Continuing Professional Development (CPD) Policy and Requirements

Given the rapid pace and scope of changes in the profession, Chartered Professional Accountants need continuously maintain, update, improve and enhance their knowledge and skills in the area in which they work.

All CPAs must update their professional knowledge.

Continuing Professional Development is an ongoing program of learning which empowers Members to engage in learning activities to enhance their capabilities and competency in their professional roles. In order to maintain public trust, and to uphold the reputation of the CPA designation, all members must constantly update their professional knowledge.

REQUIREMENTS:

  • At least half of the minimum required hours must be verifiable CPD hours (60 hours of CPD every three year period and 10 hours of CPD hours annually);
  • Verifiable CPD hours means all learning activities that result in evidence that the learning activity was undertaken;
  • Unverifiable learning activities do not result in evidence that the learning exists, such as technical reading, self-study, etc.;
  • All CPD must be reported by January 31st following year in which it was incurred to remain in good standing.

All CPA members shall retain documentation to support the verifiable learning activities. Such documentation shall be retained for five years after the completion of any particular year. The CPD hours could be audited. In those instances the CPA member would have to prove their CPD hours by submitting support documentation;

To support the Continued Professional Development (CPD) reporting transition of legacy designations to CPA, all members are expected to be fully compliant with their legacy CPD requirement through to December 31st, 2015.

Download the CPAPEI CPD Policy

Download the Legacy CA declaration form and policy

Download the Legacy CGA declaration form and policy

Download the Legacy CMA declaration form and policy