Continuing Professional Education (CPE) learning activities are designed to upskill professional accountants to perform competently within their professional environment.
Participation in CPE learning activities is therefore vital in maintaining high standards and public confidence in the profession.
In order to maintain professional competency and to ensure the exercise of due care at all times, a professional accountant is required to participate in CPE learning activities that are relevant to his or her current and future work and professional responsibilities. CPE requirements are applicable to all professional regardless of sector or size of business in which they operate.
As a member body of the International Federation of Accountants (IFAC), the Institute is responsible for the continuing professional education of professional accountants as set out in the requirements of the International Education Standard (IES) 7 “Continuing Professional Development (Revised)” issued by IFAC.
IES 7 prescribes the continuing professional development requirement of professional accountants to maintain professional competency, which contributes to the profession’s abjective of providing high-quality services to ‘meet the needs of the public (including clients and employers) and thereby strengthens public trust in the profession.