As members of CPA Alberta reach retirement, they may be uncertain what they need to do in order to maintain their CPA designation and membership.
It’s important to note that, while every member must make a CPD declaration each year, not everyone must participate in CPD learning activities. The requirement to continue to take CPD activities, even when retired, is solely dependent upon what you are doing during your retirement years.
For example, as members reach retirement, they might choose to participate in volunteer activities where they use the skills, knowledge and expertise that they gained as a CPA. In some of these volunteer roles, the other members serving on the committee, or the public may look to these CPAs for management guidance, financial oversight or expertise, business acumen and the like. In other words, these people continue to rely on the CPA, even though the member may be retired and serving in a volunteer capacity. Therefore it is important to better understand how CPD may possibly relate to you.
Please note the CPD exemption criteria have changed effective January 1, 2022. To determine whether or not you would be eligible for an exemption from participating in CPD learning activities, please refer to our CPD Exemptions webpage.
As every situation is different, if you are unsure if you qualify for an exemption, please contact our office (registrations@cpaalberta.ca) as we may be able to assist you in determining if you have a requirement.
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