Public Accounting and Continuing Professional Development Reminder
Regulatory Standard Edition: October 2022 | Published: October 6, 2022
Members applying for a new Public Accounting Licence (PAL) or those who are renewing their existing PAL, must complete the required CPD hours in activities directly related to the competencies needed to engage in the practice of public accounting, as outlined in Regulation 7-2.
For information on the competence areas and learning outcomes for PAL holders and members applying for a PAL, please refer to International Education Standard 8, Professional Competence For Engagement Partners Responsible For Audits Of Financial Statements (Revised).
It is important to ensure that your CPD course selections are related to public accounting competencies; failure to meet IES 8 requirements may result in loss of licensure.