Institute of Certified Bookkeepers

Keep a Compliant Record of All Your CPE Activities

Increasingly ICB are requested to attest to the amount of CPE being undertaken by the Bookkeeping community. This includes the TPB which is prepared to rely on ICB to check that members are meeting their CPE requirements.

Accordingly ICB will be enhancing its checking of your level of CPE and may also be requesting additional proof of CPE activity as part of your membership.

CPE Records

Maintaining the minimum CPE membership requirement of 15 hours per year, ensures that members are maintaining the highest possible level of competence and currency as a Professional Certified Bookkeeper. If you are utilising the ICB CPE register to keep a record of your CPE undertaken each year, this will give you the appropriate records to meet your membership requirement and any substantiation.

If a member is a registered BAS or Tax Agent, the use of the CPE register can also assist you in tracking your activities, should they need to be substantiated by the Tax Practitioners Board (TPB).

You can access the ICB CPE register by logging into the ICB website and entering the details here.

Features:

  • Track structured and unstructured hours.
    • Unstructured being those that are derived from activities such as reading and listening.
  • Automatic recording of ICB events such as Network meetings, webinars, and conferences. These will be automatically added to your register (once attendance has been confirmed).
  • Ability to manually add activities such as newsletter reading or non-ICB events. Set CPE goals with the ability to specify target hours over the required period – e.g. as a BAS Agent you would specify 45 hours over each 3 years.

Any education activity relevant to BAS services you provide that maintains, develops, or promotes your skills, knowledge, or attributes, is considered to be a continuing professional education (CPE) activity for the TPB as well as ICB. An education activity that is not relevant to BAS services, may still be recognised for your ICB CPE requirements. This might include software training, mental health first aid training etc.

Professionalism and respect are at the core of our industry. Being able to demonstrate to clients your ongoing training and knowledge means you and your clients enjoy a relationship formed on mutual trust and understanding.

Make sure that you stay on top of the latest issues and gain knowledge to excel in today’s dynamic work environment while meeting your CPE obligations.

ICB Continuing Professional Education includes links to ICB Webinars, Resources, Industry Training and Network Meetings.

A Reminder – What is CPE for BAS Agents?

The TPB states that any education activity relevant to the tax (financial) advice, Tax Agent or BAS services you provide that maintains, develops, or promotes your skills, knowledge, or attributes, is considered to be a continuing professional education (CPE) activity under their CPE policy. 25% of this education also includes technical and professional reading.

Number of CPE hours for BAS agents

BAS Agents should complete a minimum of 45 hours of CPE within a standard three year registration period, with a minimum of five hours each year.

If you have a condition of fuel tax credits on your registration, you should complete a minimum of six hours of CPE within a standard three year registration period, with a minimum of two hours each year.

If your registration period is other than three years, you should complete CPE on a pro-rata basis

The TPB has a full list of appropriate activities on their website.
See TPB for types of activities that are considered CPE

Resources

  • 23rd November 2021
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