CPD in the Governance & Compliance Industry
Governance and compliance professionals are expected to keep their skills current through continuing professional development (CPD). Members of the Chartered Institute of Internal Auditors (IIA) complete 40 hours of continuing professional education a year, and members of the Association of Corporate Treasurers (ACT) complete ten CPD units per year. This page explains the CPD requirements in governance and compliance and lists CPD-accredited training providers for the sector.
CPD accreditation in the Governance & Compliance industry has thus become a significant marker of excellence. CPD equips governance and compliance experts with the insights needed to navigate intricate regulatory frameworks and to make informed decisions that minimize legal risks. It nurtures a culture of proactive vigilance, where professionals can anticipate compliance challenges and design effective risk mitigation strategies.
Switching focus to the Governance & Compliance industry, the significance of CPD remains steadfast. Moreover, CPD enhances professionals' communication skills, enabling them to effectively engage with stakeholders and foster a culture of transparency and accountability. By staying current with industry standards,
CPD ensures professionals can enact and advocate for policies that promote a
robust ethical environment.
CPD is the bedrock of Governance & Compliance, empowering professionals to navigate ever-evolving regulations, cultivate ethical cultures, and proactively manage risks. It's the compass guiding professionals in safeguarding organizational integrity.
The CPD Requirements
From The Professional Bodies, Associations, and Institutes for Practitioners in the Governance & Compliance Industry
CHARTERED INSTITUTE OF INTERNAL AUDITORS (IIA)
As a member of the IIA, all members are required to maintain and improve their knowledge, skills and other competencies throughout their careers. Their lifelong learning policy is termed 'CPE' - continuing professional education, rather than CPD. Members are expected to do 40 hours of CPE per year and expect directed and self-directed learning activities to be undertaken. CPE evidence should be retained for three years and the IIA will continue to monitor CPE activity and could ask to see the evidence.
ASSOCIATION OF CORPORATE TREASURERS (ACT)
The ACT expect their members to undertake and record regular CPD training activities. Subject to some exemptions, all practitioners must complete ten units of CPD between 1 April and 31 March each year. At least one unit must be completed in each of four core areas.
EUROPEAN ASSOCIATION OF CORPORATE TREASURERS (EACT)
The European Association of Corporate Treasurers (EACT) is a not-for-profit organization bringing together as its members national treasury and finance professional associations (NTAs) in Europe.
Some of Our CPD Accredited Governance & Compliance Training Providers
BECOME CPD ACCREDITED
Sell more training and enhance your reputation by joining the internationally recognised CPD Standards Office.
Become a trusted provider in the Governance & Compliance industry by gaining a badge of quality to your training offering.