What activities can I record in order to complete my CPD requirements?

Any activity that increases your knowledge, skills and ability to do your job can be included in your CPD records. To gain as much value as possible from your CPD activity, it is recommended to focus on its relevance to your role and your career development plan.

You can include events you have attended through CPA Australia, as well as most forms of learning or study that have contributed towards your professional career including structured reading, discussion group meetings and technical study programs.

You need to be able to demonstrate that the activity increased your ability to do your job. The activity does not need to:

  • be about accounting or finance 
  • be a CPA Australia activity 
  • take place in Australia.

Record all CPD activities to ensure you are completing the 120 hours of CPD per triennium, with at least 20 hours undertaken each year, needed to meet your obligations.

Working for a Recognised Employer Partner

If you work for an employer who is a CPA Australia Recognised Employer Partner, you are provided with a simple alternative method to demonstrate your CPD obligations.

CPD for specialist service providers

Fifty per cent of specialist service providers' CPD requirements must be completed within a specific field.

Specialist areas include: 

  • company auditors 
  • company liquidators 
  • tax agents 
  • trustees in bankruptcy 
  • financial services licensees or representatives 
  • self-managed superannuation fund (SMSF) auditors.

Meeting your CPD requirement

Some examples of how you can meet your requirements and pass your CPD review:

Passing a professional level segment

Winnie is an Associate member doing the CPA Program. Last year she passed Financial Reporting. Passing a professional level segment is 120 CPD hours. This will automatically update in her CPD Diary.

Working for a Recognised Employer Partner

Rajinder is a CPA who has worked as an accountant for AB Accounting Malaysia, a CPA Australia Recognised Knowledge Partner, for the past four years. Rajinder can claim 40 hours CPD per year for working at a Recognised Employer Partner. 

Rajinder entered these details into his CPD Diary:

  • Code L – 40 hours per year x three years, 120 hours for his three year period.

Undertaking appropriate developmental activities

Phil is a CPA for a small consulting company. He reviewed and researched possible business solutions for the company to improve business efficiencies and reduce costs. He then implemented a company restructure based on the solutions. 

Phil entered these details in his CPD Diary: 

  • Code F – 40 hours per year x three years, 120 hours for his three year period.

Participating in various activities

Jack is a FCPA who works for a small exporting business. He is a mentor to an Associate member, he regularly reads INTHEBLACK. His company has expanded their client base to China so Jack started taking Mandarin lessons.

He updated his CPD Diary with these activities:

  • Code K – Mentoring 10 hours per year x three years
  • Code J – Reading INTHEBLACK 10 hours per year x three years
  • Code B – Courses – Mandarin 50 hours for one year.