A– Audit Preparation Nobody is exempt from a CPD audit.


If you don’t believe me read Kim


Rowan’s story on page 15. Kim is an employee of Chartered Accountants Ireland and works in the Tax Department. Kim had a CPD audit in 2011. No-one is exempt.


There are many circumstances in which your record of CPD could be inspected; on renewal of a practicing certificate, on applying for a new registration/authorisation, on receiving a complaint against you or your firm or just a random selection.


Be prepared. Preparing for a CPD audit is no different to preparing for any other audit.


amount of time devoted to doing the preparation can save a lot of pain and anguish.


Don’t let a CPD audit hit you like a bolt of lighting!


Now to get things in order...


It’s all about the preparation. As we have seen a small


So what should I do? • Set aside some time to plan your annual CPD – get it into your diary early in the year.


• Create a simple template on word or excel to keep a record of all your CPD


• Consider carefully your declaration of compliance. Bear in mind that whatever you state on your declaration must be verifiable.


• If you attend Institute events, keep the technical papers. • If you a read a relevant article in the press, scan it and keep a copy of it.


• Familiarise yourself with the guidance notes on the CARB website.


• Ring your Institute, we can help. 8 Survival Guide to CPD


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