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Board of Accountancy COVID-19 Updates

Wednesday, June 10, 2020

 

 

The Department of Consumer and Regulatory Affairs (DCRA) remains operational, but our office located at 1100 4th Street SW will be unavailable to the public for in-person services from Wednesday, March 25 until Monday, June 8, 2020. In the meantime, we are encouraging residents and businesses to utilize our online services. Should you have any questions about how to use any of our services online, please utilize the live chat feature on our website during normal business hours, call (202) 442-4400, or email us at dcra@dc.gov.

On Tuesday, March 17, Mayor Bowser signed legislation to help the District respond to the current public health emergency. There are a couple of items from the legislation relevant to the services DCRA provides that we would like to update you on:

  • Business Licensing/Registration: Any business licenses, professional/occupational licenses, vending licenses, etc. that expire during the declared emergency will be considered valid, and people will have until 45 days after the declared emergency is over to renew their licenses (90 days for special police officers).
  • **Please note that all of the following can be done online at any time: apply for/renew a business license, register a corporation, form an LLC.

CPA exam
At this time, there have been changes announced regarding the CPA exam. Exam Credit

Pass/Fail courses
The District of Columbia Board of Accountancy will accept any course taken as pass/fail as long as the student receives earned semester hours for the successful completion of the course. The completed course must be on an official transcript from an appropriately accredited university, college or community college.

Extensions
All NTS with expirations between April 1 –  June 30, 2020, have been extended until September 30, 2020.  At this time, no action is required by candidates and there is no need to contact NASBA or your Board of Accountancy.  If your exam credit expires outside of this window, you will need to follow normal policies to request an extension.

NASBA has identified all candidates who have an open NTS and credit expiring through June 30, 2020, and the DC Board of Accountancy has agreed with a recommendation to grant an extension of credit if the candidate is impacted by circumstances beyond their control.

Testing centers
Prometric resumed testing for the CPA exam in the U.S. on May 1, 2020. Prometric’s goal is to continue to open testing centers when and where it is safe to do so in accordance with all local, state and federal regulations. Prometric will be reaching out to the candidates directly as it relates to any scheduled appointments. View the open testing centers at www.prometric.com/site-openings.

Review the latest frequently asked questions on the NASBA website at https://nasba.org/uniform-cpa-examination-testing-faqs/.

There will be revised guidelines in place at the testing centers to protect the health and well-being of CPA candidates and staff that comply with local and federal mandates.

More information regarding testing during the COVID-19 outbreak can be found on the NASBA website.

All NTS with expirations April 1 – June 30, 2020, will be extended. Prometric will waive all rescheduling fees and cancel scheduled appointments and clear the NTS for candidates to reschedule at their convenience. Learn more on the NASBA website at https://nasba.org/blog/2020/03/17/covid-19-update/.

Emergency testing period
NASBA, AICPA and Prometric have made the decision to invoke an emergency testing period to provide additional testing opportunities. As part of this procedure, the 20Q2 testing window will be extended from June 10, 2020, to June 30, 2020.

Continuous testing
Starting July 1, 2020, NASBA will begin continuous testing for CPA exam candidates. Under the new continuous testing model, candidates will have the ability to take the exam year-round, without restriction, other than waiting to receive scores from prior attempts of the same section or when there is a major change to the exam. Continuous testing will replace the existing CPA exam testing window model, which only permits candidates to test during designated time frames each calendar quarter. Learn more about continuous testing on the NASBA website at https://nasba.org/exams/continuous-testing/

Licensees

Continuing Education Requirements for the December 31, 2020 CPA renewal
As of May 15, 2020, the Board has not made any changes to the annual CPE requirement as a result of COVID-19. The Board will continue monitoring the COVID-19 situation and decide if changes to the CPE requirement are necessary. Notices for the 2020 renewal will be sent via email in October. CPA license and firm permit renewals will be available through our online payment system on October 2020.

The 2018 Continuing Professional Education Audit
The DCBOA held a special meeting on April 9 to extend the deadline to submit the required documentation for. The following decision were made: The Board voted to extend the audit compliance requirement to a date to be determined, subsequent of the lifting of the Mayor’s Public Health Emergency Order