Due to the evolving COVID-19 situation in Montana, all Montana Department of Labor & Industry offices are closed to the public to protect the health and safety of our clients and staff. Our services are available through remote delivery. We are available to assist customers through our online public portal at EBIZ.MT.GOV/POL (Professional and Occupational Licenses) and EBIZ.MT.GOV (for Permits). For other services, please contact us via email at DLIBSDWEBHELP@MT.GOV or by phone (406) 841-2300.
Welcome to the Montana Board of Public Accountants
Due to the COVID-19 health emergency, all board meetings will be held by conference call. No outside participants or stakeholders will be allowed access in the building. Please attend by phone.
Effective immediately, Prometric has closed test centers in the US and Canada for 30 days. They anticipate re-opening test centers on May 1, 2020. Please note the specific date will depend on circumstances that are changing daily.
The mission of the Montana Board of Public Accountants is to protect the public by regulating Certified Public Accountants and their firms to ensure their compliance with professional standards and the laws of Montana.
COVID-19 and Examinations
NTS Extensions - All candidates with NTS expirations between April 1 – December 30, 2020 will be extended until December 31, 2020.
Conditional Exam Credit expiring between April 1 - December 30, 2020 will be extended until December 31, 2020. If you require an extension beyond December 31, 2020, you will need to make a request and the Board will consider those requrests on a case by case basis.
CPE Audit Service
The Montana Board of Public Accountants, in cooperation with the National Association of State Boards of Accountancy (NASBA) is offering the CPE Audit Service platform for all Montana CPAs. The CPE Audit Service is available for your use to track and store all of your CPE records in one location, review your ongoing compliance with the CPE requirements of the Board as you complete CPE, and submit CPE records and documentation in response to a CPE Audit by the Board.
Once you have accessed the account for the first time, please visit the “Help” menu for video tutorials that focus on commonly used functionality within the site.
Summary of CPE Requirements
The Board has prepared a summary of the requirements. The two hour ethics requirement remains. The two hours of ethics can be considered part of the 60 hours of technical subjects.
CPE Reporting Requirements
All active permit holders are required to maintain 120 hours of CPE, including 50% technical subjects including two hours of ethics, to maintain an active license. The basic requirement must be completed between January 1, 2018 and December 31, 2020. If you are selected for random audit you must report your CPE and attach acceptable documentation using the CPE tracking system.
Basic CPE requirements are 120 hours of CPE and must include a minimum of 50% (60 hours) of technical subjects as defined by board rule. The mandatory 2 hours of ethics are included in the technical subjects.
New licensees must meet the basic CPE requirement by December 31 of the third year following their initial year of licensing. As an example, if an individual receives their initial Montana CPA license in 2020, they must meet the basic CPE requirement between January 1, 2021 and December 31, 2023.
CPE Audit Service
All firms must enroll in a board-approved peer review program if they perform any of the following services:
- Any examination, review, or agreed upon procedures engagement to be performed in accordance with SSAE
The initial peer review is due 18 months from the date of enrollment, or the date the firm should have been enrolled (date began providing services).
A board-approved peer review program is a program the where the administering entity administers the AICPA peer review program. Currently the Nevada Society of CPAs administers the peer review program for Montana firms.
Practice Continuation Agreements
As a sole practitioner do you have a plan in place to ensure that your clients’ services and your employees’ salaries will continue if you becoming incapacitated or die? What about safeguarding your client records?
NASBA and AICPA have recently completed the document Practice Continuation Agreements: A Practice Survival Kit to help practitioners develop a succession plan. A practice continuation agreement is a contract that ensures your practice is transferred to another CPA firm or individual in the event of your disability to death.
While there is no requirement for such an agreement, the Board of Public Accountants recommends you consider addressing the issues surrounding the continuation of your practice or who will handle its closure.