A CTA holder is required, during a year, to attend recognised seminars, in person, to obtain a total of 15 CPD hours of which at least 8 CPD hours should be on tax related topics. Seminars which are not tax related must be in respect of topics on accounting, finance, marketing, business, management, law or professional development.
A year is meant to be from 1 December of a calendar year to 30 November of the next calendar year.
Whether a seminar is accepted as a recognised seminar will be at the sole discretion of the Council of TIHK. The Council accepts, as a recognised seminar, an accredited or recognised seminar organised by accredited bodies. The accredited bodies are TIHK, Hong Kong Institute of Certified Public Accountants (“HKICPA”), Hong Kong Institute of Chartered Secretaries (“HKICS”), the Hong Kong Branch of the Association of Chartered Certified Accountants (“ACCA”), Hong Kong Bar Association, Law Society of Hong Kong, the Hong Kong Branch of CPA (Australia), The Society of Chinese Accountants and Auditors (“SCAA”), the Hong Kong Branch of Association of International Accountants and such other professional bodies accredited by TIHK from time to time.
In-house training is also acceptable. For more details, please refer to our website: www.tihk.org.hk/v2/cta/cpd_requirement_faq.
For the purpose of renewal of CTA certificate, in-house company training is recognised provided that member is able to provide objective verification by an independent source.
Reading journals, newspapers or other materials will not be accepted as attending recognised seminars to obtain CPD hours and no CPD hour will be recognised by taking such activities for the purpose of renewal of CTA certificates.
CPD hours obtained in recognised seminars in a year will not be accepted for the purpose of renewal of CTA certificates in future years. In simple words, there is no carry forward of CPD hours.
A CTA holder should keep records of completion of the accredited seminars which were organised by accredited bodies as those records may be required to be produced by the CTA holder for the purpose of verification of the recognised seminars attended and CPD hours obtained. The period of retention of these records by the CTA holder should be three (3) years from the date of signing the CPD declaration form by the CTA holder after the form is submitted by the CTA holder to TIHK.
Any CTA holder, who fails to submit the declaration form, or fails to obtain the required number of CPD hours in person from recognised seminars in a year or fails to produce upon request by TIHK records for verification purpose prior to, or for the purpose of, renewal of the CTA certificate will not be issued a new CTA certificate. Any CTA certificate issued upon receipt of and/or resulting from misleading, incorrect or false information will be cancelled upon resolution of the Council of TIHK; and any fee paid in respect of such CTA certificate will not be refunded. Any CTA holder, who without reasonable excuse has submitted misleading, incorrect or false information for the purpose of renewal of a CTA certificate, will be subject to disciplinary action(s) upon resolution of the disciplinary committee of TIHK.