March 9, 2021

The purpose of this Regulatory Update is to provide you with correct information on CPE requirements for your CPA license renewal this fall. CPAs and other licensed professionals received a yellow postcard purporting to be from the Illinois Department of Financial and Professional Regulation (IDFPR) regarding Sexual Harassment Prevention Training Requirement. There are a couple of things that I would like to share regarding the Yellow Postcard that you received.

FIRST, the yellow post card is distorting in that it would lead the recipient to believe that it came from the Illinois Department of Financial and Professional Regulation which is the state licensing/regulatory authority for CPAs and other professions. It did not. Rather, it came from a continuing education vendor.  ICPAS Government Relations has been in contact with IDFPR legal staff regarding the distortions and overreach of the contents of the yellow card. 

SECOND, On December 1, 2020, the ICPAS Government Relations Office sent a Sexual Harassment Prevention Training Compliance Alert to all ICPAS members outlining requirements that the State of Illinois has imposed on employers and licensed professionals.

IN SHORT: You will see from the above cited compliance alert that the Illinois General Assembly passed, and the Governor signed into law, Public Act 100-762 requiring a one-hour CPE course for all licensed professionals with a continuing education requirement as a condition of license renewal. The genesis of this legislation was a legislative response to the ME TOO Movement in the country and allegations of sexual harassment in the Capitol.

CONTRARY TO THE ASSERTIONS in the post card, REGISTERED CPAs do not have to complete this requirement as Registered CPAs do not have a CPE requirement.

Lastly, ICPAS Government Relations has posted updated information on the 2021 License Renewal Process. I would encourage you and all others reading this posting to review.

We will continue to keep you informed on the 2021 CPA license renewal process.