Final answer:
CPA Canada's requirement for professional development and/or continuing education is intended to satisfy the ethical conduct rule concerning Professional competence. This rule ensures members maintain necessary knowledge and skill levels to provide competent service.
Step-by-step explanation:
The professional accounting body in Canada, CPA, requires their members to undertake professional development and/or continuing education. This practice is intended to satisfy the rule of ethical conduct regarding Professional competence. Professional competence ensures that members maintain their knowledge and skill at a level required to ensure that clients or employers receive competent professional service. Hence, the requirement for continued professional development is directly aligned with assuring ongoing professional competence.