COMPLIANCE OF CPE CREDIT HOURS

CA 5192 views 8 replies

Aisha

Finance Professional

8849 Points Joined October 2007

COMPLIANCE OF CPE CREDIT HOURS FOR THR CALENDER YEAR 2008

Members holding Certificate of Practice (except those members who are residing abroad and senior members), unless exempted are required to :

(a) complete at least 90 CPE credit hours in each rolling three year period starting from the calendar year 2008, of which 60 CPE credit hours should be of structured learning.

(b) complete minimum 20 CPE credit hours of structured learning in each year.

Members who have not so far completed the minimum 20 CPE credit hours are advised to complete the same by 31^st December, 2008.

In cases where members do not complete the CPE credit hours as above, the Council has decided that names of such members be not included in any panel that is forwarded by the Institute, on or after 1^st January, 2009, to any regulators or other authorities. In the case of a firm, if any partner/paid assistant had not completed the requisite CPE credit hour for the year 2008, the names of such partner/paid assistant will not be included while considering the eligibility criteria and this fact will also be stated in case the firm is otherwise found eligible after excluding name(s) of such partner(s)/paid assistant(s).

This is for information and compliance of all members concerned

Replies (8)

Vijay

254 Points Joined February 2008

Aisha,

If Members in Industry dont comply, then what are consequence .

Thanks in advance

CA Tilak Raj Sharma

Practising CA in Solan (H.P.)

6374 Points Joined September 2008

Aisha, Thanks for the info.

agv trinadh

29 Points Joined July 2008

hi guys i have a small doubt, i enrolled as a member in last month (Nov) only, i have to attend 20 CPE hours in this year ??? pls clarify my doubt

thanks in advance

Tinaz

132 Points Joined June 2008

Dear Friends,

Wat are the consequences of non compliance of CPE for CA's in Industry?

CA. Rajeev Aggarwal

Chartered Accountant

3424 Points Joined October 2008

Thanx for info

Anurag Singh Aswal

CA in Job

35 Points Joined July 2008

In case of members in industry who are not holding COP,pls read below extract from clarification from Institute

are required to complete the following CPE requirements in the rolling period of 3 years i.e. January, 2008 - December,

2010:

(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.

However, these members could complete their CPE Credit hours Requirements in each rolling three-year period by structured or unstructured CPE learning activities. The list of unstructured learning activities is as

follows:

Ø Web-based learning modules (e-learning) - e-learning is

"instructional content or learning experiences delivered or enabled by electronic technology".

Electronic technology encompasses everything from Computer-Based Training (CBT), to compact disks (CDs), to Web-based applications."

Ø Self-learning modules and courses (use of audiotapes, videotapes,

correspondence courses, computer based learning programmes).

Ø Reading and individual home study - Reading and Individual Home

Study may constitute reading articles in the Journal, 'The Chartered Accountant' of the Institute,

reading technical, professional, financial or business literature.

Ø Group or bilateral discussion on technical issues

Ø Acting as visiting faculty or guest faculty at the various

Universities / Management Institutions / Institutions of National Importance

Ø Participation in CPE Teleconferencing Programmes without the

supervision of the POU

Ø Providing solutions to questionnaires / puzzles available on Web /

Professional Journals

Ø Internal Training Programmes being organised by firms of Chartered

Accountants having seven or more partners

We would also like to inform you that an Advisory on Unstructured CPE Learning Activities has also been issued. The said advisory has been hosted on the Institute website (www.icai.org) and the CPE Portal (www.cpeicai.org). This Advisory would serve as a guidance and direction to the members to avail CPE Hours Credits through Unstructured Learning Activities. The advisory includes the details about the unstructured learning activities and the ways in which these can be undertaken.

According to this advisory, the members are required to submit a Self-declaration form, once in a year, before 31st May, to avail the CPE Hours Credit for the unstructured learning activities undergone by them in the previous year. This form would have to be submitted to the concerned Decentralized Offices. The members could also submit the same to the Sub-Decentralized Offices for onward submission to the concerned Decentralized Offices.

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We would like to inform you that the members in industry

sudhakar vudara

37 Points Joined February 2009

Hi Guys, Is it nessary to attend for CPE Credit hours for the first year after registration of membership. i heard some where it was exempted for the first year ,was it correct|?

pls ans this

byeeeeeeee