Waivers or Exemptions

Principle of Continuing Professional Education (“CPE”):

Professional accountants have to develop and maintain their competence through the undertaking of CPE that is necessary, in the public interest, to provide high quality services to meet the needs of clients, employers, and other stakeholders. Members who are working are expected to complete certain level of CPE  in order to have the necessary skills, knowledge and professional ethics to perform their work competently.

Application for CPE Exemption

All exemption requests (waiver/reduction/extension) will be reviewed on a case-by-case basis.

Member should raise the exemption request to the Membership Services Department at cpeaudit@isca.org.sg in writing and state the following:

  1. Reason for applying for CPE exemption;
  2. Type of CPE exemption request – Waiver, Reduction, Extension;
  3. CPE year(s) under request;
  4. Number of verifiable and/or non-verifiable CPE hours accumulated from period of request to date;
  5. Previous or current employment date/details and intention to return to workforce (if unemployed); and 
  6. Provide copies of documentary evidence to support the application (e.g. CPF contribution statement as evidence of unemployment, medical certificate in the case of illness)

Approval of exemptions may be granted under exceptional circumstances where the fulfilment of the CPE requirements was not practically possible, due to arduous factor(s). Refer below for guidance on the CPE exemption policy. 

1. Waiver

Exemption requests for waiver of CPE hours will be reviewed on a case-by-case basis. In order to apply for waiver, the member should not have carried out work of any professional/ business nature (whether paid or unpaid) for the full CPE year under request. The following are examples where a waiver may be granted:

  1. Medical conditions: Long term or serious illness and/or disability
  2. Pro-family: Onerous caring duties for close family member
  3. Unemployment: Career break, retirement

2. Reduction

A reduction of CPE hours may be granted for members who may have carried out work of any professional/ business nature for a period of time for the CPE year under request. The CPE requirement may be pro-rated according to the length of unemployment, but assessed on a case-by-case basis. Examples where a reduction may be granted may be short term career break, maternity/paternity leave, semi-retirement

3. Extension request

Members who are unable to fulfil the CPE requirements will be given a 6-month extension period to make good the shortfall in CPE hours.