A certified public accountant with more than 30 years of experience, Salvatore J. Armao serves as the managing partner of Strategic Tax and Consulting Services in New York City. Engaged in the accounting industry outside of his daily work, Salvatore J. Armao is a longtime member of the American Institute of Certified Public Accountants (AICPA).
In May 2019, AICPA partnered with the National Association of State Boards of Accountancy (NASBA) to issue proposals for updating the organization’s Statement on Standards for Continuing Professional Education (CPE) Programs. The statements were most recently updated in 2016. Proposed amendments include standardized consideration for self-study programs in determining CPE credit. Other changes have been suggested to help clarify the CPE process as a whole.
The work on developing these new changes to the standards began in May 2018. The public comment period for all of the proposed changes is open until August 31, 2019. Revisions can be found at nasba.org/blog/2019/05/20/proposed-changes-to-cpe-standards/.
