CPE Requirements

To ensure that the Institute's CPE requirement is aligned with global standards and that of the International Federation of Accountants (IFAC), the Council of the Institute pursuant to the power conferred by section 10(a) of the Accountants Act, 1967 has recently approved the issuance of a new By-Law A-4 on CPE which is in compliance with the International Education Standards (IES) 7 issued by IFAC. With this introduction (see report above), the CPE requirements for all members will be changed to comprise 60 CPE credit hours of structured and verifiable learning and 60 CPE credit hours of unstructured learning for each CPE cycle regardless of the category of membership or nature of their practice.