Increase in Required CPD Units and Change of Thematic Areas to Competence Areas for All CPAs
Manila, January 23, 2017 - The Professional Regulatory Board of Accountancy announces the increase of the required Continuing Professional Development (CPD) Units from sixty (60) to one hundred twenty (120) credits units within a compliance period of three years for all Certified Public Accountants (CPAs), which shall be implemented in phases as follows:
|
Year of Renewal |
Required number of CPD Units |
|
2016 |
60 |
|
2017 |
80 |
|
2018 |
100 |
|
2019 |
120 |
Thematic Areas of CPD activities have been changed to Competence Areas in order to align with the International Education Standards. These have been divided into 3 major categories namely: Technical Competence, Professional Skills and Professional Values, Ethics & Attitudes, pursuant to Resolution No. 358 Series of 2016 of the Professional Regulatory Board of Accountancy.
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