myCPE
myCPE

CPD Requirements for CPA-BM

Know Your Requirement

CPA Bermuda CPD Requirements Overview

CPD Requirements120 hours over a three-year rolling cycle with at least 20 CPD hours every year.
License Renewal Period
The license renewal date is March 31 of the following year.
CPD Reporting Cycle
CPD reporting for CPA Bermuda is from January 1 to December 31 each year.
Carry-Forward of CPD
No, carry-forward of CPD is not allowed.
Ethics Requirement
4 verifiable hours in professional ethics.
Subject Area RestrictionA minimum of 20 CPD hours must be reported annually, of which a minimum of 10 hours must be verifiable learning.

Need guidance with compliance requirements?

Speak with our Compliance Advisor

Simplifying Regulations for 2025

CPD RequirementsComplete 120 CPD hours every three years, with at least 20 CPD hours every year.
Initial CPD HoursNew members joining CPA Bermuda from another international accounting body, or another provincial CPA body are required to complete the full CPA Bermuda CPD requirements in the year of admission. View more
Ethics Requirement4 verifiable hours in professional ethics. View more
Content RequirementA minimum of 20 CPD hours must be reported annually, of which a minimum of 10 hours must be verifiable learning. View more
Subject AreasClick here to check CPA-BM detailed approved FOS/ subject areas for CPD Credits.
Learning Modes100% of CPD can be through self-study.
Eligible Learning Activities

Eligible learning activities include:

  • Verifiable: Continuing Education, Instruction/Speaking (Max 5 Hrs), Committees, Research/Publications (Max 5 Hrs), Studying. 
  • Unverifiable: Technical reading, self-study of published materials; self-study courses; Research, including reading professional literature or journals and more.
CPD DeadlineThe license renewal date is March 31 of the following year.
Fast Track CPDOur Fast Track CPA-BM packages are expertly curated bundles that meet CPA-BM’s exact continuing education requirements. Save significant time selecting individual courses by choosing our comprehensive packages that cover all your CPD needs. View more
ReportingJanuary 1 to December 31 each year.
License RenewalFailure to report CPD or report a CPD Plan to remedy deficiencies by March 31, will result in a late fee of $50 and/or suspension. View more
Carry ForwardNo carry-forward of credits allowed.
Record RetentionMaintain records of completed CPD credits for 5 Years as they may be subject to audit by the state board. View more
Renewal FeesThe license renewal fee is $945. View more

Do MYCPE ONE Courses Qualify for CPD in the State of Bermuda? Yes!

CPABM defines CPD as learning that is relevant and appropriate to a member’s professional responsibilities, work, and growth as a CPA, and it is not required to be completed through CPABM. MYCPE ONE is continuing education provider and specialises in various learning formats, including - 

  • Live Webinar 
  • On Demand (Self-Study) Webinar 
  • Podcast

For convenient access to our courses, Click here to explore the MYCPE ONE course catalog. We offer an all-inclusive subscription model, similar to Netflix, where a single subscription gives you access to the most extensive online course catalog. Plus, our subscription rates are 60% lower than other platforms. Subscribe today!

Contact Information for CPA Bermuda

Chartered Professional Accountants of Bermuda 
Penboss Building, 50 Parliament Street, Hamilton HM12
T. 441.292.7479
F. 441.292.7479
E. info@cpabermuda.bm
Website: www.cpabermuda.bm

Disclaimer: We regularly update our website to ensure the information regarding CPA-BM CPD requirements is current and accurate. However, for your complete understanding and to ensure compliance, we strongly advise you to visit the official state requirement page for the most up-to-date and definitive information.

Get Started with Unlimited Learning

Select your plan, complete your payment, and access a world of knowledge.

Subscription Inclusions Silver Gold
13,000+ Hrs of CPE approved Content
tooltip

Largest content library covering all aspects of professional development.

500+ Emerging Subject Areas
tooltip

Wide range of subject areas tailored to meet diverse learning needs of all the department of the firm.

50+ State- Specific Ethics Courses
tooltip

Stay compliant with ethics requirements for every state.

50+ State Compliance Packages
tooltip

Pre-selected courses for quick compliance, saving time and effort.

100+ Advanced Certification Programs
tooltip

Expert-led programs to build advanced expertise and strengthen your career credentials.

AICPA Eligibility Programs (CFF, ABV, PFS)
tooltip

Pre-Packaged Eligibility Courses for AICPA designations such as PFS, ABV, and CFF, offering CPE credits upon completion.

Compliance Tracker and Credit Vault
tooltip

Store all your certificates in one place, stay compliance-ready with ease, and track your progress effortlessly using the built-in credit tracker.

Instant Certification and Fast Reporting
tooltip

Instant reporting to IRS, CFP Board, and other governing bodies.

Mobile App Access (iOS and Android)
Access to Communities
tooltip

Join communities tailored to your specific interests and areas of expertise.

Select Tenure

NEW YEAR
Sale Ends Soon!

Start Your Subscription 

Start your journey towards learning and compliance.

