CPE hpurs Requirement
This query is : Resolved
11 November 2010
Is it compulsary to satisfy CPE hours requirement during the first year of practice? waiting for reply
11 November 2010
Chromaticity of the professional of chartered accountants is because of their knowledge and diversified working style. This is a high dignity and globally recognised profession as its not like other professions where there is no need to update the related knowledge after getting the degree; a chartered accountant should learn continuously even after getting the CA degree. Therefore, the Continuing Professional Education (CPE) Committee of ICAI has introduced a scheme for Continuing Learning Requirements to be quantified in term of CPE credit hours for the rolling period of three years starting from the calendar year 2008.
Continuing Professional Education (CPE) Requirements
Practicing Chartered Accountant (except those members who are residing abroad or other otherwise exempted CA), are required to complete:
At least 90 CPE hours in each rolling three-year period of which 60 CPE credit hours should be of structured learning.
Minimum 20 CPE hours of structured learning in each year.
Chartered Accountants in job or residing abroad, unless otherwise exempted, are required to complete:
At least 45 CPE hours of structured/unstructured learning in each rolling 3 years period.
Minimum 10 CPE hours of structured/unstructured learning in each year.
It means for rolling period of 3 years, maximum of 30 CPE credit hours of unstructured learning are useful to accomplish the above requirement for a practicing CA, although there is no maximum limits for accumulating credit of CPE hours from any of above mode.
On the other side, a chartered accountant in job can complete his CPE credit hours requirement through any of structured or unstructured learning mode.
Continuing Professional Education (CPE) Requirements
Practicing Chartered Accountant (except those members who are residing abroad or other otherwise exempted CA), are required to complete:
At least 90 CPE hours in each rolling three-year period of which 60 CPE credit hours should be of structured learning.
Minimum 20 CPE hours of structured learning in each year.
Chartered Accountants in job or residing abroad, unless otherwise exempted, are required to complete:
At least 45 CPE hours of structured/unstructured learning in each rolling 3 years period.
Minimum 10 CPE hours of structured/unstructured learning in each year.
It means for rolling period of 3 years, maximum of 30 CPE credit hours of unstructured learning are useful to accomplish the above requirement for a practicing CA, although there is no maximum limits for accumulating credit of CPE hours from any of above mode.
On the other side, a chartered accountant in job can complete his CPE credit hours requirement through any of structured or unstructured learning mode.
Message likes :
1 times
11 November 2010
No. For details visit https://aisha.caclubindia.com/forum/cpe-hours-for-new-members-59014.asp
Message likes :
1 times
11 November 2010
Shubhangi,
I completely agree with B.Chackrapani.
The Institute has come out with a "Statement on CPE 2003". The link is given below.
https://cpeicai.org/FSCPE021106.pdf
Refer point 6.2(b)
Shubhangi,
I completely agree with B.Chackrapani.
The Institute has come out with a "Statement on CPE 2003". The link is given below.
https://cpeicai.org/FSCPE021106.pdf
Refer point 6.2(b)
Message likes :
1 times
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
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- TDS Deducted AY-2013-14 Not Reflected in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- ADVANCE PAYMENT OF ADVOCATE
- NRI starting business in India
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Invertaded duty struture
- CREDIT NOTES WITHOUT GST
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
