Cpe hours
This query is : Resolved
20 October 2012
what time i have to devoted to CPE hours.
i am member of the institute not holding certificate of practice and working in industry
i am member of the institute not holding certificate of practice and working in industry
20 October 2012
CPE credit requirements for the block of 3 years started with effect from 1-1-2011 to 31-12-2013 to be complied with by different categories of members
All the members who are holding Certificate of Practice (except those members who are residing abroad), unless exempted, are required to:
a) Complete at least 90 CPE credit hours in each rolling three-year period of which 60 CPE credit hours should be of structured learning.
b) Complete minimum 20 CPE credit hours of structured learning in each year.
All the members who are not holding Certificate of Practice or are residing abroad (whether holding Certificate of Practice or not), unless exempted, are required to:
(a) Complete at least 45 CPE credit hours of structured/unstructured learning in each rolling three-year period
(b) Complete minimum 10 CPE credit hours of structured/ unstructured learning in each year.
All the members (above 60 years of age) who are holding Certificate of Practice, unless exempted, are required to:
a) Complete at least 70 CPE credit hours (structured/Unstructured) in each rolling three-year period.
b) Complete minimum 10 CPE credit hours of structured/ unstructured in the first year i.e. 2011
c) Complete minimum 20 CPE credit hours of structured/ unstructured in the second and third year i.e. 2012 & 2013.
All the members (above 60 years of age) who are not holding Certificate of Practice are required to:
a) Complete at least 35 CPE credit hours (structured/Unstructured) in each rolling three-year period.
b) Complete minimum 5 CPE credit hours of structured/ unstructured in the first year i.e. 2011
c) Complete minimum 10 CPE credit hours of structured/ unstructured in the second and third year i.e. 2012 & 2013.
EXEMPTION FROM THE REQUIREMENTS OF STATEMENT ON CPE
Applicability
All members of the Institute, except those who are exempted as mentioned below, are required to meet the CPE credit requirement as would be recommended by the Council from time to time.
The requirements of this Statement shall not apply to:
(a) A member, for the year during which he gets his Certificate of Practice for the first time.
(b) A member or class of members to whom the CPEC may in their absolute discretion grant full/partial exemption either specific/general, on account of facts and circumstances of the case which in their opinion prevent such person(s) from compliance with the requirements of CPE as given in this Statement.
Further, exemption from CPE is also available on medical grounds. For which the CPE Committee has decided as follows:
1. No blanket exemption will be given on medical grounds from the mandatory CPE requirements for members.
2. Relaxation on medical grounds should be on a temporary basis period of which will be decided by the CPE Committee.
3. The claimant should submit the data regarding professional assignments of his own and the firm(s) in which he is a partner.
4. Every member who applies for exemption from the requirements of the Statement on medical grounds has to meet the following documentation requirements for claiming such exemption.
5. Diseases covered under Section 80DD of Income-tax Act be considered favourably for granting exemption.
Documentation requirements for claiming exemption on Medical Grounds from the mandatory CPE requirements for members
The claimant should submit the following documents in support of the claim:
a) A self-declaration that the member is unable to attend the Continuing Professional Education Programmes due to illness.
b) A certificate in the form (enclosed as Appendix A) from any doctor registered with Indian Medical Association with Post Graduate Qualifications. In effect, a doctor with a mere MBBS degree cannot issue the certificate. The doctor must be at least an M.D. or M.S.
c) The member has to provide the data regarding the professional assignments handled by the member and the firm in which the member is a partner.
Note: The member has to route the application through the Chairman of the Branch/ Regional Council under whose geographical jurisdiction the member practices and the Chairman of the Regional Council/Branch should verify the claims and recommend that the member could be exempted from the Continuing Professional Education requirements of the Institute.
For more see below link--
http://wirc-icai.org/wirc_referencer/CA%20ACT%20&%20Regulations/CPE.htm
You can also visit
www.cpeicai.org
All the members who are holding Certificate of Practice (except those members who are residing abroad), unless exempted, are required to:
a) Complete at least 90 CPE credit hours in each rolling three-year period of which 60 CPE credit hours should be of structured learning.
b) Complete minimum 20 CPE credit hours of structured learning in each year.
