Review: Online CPD for 2011-12
Changing rules and regulations are a constant challenge for accountants, and new tools are springing up to help you keep pace. Nigel Harris takes a look at what this year's crop has to offer.
A year ago I had a look at online CPD options for 2010-11. From talking to fellow practitioners, eCPD has yet to eclipse face-to-face, live CPD seminars in popularity, but that hasn't stopped a new raft of suppliers entering the market.
When asked, a number of practitioners have told me at seminar events that they simply prefer to take time out of the office and like the opportunity meet up with their peers. This is particularly the case with sole practitioners. I suspect therefore that eCPD may well be more popular with much larger firms where a number of professional staff can gather in an office to use an online CPD course, perhaps facilitated by a manager, and then discuss the material among themselves afterwards. Saving chargeable time that would otherwise be lost in large numbers of staff travelling to seminars would obviously be a significant attraction for a larger firm.
New providers this year
While the providers listed in last year’s article continue to offer similar online CPD products at the same or similar prices, several new names have joined our list for this year:
- 2020 Group
- BPP CPD on Demand
- Financial Fluency
As already mentioned, there is not a lot too report about the profession's better known CPD providers, who continue to refine their online offerings.
- CCH e-CPD continues to deliver the goods with two hours of new CPD training each month. The material is presented in bite-size (10-15min) modules every month. The material includes six business and personal tax topics, plus one each on audit and accounting. All are added to a library that can be accessed at any time, either online or via the monthly CD-ROM.
- LexisNexis offers two alternative e-CPD streams under the LexisWebinars and Tolley Seminars Online brands.
- SWAT now has a huge library of recorded webinars and a full program of future live and recorded events, at CPD and trainee levels.
- As promised last year, TaxTV has now launched a sister service, PayrollTV in partnership with Payroll World magazine.