Compliance
Compliance
Continuing Professional Development- How to comply
The API is committed to ongoing improvement of professional standards and the CPD programme is one of the cornerstones of that commitment. Activities are recognised as CPD where they improve a members knowledge, skills or further develops their personal qualities as relevant to and throughout their career.
Life Fellows, Fellows, Associates, Provisional Members and Graduates are all required to undertake 20 points CPD each year. A minimum of 10 points must be completed in property topics and 50% of all points must be from 'structured' activity. Please refer to the CPD By Laws for more information.
All members are invited to submit an annual CPD record and those who are audited must submit a record by the given due date.
All Members who undertake valuations of Australian property and wish to retain the CPV designation are required to undertake an Institute approved Risk Management Module every three years in accordance with bylaw 21.3.6, unless residing permanently overseas. New members who undertake valuations must also complete the Risk Management Module in the first 12 months of their membership.
The Risk Management Module aims to cover best practice, better communication, better client selection, the stages of valuation, principles of law and an awareness of insurance issues. The involvement of DLA Piper at the development and delivery stages will ensure recent case studies and practical examples will be examined, to provide members with a practical approach to managing risk.