The two-hour Virginia-Specific Ethics Course is a separate and distinct annual requirement from the one-time American Institute of Certified Public Accountants ethics course needed for initial licensure.
The VBOA has contracted with the Virginia Society of CPAs as the only provider of the Virginia-Specific Ethics Course content/material.
The course must be instructor-led but may be presented in a variety of different formats including, but not limited to, live seminars, conference sessions, online self-study presented by an instructor, live webcast and webcast replays, on-demand webcast and in-house training.
It is the responsibility of the licensee to ensure that the Virginia-Specific Ethics Course taken is in compliance. The Virginia-Specific Ethics Course must be completed no later than January 31 to meet the requirement for the previous calendar-year. Licensees will not be granted CPE credit for completing a Virginia-Specific Ethics Course from a non-approved sponsor/provider.
All sponsors of the Virginia-Specific Ethics Course must be pre-approved annually by VBOA staff before offering the course to CPAs.
Sponsors must also:
- Obtain the course contents/materials from the VSCPA
- Be listed on the VBOA’s website as an approved sponsor of this course
- Submit all participant comments to the VBOA within 60 days of receipt
Sponsors will be required to demonstrate their compliance with the VBOA’s policy on content/material and instructor requirements prior to approval. Sponsors not pre-approved annually by VBOA staff will not be recognized as an acceptable Virginia-Specific Ethics Course provider.
Beginning in 2020, all instructors of the Virginia-Specific Ethics Course must be pre-approved by VBOA staff before teaching the course.
Instructors must also:
- Review all instruction materials, including the instructor manual, before instructing the 2020 course
- Be listed on the VBOA’s website as an approved instructor of the course