ASSOCIATION OF TAXATION AND MANAGEMENT ACCOUNTANTS CPD Policy what counts as CPD? The ATMA requires that a member undertake a minimum of 40 hours CPD in each calendar year of membership. Excess hours may be carried over for one year. CPD records are to be maintained for three years after the end of the subscription year and are to be available for random audit by the ATMA. In addition with the requirements of the ATMA s By Laws and Pronouncements members should also be familiar with the Tax Practitioner Board (TPB) requirements for CPD. The TPB has an Explanatory Paper on this TPB (EP) 04/2012 Continuing Professional Education. The TPB expects that no more than 25% of the total CPD should be undertaken through relevant technical or professional readings and technical research i.e. not more than 7.5 hours a year. The ATMA has also adopted this policy. The TPB also outlines that CPD must be recorded and tax agents and BAS Agents must keep records and they should be kept for three years from the date the registered agent s CPD period ends. CPD relevant subject areas are: Accounting including accounting for GST; Auditing including SMSF auditing; Banking and Finance; Bookkeeping GST and BAS Basics; Business Law; Business Mathematics and Quantitative Techniques; Corporate Law and Services; Credit Management; Economics; Financial Management; Financial Planning; Information Technology; Management and related topics (including communications, marketing and personnel management); Management Advisory Services; Superannuation; and Taxation/Revenue Law and Trust Law. The CPD completed must be relevant to these areas and the type of work that a member undertakes i.e. related to the upkeep and to maintain their knowledge and skills in the areas that they are working in to competently provide those services. The TPB outlines that the CPD should be relevant to the tax agents or BAS Agents services they provide and the development of their relevant personal knowledge and skills. For example email training would not constitute valid and relevant CPD. Exemptions are outlined in our By Laws and Pronouncements. Below is a table which aims to summarise what will count as CPD incorporating ATMA By Laws, Pronouncements, and the Tax Practitioners Board requirements. Association of Taxation & Management Accountants the Small Business Professionals ATMA CPD Policy What counts as CPD Page 1 of 2

ASSOCIATION OF TAXATION AND MANAGEMENT ACCOUNTANTS Type of CPD All ATMA seminars, workshops and PD s e.g. Public Practice Certificate workshop Workshops, courses, seminars, discussion groups and PD s held by other tax and accounting associations e.g. IPA, ICAA, CPA and the Taxation Institute of Australia Studies taken for the purpose of preparing the student for a post qualification specialisation e.g. taxation Courses run by an RTO, private establishment, TAFE or university that are relevant to the line of work Courses run by an employer for its staff (in house training) in accountancy and related activities i.e. structured in house training on subject matters related to ones work presented by a suitably qualified person. Self study, Distance Learning courses, audiotape, web based training or video tape packages which require participation by the member related to their work or are learning packages e.g. the Taxation Institute tax tape of taxation matters. This does not include the time a member takes to do a talk on radio on a particular subject matter Research for and writing of technical articles, papers or books related to the area of work. Working as a lecturer, instructor or seminar paper on a structured course related to their area of work. This includes the research, preparation and presentation of lectures of a technical nature by non academics. (repeats of the presentation are not counted) Conventions, Conferences and Congress gatherings. (Technical sessions only)they must be structured. Service as a member of a technical committee of a Professional Body or individual firm. Learning associated with the acquisition of new computer software i.e. software training. Peer review of research, individual research including reading of technical publications related to areas of work. An ATMA Quality Assurance Review undertaken. Attendance at appropriate Australian Taxation Office seminars and presentations Mentoring under an approved program such as the CPA Program or ICAA Program. Developmental activities, presented by experts under the auspices of institutions, reputable commercial educational establishments or other professional associations. CPD points Please refer to the CPD hours stated on the event brochure and/or certificate issued. Please refer to the CPD hours stated on the event brochure and/or certificate issued. 3 points per hour 3 points per hour 5 points According to the duration of the meeting not including travel time.. Association of Taxation & Management Accountants the Small Business Professionals ATMA CPD Policy What counts as CPD Page 2 of 2

EXISTING ATMA MEMBER PASSWORD RESET In order to access the members portal within the ATMA website for the first time you are required to reset the system default password. Please navigate to www.atma.com.au In the top right hand corner of the home page click on the Need help? link (indicated with in the above image). This will redirect you to a reset password page where you will be required to enter your FIRST name, and the email address that you have provided to us. PLEASE ENSURE YOU ENTER YOUR FIRST NAME as per your ATMA membership application in the First Name field. An email will be sent to you once you request a new password with further instructions