Common questions about Accounting and Auditing CPD.
Try LumiQ for freeAccounting & Auditing CPD typically includes technical continuing professional development focused on financial reporting and assurance work, things like GAAP/ASC updates, audit planning, risk assessment, internal control, audit evidence, and audit reporting.
These courses are most relevant for CPAs and accounting professionals working on audit engagements, financial statement preparation, reviews/compilations, or advisory work that depends on high-quality reporting.
Specific accounting and audit-focused CPD quotas apply primarily to practitioners in public accounting:
Quebec: CPAs practicing public accountancy must devote at least 60 hours per three-year period (minimum 15 hours annually) specifically to structured training in financial reporting and auditing/review standards.
Ontario: To be eligible to renew a PAL, members must complete CPD hours directly related to the competencies needed for public accounting, as set out in International Education Standard 8 (IES 8).
Other Provinces: Many jurisdictions (e.g., CPA Saskatchewan) require license holders to demonstrate that their CPD is specifically relevant to the competencies of their licensed practice area.
Accounting and auditing CPD courses commonly cover topics such as:
• Financial statements and financial reporting updates (GAAP, FASB, ASC)
• Audit risk assessment, planning, and assertions (SAS/AU-C concepts)
• Internal control design, documentation, and testing (including ITGCs)
• Audit evidence, sampling, and documentation expectations
• SSARS engagements (compilation and review) and related reporting
• Audit data analytics and audit automation use cases
• Fraud detection and forensic accounting case studies
• Emerging risk topics like cybersecurity and third-party/vendor risk
Accounting CPD focuses on how financial information is recognized, measured, presented, and disclosed (e.g., revenue recognition, lease accounting, fair value, and other GAAP accounting standards topics).
Auditing CPD focuses on assurance, planning and performing audits, evaluating internal controls, gathering sufficient appropriate audit evidence, and reporting under professional standards.
Real-world courses often combine accounting knowledge and professional judgment, as both are crucial for audit quality.
Podcasts can deliver superior learning outcomes compared to live webinars and recorded webcasts. Audio-only formats reduce cognitive overload and ""Zoom fatigue,"" allowing your brain to retain information better. Additionally, unlike live or in-person options, you can pause and replay complex concepts as needed for comprehension.
Podcasts also fit your schedule and your life better. Unlike live webinars with fixed start times, podcasts let you earn CPD during your commute, between clients, or whenever works best.
In short, you get the same credit hours with better retention and zero scheduling conflicts.
CPD credits vary by course. Typically they range from 1 to 2 hours per podcast and 3 to 9 hours for our in-depth, multi-episode learning paths. Each course listing clearly displays the credits you'll earn upon completion. All credits are earned once you complete the podcast episode and pass the chapter quizzes.
LumiQ courses meet verifiable CPD requirements for accounting professionals worldwide, including Canada, UK, Australia and more. Your certificate of completion documents the professional development hours earned and can be used to support CPD reporting with your provincial CPA body.
Because CPD requirements and acceptance can vary by jurisdiction and member circumstances, confirm your local CPD rules to ensure a specific course meets your requirements.
LumiQ provides documentation (including certificates of completion) to support verifiable CPD reporting.
Yes. With a LumiQ account you have access to the Tracker. LumiQ Tracker automatically organizes the CPD you earn with LumiQ and allows you to upload CPD from other sources. Certificates of completion can be downloaded at any time.
Yes. LumiQ works on mobile. We have an app for both Apple and Android devices. Click here to go to the Google Play Store and click here to go to the Apple App Store.
Yes! Sign up for a free trial today and get 3 verifiable CPD hours, no credit card required. To purchase a full subscription, visit our pricing page. If you work for a company with a team of CPAs, or others who may be interested, contact us for team pricing options.




















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