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ACCA CPD Requirement and additional study

Forums › ACCA Forums › General ACCA Forums › ACCA CPD Requirement and additional study

  • This topic has 4 replies, 2 voices, and was last updated 3 years ago by Kim Smith.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • February 1, 2022 at 8:54 pm #647904
    topblokeste
    Member
    • Topics: 1
    • Replies: 11
    • ☆

    Hi all,

    I became an ACCA member in October 2020. Thanks primarily to OpenTuition (thank you).

    I have taken a break from study as I had studied solidly for three years to qualify, with the pandemic as well I didn’t start any further qualification.

    Today I have registered with CIMA and intend to take the professional gateway route.

    My question is, the ACCA FAQs state that studying toward another qualification is acceptable CPD, I don’t see how I would relate that directly back to the three questions with ACCA CPD.

    Am I to read it as my additional study would count as unverified CPD only where I can’t relate it directly to my current employment?

    Does anyone have any thoughts?

    Thanks all

    Steve

    February 2, 2022 at 7:20 am #647925
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8298
    • ☆☆☆☆☆

    Hi Steve – ACCA’s certificates – which you can see listed at the bottom of this page https://www.accaglobal.com/vn/en/qualifications/glance.html each have a number of hours assigned to them – this is the number of verifiable hours that can be claimed for successful completion (i.e. obtaining the certificate). I know that for DipIFR, which has a 3-hour exam, it is possible to claim 40 hours for someone with a local qualification upskilling to IFRS (not for someone who has qualified as ACCA in the last 20 years because it is at a level slightly lower than SBR).

    I suggest that on passing CGMA you could similarly claim 40 hours – all verifiable. This means that if in the year that you pass you do an additional 19 hours non-verifiable, 19 hours of the verifiable will be carried forward to the following year.

    February 2, 2022 at 7:21 am #647926
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8298
    • ☆☆☆☆☆

    I meant to add – we do now have a members forum where you can ask about member-related issues https://opentuition.com/forum/qualified-members-forum

    February 2, 2022 at 1:48 pm #647970
    topblokeste
    Member
    • Topics: 1
    • Replies: 11
    • ☆

    Hi Kim

    Thank you for your detailed response, much appreciated.

    Your suggestion appears to be that I only claim the CPD in the year I complete CIMA/CGMA which is understandable.

    Apologies if I posted the topic in the wrong forum! I was looking for a CPD forum originally.

    Thank you again.

    Steve

    February 2, 2022 at 3:30 pm #647975
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8298
    • ☆☆☆☆☆

    I think if you were thinking of sitting the exam next year you might claim 20 units this year, but unless attending a course, say, this would be non-verifiable. Then next year on passing the exam you could claim 20 units verifiable. In this scenario you wouldn’t be carrying forward any verifiable units.

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