CIMA PROFESSIONAL DEVELOPMENT

Claire Morton, CPD Manager

Sean Usher, Professional Standards Manager

AGENDA

• Outline how to meet your CPD requirements

• Explain the CPD monitoring process

• Highlight some of the products and services available to support your CPD

• Provide an opportunity to ask questions.

WHAT IS CIMA PROFESSIONAL DEVELOPMENT?

• CIMA professional development is the continuing professional development scheme for

CIMA members.

• Introduced in January 2006, it requires all CIMA members to learn throughout their

career in order to:

– Maintain their professional competence

– Develop their skills and knowledge

– Maintain the integrity and credibility of the qualification and the profession.

CIMA PROFESSIONAL DEVELOPMENT

• Q1 – What’s your motivation for learning?

a. To meet CIMA’s requirements

b. To plug gaps in my current knowledge/skills

c. To aid career progression

d. All of the above

WHAT DO YOU NEED TO DO?

• Take ownership of your CPD and focus

on activities that are directly relevant to

you.

• Use the CIMA professional development

cycle to structure your learning.

• Use the CGMA Competency Framework

to assess your development needs.

HOW MUCH DO I NEED TO DO?

• Q2 – true or false – you need to complete a certain number of hours/units each year.

FALSE

You don’t need to count hours or units

WHAT COUNTS AS CPD?

• Work based learning

• Project work

• Academic and professional qualifications

• Internal and external training courses

• Conferences and events

• Secondments

• Observation and feedback

• Local CIMA events

• Reading technical reports and journals

• Online learning

• Coaching and mentoring/being mentored

• Delivering training

• Research

• Discussion forums

What are your top three development priorities this year?

HOW DO I RECORD MY CPD?

• AICPA | CIMA Competency and Learning website - competency.cgma.org

• Employer accreditation scheme - cimaglobal.com/ctd

• CPD record form - cimaglobal.com/cpd

HOW IS IT MONITORED?

• CIMA professional development is a self-verification scheme – you don’t need to

complete an annual return

• A sample of members will be selected for monitoring each year

• Applying for an exemption

• 12 months (initially) but all members should keep their records for three years.

99.5% compliance

FREE CPD RESOURCES

• AICPA | CIMA Competency and Learning

website

• Business Source Corporate®

• CGMA magazine & newsletter

• CIMA code of ethics, resources &

helplines

• CIMA Insight

• FM magazine and app

• Global Management Accounting

Principles

• Harvard ManageMentor®

• Local events

• Thought leadership reports

For more resources visit competency.cgma.org

WHAT MORE

COULD WE DO TO

SUPPORT YOUR

CPD?

Take ownership of your CPD

Focus on activities that are directly relevant to you

You don’t need to count hours/units

Free resources are available to support your development.

RECAP

THANK YOU

CLAIRE.MORTON@AICPA-CIMA.COM