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ICAEW
The requirements for members which came into effect on 1 January 2005
defines CPD as an ongoing process which is not determined in terms of dates, hours or points.
From 1 January 2005, on an ongoing basis you are required to:
- consider the knowledge and skills you need to fulfil your role and
assume your responsibilities
- identify any areas in which you need to update or develop yourself
- identify any risk areas
- take appropriate action to address these areas
- assess whether your actions suitably met your needs and whether
further action is required.
ACCA Realise
All ACCA members, whether they hold a practising certificate or not,
are required to undertake 40 CPD units per year and maintain records of the units obtained and the relevance of the units to their role.
In addition, members are required to submit an annual CPD return and provide their CPD records to ACCA if requested to do so,
for example at a monitoring visit or by written request.
The unit route requires members to complete 40 relevant units of CPD each year, where one unit is equal to one hour of development.
21 units must be verifiable. The other 19 can be non-verifiable. Verifiable CPD is interactive training including face-to-face,
in-company, e-learning, etc.
Non-verifiable could be reading a relevant book or magazine.
Between November and January each year, you are required to:
- sign and return a declaration with the annual Fees and Subscription
Notice to confirm that you have complied with the requirements
OR
- make your declaration online.
Law Society
All solicitors and Registered European Lawyers (RELs) in practice in England
and Wales are required to undertake continuing professional development
(CPD) activities. The CPD year runs from 1 November to 31 October. The requirements are outlined below:
For newly qualified solicitors and RELs:
- one hour for each complete month worked from date of admission/registration to 31 October
(those admitted / registered on 1 November will go straight into their first CPD year).
For all solicitors and RELs in their first CPD year and in each subsequent year:
ICSA
In essence, the following are the main elements of the refined CPD policy that ICSA implemented in January 2006:
Each member will determine his or her own development requirements - their own programmes
will be drawn up each year in advance - and the CPD programme that each member will follow and report
on is what they have done to achieve their CPD requirements and to what extent they have achieved
their development aims. There is no blanket requirement for x number of hours - each member will
identify the interventions that they will undertake in order for their
own professional development to be achieved.
CIPFA
Members will be required to undertake a minimum of 120 hours of activities over a
three year period with a minimum 20 hours of verifiable activities in any one year.
CIMA
CPD became mandatory for all CIMA members in January 2006.
It is a principles based scheme which focuses on the outcomes of the development activities undertaken and what has been learnt.
CIMA detail a development cycle which members are required to progress through.
This cycle involves six steps. Below is a brief synopsis of these steps:
- define present and desired roles
- assess development needs
- choose development activities to meet learning objectives
- undertake development activities
- reflect on how it went, what you have learnt and how you can apply that learning
- evaluate your record assessing actual development against objectives.
Development records must be kept for a rolling three year period and there are acceptable formats detailed by CIMA.
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