§ 11.62. Credit-hour requirements.

 (a)  To renew a license, an applicant shall complete, during the preceding biennial period, 80 credit hours of continuing education.

   (1)  The 80 credit hours shall include at least 16 credit hours of accounting and auditing subjects and 8 credit hours of tax subjects.

   (2)  A minimum of 20 credit hours shall be taken each year.

   (3)  The minimum measurement of continuing education credit is a whole credit hour.

   (4)  Preparation time will not be credited except as permitted in §  11.64(7)(i) (relating to sources of continuing education credit).

 (b)  The Board may upon application modify the continuing education requirements on an individual basis under circumstances specified in section 8.2(c) and (d) of the act (63 P. S. §  9.8b(c) and (d)).

 (c)  Failure to meet biennial continuing education requirements may subject the holder of a current license to disciplinary action under section 9.1 of the act (63 P. S. §  9.9a(10)).

 (d)  An applicant, upon successful completion of the uniform C.P.A. Examination, shall be exempt from the requirements of subsection (a) for only the biennial period during which the applicant successfully completed the examination.

   The provisions of this §  11.62 issued under sections 3(10) and (12) and 8.2(b) and (d) of the C.P.A. Law (63 P. S. § §  9.3(10) and (12) and 9.8b(b) and (d)).

   The provisions of this §  11.62 adopted September 21, 1979, effective September 22, 1979, 9 Pa.B. 3238; amended February 22, 1985, effective February 23, 1985, 15 Pa.B. 671; amended December 30, 1994, effective December 31, 1994, 24 Pa.B. 6559. Immediately preceding text appears at serial page (154087).

   This section cited in 49 Pa. Code §  11.61 (relating to scope).