1. General Information
    • It is the responsibility of every professional accountant to keep their knowledge and v skills up to date so that they remain competent to discharge their duties.

      As of 1st January 2005, all professional accountants who are members of LIA are required to engage in mandatory CPD activities in order to improve and or maintain their competence. The LIA CPD policy is in compliance with IFACs IES7. Members are advised to familiarise themselves with the LIA CPD policy document is provided free of charge to all members [1][1][1].

      Only one copy is given free of charge to each member, subsequent requests for copies will be charged to members at cost of copying. 

  2. The LIA CPD Programme

    LIA has developed its CPD programme guidelines to assist each member to fulfil the annual CPD requirements and to minimise confusion or uncertainty on how to submit CPD log books and related evidence.

    The following steps are recommended for fulfilling CPD and submitting evidence.

    1. Step 1: Determine the learning needs before engaging in CPD activities
      • Each member is advised to reflect on what kind of competence they need for their current job. These are the professional and personal skills that need to be developed or maintained in order to perform competently in their current and future professional roles.
      • The following Table Of Competence (TOC) has been devised to assist members in determining their own required competences. It is worthy to note that each group of competences may have a direct (specific) relevance to a members current role or a general relevance.
      • A competence has specific (direct) relevance whereby a members current professional role requires them to have that particular skill, professional attribute or knowledge in order to discharge their duty. For instance, knowledge of the accounting standards would be directly relevant to those accountants who prepare company accounts or audit such company accounts.
      • On the other hand, a competence is deemed to be of general relevance if does not directly relate to the role or responsibility of that accountant but might be directly relevant in the future or is desirable to keep abreast of developments in the area. E.g. knowledge of accounting standards might be of general relevance to all members for keeping them abreast of changes. While strategic management might be of general relevance to accountants whose future career progression might lead to management level.
      • Each member may need a number of professional competences that need to be developed or maintained. This could lead to all 5 groups being of specific or general relevance. In such instance a member is advised to prioritise their learning needs but still strive for balance in getting the required competences.


TOC Grouping
Competence to be developed or maintained
Specific Relevance
General Relevance
Group 1
Professional ethics
All professional

Group 2
Technical: Taxation, Auditing, Financial management, Financial accounting
Work related
All professionals
Group 3
Management: strategic & operational management, leadership skill, change management, HRM, project management
Work related
Professionals with possible future responsibility in this area
Group 4
Specialist areas: IT, Marketing, HRM, Law, Business economics
Work related
Professionals with future responsibility or overlaps
Group 5
Others: Business awareness, communication, interpersonal, relevant personal development

All professional

2.1.7 The following proportions on CPD hours/activities should be observed to maintain a balance of competences (TOC Groups) developed in a CPD period.

    • Group1 => Mandatory 10% i.e. 4 hours of CPD activity must be done
    • Group 2-4 => Minimum 80% i.e. At least 32 hours in these TOC groups
    • Group 5 =>Maximum 10% i.e. CPD not exceeding 4 hours

2.2 Step 2: Assess the CPD hours required for the period

2.2.1 Each member is required to fulfil 40 hours of CPD per calendar year. The 40 hours may be fulfilled in a number of activities spread out over the year and even from previous years.

2.2.2 At least 28 hours should be CPD from "structured" activities[1][1]. Up to a maximum of 12 hours may be earned from unstructured activities[2][2].

2.2.3 The whole 40 hours p.a. may be in the form of structured CPD activities but cannot be less than 28 hours p.a.

2.2.4 Excess CPD from structured activities may be carried forward to the next CPD periods, up to the 3rd year only e.g. excess structured CPD from the year 2005 may be carried forward only up to 2007.

2.2.5 Excess CPD from unstructured activities cannot be carried forward.

2.2.6 At least 20 hours of the structured activities should be earned in the current CPD period i.e. excluding CPD brought forward.

2.2.7 Members pursuing a long term study (lasting at least one year) and leading to further qualification in relevant areas per the TOC are allowed the maximum 40 hours per annum in lieu of Structured CPD activity. A further 20 hours maximum may be carried over on completion of study into the subsequent CPD periods but this is subject to the 3 year restriction (see 2.2.4 above). Evidence of results, transcripts or confirmation from Institution of learning is required.

