New York licensed-CPAs who are not currently registered, but required to register pursuant to New York’s accountancy law and regulations, have until July 31, 2010 to register with the State Education Department (SED) without having to document completion of 24 hours of CPE in the 12 months prior to their return to practice. Accordingly, after July 31, 2010, any unregistered CPA submitting an application to reactivate his or her registration will be required as a condition of registration to document 24 hours of CPE prior to his or her return to practice
For example, an unregistered CPA who submits an application to reactivate his or her registration between Feb. 1, 2009 and July 31, 2010 can return to practicing accountancy without having completed 24 hours of CPE in the prior 12-month period. However, an unregistered CPA who registers Aug. 1, 2010 or later will be required to provide proof that he or she had completed 24 hours of CPE in the 12 months prior to his or her return to practice.
The new accountancy reform law, enacted on July 26, 2009, requires all New York-licensed CPAs -- including those practicing public accountancy in public practice, industry, government and academia -- within New York state to be registered and earn CPE each calendar including the calendar year in which he or re-registers.