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By Rick Telberg/At Large
The global shift towards principles-based accounting standards, combined with the relentless pace of change in the world of business, is prompting many finance and accounting professionals to rethink their approach to continuing professional education.
CPE has already changed considerably in both form and content. In form, CPE can now be taken online or offline, in person or remotely, anytime and anywhere — 24/7/365.
But even bigger changes may be taking place in content, as global accounting and reporting standards evolve to a so-called principles-based regimen. At the same time, accounting firms and finance organizations are finding that the cookbook approach to continuing education, like the cookbook approach to accounting, needs to give way to a more sophisticated mix of knowledge and judgment.
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