Continuing professional development (CPD) is a mark of professionalism.

Clients, banks, state agencies, SMEs, and the public rely on the work of Business Accountants precisely because they are committed to life-long learning.

Summary of CPD Structure

Summary of cost-effective Subscription CPD Packages

Ad Hoc CPD Events

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Smarter accountants

Business Accountants that invest in their own development are aware of legislative changes and developments in the profession and are therefore better equipped to advise on and benefit from these changes.

Required by law

International best practice and local rules dictate that accountants shall commit to a specific number of hours in a year and reflect on their CPD learning. CIBA members are required to obtain CPD in the areas that they provide services to clients. Services should not be attempted without having CPD to ensure good quality. CIBA is required in terms of the Companies Regulations, 2010 and the National Qualifications Framework Act, 67 of 2008 to require members to do CPD, monitor their CPD points, and report findings to authorities. The CIBA CPD program has been developed in line with the International Education Standard 7 issued by the IAESB and IFAC.

CIBA therefore requires the following CPD hours per designation (applicable for both South African and Namibian members):

• Associate CIBA members that hold no other designatory letters: 10 CPD Hours per annum (5 Verifiable, 5 Non-Verifiable)
• BA(SA): 20 CPD Hours per annum (10 Verifiable, 10 Non-Verifiable)
• CBA(SA): 30 CPD Hours per annum (15 Verifiable, 15 Non-Verifiable)
• CFO(SA): 40 CPD Hours per annum (20 Verifiable, 20 Non-Verifiable)
• BAP(SA): 40 CPD Hours per annum (30 Verifiable, 10 Non-Verifiable)

The CIBA CPD Policy

The CIBA CPD Policy details how CPD works, what CIBA considers and will accept as CPD, and how to keep record of your CPD.

Go to Policies and Forms to download the CIBA CPD policy.

My CPD Plan

My CPD Plan provides a structured approach to planning your CPD events for a particular year. CPD is a tool that you can use to help you achieve your business and professional goals. But you can only achieve your goals if you plan for them and monitor your progress.

Go to Policies and Forms to download the CIBA CPD policy.

The Official CIBA CPD Platform

CIBA members obtain their CPD hours exclusively from www.saiba.academy. CIBA Academy is the official CIBA CPD platform for CIBA members.

CIBA follows a four-tier CPD structure:

We offer 5 CPD subscription options that consist of legislative, accounting and tax updates in five affordable packages:

CIBA Academy delivers exclusive CPD for CIBA members, and collaborate with various professional bodies, associations, and providers to make CPD available to you that is both comprehensive, affordable, and internationally comparable.

Finding the right CPD for you is simple – explore your CPD options on www.saiba.academy.

CIBA only recognises CPD obtained from our official CIBA CPD platform -  www.saiba.academy. If you don't do your CPD with us and log your CPD hours within your CIBA membership profile, your CPD points or hours may not be recognised. Make sure you only do CPD at  www.saiba.academy or phone CIBA to confirm if your CPD provider is accredited by CIBA.

Core CPD

Core CPD includes “How to” guides and topics that demonstrate the practical application of operational processes and administrative procedures within the accounting function. It is helpful for experienced as well as newly qualified accountants and ensures industry wide adoption and standardisation improving quality and speed of deployment.

CORE CPD is part of CIBAs holistic approach to CPD for members. Career growth is not linear a fluid succession of jobs, different functions, and ever-changing software applications. That means our CPD should also be fluid.

The successful completion of an assessment within certain units contributes between 30 min to 3 hours CPD. In total the Core CPD will award at least a minimum of 15 hours CPD per year.

A variety of topics are included, herewith a list of certain topics:

1. Statutory registrations (SARS): How to guides to SARS eFIling
2. Statutory registrations (CIPC: A practical guide to the Companies and Intellectual Property Commission
3. Statutory registrations (SDL): A practical guide to Skills Development Levy
4. Statutory registrations (UIF): A practical guide to Unemployment Insurance Fund
5. Statutory registrations (WCA): A practical guide to Workman’s Compensation
6. How to market your business and yourself
7. Drafting workpapers for Financial Statements
8. How to set up a chart of accounts, journalise transactions, perform adjusting journals that enhance understandability and decision making
9. How to perform accounting officer and review engagements
10. How to apply for government business grants for your clients
11. How to add advisory services to your firm (analysis, management accounting, insurance, performance management, estate planning, etc)
12. How to implement qualify management within your firm
13. How to become a financial planner
14. How to enter into a strategic alliance with a bigger firm
15. How to prepare engagement letters
16. How to issue client confirmation letters
17. How to reconcile accounting and tax calculations
18. How to set up a virtual practice
19. How to engage with government departments/agencies that regulate or support SMEs
20. How to use time effectively
21. How to prepare financial statements for different type of entities

CIBA Academy

CIBA Academy delivers smart courses for CIBA members. Visit www.saiba.academy and see how we can help you remain compliant and relevant. CIBA Academy is structured to deliver four development streams:

1. Qualify as an accountant: for those that have a degree but not the required commerce subjects to qualify as an accountant in practice.
2. Maintain your skills as an accountant: for those that need CPD in a variety of topics related to accounting and tax updates, ethics, practice management, and business and technology.
3. Specialise as an accountant: for those that need to specialise as experts and earn a license from CIBA.
4. Mastering being a finance executive: for those developing into finance executives as FDs or CFOs.

Accredited CPD providers

We accredit CPD programs and work with leading providers to deliver a range of high-quality, affordable online CPD resources that you can access on demand.

Country Specific CPD

South Africa

See above.

Namibia

CIBA offers a CPD subscription package for our Namibian members with the aim to update members on changes in Namibian legislation and provide content on Namibian accounting matters, including accounting, taxation, law, practice management and auditing.