Continuing Professional Development (CPD)

Continuing Professional Development (CPD) Policy and Requirements.

Continuing Professional Development is an ongoing program of learning which empowers members to engage in learning activities to enhance their professional capabilities and competencies. In order to maintain public trust, and to uphold the reputation of the CPA designation, all members must continually update their professional knowledge. When determining CPD eligibility members should consider Rule 203 of the Code of Professional Conduct.


  • Every member must complete a minimum of 120 hours of CPD in structured/verifiable and unstructured/unverifiable programs in a period of 3 calendar years. At least half of the minimum required hours must be verifiable CPD hours (60 hours of CPD every three year period and 20 hours of CPD hours annually);
  • Verifiable CPD hours means all learning activities that result in evidence that the learning activity was undertaken;
  • Unverifiable learning activities do not result in evidence that the learning exists, such as technical reading, self-study, etc.;
  • All CPD must be reported by March 31st following year in which it was incurred to remain in good standing.

All CPA members shall retain documentation to support the verifiable learning activities. Such documentation shall be retained for five years after the completion of any particular year. The CPD hours could be audited. In those instances the CPA member would have to prove their CPD hours by submitting support documentation.

Rule 203 – Professional Competence

A member shall sustain professional competence by keeping informed of, and complying with, developments in professional standards in all functions in which the member provides professional services or is relied upon because of the member’s calling.


CPA Bermuda is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: