The ICAEW CPD year is from 1 November to 31 October, but we understand that your firm/employer may have a different CPD year, for example, aligned to their financial year end.

This is reflected in the members’ annual declaration wording for 2024, which states “where your employer’s CPD year is different to ICAEW, you confirm that you have complied with Principal Bye-law 56 throughout your employer’s CPD year to 31 October 2024 and will complete the required CPD by the end of your employer’s CPD year."

You will be required to identify which CPD category is most applicable to you, based on the type of work you do. Each CPD category has a corresponding minimum number of hours of CPD that must be undertaken, a proportion of which must be verifiable. The minimum number of hours apply regardless of whether you are working part-time or full-time.

We recommend that you spend some time throughout the CPD cycle to reflect on the skills you have and to identify any areas for development – your needs may evolve over the course of the year. Any learning that is relevant to your role can count towards CPD.

Your CPD hours can come from a wide range of activities. It's not just about attending courses or watching webinars, but can include, for example, listening to podcasts, receiving coaching, problem solving, reading articles and learning from your colleagues.

ICAEW have put together a wide range of resources that can count towards your CPD. For our Portfolio Careers Community members, we have the upcoming What does it take to build a thriving future-proofed portfolio career? webinar in September and we have already run two webinars this year, How to maximise business opportunities: Elevating your profile and So you want a portfolio career – what to do next? – if relevant to your role, you could use these to provide you with up to 3 hours, 10 minutes of free, verifiable CPD. You can see a full list of Community events and access on demand recordings of past activities on our Community website.

One of your verifiable hours must be aligned to ICAEW’s code of ethics. If you’re not sure where to start, then we recommend our free ICAEW Ethics CPD course.

ICAEW have over 30 Communities which provide information, insights, guidance and networking opportunities on a range of industry sectors and professional specialisms. Additionally, our faculties provide up-to-date technical information about the latest developments in corporate reporting, tax and audit and assurance. Lots of the information and resources from our communities and faculties may be relevant CPD for you.

Our ICAEW Academy offers a wide range of programmes and courses – you could choose a course from our CPD catalogue, or, if you and some colleagues have specific needs, you can get in touch to discuss a tailored solution. You can build your own CPD programme from our Essentials CPD courses comprised of 67 individual courses, devised around technical core topics and updates.

If you want a boost to your CPD, you can watch the Virtual CPD conference on demand for free, with a half-day program of bite-sized, verifiable sessions covering a broad range of topics.

Remember, if you want something to count towards your verifiable CPD hours, you need some form of evidence that the learning has taken place. There are more obvious pieces of evidence, such as a certificate of completion of a webinar, but you can also use independent evidence for a wide range of actions from your day-to-day work, from attending peer discussion groups and consulting experts to on-the-job research of technical content. You can read further guidance on what will be accepted by ICAEW as verifiable CPD, including a list of example activities and how they can be evidenced.

You can choose to record your CPD in any way that suits you. You may already have systems in place within your firm that you can continue to use. For firms and individuals that do not have a formal system in place, you are invited to utilise ICAEW’s free online CPD record which you can access through your member dashboard. Using our new digital tools, you can add ICAEW learning activities to your online CPD record effortlessly.

Wherever you are on your CPD journey, please make sure you don’t leave it until the last minute. CPD is most effective and enjoyable when you break it down into regular, manageable chunks, so make the most of the resources we have provided and take the time to reflect on your progress regularly. Engaging consistently with your CPD not only ensures compliance but also enhances your professional growth and keeps you at the forefront of your field.