New Jersey Ethics Course Requirements
Many candidates who pass the CPA Exam face one more important test before they earn a license to practice as Certified Public Accountants—an Ethics Exam. New Jersey like many other states varies their ethics requirements for a CPA license just as they vary their requirements for the CPA Exam. About 35 state boards require the CPA candidates to go through a course and pass the Ethics Exam conducted either by the AICPA or the state board. Some jurisdictions administer their own Ethics Exam through their State Society of CPAs. Other jurisdictions don’t require either an ethics course or an ethics examination for a license.
The Ethics Exam requirement takes a lot of candidates by surprise because it does not get a lot of attention while they are working to pass the CPA Exam. Compared to the CPA Exam they’ve just passed, this last hurdle is a very small one. Take time to read the study material. Be careful answering questions when you take the test. These can be tricky, and only a few wrong answers are enough to cost you the score you need to pass.
Below we will be discussing the requirements for the state of New Jersey.
New Jersey State Board of Accountancy requires the candidates to take a four-hour New Jersey Law & Ethics course provided by an approved sponsor, there’s no Ethics exam. The NJCPA is an approved sponsor for taking the course.
The program is designed to familiarize participants with the laws and regulations promulgated by the New Jersey State Board of Accountancy. This course has been fully updated and fulfills the mandatory ethics requirement for the 2021-23 triennial reporting period.
Candidates can contact New Jersey Society of Certified Public Accountants(NJCPA) by calling 973-226-4494 or by sending an email to njcpa@njcpa.org
Preparing for the Ethics Course
To satisfy the New Jersey CPA ethics requirements, candidates must finish a unique course on New Jersey Law and Ethics provided by a sponsor approved by the State Board. This course can now be taken six months before obtaining a CPA license or six months after.
The course encompasses both the practical aspects of maintaining a license and the core ethical expectations of the profession as expressed in the Board’s Rules of Professional Conduct.
The course is available in 2 different formats:
1. Webinar/Online format
The course encompasses both the practical aspects of maintaining a license and the core ethical expectations of the profession as expressed in the Board’s Rules of Professional Conduct. This webinar also provides insight into the rationale and philosophy behind the rules.
Click here for more information and register for the webinar course.
2. On-site training
Course contains information to help guide accounting professionals in their choices and decision-making skills. This course will prepare participants to evaluate situations that call for judgement about laws, regulations and ethics issues. Participants will earn four CPE credits in Professional Ethics (PE) to fulfill the mandatory requirement for the New Jersey triennial reporting period.
Click here for more information and register for the on-site training. You can also call Jim Hardenberg at 862-702-5615 or send an email to jhardenberg@ njcpa.org for more information.
Ethics Course Fees
Candidates will need to pay the fees mentioned below at the New Jersey Society of CPAs(NJCPA) website:
- Webinar/Online format
- $149 for NJCPA Members
- $249 for NJCPA Nonmembers
- On-site training
- $50 for NJCPA Members
- $150 for NJCPA Nonmembers
- $700 Instructor Fee (plus travel expenses)
Ready For The Ethics Exam?
Now that general overview of the Ethics Exam. Feel free to click the button below and grab yourself a copy of our free Ethics Exam Guide.
‘The 28 Things You Need To Know About The Ethics Exam’