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2.1.6 THE LIA CPD TABLE OF COMPETENCES (TOC)
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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. |
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