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why is CPD important?

CPD
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why is CPD important?

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It is the responsibility of professional accountants to develop and maintain professional competence necessary to provide high quality services to clients, employers and other stakeholders. The knowledge needed to function effectively as a professional accountant in public practice, industry, commerce, education and the public sector continues to expand and change at a rapid rate. As a professional accountant you face increased knowledge and skill expectations. You, as well as AIA, also face unprecedented scrutiny about the quality of internal control, governance, financial statements and independent audits. These pressures apply to professional accountants in all sectors. In addition, the need to be competitive in a worldwide economy has prompted a more intense focus on the role and responsibilities of professional accountants in entities of all types. Continued development of professional competence and lifelong learning are critical if the professional accountant is to meet these ex

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To be a professional you must be competent and safe to practice. At registration, your competence is assessed against the level you apply for. However, as your role or organisation or the system you use changes, you may have different demands placed apon you, and you may not be competent to meet these. A second part of CPD, which is just as important, is helping you meet your career aspirations by helping you develop to meet the needs of a new job.

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