Lesson 1 – Know Your State’s Rules (Before It’s Too Late)

I remember sitting at my desk on a rainy Thursday afternoon, checking my CPEs before renewing my license. 

I had completed all the hours. I had the email confirmation. I was confident.

Until I wasn’t.

That’s when I noticed the fine print: The Virginia Board of Accountancy requires a state specific ethics course not just any ethics course.

  • I had taken a generic ethics course, thinking it covered all bases. 
  • It didn’t. And that tiny oversight nearly cost me everything I’d worked for. 
  • Years of study. The pride in calling myself a CPA. The clients who trusted me. 
  • All of it was suddenly hanging by a thread not because I was careless with numbers, but because I didn’t read the rules.

Here’s the truth they don’t teach you in textbooks: 

  • Compliance isn’t just about knowing accounting standards, it’s about knowing your state’s fine print.
  • Every state board is different. What’s acceptable in Texas might get flagged in Virginia. 
  • Your CPA license isn’t just national, it’s local. And assuming otherwise is dangerous.

That mistake taught me a lesson I now live by: 

  • Never outsource the responsibility of knowing your state’s requirements. Own it. 
  • Check the Board’s website. 
  • Bookmark it. 
  • Read updates. 
  • Stay close.

Because what you don’t know can cost you more than just money, it can cost you your industry credibility.

💼 CPA-to-CPA Wisdom:

  • Before your next license renewal, pull up your state board’s latest CPE requirements. 
  • Don’t assume, confirm. 
  • Double-check your ethics course provider. 
  • And don’t wait until the deadline is breathing down your neck.

Lesson 2 drops tomorrow. Don’t miss it. 

Book your free 15 minutes clarity session today: 757-977-8911 or email [email protected]

If we haven’t met,

I am Dr. Lilly Mbinglo, CPA,

❤️Daddy YONGKA’s Nyomshiliv, 

💃🏾Abakwa’s FINEST and SMARTEST CPA, 

💸Tax Strategist and Tax Alchemist Extraordinaire,

👩🏽‍💼Regent University MBA Professor,

I serve through The Ark NPS, a full-service Accounting Firm, where we provide Accounting services, Bookkeeping, Payroll, Tax Preparation, Planning, Resolution and Consulting, as well as Startup services to Individuals, Businesses and Nonprofits.

Let’s Connect! 

#cpa #cpafirm #taxaccountant

Faith. Finance. Freedom.

Get expert guidance on how to steward your business or nonprofit with wisdom, integrity, and strategy.