Do you require finance team members to exceed legal CPE requirements, or do you let them just finish minimum requirements? Why?

Minimum hours of mandatory training is compulsory for all employees irrespective of the hierarchy. Employees who exceed legal CPE has given an edge during appraisals and preference for job rotation roles.

Compliance and legal trainings everyone has to complete and rest 30 hours is given for other modules. There is stringent passing requirements.

This is primarily based on the professional development opportunity areas identified for the team members during our performance review and assessment. The development needs are identified based on the roles and responsibilities of the team members. The team members then come forward and express their interest for the pursuing the relevant online or in-person trainings sessions. We also have corporate tie with Becker and Gearty which organizes 2 programs in a quarter and these programs provide CPE credits to the participants. Some team members may exceed CPE scores requirement, if number of CPE credit yielding learning opportunities were identified for them. Some other team members may not exceed these as their roles are typical accounting or controllership roles. There are some more teams that are engaged with transaction processing functions like vendors invoices, processing, customers invoices generation, employees expense reports processing, manual bank payments execution and some such roles. So, the requirement of CPE credits is dependent upon the roles of the team members and their identified professional development opportunity areas.