$299$199 For 12 Months

Start Your Subscription

$299$199/year

Secure unlimited access

Click Here

More Reasons to Subscribe

  • true true
    80% of Content Rated 4.5+ Stars
    High-quality content rated by professionals.
  • true true
    4X More Content at 1/3rd the Price
    Serious value compared to your regular provider!
  • true true
    Non-Sponsored Content
    Purely educational, unbiased content for your learning.
  • true true
    Monthly & Quarterly Updates
    Keeping you ahead of trends and changes.
  • true true
    Podcasts with Industry Leaders
    Learn and Earn CPE from experts on the go.

Frequently Asked Questions

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. Click here for more details.

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.

Click here to check CPA-Bermuda's detailed approved FOS/ subject areas 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. View more

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 CPABM. 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 CPA Canada.

Subscribed
Serena purchased a subscription.
Subscribed
Geliane purchased a subscription.
Subscribed
James purchased a subscription.
Subscribed
Barbara purchased a subscription.
Subscribed
Joy purchased a subscription.
Subscribed
James purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
Claire purchased a subscription.
Subscribed
Mindy purchased a subscription.
Subscribed
Adeleh purchased a subscription.
Subscribed
Sueun purchased a subscription.
Subscribed
Robyn purchased a subscription.
Subscribed
aziz purchased a subscription.
Subscribed
JONATHAN purchased a subscription.
Subscribed
Brandon purchased a subscription.
Subscribed
MARIBETH purchased a subscription.
Subscribed
Wendy purchased a subscription.
Subscribed
Abigail purchased a subscription.
Subscribed
Carol purchased a subscription.
Subscribed
Michelle purchased a subscription.
Subscribed
Karyssa purchased a subscription.
Subscribed
Anthony purchased a subscription.
Subscribed
Dale purchased a subscription.
Subscribed
Karen purchased a subscription.
Subscribed
Matt purchased a subscription.
Subscribed
Jennifer purchased a subscription.
Subscribed
Aisha purchased a subscription.
Subscribed
Glenn purchased a subscription.
Subscribed
David purchased a subscription.
Subscribed
Hadas purchased a subscription.
Subscribed
Mohammad purchased a subscription.
Subscribed
Amy purchased a subscription.
Subscribed
Evelyn purchased a subscription.
Subscribed
Charlotte purchased a subscription.
Subscribed
Matthew purchased a subscription.
Subscribed
Tera purchased a subscription.
Subscribed
Mingming purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
Martin purchased a subscription.
Subscribed
Russell purchased a subscription.
Subscribed
Yong purchased a subscription.
Subscribed
PAMELA purchased a subscription.
Subscribed
MELISSA purchased a subscription.
Subscribed
Sue purchased a subscription.
Subscribed
LaNita purchased a subscription.
Subscribed
Thomas purchased a subscription.
Subscribed
Karen purchased a subscription.
Subscribed
PETER purchased a subscription.
Subscribed
Amy purchased a subscription.
Subscribed
Brent purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
Lisa purchased a subscription.
Subscribed
Donald purchased a subscription.
Subscribed
swati purchased a subscription.
Subscribed
Amelia purchased a subscription.
Subscribed
darren purchased a subscription.
Subscribed
Holly purchased a subscription.
Subscribed
Mary purchased a subscription.
Subscribed
Manlovedeep purchased a subscription.
Subscribed
Harpinder purchased a subscription.
Subscribed
Thomas purchased a subscription.
Subscribed
Paul purchased a subscription.
Subscribed
Joe purchased a subscription.
Subscribed
Sireno purchased a subscription.
Subscribed
GEORGE purchased a subscription.
Subscribed
Christine purchased a subscription.
Subscribed
CURTIS purchased a subscription.
Subscribed
LATASHA purchased a subscription.
Subscribed
Cody purchased a subscription.
Subscribed
Amy purchased a subscription.
Subscribed
Breanna purchased a subscription.
Subscribed
Ahmed purchased a subscription.
Subscribed
Ben purchased a subscription.
Subscribed
Preston purchased a subscription.
Subscribed
Agnieszka purchased a subscription.
Subscribed
Muna Hanna purchased a subscription.
Subscribed
Wynter purchased a subscription.
Subscribed
Jonathan purchased a subscription.
Subscribed
Michael purchased a subscription.
Subscribed
THOMAS purchased a subscription.
Subscribed
Lori purchased a subscription.
Subscribed
Caoting purchased a subscription.
Subscribed
Kristen purchased a subscription.
Subscribed
Jude purchased a subscription.
Subscribed
David purchased a subscription.
Subscribed
Bryan purchased a subscription.
Subscribed
Davendran purchased a subscription.
Subscribed
Joe purchased a subscription.
Subscribed
Lisa purchased a subscription.
Subscribed
Emily purchased a subscription.
Subscribed
Alexander purchased a subscription.
Subscribed
Marvin purchased a subscription.
Subscribed
Dibbon purchased a subscription.
Subscribed
Chrystal purchased a subscription.
Subscribed
Margaret purchased a subscription.
Subscribed
Jill purchased a subscription.
Subscribed
John purchased a subscription.
Subscribed
Doris purchased a subscription.
Subscribed
Becky purchased a subscription.
Subscribed
Angelo purchased a subscription.