CPD Requirements

A minimum of 120 CPD hours are required over a three year period. Of these 120 hours, at least 60 hours must be achieved by means of engagement in structured CPD. You have the freedom to decide, for example which trust knowledge would be necessary, provided that the prescribed number of CPD hours are completed over a period of three years.

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Given the fact that the accounting profession is in a continuous state of change, the Board has determined that from 2008, IFRS / GAAP and Taxation CPD's are compulsory for all members and thus requiring them to attend at least one half-day (4,5 hours) session per topic.

Members are required to hand in a schedule of 20 structured and 20 unstructured hours for each year of the 3 year cycle.

WHAT IS STRUCTURED CPD?
 

  • attendance at conferences or seminars;
  • attendance at regional meetings (provided that a learning activity takes place);
  • company (in-house) organised training courses;
  • CPD-courses offered by SAIPA or other recognised professional bodies;
  • further education courses presented by educational institutions (which may lead to a qualification);
  • properly organised discussion groups;
  • service on technical meetings;
  • short courses offered by commercial training providers;
  • working as a lecturer, instructor or discussion leader on a structured course (repeat presentations of the same course should not be considered for this purpose)
  • workshops.
  • writing technical articles, papers or books;


WHAT IS UNSTRUCTURED CPD?
 

  • Hands on IT experience which involves new learning.
  • planned reading of specific articles in the financial press;
  • project work;
  • reading relevant articles in The Professional Accountant or in the journals of recognised professional bodies;
  • regional committee work which develops transferable skills;
  • secondment;
  • technical discussions with colleagues;
  • visits to other regions/organisations