Important
Notice
  • In light of the recent situation in Hong Kong, please login to the QP Learning Centre to check the noticeboard for the special arrangements for QP Workshops.
  •  

  • In considering the unforeseen circumstances in Hong Kong and safety issues these entail, the Institute has decided to call off the Cross-straits, Hong Kong and Macau Accounting Profession Conference 2019 which was scheduled to be held on 27-28 October 2019 at the Kowloon Shangri-la Hotel. We are closely monitoring and reviewing the situation and any further announcements about rescheduling the Conference will be made in due course.
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Continuing professional development (CPD) requirements

Members of the Institute are required to comply with the CPD requirements set out in Statement 1.500 (July 2014). Holders of the specialist designation in insolvency ("SD (Insolvency)") are required to comply with one additional CPD requirement as also set out in Statement 1.500 (July 2014).  This additional requirement is that they need to undertake, as part of the total CPD requirements as a member (60 verifiable hours in each rolling three-year period), at least five verifiable CPD hours relating to insolvency for each CPD reporting year.

 

Compliance with the CPD requirement for the SD (Insolvency) is one of the conditions for renewal of registration as an SD (Insolvency) holder.  All holders of the SD (Insolvency) are required to complete their annual CPD declaration for the CPD period ended on 30 November each year for renewal of registration as a CPA. This substantiates that they have complied with the additional CPD requirement for renewal as an SD (Insolvency) holder.

 

Holders of the SD (Insolvency) who fulfil the Institute's CPD requirements for CPAs by fulfilling another GAA institute's CPD requirements are still required to undertake at least five verifiable CPD hours relating to insolvency for each CPD reporting year in order to satisfy the CPD requirement for SD (Insolvency) holders.

 

Generally, in order to serve the public interest, no exemption from CPD compliance will be granted to SD (Insolvency) holders.

 

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