Puerto Rico

State CPE Requirements

State Board Website:

Puerto Rico State Board Website

License Renewal Deadline:

12/1 triennially

CPE Reporting Period:

8/1 to 7/31 triennially

Total CPE Hours Required:

120 hours for CPA practitioners; 90 hours for non-practicing CPAs

Ethics Requirements:

Three (3) hours of professional ethics for CPA practitioners and non-practicing CPAs

Credit Limitations:

• Published Materials: Credit for authoring published materials is limited to 60 hours.
• Self-Study: This type of credit is limited to 60% of the total hours required. Interactive courses approved by the NASBA QAS will receive full credit. All non-interactive or non-QAS approved courses will receive half credit.
• Subject Areas: For CPA practitioners, no more than 24 hours may be reported in communication, behavioral sciences, public relations and sales of securities.

Other Subject Area Requirements:

Forty (40) hours in Accounting, Auditing and Tax, in which 28 hours must be Accounting and Auditing and 12 hours must be Tax or 28 hours must be Tax and 12 hours must be Accounting and Auditing (CPA practitioners); 30 hours in industry specific subjects (non-practicing CPAs)

Other State Policies:

Program sponsors must be approved by the Puerto Rico Board, be approved by NASBA’s Sponsor Registry or fall into one of the categories below for automatic approval:
• Puerto Rico CPA Society
• Organization specifically authorized on a request basis by the Puerto Rico Board of Accountancy

Credit may be obtained for the supervision of thesis and seminar-type graduate courses if the work contributes to the CPA’s professional competence.

Grace Period: The CPA which does not meet the minimum credit hours required in a period of renewal may correct deficiencies during the period from August 1 until October 31 of the year in which your CPA license expires. Credit hours accumulated during this period for the purpose of remedying a deficiency will not be counted for the next period of reporting CPE requirements.