Continuing Professional Development
At the 2006 Annual General Meeting, members voted on the proposed changes to mandatory continuing professional development (CPD).
Effective January 1, 2007, under the mandatory Continuing Professional Education (CPD) requirements, members are required to:
- complete a minimum of 120 hours of CPD over a three-year cycle, including at least 60 hours of verifiable study;
- complete at least 20 hours of study annually of which 10 hours are to be verifiable;
- choose learning opportunities that provide for the development of new or existing competencies that are relevant to each individual member’s overall professional responsibilities and growth.
- The change came into effect on January 1, 2007; which means the first three year cycle is from January 1, 2007 - December 31, 2009.
You are able to complete your CPD requirements in many different ways; not just through the ICAS PD program. PD offered by the Institute is one option – but not the only option available to members. You can model your professional development activities to what works best for you.
What ever you choose or where ever you choose to obtain your CPD, your professional development must be relevant and appropriate to your work and professional responsibilities.
FACT Sheet - Minimum Continuing Professional Development Requirements
Please note the sample PD plans below are not intended to be all inclusive but are provided for illustrative purposes only. What ever you choose or where ever you choose to obtain your PD, your professional development must be relevant and appropriate to your work and professional responsibilities.
You will need to assess your own situation and determine what professional development is best for you. You are also not mandated to complete courses in specific competency areas. You can model your professional development activities to what works best for you.
SAMPLE PD PLANS
- Member in Industry - Non-Financial Position
- Member in Academia
- Member in Industry - Accounting Position
- Member in Industry - Executive Position
- Member in Public Practice - Large Firm
- Member in Public Practice - Mid Size Firm
- Member in Public Practice - Sole Practitioner
- Member in the Public Sector
Verifiable vs. Unverifiable PD