WHAT ARE THE ICAEW CPD REQUIREMENTS?
ICAEW members are required, on an annual basis, to identify their training needs and then ensure that they undertake appropriate action to fulfil them. The former points / hours system no longer applies but members must take responsibility to plan CPD which is appropriate to the work they are involved in.
Training can be in whatever form the member feels is most suited to their own objectives and there is no longer a distinction between structured and unstructured CPD. It may take many forms including atttending courses, reading , on-line training, technical meetings etc
DO BUSINESS MEMBERS HAVE TO UNDERTAKE CPD?
The requirements apply equally to members in practice and business and any member may be asked by the ICAEW to demonstrate the training they have undertaken at the end of each year.
Business members may find our technical updates for business members (accounting and tax) run twice yearly in each society, useful towards fulfilment of the requirement.
WE CAN HELP YOU KEEP YOUR TRAINING RECORDS UP TO DATE
We will automatically send you in January each year a record of any courses you have attended in the preceding 12 months.
It is all too easy to lose track of which courses you have been on, or even which you are booked to attend. With your Flexipack you will receive a report on courses booked. If at any stage during the year you would like to receive an updated report showing attendance and bookings just give Mick a call on 01737 223999 or email mick@sesca.co.uk
CPD RECORD CARD
Click here for a record card (pdf) to record your attendance at courses. Bring this along to the courses and we will validate it to confirm your attendance.
WHAT ARE THE REQUIREMENTS OF OTHER PROFESSIONAL BODIES?
Other professional bodies have similar requirements. ACCA have a unit based system where you must carry out 40 units (hours) of relevant CPD each year, of which 21 must be verifiable (i.e. you can provide evidence that you have done them). A number of our courses have CPD accreditation from the Law Society.
For more information from specific bodies click on the links below:
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The Institute of Chartered Accountants in England and Wales |
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The Chartered Association of Certified Accountants |
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The Chartered Institute of Management Accountants |
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The Chartered Institute of Public Finance and Accountancy |
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The Institute of Chatered Accountants of Scotland |
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| The Law Society |
The Law Society |
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