CPD is CIMA professional development.
Under the membership regulations of CIMA as a Charter holding professional body CPD is a mandatory requirement of all members in whatever employed status and realm they find themselves - from teachers to members of the services, sole traders to CFOs, and for them to send in details of what they have done if randomly selected for monitoring.
CPD is about making sure that CIMA members are up to date with the technical and practical developments in their industry.