Continuous development is an essential factor in advancing your career as accountants. To become a global accountant, one needs to strive for professional (and personal) development.
The accounting landscape is changing everyday and it’s crucial for accountants to stay on top of these changes to provide quality services to clients. One of the ways to do that is to stay abreast on industry updates and another is to continuously enhance skills through training and seminars.
In this highly competitive market, accountants need to update their skills to remain relevant. Professional development is a must. That’s why the Board of Accountancy (BOA) is working hard to ensure that accountants do not neglect this need.
The Continuous Professional Development (CPD) Act is one such way to ensure financial professionals remain competitive. This aims to make sure Certified Public Accountants (CPAs) and other professionals regulated by the Professional Regulation Commission (PRC) are instilled with the right skills, knowledge and ethical values. This encourages constant learning as well. The CPD program will require accountants to earn points before they can renew their license.
CPD points are a valuable currency in this profession because it will:
- Ensure you can continually build the knowledge and skills necessary to stay competitive and succeed in the industry
- Offer transferrable skills
- Assist you in achieving your professional development and career goals
- Help you provide additional value to your clients
- Strengthen your brand
Earning CPD points can reinforce your credibility as a professional. As aforementioned, clients are more likely to trust someone who’s qualified–and have the proof to back it up–with their business.
Starting this year, BOA has mandated that accountants earn 120 units. You can earn these points by attending seminars and trainings, like the upcoming 72nd Philippine Institute of Certified Public Accountants (PICPA) convention.
Happening on November 23 -24, 2017, the convention brings together some of the prominent names from the private and public sector to conduct seminars on various topics which include:
- Current state and opportunities for the Filipino professional
- Effectiveness of audit committees
- CFOs’ readiness for the future demands of finance
- Restructuring the CPD program
- Best practices for quality control reviews
- Digital transformation of the accounting profession
- Tax planning
- Role of professional accountants in the business model of the future
These seminars offer accountants the opportunity to earn and increase their CPD points, not to mention important insights in the industry. For a few days, thought leaders and industry experts are under one roof. The insights and learnings to be gained from this event will definitely become valuable for advancing your career.
Any type of learning that develops your skills and adds to your knowledge will become part of your continuing development arsenal. This can only guarantee that you’ll continue to offer top quality services to your clients.
This year, the 72nd PICPA Convention, with the theme “SHINE: Service, honesty, innovation and nation-building through education” is happening from November 23 – 25 2017 at the Philippine International Convention Center (PICC).
TOA Global will be at booths 15 and 16. If you’d like to explore how much further you can bring your accounting career to, do drop by. We’d be happy to have a chat. See you!
If you are an accountant, bookkeeper or finance firm who want to explore opportunities for growth, join us at TOA Global. Check out the list of job openings and APPLY HERE.