FCCA FCCA Continuing Professional Development 1

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

ACCA requires members to complete a minimum of 40 CPD units per year, with at least 21 verifiable 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 has supporting evidence (certificates, attendance records), while non-verifiable CPD is self-assessed without third-party documentation.

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

An ACCA-approved webinar that issues a certificate of attendance qualifies as verifiable CPD because it can be documented.

Question 4

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

Accepted Answer

Hybrid input and output-based model

Answer

ACCA uses a unit-based (input) model where members record hours, but it incorporates an output element by requiring members to reflect on learning outcomes.

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

Non-compliance with CPD requirements can result in disciplinary action by ACCA, up to and including removal from the membership register.

FCCA - Fellow of the Association of Chartered Certified Accountants Practice Test

FCCA - Fellow of the Association of Chartered Certified Accountants Practice Test

FCCA FCCA Continuing Professional Development 1