In June 2006, the membership approved changes to the minimum continuing professional development (CPD) requirements which took effect on January 1, 2007.
The CPD Program consists of two distinct requirements, Reporting Requirements and Minimum CPD Hours.
Reporting Requirements
All members who have not been granted full exemption from annual membership fees (including non-resident members and members on caregiver leave) must file an annual reporting form by March 31, 2010, unless they meet specific exemption criteria.
Members who are fully exempt from annual membership fees and who serve as directors of or in oversight positions on public interest entities must assess whether those activities require ongoing CPD and report accordingly.
Non-resident members who are members of another Provincial/Territorial/Bermuda Institute/Ordre or an international accounting body with substantially similar CPD requirements must report to the Manitoba Institute that they have complied with the CPD requirements of the other Institute/Ordre or international accounting body.
Members must report details of their verifiable learning activities but need only report total unverifiable hours for learning activities. Members also must declare that they have met the minimum requirements outlined below. Please ensure that you keep supporting documentation for your reported verifiable learning activities for a four year period - your report may be subject to verification.
Failure to file an annual report by the stated deadline may result, in extreme cases, in an automatic suspension of membership.
Click here for a copy of the 2009 Reporting Form. Or you may file electronically using the Member Login.
Minimum CPD Hours
Members are required to complete minimum hours of CPD as follows:
- A minimum of 120 hours over a rolling 3 year cycle, at least 60 hours of which must be verifiable; and
- A minimum of 20 hours (either verifiable or unverifiable) annually
Remember that the three year cycle is a rolling cycle. For most members, 2009 is the last year of a cycle that started in 2007. It is also the second year of a cycle that started in 2008 and the first year of a new cycle that runs from 2009 through 2011.
Shortfalls from the minimum annual and triennial requirements will be reported to the Professional Conduct Committee in accordance with the Bylaws.
If you are uncertain of the requirements and how they might affect you, please refer to bylaw 901 on our website. In addition, our website contains information on the specific exemptions that have been approved and what constitutes verifiable and unverifiable learning activities. More...
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