On the issue of the validity period of the CPA certificate. According to the regulations, the validity period of the CPA certificate is long-term. In the case of not violating financial discipline and legal provisions, the holder can use the certificate permanently, and the association or the local Ministry of Finance will not deprive it of its rights, of course, the holder also needs to carry out annual inspection and annual examination in accordance with the regulations in the later stage.
The annual examination is mainly carried out in the form of continuing education, and candidates need to complete the prescribed number of continuing education hours and goals.
The annual examination is mainly to conduct an in-depth examination of the personal behavior of the holder to understand whether there is any abuse of power or dereliction of duty. If a violation is found, the licensee's right to use will be revoked.
Under what circumstances will a CPA certificate be invalidated?
1.If the certificate is not collected within 5 years after the completion of the examination, the certificate will be invalid.
The certificate that is not collected on time will be kept by the certificate issuing agency, and the certificate that has not been collected for five years after the end of the examination will be destroyed by the designated printing enterprise.
2.The accounting certificate can only remain valid if continuing education is carried out.
According to the CPA continuing education system, candidates are required to undergo continuing education and annual examination after obtaining the certificate. A minimum of 80 hours of continuing education must be completed during the period, and at least 30 hours per year must be completed.
3.For those who have violated the law, such as providing false financial accounting reports, making false accounts, and embezzlement and other illegal acts related to accounting duties, once they are investigated for criminal responsibility, they will no longer be able to engage in accounting work, and they will not be able to re-obtain accounting qualification certificates.