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FAQs

General

What is the Colorado Society of CPAs (COCPA) and what does it do?

The COCPA is a not-for-profit, professional, membership association that represents Colorado CPAs at the state and national levels of government, works on the CPA profession's behalf with the Colorado State Board of Accountancy, provides continuing professional education (CPE) to Colorado CPAs, and offers a wide variety of services to COCPA members. The COCPA is governed by an 11-member Board of Directors, and programs and projects are carried out by member volunteers and its full-time professional staff. Its mission is to support its members in providing quality professional services to serve the public interest.

What is the American Institute of CPAs (AICPA)?

The American Institute of Certified Public Accountants is the national, professional organization for all CPAs. Its mission is to provide members with the resources, information, and leadership that enable them to provide valuable services in the highest professional manner to benefit the public as well as employers and clients. In fulfilling its mission, the AICPA works with state CPA organizations and gives priority to those areas where public reliance on CPA skills is most significant. The COCPA is not affiliated with the AICPA but works closely with it on issues of national concern.

Who is the current COCPA Chair and who serves on the Board of Directors?

A complete list of the COCPA Board of Directors and Educational Foundation of the COCPA Board of Trustees is available on the COCPA website under About | Board of Directors.

Does the COCPA have a chapter in my area?

A complete list of chapters, officers, and dates of events is available under the Chapter section at Member Communities | Chapters. If you don’t find what you need, email Leslie O’Donnell or call her at 303-741-8611 or 800-523-9082, ext. 111.

What is the difference between the Colorado Society of CPAs and the Colorado State Board of Accountancy?

The COCPA is the state membership association for CPAs. A CPA doesn’t have to belong to the COCPA, but an individual has to be a CPA or qualify as an Associate or Student Member to be a COCPA member. The Colorado State Board of Accountancy is the state licensing and regulatory body for CPAs. An individual must be actively licensed through the State Board of Accountancy to practice as a CPA in Colorado. An individual may have an active or inactive license. An individual can only use the CPA designation if he or she has an active license. You can find out more about what is required of being a CPA on the State Board of Accountancy website.

Does the COCPA offer a resume or referral service? How does this work?

Resume Service - Members may place their resumes in the COCPA Resume Service for employment opportunities. Go to Member Events & Resources | Career Center to get started. The AICPA also has a job board that lists employment opportunities.
Referral Service: To access the COCPA Referral Service, go to Member Events & Resources | Referral Service This is a fee-based service for members.

What insurance plans does the COCPA offer?

The COCPA partners with insurance companies to provide members with professional liability, employment practices liability, health, disability, and long term care insurance. For more information, go to Member Benefits.

How do I get to the COCPA office?

Follow the map and directions to the

COCPA Office

CPE

For all CPE-related questions, please visit our CPE FAQs section.

CPA Exam

Where do I find information about the exam and how do I apply?

All of the information pertaining to the CPA Exam can be found at the AICPA website.

What is the website address for the testing service?

The Uniform CPA Examination is delivered in a computerized format at over 300 Prometric test centers across the U.S.

What is the 150-Hour Requirement?

This refers to the requirement that new CPA candidates complete 150 semester hours of education.

Does Colorado require 150 hours of education to sit for the CPA exam?

Currently, Colorado is one of the few states that requires only a bachelor’s degree (at least 120 hours) to sit for the CPA exam.

However, as of July 1, 2010, new legislation requires a baccalaureate degree and 150 hours of education for Colorado CPA candidates applying for licensure after June 30, 2015. In addition, the option for education in lieu of experience will be repealed at the same time. For more information, please read Chapter 2 of the State Board's Rules & Regulations.

How do I contact the Colorado State Board of Accountancy?

Visit the Colorado State Board of Accountancy website or call 303-894-7800.

What CPA exam review courses are commonly used in Colorado?

The following CPA exam review courses are used by many Colorado accounting students:

Membership

What are the requirements and costs to become a member of the COCPA?

Why should I become a member?

Click here for why you should become a member or renew your membership. 

Did I pay my COCPA membership dues?

Call the COCPA Membership Services Department, 303-773-2877 or 800-523-9082, and a COCPA staff member will check for you.

What is Peer Review?

Carried out in conjunction with participating administering entities and overseen by the AICPA, the Peer Review Program requires CPAs to undergo a rigorous outside review of their accounting and auditing practices once every three years. This review determines whether a firm has suitable quality control policies and procedures in place and is complying with them. Peer Review focuses on the following: 

  • How the firm implements independence, integrity, and objectivity requirements
  • How personnel are managed
  • How auditing of clients is performed
  • Acceptance and continuation of clients and engagements
  • Monitoring of the firm’s work

What are the practice-monitoring requirements, and does my firm have to enroll in a practice-monitoring program?

Firms performing accounting, auditing, and attest engagements are required to enroll in a practice monitoring program.

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Licensure/Certification/Code of Conduct 

How do I become a CPA?

There are four requirements - education, passage of the Uniform CPA Examination, experience, and the AICPA ethics course:

  • You must possess a college degree in accounting or a related subject from an accredited college or university.
  • Details about applying for the CPA exam can be obtained from the CPA Exam Services.
  • The experience requirements can be found on the Colorado State Board of Accountancy website in the Rules section, Chapter 4. 
  • The AICPA Ethics Course is an 8.5-hour self-study course. This cannot be used toward your CPE requirement after you are licensed. Email Pamela Galey-Coleman for details on the course or call her at (303) 741-8629 or (800) 523-9082.

How do I reinstate my inactive or expired license?

To change the status of your license from a retired, expired, or inactive status to active status, please read Chapter 6 of the Colorado State Board Rules & Regulations. 

What is NASBA?

The National Association of State Boards of Accountancy (NASBA) serves as a forum for the 55 boards of accountancy. Its mission is to enhance the effectiveness of state boards of accountancy. The Colorado State Board of Accountancy uses NASBA to provide licensing services in Colorado. Click here to apply for a CPA certificate. 

How do I get reciprocity for the state of Colorado?

Detailed information on Colorado reciprocity requirements can be found in Chapter 5.5 of the Colorado State Board's Rules. To apply for reciprocity, please create a login account with NASBA to access the reciprocal application. 

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