How We Issue Our Certificates
Recently, the professional bodies have changed their Continuing Professional Development requirements (CAANZ CR7 and IPA Pronouncement 7).
Both CAANZ and the IPA are now requiring that you have “verifiable” CPD for at least 90 hours in a triennium.
If you watch a recording then this may not be considered formal training. Because of this we are now issuing different CPD certificates to ensure that those that attend live training can guarantee that this is verifiable CPD.
How do we issue our CPD certificates?
- Whilst you will still get the full hours on the certificate we will divide those hours into hours attended and hours watched online.
- We have systems in place to allow us to monitor who attends and who actually views our online content and we need to show the professional bodies that we are ensuring that our subscribers are actually completing the training.
What counts as ‘formal’ and ‘informal’ training?
- If you attend a live webinar you will receive a certificate to say you attended (verified).
- Otherwise, you will receive a certificate to say you watched the recording.
- Whilst we would advise that you keep the slides etc we cannot guarantee that CAANZ or the IPA will consider watching a recording as being verified hours
But wait…
- You can gain ‘verified’ hours for pre-recorded sessions, you will just need to complete a short quiz at the end of the session within your 90 days of access and if you pass then you will get the full hour as verified training.
- Within 90 days, if you opt-out of the test it will simply be an hour of training. This time frame will give you sufficient time to do your online training as well as give us a deadline to issue you a CPD certificate based on whether the quiz has been completed or not.
- This 90 day deadline is only applicable to non-Complete Tax CPD Members.
There is also now a push to mandate different types of training
IPA
The IPA has a totally new requirement from 1 July 2021 and this will require their members to complete 20 hours of Professional & Ethical Standards and another 20 hours of Management and Professional Skills.
Don’t worry, we will be offering alternate CPD pathways where you can choose to do 20 hours of the alternate topics along with 20 hours of tax training in a given year so you can gain your 120 hours.
To learn more about the changes, click the button below.
Once you click this button, a Zip file will automatically download to your computer. If you’re having trouble locating the file, please check your downloads folder.
CPA
From 1 October 2023, members of CPA Australia must complete at least 10 hours of CPD focused on ethics and professional responsibility every three years, with a minimum of two hours required annually.
To help you reach these requirements we had provided with you access to 4 Ethics Webinars the first year and 3 for the second and third year each. This will total to 10 hours of Ethics over the triennium.
CA
CAANZ now require you to complete 2 hours of ethics as part of your 120 hours over a triennium. We will provide one hour of ethics each year as part of our CPD program. To read more information about the CPD requirement changes from Chartered Accountants website, click here.
To download Chartered Accountants’ PDF/flyers containing the Key Changes To CPD Requirements, CR7 Continuing Professional Development and a FAQ, click the button below.
Once you click this button, a Zip file will automatically download to your computer. If you’re having trouble locating the file, please check your downloads folder.
