Continuing Professional Development is essential for any self-respecting professional accountant. The worlds of accounting, tax, company law, insolvency practice and finance are constantly changing. For these reasons, Members will be required to maintain an record of their CPD which will be requested by the Institute on an annual basis.
If you are registered with the IIPA for the IIPA/OmniPro CPD programme and undertake all of your CPD with the IIPA and OmniPro then your records are made available to the IIPA by OmniPro so your records are maintained automatically. If you arrange your own CPD then it is essential that you retain evidence of all of the structured CPD that you undertake and wish to received credit for.
Failure to maintain records will likely mean that you will not receive credit for the learning undertaken, it is in your interest to keep your CPD records up-to-date.
Examples of acceptable evidence include:
- A certificate of completion from the CPD provider;
- A letter from the CPD provider stating that you have participated in a particular course;
- Any notice from the provider of an online course stating that you have completed a course;
- Any other evidence that would show that you have participated in appropriate structured learning.
A receipt showing that you have paid for a course may be acceptable in some circumstances. Ideally it will should be accompanied by some other corroborating evidence that you have participated in or completed a course, however if this is not available then the receipt will suffice.