CPD Regulations and Guidance Flashcards
How, if at all, are CIOT members required to certify their compliance with the Institute’s CPD requirements?
A declaration must be made every year to the CIOT
If you fall behind on CPD for one year, and you have been maintain records for years, can you average your hours to make up the shortfall?
You can average your CPD hours over a maximum of 3 years
For how long must CPD records be kept?
Three complete calendar years must be available at any time
You intend to use a conference you attended as a form of CPD, what records should you keep?
The date of the conference attended
The subject and provider of the tax conference attended
The relevance of the conference to your work
What are the 3 stages of CPD identified in the guidance issued by the CIOT and ATT?
Planning, undertaking, outcome
Over how many years can an ATT or CTA member average their CPD hours?
3
For how many years can the CIOT/ATT ask to see someone’s CPD records?
1
If you are a CTA and chartered accountant, will CPD organised for his CA count for CTA CPD?
This will count if relevant to work in tax
Does watching a podcast qualify for CPD?
Yes if relevant to tax
Does attending a lecture on contract law qualify for CPD?
Yes if relevant to your role
Does reading notes a colleague brought back from a conference count towards CPD?
Yes if relevant to work
Does a lecturer specialising in CGT have to undertake CPD if they do no other work?
Yes
True or false, a member who does not work in tax but uses the letters CTA on their letterhead has to undertake CPD
True
Do honorary members of the CIOT who do not provide taxation services have to undertake CPD?
Yes
Does writing or presenting a lecture on stamp duty tax qualify for CPD?
Yes provided it is relevant to your role
