Continuing professional development
ICAEW requires all its insolvency licence holders to continue to develop their expertise and professional skills. Our aide memoire will help you fulfil that requirement.
There's no requirement to complete a specific amount of ‘structured’ CPD (ie, attendance on courses). Instead, insolvency licence holders are expected to plan their own programme of development activities to enable them to ensure that they have the knowledge and expertise to fulfil their role and responsibilities as an insolvency practitioner.
ICAEW members are required to provide an annual declaration of CPD compliance for each year ending on 31 October. The declaration asks members to confirm that they have reflected on their responsibilities, undertaken appropriate learning and development activities as necessary, and considered the impact of those activities, on an ongoing basis.
If you're an insolvency affiliate licence holder, you don't have to provide an annual declaration but you're still required to keep a record of all CPD you have undertaken.
To help you plan your CPD, we've produced an aide memoire of recent insolvency-related technical changes.