Do I need to document both receipt (income) and expenditure (expenses) for my CME activity?

Yes. The ACCME expects to be able to review both income and expense statements reflected in an activity’s budget.  They further specify that these statements must reflect:

Significant sources of income: Including income from commercial support, advertising and exhibit fees, tuition and registration fees, internal budget allocations, and any other source that represents greater than 20% of total income.

Significant expenses: Including staff salaries, meeting costs, honoraria, faculty travel expenses, and any other item that represents greater than 20% of total expense.

Annika

CME Watch

AOE’s video blog that provides updates on the CME/CE industry. AOE’s Managing Director Annika Borvansky gives insights on CME/CE current events and best practices.

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compass

Weekly Compliance Tip

If my MOC activity is selected for review, what do we do?  

If your MOC activity is selected for review, the ACCME will…

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