Professional Ethics Requirement Guidance and Examples

Members, unless otherwise exempt, must complete a minimum of four hours of verifiable CPD in professional ethics in each three year rolling cycle.

REQUIREMENT

Members, unless otherwise exempt, must complete a minimum of four hours of verifiable CPD in professional ethics in each three year rolling cycle.  

GUIDANCE

Continuing Professional Development (CPD) is learning that develops and maintains professional competence to enable members to continue to perform their professional roles. Any learning and development that is relevant and appropriate to a member’s work and professional responsibilities and growth as a CPA will qualify for CPD.

Professional ethics CPD is learning that specifically addresses professional ethics matters and/or professional conduct matters that are relevant and appropriate to the member. Just like other verifiable learning activities, the four hour ethics requirement can be fulfilled in a number of ways, including coursework (whether through a CPA body or other sources), and other relevant learning activities (including in the workplace). The 4 hours do not have to be obtained in one single program but can be accumulated through ethics components in any number of seminars or courses.

Course material must go beyond an awareness of the rules, standards or guidelines. The course must give examples or scenarios that show the application of the rules, standards or guidelines; present ethical dilemmas, models or theories of ethics; or the application of ethical decision making.

EXAMPLES

Professional ethics CPD can cover a wide range of topics related to ethics and ethical decision making. Examples of professional ethics topics include, but are not limited to, the following:

  • CPA regulatory updates covering the provincial CPA Act, By-Laws, Policies and Code of Professional Conduct
  • Regulatory updates that are relevant and appropriate to the member’s role or industry
  • Professional conduct
  • Corporate codes of conduct
  • Independence/conflict of interest
  • Ethical decision making, approaches, thinking  and case studies
  • Ethical business culture
  • Corporate social responsibility
  • Honesty in business practice
  • Bribery and corruption
  • Doing the right thing
  • Reputation and risk
  • Whistle-blowing
  • Anti-money-laundering