Members must complete 120 CPD hours over a rolling three-year cycle, with a minimum of 20 CPD hours required annually.
New members are required to fulfill the complete CPD reporting requirements in their year of admission, regardless of the admission date.
Members must complete 4 verifiable hours in professional ethics during each three-year cycle. Click here to view ethics courses on MYCPE ONE.
A minimum of 20 CPD hours must be reported annually, of which a minimum of 10 hours must be verifiable learning.
Please refer to the CPA-BM provincial website for a detailed list of approved FOS/ subject areas eligible for CPD credits.
Yes, CPA-Bermuda permits members to complete 100% of their CPD hours through self-study.
Eligible learning activities include:
- Verifiable: Continuing Education, Instruction/Speaking, Committees, Research/Publications, Studying.
- Unverifiable: Technical reading, self-study of published materials; self-study courses; Research, including reading professional literature or journals and more.
CPD hours for a calendar year must be reported by December 31st annually.
Members must renew their license by March 31 each year. CPD deficiencies must also be reported and remedied by this date.
No, CPA-Bermuda do not allow carry-forward of CPD credits.
Members must retain CPD records for at least 5 years, as they may be subject to audit by CPA Bermuda.
The renewal fee is $945.
Fast Track, CPA-Bermuda packages are curated to meet CPA-Bermuda's specific CPD requirements. These comprehensive bundles save time by pre-selecting courses to cover all CPD needs.
Yes! CPA-Bermuda defines CPD as learning relevant and appropriate to a member’s professional responsibilities, work, and growth as a CPA. CPD activities are not required to be completed through CPA-BM. MYCPE ONE is a continuing education provider. Therefore, the courses listed on MYCPE ONE for CPAs in Canada are eligible to fulfill Canadian CPA CPD requirements. However, we have not been explicitly approved by Canadian CPA bodies.
