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I in brief I saica news CPD SAICA’s CONTINUING PROFESSIONAL DEVELOPMENT siyakhula.we are growing. update CPD Philosophy of life long learning • Scanning internet sites this as a verifiable CPD activity, they are The knowledge needed to function • Watching technical DVDs etc required to read the specific article, then effectively as a chartered accountant complete an online questionnaire relating to in public practice, industry, commerce, A question that arises is what is meant the article on the SAICA website. In order to education, the public sector and abroad by a three year rolling cycle? be credited with verifiable CPD, a member continues to expand and change at a rapid To illustrate this concept the following must obtain a 25% average per ASA issue rate. The onus thus rests on the shoulders example applies: and a maximum of 1 hour verifiable CPD is of the professionals to continuously develop allowed per month. his/her knowledge and skills relevant to the Cycle 1 role they perform. Year: 2006 Measurement: Min 20 hours In addition to the above, the ASA website SAICA CPD Policy Year: 2007 Measurement: Min 20 hours provides additional CPD verifiable articles Continuous professional development Year: 2008 Measurement: Min 20 hours, and questionnaires to members to assist (CPD) requires professionals to foster 120 hours in total of which 60 are verifiable. with their variable CPD requirements and a commitment to life long learning Cycle 2: learning activities. and continuous improvement of their Year: 2009 Measurement: Min 20 hours competence relevant to the specific role Year: 2010 Measurement: Min 20 hours 5 Members are also encouraged to visit that they perform such as a CEO, financial Year: 2011 Measurement: Min 20 hours, the SAICA website and explore the controller, lecturer or entrepreneur. 120 hours in total of which 60 are verifiable other various offerings available, which Cycle 3: complement and assist members to So how does a member foster this Is measured over the years 2010, 2011, develop and enhance their competencies. commitment and embrace the 2012 with measurement being: philosophy of life long learning? • 20 hours per annum Members are required both to do and Looking forward • 120 hours in total of which 60 are verifiable. In terms of the requirements of record their CPD activities. Cycle 4: , International Education Standard 7 and Is measured over the years 2011, 2012, It is the requirement of the CPD policy to in lin
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