have been made to the CPE requirements:

• All licensed CPAs must complete 40 hours of continuing education each calendar year. Included in the 40 hours you must complete 2 hours in ethics.
• The rolling 80 hours over a two-year period will be removed. The CPE required will be based on an annual year requirement.

Note: All CPE must be completed by the end of the calendar year on December 31st. There is no carryover or carry forward hours. Hours will stay in the year in which they are completed.

CONTINUING EDUCATION ALLOWABLE:
It is the licensees responsibility for documenting the acceptability of the program and validity of the credits. Please refer to NAC 628-210 - 628.250 for information regarding acceptable course subject areas.

Educational Programs Attended:
Credit Courses - Each semester hour credit equals 15 hours toward the requirement. Each quarter hour credit equals 10 hours toward the requirement. Non-Credit Courses - Each classroom hour equals one hour toward the requirement.

Formal Correspondence Or Individual Study Programs:
Credit may be claimed for formal correspondence and self-study programs meeting all the requirements of the continuing education regulations. Credit may be claimed only for courses completed within the calendar year. The column "Dates Attended" on the back of the form should reflect the date on the completion certificate provided by the sponsor of the program.

Speaker, Discussion Leader Or Instructor:
Actual preparation time is allowable up to double the presentation time. For example, a total of three hours is allowable for a presentation qualifying for one hour of in-class credit.