What is professional development in CPA

Professional development during the crisis

1. When deciding whether a specific program is recognized, the primary consideration is that an educational event contributes directly to the professional competence of an IR.

2. Recognized educational events must:

a) contribute to the professional competence of the participants
b) state the objectives of the event, specifying the level of knowledge the participants should have achieved at the end or which level of competence should be demonstrated after the end of the program
c) state the requirements in terms of training or experience that are necessary for a meaningful visit to the event
d) be developed by persons who are qualified in the subject area and the teaching structure
e) offer up-to-date program content
f) be at a good technical level and be related to the generally recognized specialist knowledge (scope of knowledge) of an internal auditor.

The following general topics are accepted, provided they meet other event criteria for professional training:

1. Auditing and accounting
2. Management and communication (oral and written)
3. Computer science
4. Mathematics, statistics and their applications in the company
5. Economics
6. Commercial Law
7. Company-specific issues such as finance, production, marketing and human resources
8. Special sectors, e.g. public administration, banking or the utility industry

Activities other than those listed in this instruction may also be accepted if the IR can demonstrate that they add to the professional competence. It is the responsibility of the IR to justify whether this particular activity is acceptable and meets the requirements.

For professional training courses of at least 45 minutes are counted as full hours. For example, 90 minutes of ongoing training counts as two hours, but ongoing training of more than 45 minutes but less than 90 minutes only counts as one hour. Only hours with personal attendance in the course or recognized self-study are permitted. For meetings and congresses whose individual sections last less than 45 minutes, the sum of all sections is to be regarded as an educational program. For example, five lectures of 30 minutes each result in 150 minutes and count towards three hours.


IR exams:
For the IR exam, 40 hours of continuing education are credited, 20 hours in the year in which the exam is passed and 20 hours in the following year.

Initial and continuing education:
As part of educational measures, a maximum of 40 hours of continuing education can be credited for each two-year period to be reported. Educational activities include:

a) Technical training and further education programs, e.g. seminars and conferences organized by national and international organizations responsible for auditing and accounting
b) Technical meetings at conferences of national and international organizations responsible for auditing and accounting as well as DIIR working group meetings and DIIR experience days
c) Official in-house training programs
d) Programs from other organizers (industry associations, professional associations, etc.)
e) Events at technical colleges or universities that relate to auditing and accounting (depending on the hours held)
f) Other passed exams, for which corresponding certificates are issued:

  • A maximum of 40 hours can be credited in the year in which the exam is passed.
  • 20 hours are credited for successfully completing each part of another accounting or auditing examination (e.g. examination for CPA or CA).
  • In the case of other successfully completed exams for which the relevant certificates are issued, the number of hours of further training to be credited must be requested from the institute.

g) Official distance learning and self-paced internal audit programs that include proof of completion.

Publications:
A maximum of 20 hours of further training can be credited for publications in each two-year period. In general, two hours of training should be credited for a full, single-line page in a magazine. The following limitations apply to a publication:

a) Books - 20 hours
b) Article - 20 hours
c) Scientific papers - 20 hours.

The contributions for the publications must relate to the internal auditing or to areas of knowledge that are linked to the generally recognized specialist knowledge (scope of knowledge) of an internal auditor. Published articles or books that do not directly relate to internal auditing are accepted if the IR can demonstrate that these activities contribute to their professional competence in auditing.

Lectures:
A maximum of 10 hours of further training can be credited for lectures in each two-year period.

a) The registered hours for the first lecture are based on the duration of the lecture plus a surcharge for the preparation time, which is three times the lecture duration.
b) Later lectures on the same topic can only be registered with the duration of the lecture, up to a maximum of 10 hours of further training in each two-year period.

Participation:
A maximum of 10 hours of further training can be credited for participation in DIIR working groups in each two-year period.
A maximum of 25 hours of further training can be credited in each two-year period for:

a) Participation as a leader or member in committees of organizations related to internal auditing; one hour of further training is credited for every hour of qualified participation
b) Participation in a quality assessment by an internal auditor; For every hour spent on site, one hour of further training is to be taken into account. No further training hour is taken into account for the preparation time required for this and the writing of the report.

Exam:
The institute can check the documents of the IR and / or the course organizer in a form it deems suitable in order to determine compliance with the requirements made known in these instructions. The possible sanction for submitting incorrect information is the withdrawal of the IR job title.

Adopted on September 30, 2010, Frankfurt am Main
Updated on May 25th, 2020