If you do not meet the requirements for the annual, three-year rolling, or both, you must declare non-comply for the appropriate section. If a declaration of non-comply is made, you will be asked to provide information regarding your plan to bring you into compliance by the end of the next reporting period. The information provided must include:
- reason(s) why the minimum CPD requirements were not met
- written plan (including timeline) to bring CPD back into compliance
- listing of verifiable and unverifiable learning activities
- any extenuating circumstances that may prevent you from reaching full CPD compliance
If you require assistance creating an action plan, you may contact the CPA Alberta office for guidance.
It is important to fully consider your CPD learning activities for the current and prior two reporting years, and make a truthful and accurate declaration. If a false declaration is made (for example a member declares “comply” when in fact they did not comply with the CPD requirements), you will be immediately referred to the Registration Committee. The Committee may suspend, cancel or place conditions on the membership.
Failure to report CPD:
Failure to report CPD will result in financial penalties and the subsequent suspension and cancellation of your membership. Those members who fail to report CPD by March 1 of each year will be issued a penalty of $150. Failure to report and pay the penalty within 30 days will result in the member becoming suspended. Failure to report CPD and pay penalties within 60 days of suspension will result in the membership being cancelled and ineligibility for continuing registration.
Failure to maintain evidence:
Chartered Professional Accountants Regulation 17 (1) (b) requires that each member keep records of CPD completed annually for at least five years, and that CPD records must be made available to CPA Alberta upon request.