Are you recording your CPD points?
The knowledge needed to function effectively as a professional accountant in public practice, commerce, education, the public sector or any other environment continues to expand and change at a rapid rate.
Therefore, continuing the development of your professional competence by enhancing your knowledge and skills will ensure that you deliver the best possible service to your stakeholders and protect the CA(SA) designation.
Being a professional means having an attitude of lifelong learning. In this context, as a SAICA member you are assuredly aware of your obligation to develop and maintain your professional competence.
In terms of paragraph 6 of International Education Standard (IES) 7: "Continuing professional development relates to learning activities that develop and maintain capabilities to enable professional accountants to perform competently within their
Examples of verifiable CPD
Developing new systems or processes
Presenting information to others
Mentoring or being mentored
Committee work including preparation of board meetings, audit committees or other financial services or trade organisations
In-house presentations on products, preparing papers and contributing to technical meetings
Action-based learning (research problems)
Further qualifications, for example Chartered Financial Analyst (CFA), web-based learning/training
CPD clubs or discussion groups
Watching programmes on DSTV's Summit TV channel
Watching technical DVDs in a group or discussion session
Examples of verifiable sources
Course/ training certificates
Attendance registers at meetings/ workshops
note in a diary
Third-party attendance verification
Minutes of a meeting
Strategy documents or presentations
Examples of non- verifiable
Reading business sections of newspapers and professional journals for example, Accountancy SA, Financial Mail, Finweek and the Economist as well as web pages.
Watching technical DVDs
Self-study that does not lead to any formal assessment or research paper
CPD overall requirement
The CPD recording system is available to all members of SAICA for efficient recording of CPD activities. SAICA members who are also Registered Auditors may change their membership type to record CPD in the format required by IRBA for the allocation
in the three learning areas.
The first CPD cycle covers a period of three years, from 1 January 2006 to 31 December 2008. The second cycle will start on 1 January 2009 and end on 31 December 2011.
CPD resources and communications
|Opportunity to shape CPD
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|Preparation for IRBA CPD reporting
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|Looking for verifiable CPD
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|Members who not compliant for 2010 20 hours V2
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|Reminder to record your CPD 1
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|CPD communication to new members Nov 2010
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|Do you know your CPD status?
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|All members compliance Dec 2011
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|The CPD rolling cycle