Personally, I have never agreed with that point of view. Hours based systems are only box- ticking if the individual in question chooses to engage with them in a cynical way. As Chair of ICAEW's Practice Assurance Committee, I certainly came across plenty of individuals who, when asked why they had not done any CPD, said: “I reflected on my current role and learning needs and concluded that I had none.”
Outputs-based seem inherently more liable to abuse.
ACCA have always adopted the inputs-based approach. Their members are required to complete 40 hours of CPD, 21 of which must be verifiable – where the learning activity is relevant to your career, applied in the workplace, and provides evidence that you undertook the learning. ICAEW has always had an outputs-based policy. Until now that is…. Under some pressure from the FRC, and after a consultation process with members, ICAEW has switched to an hours based approach. All members now have to complete a minimum number of CPD hours every year. This will include a mandatory annual ethics CPD requirement, and an overall number of hours of CPD, depending on which category of risk their work places them in.
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