Twenty years ago you could safely complete a degree knowing that your qualifications will fuel your wages (that in turn fuel your lifestyle and desires) for the rest of your life. This is no longer the case. Changes in technology are partly to blame but so too are changes in legislation and workplace practices.
If you are an accountant, working in the finance or medical professions you would know about CPD (also called Continuing Professional Education – CPE). It’s a system of providing education for professionals to keep them up to date with what is going on in their professional and this is particularly important if your profession involves advising your clients.
CPD usually involves training seminars, short courses, watching online webinars and completing assessment tasks and each one of the tasks you complete give you a certain number of points towards your total yearly point requirement. Keeping track of your attendance or the results of an exam you did at the end of completing a short course are some ways of keeping track of these points.
Why do we mention it? Because it going to become VERY important if you want to be a professional bookkeeper.
As far back as 2008 the ATO was looking at ways of ensuring that Bookkeepers were included in changes in legislation as part of the Tax Agent Services Bill 2008. A workshop about tax professionals in the same year highlighted the importance of education for bookkeepers to keep up to date.
Bookkeeping and other industry associations
We have taught students how to use MYOB Bookkeeping software since the late 1990’s (read about our history here) and with features like LIFETIME student access and 5 MYOB courses for the price of 1 our courses have become very popular. In 2006 we closed our last physical training centre in Dee Why, Sydney to focus solely on online education for bookkeepers using MYOB accounting software. We now deliver Xero courses and are assembling an Intuit Quickbooks course plus always exploring other software programs and software services.
Since 2006 we’ve focused on the delivery of accounting software courses for the Bookkeeping industry particularly since the changing requirements of the ATO and Tax Practitioners Board. We’ve noticed that many other industry institutes and associations have Microsoft Excel as a course which can contribute to your CPD points so if you would like us to talk to your industry association about having our software courses made available for the CPE/CPD programs please drop us a line.
Points you can earn towards your CPD requirement
The number of points you can earn for a course is often dependant on how many hours it takes to complete the course. To help make this task clearer we’ve related the course duration to how long it takes in a classroom environment and you can read about it at these links:
Want to make our courses available to your members?
Do you work for an industry association or a business and want to explore ways of buying our courses in bulk to make them available to your members or clients at a discount? We have options where you can purchase courses on behalf of your clients/members of where they can purchase the course at a discount. Take a look at our Enrolment Voucher options and make contact to learn more.