WHAT IS CPD?
It is the learning and development that you'll do throughout your ACCA membership.
Most members will follow the CPD unit route and need to complete 40 units of CPD annually comprising of
- at least 21 units of verifiable CPD, plus
- a maximum of 19 units to be made up of non-verifiable CPD
What this means:
Any learning activity can count as verifiable CPD when you can answer YES to these three questions:
- Was the learning activity relevant to your career?
- Can you explain how you applied the learning in the workplace?
- Can you provide evidence that you undertook the learning activity?
Non-verifiable CPD is general learning not related to a specific outcome, or which is difficult to provide evidence for. This can include general reading such as technical journal articles in AB magazine.
1 unit is the equivalent of 1 hour of learning so:
1 unit = 1 hour
Practising members must also obtain an appropriate proportion of CPD in their chosen specialism. Members holding an ACCA practising certificate and audit qualification must ensure they maintain their competence in audit, even if no audit work is currently being undertaken.
WHO HAS TO COMPLETE CPD?
All ACCA members who are active in the workplace are required to complete CPD on an annual basis. Members on the retired register are exempt from CPD. However, you may fall into one of the following groups where the CPD requirements are different:
- approved employer route
- part-time or semi-retired unit route
- IFAC body route
- being eligible for a CPD waiver
WHERE CAN I GET CPD?
The choice is yours. CPD is flexible and can be acquired using a range of learning methods.
- Webinars
- Online courses
- Podcasts
- Online articles
- Learning at work
- Face-to-face course
- Committees/Panels/Discussion Groups
- Undertaking research
- Additional qualifications
- Coaching and mentoring
- Networking
- Publications and technical articles
If the activity is relevant to your current or future role then it can count as CPD.
WHEN SHOULD I DO CPD?
Don't leave it until the last minute! You should plan your CPD activity at the start of the year to ensure it is relevant to your development needs.
If you are a new member, you are required to participate in ACCA's CPD programmes from 1 January of the year following admittance to membership.
HOW TO ACCA REVIEW YOUR CPD?
Members are required to complete a CPD declaration each year by 1 January. Member's annual CPD declaration can be made online at any point in the year by logging onto myACCA. Members are required to keep CPD evidence for three years in case you are selected for a review (only send us evidence if you are selected for CPD review).
If selected for a review you need to be able to demonstrate the relevance of your chosen CPD activities, by telling us why you selected that particular activity, what you learned from it, and how you have applied or will apply that learning.
Useful Links:
MyDevelopment
Quick Guide to CPD
CPD for practising members
CPD i-guide
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