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CIMA Professional Development offers flexible route to CPD
By CIMA's CPD programme manager, Katharine Jackson.
As scrutiny of the accountancy world grows, we recognise that our members are increasingly required to demonstrate their professional competence. Therefore CIMA, like many other professional bodies, will be introducing mandatory continuing professional development (pending the AGM member vote in June 2005) in January 2006. Mandatory CPD will reassure stakeholders that CIMA members are maintaining their professional competence and continuing to develop the knowledge and skills that are essential in differentiating a professional from a non-professional.
To support members we have created a new, flexible CPD framework ' CIMA Professional Development. The scheme, which has been developed through listening to members and employers, recognises the diversity of roles filled by members.
The scheme focuses on the role of the individual and what is relevant to their role, allowing members to tailor CPD to their own professional development needs. Members decide:
Business as usual
With this scheme, members will not be counting hours or credits, they will be evaluating, reflecting on and recording the output achieved from the development activities undertaken. In most cases it will be business as usual. We know that many members will already be meeting the development needs required of their role in their day-to-day work activities (for example, learning new skills, mentoring, reading technical articles and professional journals and newsletters such as Financial Management and Insight, secondments, attending seminars, conferences and courses).
If you are a CIMA member, you will recently have received your AGM voting papers giving you the opportunity to support the new, mandatory scheme through Bye-law and Members' Regulations changes. If you approve these changes, CPD will then become mandatory for all members from 1 January 2006.
Full details of the policy, guidelines and support available can be found on the professional development section of our website at http://www.cimaglobal.com/cpd. If you are a member, you should also have received a 12-page CPD supplement sent out with the May issue of FM. Insight will be keeping you updated with the progress of this scheme and many other CPD related matters with a series of articles throughout the year.
Please contact our special CPD helpline by e-mail at cima.pd@cimaglobal.com if you have any queries or comments about the new CPD scheme.
May 2005