2.3 Step 3: Plan and pursue the CPD activities that will fulfil the learning needs and hours required

2.3.1 Once a member knows what kind of competence they need to develop or maintain, they can identify the activities that will enable them to fulfil the CPD obligation.

2.3.2 There may be many activities that a member identifies but these are classified into the following two types.

2.3.3 Structured activities

At least 28 hours of this type of activities are required. Examples of structured CPD include the following;

  • Attendance at courses, seminars, conferences, workshops and briefings,
  • Distance, online and open learning study programs and long term study leading to further qualifications,
  • Delivering presentations at courses, conferences or seminars
  • Serving on technical panels, organised and monitored discussion groups and forums,
  • Writing technical and business articles

2.3.4 Unstructured activities

Up to a maximum of 12 hours p.a. of this activity may be earned. Examples of this unstructured CPD activity may include the following;

  • Reading technical and business material
  • Following financial and business matters in print and media
  • Researching technical or business issues from printed material, internet or field research.
  • Mentoring and coaching

2.3.5 In order to ensure quality of CPD provided, members are advised that CPD activities undertaken should be that provided by LIA, recognised institutions of Higher Learning and other reputable organisations.

2.3.6 LIA reserves the right to accredit certain CPD providers or to reject CPD provided by any organisation.

2.3.7 In all of the above activities, relevance is still important in order to ensure that members are engaged in CPD activities that will benefit them in discharging their duty.

2.4 Step 4: Measuring the CPD activity hours

2.4.1 Once CPD activities have been pursued it is important to measure the appropriate hours for the CPD for submission to the Institute for recognition and monitoring of CPD activity undertaken.

2.4.2 In structured activities, the number of hours that may be credited for the structured CPD is the time spent on the activity, except for writing technical and business articles, where the maximum time that may be claimed is 3 hours per article written.

2.4.3 For unstructured activities, the time that may be credited for reading technical and business articles and reading financial and business matters for research or knowledge is 5 minutes per A4 sized page written in 14 point text or less. Maximum time that may be credited per article is 1 hour (i.e. 12 pages).

  • Articles that are longer than 12 pages (A4 size) can only be credited with the maximum of 1 hour of CPD.
  • Articles in larger or smaller sized pages should be converted into equivalent A4 sized pages e.g. A3 size page = 2 A4 size page, A6 page =  A4 size page.

2.5 Step 5: Recording, retaining and submitting evidence of CPD activities

2.5.1 Members are advised to continuously update their CPD records (summary log book and evidence log book) after each CPD activity.

2.5.2 Each sheet of the evidence log book has to be filled in for each CPD activity. The evidence sheet allows for some reflection on the CPD activity undertaken. This should enable the member to identify the learning gained from the activity and its relevance to their required identified competence from step 1.

2.5.3 The summary log book enables the Institute to monitor compliance to CPD and is the first reference point on the CPD activities undertaken by members and where was CPD gained from.

2.5.4 In addition to the above, members are required to retain evidence of CPD undertaken. The evidence will depend on the CPD undertaken but may include course agenda, attendance confirmation, minutes of meetings, results of tests, office records, references of articles read or written etc.

2.5.5 Finally, members have to submit the summary log book to the institute for review every six months. The submission deadlines are as follows;

  • Mid year submission latest by 15th July every year
  • End of year submission latest by 15th January the following year

[1] Also refer to LIA CPD Policy for description of structured activities.

[2] Also refer to LIA CPD Policy for description of unstructured activities.


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Our annual conference will be held this year for all accountants and professionals alike.

The Lesotho Institute of Accountants (LIA) was established by the Accountants Act of 1977, which gives the institute the mandate of regulating the Accountancy practice in Lesotho

This responsibility can farther be broken don into the following functions: 

The Lesotho Institute of Accountants (LIA) was established by the Accountants Act of 1977, which gives the institute the mandate of regulating the Accountancy practice in Lesotho



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