The public comment period for the exposure draft on the proposed revisions to the Statement on Standards for Continuing Professional Education (CPE) Programs (Standards), as well as the NASBA Fields of Study document closed on March 31, 2023. 

Published jointly by NASBA and the AICPA, the Standards provide a foundation for the development, presentation, measurement and reporting of CPE programs. The Standards reference the NASBA Fields of Study document, and therefore, the Fields of Study document was reviewed and evaluated for currency and relevancy. A total of 20 comment letters were received from a variety of sources. All submitted comment letters were reviewed and considered by the CPE Standards Working Group in May 2023 for additional revisions to the Standards and the NASBA Fields of Study document. 

The CPE Standards Working Group has made their final recommendation of revisions to the Standards and the NASBA Fields of Study document. The final recommendation will continue through the various required levels of review. The target timeframe is to seek approval from the NASBA and AICPA Boards of Directors for final issuance at their respective October and November 2023 meetings. It is anticipated that the Standards will be effective January 1, 2024.