FCCA FCCA Continuing Professional Development

Question 1

Under ACCA's CPD framework, how many CPD units must an ACCA/FCCA member complete each rolling year?

Accepted Answer

40 units

Answer

10 units

Answer

20 units

Answer

60 units

Question 2

What is the difference between 'verifiable' and 'non-verifiable' CPD under the ACCA framework?

Accepted Answer

Verifiable CPD can be evidenced with documentation; non-verifiable cannot

Answer

Verifiable CPD is free; non-verifiable is paid

Answer

Verifiable CPD counts double toward the annual target

Answer

Non-verifiable CPD is only for senior members

Question 3

Which of the following is an example of verifiable CPD for an FCCA member?

Accepted Answer

Attending an ACCA-approved webinar with a certificate of attendance

Answer

Reading a financial newspaper at home

Answer

Discussing accounting issues with a colleague informally

Answer

Reviewing internal company policies

Question 4

ACCA's CPD requirement is best described as which type of model?

Accepted Answer

Hybrid input and output-based model

Answer

Input-based model only

Answer

Output-based model

Answer

Qualification-based model

Question 5

An FCCA member who fails to meet their annual CPD requirement may face which consequence?

Accepted Answer

Disciplinary action and potential removal from the register

Answer

Automatic downgrade to ACCA membership

Answer

A financial fine only, with no other consequences

Answer

Loss of CPD credit for the next year

Question 6

Which of the following CPD activities would be most relevant for an FCCA specializing in US corporate taxation?

Accepted Answer

A course on the latest IRS regulatory changes

Answer

A seminar on UK GAAP updates

Answer

A workshop on EU VAT compliance

Answer

A lecture on Australian Accounting Standards