The CPD Program consists of two distinct requirements, Reporting
Requirements and Minimum CPD Hours.
Reporting Requirements
All members who have not been granted a reduction in annual
membership fees of 75% or more must file an annual report form by
March 31, 2012, unless they meet specific exemption criteria. Members
who have received a fee reduction while they are on caregiver, education
or medical leave must also file a report, but may claim an exemption from
completing minimum CPD hours at their option.
Members who have been granted a reduction from annual membership
fees of 75% or more and who serve as directors of or in oversight
positions on public interest entities must assess whether those activities
require ongoing CPD and report accordingly.
Non-resident members who are members of another Provincial/Territorial/
Bermuda Institute/Ordre or an international accounting body with
substantially similar CPD requirements need not report details of their
learning activities to the Manitoba Institute, but must still report that they
have complied with the CPD requirements of the other Institute/Ordre or
international accounting body.
Resident members should report details of verifiable learning activities
but may report only total hours for unverifiable learning activities. They
must also submit a declaration that they have met the minimum CPD
hours outlined below. Supporting documentation for reported verifiable
learning activities must be kept for a four year period - reports are subject
to verification.
Failure to file an annual report by the stated deadline may result, in
extreme cases, in an automatic suspension of membership.
Please track your learning activities and file the report electronically on
our website at icam.mb.ca. We encourage the use of this on-line system
as detailed report and compliance status information is then accessible at
any time. On-line reports for members who have attended Institute course
offerings and signed the attendance sheet are automatically updated.
A copy of the 2011 report form is also available on our website as a
hard copy. However, when we receive a hard copy report, we will track
only reported total hours – it is up to you to keep a copy of the details to
support your report.
Minimum CPD Hours
Members are required to complete a minimum of 120 hours over a
rolling 3 year cycle, at least 60 hours of which must be verifiable; and a
minimum of 20 hours (either verifiable or unverifiable) annually.
Remember that the three year cycle is a rolling cycle. For most members,
2011 is the last year of a cycle that started in 2009. It is also the second
year of a cycle that started in 2010 and the first year of a new cycle that
runs from 2011 through 2013.
The Bylaws require that any shortfalls from the minimum annual and
triennial requirements must be reported to the Professional Conduct
Committee.
If you are uncertain of the requirements and how they might affect
you, please refer to Bylaw 901 on our website. In addition, our website
contains information on the specific exemptions that have been approved,
what constitutes verifiable and unverifiable learning activities and
assistance in assessing whether volunteer activities require ongoing
CPD. More...
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