Government Finance Profession

The ICAS CPD policy

The Basis of the new CPD Scheme

ICAS new CPD scheme has moved away from a set hours based requirement with its emphasis on the time spent on CPD activities. Instead, it focuses on the output or benefit of CPD activities, thereby allowing members to concentrate on the impact their CPD has had on the maintenance and development of their skills and their ability to perform effectively in their current role.

Why mandatory CPD?

Members are required to formalise their professional development under ICAS’ new and mandatory CPD scheme. Members must fulfill their professional obligation of competence through continuing professional development.

ICAS CPD is as an integral part of good professional practice, as well as a fundamental principle of professional ethics.

Members have been actively encouraged to undertake CPD throughout their professional lives as a means of maintaining and developing their professional competence. CPD or Lifelong Learning has been a mechanism for:

• Maintaining the professionalism and ethical awareness of members.
• Upholding the reputation of the CA Qualification and the value of the CA Brand.
• Enhancing the regard within which ICAS employers, clients, colleagues and other stakeholders hold members.

CPD & Accredited Employer

The Government Finance Profession at present is not an accredited employer, and neither are any central government departments (at present).

For your CPD, you will be required to keep evidence of your CPD on a rolling period of 3 years.

Until further notice, please use the ICAS link to plan and record your CPD (do not use the GFP CPD Record): http://www.icas.org.uk/site/cms/download/cpd_guidance_notes.pdf

Further information: http://www.icas.org.uk