Brief⁽¹⁾

H.B. 2765 would clarify that required continuing education hours for certified public accountants (CPAs) will be at least 80 hours during a two-year period. In addition, the Board of Accountancy is empowered to adopt rules and regulations on peer review and continuing education matters.

Out-of-state CPA permit holders may be exempt from continuing education requirements if the CPA has:

• a principal place of business located outside Kansas,



• the CPA satisfactorily verifies the continuing education requirements have been met in the state of the principal place of business,



• the requirements of the other state are substantially the same as Kansas, and



• the other state extends the same exemptions to a Kansas CPA who practices in the other state.

Background

An official with the Board of Accountancy expressed support for the measure.

The fiscal note indicates no fiscal impact.

1. *Supplemental notes are prepared by the Legislative Research Department and do not express legislative intent. The supplemental note and fiscal note for this bill may be accessed on the Internet at http://www.ink.org/public/legislative/fulltext-bill.html.