Chartered Professional Accountant (CPA) is a designation given by the Chartered Professional Accountants of Canada (Canadian CPA) to individuals who pass the Uniform CPA Examination and meet the education and experience requirements. The CPA designation helps enforce professional standards in the accounting industry. CPA (Chartered Professional Accountant) is the highest accounting credential in Canada. CPA ensures global recognition for accounting & finance professionals.
CPAs are admitted to the profession through their Provincial Institutes. These bodies are responsible for establishing and administering the qualification process, admission criteria, and performance standards within their jurisdictions. The Canadian CPA's role – in concert with all provinces, and territories – is to develop and maintain consistent, uniform standards for the profession's qualification process. These standards ensure the portability of the CPA’s designation across Canada and internationally through various mutual recognition agreements.
CPA ALBERTA CPD REQUIREMENT OVERVIEW
| CPD Requirements | 120 hours over a three-year rolling cycle (current year and prior two years), of which 60 hours must be verifiable. Each member must complete a minimum of 20 hours of CPD annually of which 10 hours must be verifiable. |
| License Renewal Period | Renew your license by March 1st annually |
| CPD Reporting Cycle | CPD reporting is based on the calendar year. CPD reporting for Alberta CPA is from January 1 to December 31 each year. |
| Ethics Requirement | 4 verifiable hours in the area of professional ethics |
All members are required to make a CPD Declaration annually, regardless of any previously declared exemptions or change of employment status. Each member must complete 120 hours over a three-year rolling cycle (current year and prior two years), of which 60 hours must be verifiable. Each member must complete a minimum of 20 hours of CPD annually of which 10 hours must be verifiable. Many of our programs in Live and Self-Study are eligible for CPA CPD requirements Alabama.
Here is a link to Canadian CPA packages which will provide you with professional development in various fields like financial reporting, Domestic & International Taxation, Fraud & Risk Management, Information Technology, Leadership skills and development, and business in one go.
CPA Albama Ethics Requirement-
CPA Alberta needs to renew their license by March 1st annually.
CPD reporting is based on the calendar year. CPD reporting for CPA Alberta is from January 1 to December 31 each year.
Save $20 on Auto Renewal
Competencies include technical and enabling and are not limited to financial activities.
Technical competencies:
Enabling Competencies:
If you do not comply with CPD requirements, then
Verifiable CPD
Unverifiable CPD
myCPE provides a package for Canadian CPAs that will satisfy various professional development requirements for CPA professionals, including on-demand webinars on financial reporting, Domestic & International Taxation, Fraud, and risk Management, Information Technology, Leadership skills and development, and business. This CPD package comes in a variety of CPD bundles such as 10 CPD, 20 CPD, and 40 CPD for different subject areas like Taxation, Financial Reporting, Tech-Focused, and Excel, helping CPA Canada in their professional development eligible to meet CPA Alberta requirements.
CPA Alberta members must keep a 5-year record of their CPD activities as well as supporting documentation that provides third-party verification of the CPD learning activities. The Registrar can request to review your CPD log/record and supporting documentation at any time. It is your responsibility to ensure that you have a copy of your CPD log and sufficient supporting documentation in order for your learning activities to qualify as verifiable learning.
Your CPD log must provide:
Every member must make a CPD declaration each year, not everyone must participate in CPD learning activities. The requirement to continue to take CPD activities, even when retired, is solely dependent upon what you are doing during your retirement years. For more information on how to report your CPD if you are retired.
CPA Alberta is required to pay full fees ($ 706) if:
CPA Alberta is required to pay affiliate fees ($ 232) if:
CPD providers are not required to be approved by any organization to offer CPD hours to Canadian CPAs as long as the activity offered by them allows CPAs to develop and maintain professional competency to enable them to perform their professional role, it will qualify for CPD. Therefore, the courses listed on myCPE for CPA in Canada are eligible for fulfilling Canadian CPA CPD requirements. However, we are not specifically approved by CPA Canada.
CPA Alberta does not pre-determine how much CPD is gained at an activity, nor does the organization pre-determine what qualifies as CPD for each CPA. CPA Alberta follows the International Federation of Accountants (IFAC) criteria for CPD and is working towards harmonizing exemption and qualifying activities for verifiable and non-verifiable CPD with provincial CPA organizations across Canada.
For further guidance, we have provided details for “QUALIFIES FOR” on each page of the courses about Approval/Qualifications of CPD Credits for your reference. Webinars that qualify for CPA in Canada meet the standards for CPA Alberta (Chartered Professional Accountants Alberta). The courses listed on myCPE for CPA in Canada are eligible for fulfilling Canadian CPA CPD requirements. However, we are not specifically approved by CPA Canada.