All the members who are not holding Certificate of Practice or are residing abroad (whether holding Certificate of Practice or not), unless exempted, are required to:
(a) Complete at least 45 CPE credit hours of structured/unstructured learning in each rolling three-year period
(b) Complete minimum 10 CPE credit hours of structured/ unstructured learning in each year.
All the members (above 60 years of age) who are holding Certificate of Practice, unless exempted, are required to:
a) Complete at least 70 CPE credit hours (structured/Unstructured) in each rolling three-year period.
b) Complete minimum 10 CPE credit hours of structured/ unstructured in the first year i.e. 2011
c) Complete minimum 20 CPE credit hours of structured/ unstructured in the second and third year i.e. 2012 & 2013.
All the members (above 60 years of age) who are not holding Certificate of Practice are required to:
a) Complete at least 35 CPE credit hours (structured/Unstructured) in each rolling three-year period.
b) Complete minimum 5 CPE credit hours of structured/ unstructured in the first year i.e. 2011
c) Complete minimum 10 CPE credit hours of structured/ unstructured in the second and third year i.e. 2012 & 2013.
EXEMPTION FROM THE REQUIREMENTS OF STATEMENT ON CPE
Applicability
All members of the Institute, except those who are exempted as mentioned below, are required to meet the CPE credit requirement as would be recommended by the Council from time to time.
The requirements of this Statement shall not apply to:
(a) A member, for the year during which he gets his Certificate of Practice for the first time.
(b) A member or class of members to whom the CPEC may in their absolute discretion grant full/partial exemption either specific/general, on account of facts and circumstances of the case which in their opinion prevent such person(s) from compliance with the requirements of CPE as given in this Statement.
Further, exemption from CPE is also available on medical grounds. For which the CPE Committee has decided as follows:
1. No blanket exemption will be given on medical grounds from the mandatory CPE requirements for members.
2. Relaxation on medical grounds should be on a temporary basis period of which will be decided by the CPE Committee.
3. The claimant should submit the data regarding professional assignments of his own and the firm(s) in which he is a partner.
4. Every member who applies for exemption from the requirements of the Statement on medical grounds has to meet the following documentation requirements for claiming such exemption.
5. Diseases covered under Section 80DD of Income-tax Act be considered favourably for granting exemption.
Documentation requirements for claiming exemption on Medical Grounds from the mandatory CPE requirements for members
The claimant should submit the following documents in support of the claim:
a) A self-declaration that the member is unable to attend the Continuing Professional Education Programmes due to illness.
b) A certificate in the form (enclosed as Appendix A) from any doctor registered with Indian Medical Association with Post Graduate Qualifications. In effect, a doctor with a mere MBBS degree cannot issue the certificate. The doctor must be at least an M.D. or M.S.
c) The member has to provide the data regarding the professional assignments handled by the member and the firm in which the member is a partner.
Note: The member has to route the application through the Chairman of the Branch/ Regional Council under whose geographical jurisdiction the member practices and the Chairman of the Regional Council/Branch should verify the claims and recommend that the member could be exempted from the Continuing Professional Education requirements of the Institute.
For more see below link--
http://wirc-icai.org/wirc_referencer/CA%20ACT%20&%20Regulations/CPE.htm
You can also visit
www.cpeicai.org
20 October 2012
Thank you sir.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Credit rating model
- 115-BAC-for AOP-private discretionary trust
- Youtube income
- Insurance make against any item and later get insurance claim received
- IN PAGHDI SYSTERM . RENT RECPT CHANGE OF NAME AFTER FAMILY PARENTS TO SON
- Cgst asmt - 10
- ITR-U for AY21-22
- If Material shift from dry port local egm details not refleting on ICE gate portal
- Surcharge applicability on LTCG loss
- E-Invoice applicability related question
- Fy 22-23 --> tyed more in gst 3b vs 2b, any interest?
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- GST ON PERSONAL MOTORCAR SOLD
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
