Continuing Professional Development
What is Continuing Professional Development (CPD)?
The objective of CPD is to ensure that accredited professionals maintain the currency of their skills and knowledge. This is particularly important in an environment of rapidly evolving markets, changing laws and regulations. It is the obligation of the accredited professional to ensure that they continually improve their ability to do their job, and to expand their technical and professional skills through education. CPD encourages continuous learning throughout a professional career.
How many points must I acquire?
20 CPD Points for Associate, CCP and CCP Fellow
All accredited professionals must earn 20 CPD points in any membership year (from July 1 to June 30). This is pro-rated for accreditation granted part way through the financial year. The requirement does not increase for accreditation levels.
What is required to maintain your ACI accreditation?
In addition to maintaining your membership with ACI, accredited professionals must also meet their CPD requirements by:
- Maintaining knowledge and skills that are appropriate for their activities and responsibilities, and are consistent with the training standards;
- Updating their knowledge and skills, especially in areas where there is continual change (e.g. legislation, regulatory policies and standards, and new market practices); and
- Developing new knowledge and skills to assist with their current role or roles contemplated in the future.
CPD Point Structure
Activities which develop or enhance skills related to the competencies that underpin the accreditation programs would be considered appropriate CPD. Activities that are specific to your role can also be considered CPD, as long as they are not paid activities.
The number of points able to be claimed for an activity are restricted in some cases. This reflects the variation in quality and intensity of learning outcomes for different activity types. It also recognises that learning can be self-paced using a number of media where time spent on an activity is not necessarily an accurate indicator of content and knowledge gained. The following table sets out the units available for various activities*.
*Please note that the list below is by no means exhaustive. Professionals should consider all CPD opportunities available to them in order to meet the yearly requirement.
Points can be calculated as 0.5 for a half hour increment of each activity. Less than half an hour may not be counted for points. Forty-five minutes will equate to 0.5 points. A full hour is required to achieve 1 point. Any CPD points accrued in excess of the 20 point requirement may not be carried over to the subsequent membership year.
Whilst all ACI activities are allocated CPD points, activities outside ACI can also be acceptable forms of CPD.
Conferences, seminars, lectures and workshops
(including on-line webinars)
|1 point per hour of attendance, excluding refreshment breaks|
|Presentations – research and writing||1 point per hour for each presentation, if not paid for this activity|
|Presentations – presenting seminars||1 point per hour to a maximum of 3 point for each presentation, if not paid for this activity|
|ACI committee or working party||1 point per hour of active participation to a maximum of 5 points per year|
|Publication||1 point for each 1000 words of authored material|
|Self-Paced Study||1 point per hour of study|
Frequently Asked Questions
What constitutes a membership year?
The membership year runs from July 1 to June 30.
This year I have accumulated 25 CPD points. Can I carry over the excess 5 points to next year?
No. CPD points must be accumulated within the current year.
Will I have to accrue CPD points whilst I am on maternity or sick leave?
No. It is not a requirement to undertake CPD during maternity or extended sick leave until such time as you return to work. CPD is pro-rated from the time of your return to the end of the membershop year.