What is Continuing Professional Development (CPD)?
Continuing Professional Development (CPD) is how UK Chartered Accountants and other similarly designated professionals maintain and enhance their professional competence throughout their careers. It ensures members remain current with industry, regulatory, and technical developments.
Is CPD mandatory for UK Chartered Accountants?
Yes. All members of UK accountancy bodies—including ACCA (Association of Chartered Certified Accountants), ICAEW (Institute of Chartered Accountants in England and Wales), ICAS (Institute of Chartered Accountants of Scotland), and CIPFA (Chartered Institute of Public Finance and Accountancy)—are required to complete CPD annually and submit a declaration of compliance.
What qualifies as CPD?
Any activity that contributes to your professional knowledge, skills, or ethical understanding can qualify as CPD. Each body defines minimum expectations and acceptable formats.
What is verifiable CPD?
Verifiable CPD must be supported by evidence that shows the learning occurred and can be confirmed by a third party. This typically includes certificates of completion, attendance records, or assessment results.
Does LumiQ offer verifiable CPD that meets UK requirements?
Yes. LumiQ episodes are structured to support verifiable CPD by including clear learning objectives, relevant content, and certificates of completion. While LumiQ content aligns with many CPD frameworks, we recommend confirming with your professional body to ensure it satisfies their specific requirements.
Should I confirm acceptance of LumiQ content with my professional body?
Yes. Because CPD requirements can vary by designation, it is strongly recommended that professionals consult directly with their governing body to ensure LumiQ coursework aligns with their continuing education criteria.