To maintain an active PFS Credential, PFS Credential holders must pay an annual renewal fee of $350 and meet the following PFS recertification requirements every three years:

1.    Regular membership in good standing in the AICPA

2.    A valid and unrevoked CPA certificate issued by a legallyconstituted state authority

3.    60 hours of CPE related to the PFP body of knowledge

4.    Submission of a Statement of Intent to continue to comply with all recertification requirements

The initial PFS application covers the period from the credential holders PFS start date for a period of three years.  At the end of that calendar year, an email will be sent notifying PFS credential holders that they need to recertify.

Example:    June, 2009              Become a PFS credential holder June 2009,

                June, 2012              Initial 3 year period

                December 31, 2012   Recertification required

                December 31, 2015   Next recertification required

The email will direct the PFS credential holder to their AICPA Profile Page where they can attest to having met the PFS recertification requirements.

Failure to recertify results in the loss of the PFS credential.

The AICPA reserves the right to audit recertification attestations.  If selected, the PFS credential holder will be contacted to provide further substantiation.

Questions? E-mail us at pfs@aicpa.org or call us at 1-888-777-7077 (Monday thru Friday, 9am–6pm ET)