7. ORGANISATION AND MONITORING
7.1 The organisation of CPE will be undertaken by the CPE Committee which will have the responsibility for the overall coordination of CPE activities. With respect to the establishment of standards for CPE programmes, the CPE Committee will liaise closely with the Accounting and Auditing Standards Committee, the Tax Committee, and the Legislation Committee, or any other relevant Committee to ensure that appropriate standards are established for CPE programmes. Some of the approaches to be used for providing CPE programmes will include:
i) The use of suitably qualified members to present courses arranged by the CPE Committee.
ii) Collaboration with other tertiary level educational institutions, management associations, Government departments, private sector training institutions in the organisation of specific courses.
iii) Co-operation between other member bodies of ICAC.
iv) Many members will be able to undertake part of their CPE activities through “internal” courses organised by practicing firms or within the area of industry, commerce and the public service.
v) Use of research, documentation, audio and video cassettes and other material developed by member bodies of IFAC for their own CPE programmes.
Monitoring
7.2 The objective of the system of monitoring participation in CPE is two-fold:
i) To provide members with a motivating factor and an element of self discipline;
ii) To provide the Institute with information on which it may base any future decisions regarding policy in the area of CPE.
System of Monitoring
Non-Institute courses organised as part of the structured learning requirement should be approved by the Institute.
7.3 The data issued to members should include an indication as to its time value for CPE purposes. Members attending such courses should be given some evidence of attendance.
7.4 The accounting profession is a dynamic one, operating in an environment of change and, for this reason, the CPE arrangements will be reviewed periodically.
