Guide to CPE

How to approach your CPE activity

The best way to approach your professional development is to link your CPE requirements to your organisation’s personal appraisal and development framework. That way, your CPE plan forms part of your annual development plan, which your organisation is committed to helping you achieve.

If it's not possible to do that then use the core competency framework to identify areas for development and set some objectives.

What counts as 'formal learning'?

Formal learning doesn't necessarily mean you need to attend lots of training courses. Learning can be via any means as long as you can show how it contributes to your professional competence. There are many no-cost activities and some of the things you do as part of your internal audit role may also count as CPE.

The overriding consideration in determining whether an activity is acceptable for CPE is whether it contributes directly to your professional competence as an internal auditor.

Activities include, but are not limited to:

  1. Attending courses, conferences, seminars and master classes

  2. Undertaking structured reading and research, including technical updates and guidance

  3. Working towards relevant qualifications

  4. Participating in external quality assessments (EQAs)

  5. Participating in, or leading, professional discussions or learning conversations

  6. Networking and sharing good practice with colleagues in the profession

  7. Leading meetings or projects

  8. Engaging in in-house training and development, by external trainers as well as by colleagues and peers

  9. Engaging in work-shadowing, job exchanges, professional placements and secondments

  10. Soliciting peer reviews and analysing feedback on own performance

  11. Receiving or giving mentoring and coaching

  12. Reflective practice, such as maintaining a journal

  13. Supported induction into new areas of activity, eg if you've been promoted or you're on rotation

  14. Contributing to the activity of relevant professional bodies and their committees

  15. Developing and producing technical papers, reports and other resources 

Collecting evidence 

It is very important that you record and collect evidence of your activity so that if you are selected for CPE monitoring, you can submit it easily. You should retain this information for three years. 

  • Collect certificates of attendance for events and training courses 
  • Keep a record of other CPE and get your line manager to sign it off

Your CPE record should describe the activity that was undertaken together with the number of points claimed. You should also note your aims and objectives, what you learned and how you did or will apply it. 

Our CPE record template will help you record the activity.

Recording points

CPE is awarded and recorded in points and, broadly speaking, one hour equals one point. There is some flexibility, so an hour is considered to be a minimum of 50 minutes. For example, 100 minutes of activity counts for two points of CPE.