CPE Requirements

In today’s technology-driven era, disruptive forces continue to alter the way we work, and the nature and type of our work. Professional accountants need to stay ahead of the curve by learning and adapting to changes in processes, technology, professional standards, regulatory requirements, employer demands, and other areas. 

CPE is important to keep you up to date with the latest trends impacting the industry, acquire new knowledge and skill sets in emerging areas, gain professional recognition in your field and achieve your professional aspiration.

CPE and lifelong learning are essential to protect public interest, support the performance of high quality services for clients, employers, and other stakeholders, and promote the credibility of the accountancy profession.

• Class-based training programmes cater to various domain knowledge areas such as Financial Reporting, Audit & Assurance, Banking and Finance, Business Management, Ethics & Professionalism and others.
• Live webinars and e-learning modules under our eLearning Space to provide members with virtual learning support and bite-size e-learning modules
• ISCA Breakfast Talk Series which provide concise learning sessions on business and accounting hot topics to help busy professionals stay in touch with the latest industry trends.
• The annual SAAC Series which hosts a series of conferences will provide members with detailed updates on the developments and issues surrounding key disciplines of accounting, auditing and assurance, big data and cyber security.
• The virtual COVID-19 Resource Centre with regularly updated content curated for accountancy and finance professionals
• ISCA’s centralised Knowledge Centre which provides relevant and useful technical resources aimed at empowering our members with knowledge in core and other disciplines.

• At least 30 CPE hours over a rolling three-year period, of which 15 hours must be verifiable.
• A minimum of 5 verifiable hours, including 2 verifiable hours of ethics, must be completed each year. Alternatively, you can also complete 6 verifiable hours of ethics over a rolling three-year period.

• At least 60 CPE hours over a rolling three-year period, of which 30 hours must be verifiable.
• A minimum of 10 verifiable hours, including 2 verifiable hours of ethics, must be completed each year. Alternatively, you can also complete 6 verifiable hours of ethics over a rolling three-year period.

Members who hold a specialisation credential (e.g. ISCA Financial Forensic Professional Credential) have to complete a minimum of 8 verifiable hours relevant to their specialised areas each year, which can be counted towards fulfilling  the CPE requirements of an Associate (ISCA).

• At least 120 CPE hours over a rolling three-year period, of which 60 hours must be verifiable.
• A minimum of 20 verifiable hours, including 2 verifiable hours of ethics, must be completed each year. Alternatively, you can also complete 6 verifiable hours of ethics over a rolling three-year period.
  

Members who hold a specialisation credential (e.g. ISCA Financial Forensic Professional Credential) have to complete a minimum of 8 verifiable hours relevant to their specialised areas each year, which can be counted towards fulfilling  the CPE requirements of a CA (Singapore) or FCA (Singapore).

• Same CA (Singapore) or FCA (Singapore) as above
• Compliance with ACRA's CPE requirements in respect of the application or renewal of the certificate for registration as public accountants.
  

Members who hold a specialisation credential (e.g. ISCA Financial Forensic Professional Credential) have to complete a minimum of 8 verifiable hours relevant to their specialised areas each year, which can be counted towards fulfilling  the CPE requirements of a CA (Singapore) or FCA (Singapore).

• A minimum of 8 verifiable hours relevant to the member's specialised area(s) must be completed each year

• On voluntary basis

Each rolling three-year period is the preceding three years from the year of renewal. For example, for your 2021 membership renewal, the CPE compliance declaration would cover the rolling three-year period from 2018 to 2020. For the purpose of audit, the CPE requirements commence from the next calendar year.

Examples of Verifiable CPE activities

• Attending seminars, talks or workshops
• Attending in-house training provided by your employer
• Attending online programmes or e-learning
• Studying for an MBA or other post-qualification programmes
• Preparing for and sitting for professional examinations
• Writing technical articles, papers and books
• Coaching or mentoring

Documents to support Verifiable CPE activities

Evidence of participation for these activities can be in the form of

• Certificate of attendance
• Invoice or receipts of course purchased / registered
• Attendance list issued by training organisation
• Minutes of meetings (for involvement in Board or Audit Committee meetings)
• Letter of endorsement issued by employer or training organisation