October 27, 2023
The Merchants | Vol. 5, No. 1 (2018)
PDFAbstract
This research aims to identify the effect of Continuing Professional Development (CPD) towards salary, professional networks, competence, promotion, ethics, and attitude of Certified Public Accountants (CPAs). The Continuing Professional Development Council for Accountancy has been required to implement mandatory CPD schemes for the renewal of license of CPAs to make it consistent with International Education Standards. In this context, this research explores whether the mandated program would be advantageous or burdensome to CPAs. The findings of the study are useful in improving the policies and programs related to CPD in the Accountancy profession. Also, it will be useful in understanding CPAs’ views and experiences about CPD activities, exploring the differences in CPAs’ perceived professional development needs in CPD domains, as well as understanding factors that affect their participation in CPD. The recommendations are meant to improve future researches about CPD and enhance the capacity of the training service providers in developing programs that are efficient, effective, and beneficial.
Keywords: continuing professional development, CPA, career advancement