The SMSF Professionals’ Association of Australia (SPAA) has launched a new professional development tool to support its members on their Continuing Professional Development (CPD) journey as a key component of 2014/15 membership.
Called SPAA SMSF CPD Compass, it is a purpose-built, online questionnaire designed to gauge the level of knowledge individuals have across all technical areas of SMSF, before recommending specific focus areas for upcoming CPD activities.
SPAA Head of Education Liz Ward says “This tool is the first of its kind, finally giving professionals a way to navigate through their CPD journey in a meaningful way.
“We want to see professionals making the most of their CPD requirements by empowering them to pinpoint activities that genuinely improve their knowledge and skills. It’s better for the individual, it’s better for trustees and it’s better for the profession as a whole.”
The launch of SPAA’s new CPD Compass comes only a few months after the official launch of SPAA’s CPD Hub (cpdhub.spaa.asn.au), an online database of accredited CPD activities with advanced searching capabilities able to filter results based on profession, topic, level of knowledge, as well as delivery type, location and cost.
“SPAA is heavily focused on innovating in the area of CPD because we recognise practitioners have a range of obligations to satisfy – from regulators, licensees to professional associations. The volume of information practitioners must understand is also growing exponentially, making it challenging to navigate through the CPD noise.
“SPAA’s CPD Compass and CPD Hub meet that challenge head on and allows members to tailor unique CPD plans based on their individual needs.
“It’s just another way SPAA supports its members and the broader SMSF sector to build professionalism, strengthening the resolve that SPAA members, and particularly SPAA Specialists, are the SMSF professionals of choice for consumers.”
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