Cpe credit

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 December 2011 Dear friends,

I cleared CA Final in May 2011, i got my membership number in September 2011.Now i am working in industry..

Is there is any exemption from attending CPE Class who are working in industry for the 1 st year of Membership?

What is the consequence of not compleating the CPE Hours in the 1 st year ?

Hari Beldona

Hari Beldona (Expert)
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12 December 2011 First year of enrollment exemption is there
CPE hours is on the basis of calender year

CPE credit Hours requirements for the block of 3 years started with effect from 01-01-2011 to 31-12-2013 to be complied with by different categories of members:
B. All the members (aged less than 60 years) who are not holding Certificate of Practice or all the members who are residing abroad (whether holding Certificate of Practice or not) are required to:

(a) Complete at least an aggregate of 45 CPE credit hours of either structured or unstructured learning (as per their choice) in each rolling three-year period (i.e. from 1/1/2011 to 31/12/2013)

(b) Complete minimum of 10 CPE credit hours being an aggregate of either structured or unstructured learning (as per their choice) in each calendar year.
A member is exempted only for the particular calendar year during which he gets his membership for the first time.

anurag

anurag (Expert)
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12 December 2011 Your 1st yeat ends on 31 Dec 2011, there after u have to accumulate CPE hours.
Just join any CA CPE study circle , pay the annual fees ranging from INR 1500 to INR 3000 and ur problem is solved.

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