CPD Requirements
Maintaining your accounting designation requires rigorous adherence to Continuing Professional Development (CPD) mandates. Most global bodies (IFAC members) require a rolling total of 120 hours over a 3-year period.
The 120-Hour Rule
Breakdown of the typical IFAC member requirement (e.g., CPA Canada, ACCA, ICAEW):
- 120 hours total over a rolling 3-year period.
- 60 hours minimum must be verifiable (structured).
- 20 hours minimum required annually.
- 4 hours of Ethics per 3-year cycle.
Related Resources
- IFRS 9 Financial Instruments
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- IFRS 16 Leases
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