Requirements


The mandatory CPD requirements for members of CPA Nova Scotia have been aligned with the International Federation of Accountants’ (IFAC) CPD standards.  

Continuing Professional Development requirements in CPA Nova Scotia's Bylaws  govern CPD for all members. 

Every member, unless exempted, will be required to file a compliance report, verifying that they have met the standards for CPD. The minimum amount of Continuing Professional Development that a Member must complete, unless they met exemption or reduction requirements, is as follows:

  • 20 hours each calendar year, of which 10 hours are verifiable; and
  • 120 hours in every rolling three-year calendar period, of which 60 hours are verifiable;
  • Effective January 1, 2017 a minimum of 4 hours of verifiable CPD in professional ethics in each 3 rolling year-three calendar year.  See prescribed CPD policy.

If the Member has a Public Accountants Board of Nova Scotia license to perform audit engagements, they must undertake CPD related to public accounting, and will be required to complete an annual self-assessment and declaration in accordance with national guidelines which have been established to address IES 8 – Professional Competence for Engagement Partners Responsible for Audits of Financial Statements. See prescribed CPD section in CPD Policy. 

The compliance report is due annually on March 31st, and the first report is due March 31, 2017.  The three year rolling cycle is based on the calendar year, with the first cycle beginning in 2016 and ending in 2018. The second three year rolling cycle will begin in 2017 ending in 2019. To be clear, the first compliance report will be due March 31, 2017 based on the CPD activities completed in the 2016 calendar year.