Witamy w Irlandii
CPA Ireland Eamonn Siggins Chief Executive June 2012
CPA Ireland Background Established 1943 Body of Auditors and Accountants Governed by a Council (16:3) Operate by delegated self regulation (IAASA) Regulate CPAs in the public interest 3,835 members in over 40 countries 50% Male 50% Female 38% Under 40 31% in public practice
CPA Ireland Organisational Structure Organisational Structure Council Finance and Audit Officer Group (Remuneration) Education and Training Nominating Committee Regulatory Committees CPE Technical Committees Academic Advisory Board Chief Executive ISO Process Executive Team
CPA Ireland in the Profession CPA CCABI IAASA FEE IFAC Edinburgh Group MRAs/MOUs
Continuing Professional Education David FitzGerald Director - Member Services June 2012
CPA Ireland CPE Regime Mandatory Complies with IFAC guidelines (IES 7) Input based
CPA Ireland CPE Governance CPE Committee CPE Compliance Committee CPE Compliance Appeals Committee
CPA Ireland CPE Governance CPE Committee CPE Compliance Committee CPE Compliance Appeals Committee Advises Executive on CPE programme Approves CPE programme annually Provides feedback on events Reviews CPE policy and recommends changes Monitors member compliance Refers non-compliance to CPE Compliance Committee
CPA Ireland CPE Governance CPE Committee CPE Compliance Committee CPE Compliance Appeals Committee Reviews and adjudicates cases of non-compliance Has power to apply sanctions: Costs of up to 3,000 Fines of up to 2,500 Reprimands Courses of action Referral to Institute Investigation process
CPA Ireland CPE Governance CPE Committee CPE Compliance Committee CPE Compliance Appeals Committee Hears and adjudicates on appeals from members to sanctions applied by CPE Compliance Committee
CPA Ireland CPA Obligations Based on 3 year cycle Requirement: 120 hours CPE over the cycle Requirement is split between Structured Hours Unstructured Hours Minimum no of Structured hours in any given year Minimum no depends on membership status
Structured and Unstructured Hours Structured Unstructured Formal Learning Measureable Verifiable Any informal learning Measureable Not verifiable
How many hours CPE? Members not in Practice Members in Practice Practice Cert Holders Cycle Total 120 hours 120 hours 120 hours Of which - Structured Minimum 60 hours 75 hours 75 hours Annual Minimum 20 hours 30 hours 30 hours Annual Minimum Structured Minimum hours from Core Comptencies 10 hours 15 hours 15 hours 40 hours
How many hours CPE? Members not in Practice Members in Practice Practice Cert Holders Cycle Total 120 hours 120 hours 120 hours Of which - Structured Minimum 60 hours 75 hours 75 hours Annual Minimum 20 hours 30 hours 30 hours Annual Minimum Structured Minimum hours from Core Comptencies 10 hours 15 hours 15 hours Financial Accounting Auditing Company Law Taxation Professional Ethics Practice Management 40 hours
Structured CPE Directed Study Self Directed Study Attendance at group learning activities Participation in technology assisted activities Independent assessment (e.g. Exams etc) Research Writing of articles Lecturing Significant on the job training
CPAI Accreditation of Structured Hours Accreditation Formal
CPAI Accreditation of Structured Hours Measurable Accreditation Formal
CPAI Accreditation of Structured Hours Verifiable Measurable Accreditation Formal
CPAI Accreditation of Structured Hours Verifiable Measurable Accreditation Formal Must contribute directly to the professional competence of a member
CPE accreditaion Examples of programmes which are accredited CPA Ireland run courses Relevant courses run by other professional bodies Private training courses Employer in-house courses University & 3 rd level courses etc
Class attendance conditions Class attendance
Class attendance conditions Qualified Presenter Class attendance
Class attendance conditions Qualified Presenter Class attendance Prepared Course Notes
Class attendance conditions Qualified Presenter Class attendance Prepared Course Notes Appropriate Location (not work station)
Class attendance conditions Qualified Presenter Class attendance Prepared Course Notes Appropriate Location (not work station) At least one hour duration
Class attendance conditions Qualified Presenter Class attendance Attendance Records kept Prepared Course Notes Appropriate Location (not work station) At least one hour duration
Class attendance conditions Qualified Presenter Class attendance Minimum 5 delegates attending Attendance Records kept Prepared Course Notes Appropriate Location (not work station) At least one hour duration
Monitoring of CPE Compliance Members must make annual return on-line System identifies those who fall short Annual audit of 5% of membership ( 99% compliance)
CPA Ireland CPE Programme 2012 120 Physical events (from 1.5 day to 1 hour) Live webinar events 1 hour duration On-line learning suite Post qualification formal courses
CPE & Events
CPE to Desktop Webinars 1,000 hours in 2011 On-line Courses 9,000 hours in 2011
On-line learning (CPE to desktop) Very rapid recent growth CPA Ireland recognised as being particularly advanced in this space Now moving short (1/1.5 hours) events from physical to on-line
CPA Ireland - On-line learning suite 38 courses in total 4 are self authored more to be written No interaction between student and tutor, or between student and student Assessment at end of each course certificate of successful completion. Limited to maximum 50% of CPE requirements
CPA Ireland webinars Live Typically 1 hour duration Chat/Text interaction between tutor and students, and between students No assessment No limit of CPE hours Recordings are available, but no Structured CPE.
CPA Ireland Typical topics for webinars NAMA Update Survival Skills for Accountants Risk Management Credit Union Changes Tax Returns 2011 Charities Act Irish GAAP Top Tips for Managing People Pensions & Investment How to Sell an Audit Working as a Financial advisor in tough times Budget Briefing
Pre- qualification learning Learning normally delivered by approved educator colleges Learning is both via formal courses and home study Key college has launched recorded lectures CPA Ireland E learning elements Exam topic webinars Exam approach webinars Career guidance webinars Formation 1+ to be rolled out online in 2012
Issues & learnings from e learning Initial reluctance now embraced enthusiastically User profile has changed: Originally: female, 3 years post qualification, based outside main urban areas Now: All strata of membership Changing landscape ECDL, Accountancy software training no longer acceptable for CPE Time efficiency of on-line learning now recognised by members CPA Ireland members very e comfortable Technical issues talking head a distraction.
The future? More CPE to desktop Whither technology? Use of technology will necessitate on-going reviews of CPE requirements Learning on the move bite size courses? The key is to recognise what needs to be taught, and make best use of technology to teach it.
Thank You