KB Designates: Relicensing Deadline is June 30

Last call! Holders of the RWM™, MFA™, and DFA-Tax and Bookkeeping Services Specialist Designations must complete their annual relicensing by June 30 by attesting to their Standards of Conduct including the achievement of 15 annual CE credits. Check out the handy Q&A Relicensing Guide and further details below.

Offside?  No problem, we can help.  Your professionalism matters to your clients. Your achievements are also an inspiration to the thousands of undergrads across Canada. Relicensing is simple: Designates have received an email with documents and instructions on sending along your Attestation to Standards of Conduct. For personal assistance call 1.866.953.4769.

FAQs - Knowledge Bureau Relicensing and Attestation to Standards of Conduct

What is the annual deadline for submission of Attestations to re-license and how many CE Credits are required?

15 CE/CPD Credits within a 12-month period.  Designated graduates must have achieved at least 15 CE Credits in a 12-month period, ending June 30. These may be verifiable or non-verifiable CE Credits.

What is the difference between Verifiable and Non-Verifiable Credit Hours?

Verifiable Credits:

• One online certificate course (30 hours each = 2 years of credits)
• Attendance at CE Summit (10 credit hours each – 4 verifiable and 6 non-verifiable)
  • Add-on online course = 20 more CE Credits
• DAC Conference (15 credit hours)
• Knowledge Gap Courses (2 credit hours)

Non-Verifiable Credits:

• Annual Subscription to EverGreen Explanatory Notes – (15 credit hours per year)-  Stay up to date with this comprehensive, tax research library subscription service.
• Knowledge Bureau Professional Calculators (15 credit hours per year) – Use of 15 updated tax planning software tools to prepare tax efficient retirement & wealth management plans.

What are the two stages in the designation re-licensing process?

Students must submit their Certificate of Attestation annually by June 30.  Should Standards of Conduct not be met, students are required to demonstrate how the breach has been corrected with:

1. A letter or email informing us of the breach and corrective action
2. A signed Certificate of Attestation:  Good Professional Standing

What are the benefits to a designate of being on-side?

Relicensing of Credentials.  Holders of registered marks licensed by Knowledge Bureau are held to a high standard of professional conduct and continuing education requirements after graduation.  To that end, it is necessary to relicense the use of their designation marks on an annual basis in order to continue using the credentials.  It is also necessary to Attest to your exemplary conduct. 

VIP Grad Status Tuition Fees. To encourage our students to continue their academic pathway to continuing professional development and specialization in their field, Knowledge Bureau provides tuition fee reductions to graduates who wish to continue in their next program of studies.  

What are the four activity categories that designates are required to attest to?

Knowledge Mastery:  Successful completion of the required courses within the specialized   field of service chosen by the designate.

Professional Ethics: 

• Good standing under the requirements of all professional designations and licenses required including Knowledge Bureau continuing professional development requirements
• No criminal convictions now or pending, nor any citations for unethical conduct, or unresolved client complaints received by Knowledge Bureau. 
• If offside the graduate must give up the use of the designation marks, and remove them from all platforms or publications including letterhead, cards, websites and social media until the matter is resolved.
• Acknowledgement that various accreditors will require a public notice for unethical practices. 

Compliance Guidance:  Graduates acknowledge that Knowledge Bureau provides guidance on compliance requirements, regulation and best interest duties in a variety of ways including articles in weekly e-newsletters delivered at no charge, but the graduate must  voluntarily subscribe, as part of their required reading in all continuing professional development activities.  Knowledge Bureau also offers guidance on ethical practices at its virtual and in-class and in-conference programs, delivered by leaders in the industry on the subject areas.  

Continued Professional Development and Status:  At least 15 hours of continuing professional development is required with Knowledge Bureau, within a 12-month period ending every June 30.  By taking courses in any one of its seven faculties identified below; both verifiable and non-verifiable credits are accepted.  The graduate’s ongoing status is reported by Knowledge Bureau on a quarterly basis but also available 24/7 in the Knowledge Bureau Virtual Campus.

Official transcripts are delivered to designates at the beginning of April, July, October and January to report on progress. 

What happens when designates fail to meet the Standards of Conduct and Attestation requirements by the deadline?

To maintain the right to use the certification marks earned with the Knowledge Bureau next year, these Standards of Conduct must be met by the end of the continuing professional development period (June 30). 

A 60-day grace period is allowed, however, registration in a program within 60 days of the period end is required.

After 60 Days. Designates lose access to all VIP Grad Status tuition rates ($250 for each registration) and must cease using certification marks until new professional updating is completed. Please call us to discuss re-instatement.  Please call Registrar at 1-866-953-4768 to make an appointment for the re-instatement process. 

It is our goal to make your successful re-instatement possible with minimal inconvenience and at a reasonable cost. 

Designates: Check your email for your relicensing package and instructions or call 1.866.953.4769.