CPD (Continuing Professional Development)
Definition
The ongoing training requirement attached to most professional credentials. For forensic accounting credentials, CPD typically covers emerging fraud schemes, changes in evidentiary rules, and new analytical tools.
Related terms
- CFE (Certified Fraud Examiner)
- The primary fraud-specific credential, awarded by the ACFE. Covers financial transactions, law, investigation methodology, and fraud prevention. Available to accountants, lawyers, investigators,...
- CFF (Certified in Financial Forensics)
- An AICPA credential restricted to CPAs in good standing. Covers the full forensic accounting scope: fraud, litigation support, valuation disputes, bankruptcy, and...
- IIA (Institute of Internal Auditors)
- Global professional body for internal auditors, awarding the CIA (Certified Internal Auditor) credential. Its standards and guidance on fraud risk (IIA Standard...
- Independence
- The absence of any financial, personal, or advocacy relationship that would impair, or appear to impair, an expert's objectivity. Courts assess both...
- PCAOB
- Public Company Accounting Oversight Board, established by SOX to set auditing standards and inspect audit firms performing public-company audits. It replaced the...
Explained in
- Professional Standards and BodiesThe ongoing training requirement attached to most professional credentials. For forensic accounting credentials, CPD typically covers emerging fraud schemes, c...