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3. LIA CPD PROGRAMME
The LIA CPD programme revolves around the individual
member’s learning needs in order to ensure that the CPD is
relevant to the member’s current and future professional
responsibilities.
Determining the learning needs
The LIA CPD requirement will rely on the reasoned
professional judgement of a member to determine the relevant
CPD programme to be undertaken. In order words each member
is expected to be able to determine the needs that are
relevant to develop and maintain his competence. However,
the judgement should be reasonable in that there should be a
correlation between the CPD programme and the general
current and future professional responsibilities of that
member.
In order to assist members to determine the relevant CPD
needs; LIA has developed the following Table Of Competences
(TOC) for members with different responsibilities. In each
TOC grouping, members should assess its relevance to their
current and future professional responsibilities and the
level of their competence in it against the required
competence to execute their responsibilities well.
This TOC will assist members to assess their current levels
of competence and identify or set targets for development or
maintenance of the competence.
THE LIA CPD TABLE OF COMPETENCES (TOC)
|
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 |
An example
Using the above skills grouping, a member whose work
primarily involves budgeting process and monitoring would be
expected to have a significant portion of their CPD in
activities that are in Group 2, but should also have
elements of CPD on say Group 1 and 5. But again if their
future responsibilities are expected to include project
management, then Group 3 may be deemed to be also relevant.
It is important to note that professional ethics is relevant
to all members. This is because LIA is committed towards
promoting the highest levels of professionalism and
integrity amongst its members underpinned by ethical
behaviour amongst its members.
The CPD approach
The objective of CPD is to assist professional accountants
to develop professional competence in order to provide
services of high quality in the public interest.
In pursuit of this objective, LIA has adopted the
input-based approach that sets the amount of learning
activity that is appropriate for a member to develop and
maintain competence. With this input-based approach CPD
undertaken is measured in activity hours.
Once a member has determined the required competences or
needs he should identify activities that will aid in
attaining or maintaining the competence or needs. A member
may need to engage in several activities to meet the demands
of the identified competence.
There are many learning opportunities that a member may seek
to fulfil their CPD needs including;
-
Attending short-term and long-term courses, workshops,
seminars and conferences,
-
Delivering presentations & business talks,
-
Research (field, internet, books, journals etc)
-
Publishing articles,
-
Reading business and technical journals, newspaper, online
media, books
-
Participation in relevant forums (e.g. LIA committees),
-
Coaching and mentoring
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