All Virginia CPAs who hold an Active or Inactive license must renew their individual license annually by June 30. An individual CPA license expires on June 30 and an individual license may be renewed beginning March 1.
The non-refundable renewal fee is $60. An additional processing fee of $25 will be added if renewing by check.
License renewals require affirmation of meeting CPE requirements. Do not submit CPE documentation with renewal unless specifically instructed by the VBOA as part of a CPE audit. CPE documentation must be retained for a minimum of four calendar-years preceding the current calendar-year.
Unrenewed licenses will automatically go into Expired status the day after the renewal is due, on July 1. Once the license goes into Expired status, it will be the responsibility of the licensee to reinstate the license. There is a non-refundable $350 reinstatement fee.
During the time the license is in Expired status, the individual may not use the CPA title or provide attest or compilation services until reinstatement of their individual CPA license is shown as Active on the VBOA’s Licensee Search.
The VBOA sends email renewal notices, a letter and a phone call, if necessary, to remind individuals of the renewal date of June 30. It is the responsibility of the individual to renew their license, if they so choose, regardless of whether they receive a reminder notice for renewal from the VBOA.
The VBOA Licensee Search can verify whether an individual license has been renewed. The records are generally updated within 24 hours after online processing.
Individual renewals can also be processed using the Individual CPA License Renewal Form. Download and mail the form with a check to the VBOA once completed. The fee for sending a check is an additional $25.
The VBOA does not authorize a retired status for CPAs. Upon retirement, a licensee must choose to continue to renew a license, let the license expire or voluntarily surrender the CPA license.
To voluntarily surrender, please provide the VBOA in writing with the name, license number and desire to voluntarily surrender the license. It can be submitted via email, fax or mail.
Licensees not currently providing services to the public or to or on behalf of an employer must apply and be approved for the Inactive status before discontinuing CPE requirements.
In order to qualify for the Inactive status a licensees’ current job duties cannot require a substantial use of accounting, financial, tax or other skills that are relevant, as determined by the VBOA.
Contact the VBOA if choosing not to renew an individual CPA license. The licensee’s record will be updated to Voluntarily Surrender. Otherwise, the record will reflect Expired status.