KB Designates: Relicensing Deadline Passed…Act Now!

Knowledge Bureau Designates: your professionalism matters to your clients. Your achievements are also an inspiration to the thousands of undergrads inn Knowledge Bureau program from coast to coast.  But, the grace period for relicensing ends August 31!  Make sure to maximize your investment in your credentials. Send along your Attestation to Standards of Conduct now. Check out the handy Q&A Relicensing Guide below or call us for help: 1-866-953-4769.  Here’s what you need to know:

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

Relicensing of Credentials.  You will be able to continue to use your designation marks for another year after attesting to your good standing in continuing professional development and exemplary conduct. 

VIP Grad Status Tuition Fees. Knowledge Bureau provides an affinity program for its graduates on future enrolments in educational programming.  Designates receive the highest VIP standing and tuition fee reductions.  Check out your status by logging into the Virtual Campus.

Relicensing is simple: as a designate, you will have received an email with documents and instructions on how to complete the Attestation to Standards of Conduct. For personal assistance call 1.866.953.4769.

What is the Attestation About?  Designates must attest to four requirements:

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 continung 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; both verifiable and non-verifiable credits are accepted. 

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.

FAQs - Knowledge Bureau Relicensing and Attestation to Standards of Conduct

Who must relicense?  Holders of the RWM™, MFA™, and DFA-Tax and Bookkeeping Services Specialist Designations must complete their annual relicensing obligations by attesting to their adherence to Standards of Conduct including the achievement of 15 annual CE credits by June 30.  Note MFA-P™ designates must do so by June 30, 2022.

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. Note a grace period is provided at no charge for the last time in 2021, ending August 31.  In the future re-certification fees will apply.

Are Transcripts of Progress Available? Yes. 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.

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. 

Is there a relicensing/re-certification fee?

It is our goal to make your successful re-instatement possible with minimal inconvenience and at a reasonable cost.  There is no charge for attestation and re—licensing at this time.  However, please note that Knowledge Bureau reserves the right to charge for re-licensing and grace period fees in the future.

Bottom Line:  Designates…Check your email for your relicensing package and get your credentials onside now.  For assistance call 1.866.953.4769.