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CPE Hours for New Members

Suraksha (-) (39 Points)

10 December 2009

Hi All,

I jgot enrolled as a member of ICAI in Jul 2009 and I am not holding COP. Can anyone guide me as to the following:

1) Is a new member exempted from completing min.10 CPE hours in his first year of membership?

2) In my case, am I still required to complete 45 CPE hours in the time left out of 3yr rolling period 2008-2010 ie. in 2009 & 2010 or am I supposed to complete hours pro rata to my period of membership ie.45*Days between Jul2009 and Dec2010?

Please reply as 2009 Year end is nearing and I would have to complete the CPE hours requirement for 2009 accordingly.

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26 Replies

Ritasha (chartered accountant) (356 Points)
Replied 12 December 2009

Hi Suraksha

As per statement on continuing professional education,A member is exempted from requirement of CPE Hours for the year during which he gets his membership for first time.I am little bit confused whether there is any amendment in above provision.I am also fresher member and want to know about it as only about 15 days left.IF u get info plz let me know (ritashaa @ yahoo.co.in).

1 Like

SSG (1936 Points)
Replied 16 December 2009

I asked the same query from the institute and got the following reply:-

We would like to mention that exemption from the mandatory CPE hours
requirements is granted to the member for the year in which the member gets
the Certificate of Practice for the first time.

Except the above mentioned, the members are required to comply with the CPE
hours requirements. The CPE hours requirements for the members of the
Institute are as follows:

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.

We would further like to inform you that for CPE hours, calendar year i.e.
January - December is being followed.

Regards,

Cpeadmin

ICAI

4 Like

vanisri (Chartered Accountant) (456 Points)
Replied 24 December 2009

Thanks for the good information regarding CPE hours

yelchuri udaya kumar (Chartered Accountant) (91 Points)
Replied 24 December 2009

Thank u very much for sharing this information...SSG

Shriti Daga (Chartered Accountant) (102 Points)
Replied 26 December 2009

I m having little doubt , CPE hour is not required for first year in which v enroll as member so whether it is calender year or financial year ??

Shriti Daga (Chartered Accountant) (102 Points)
Replied 26 December 2009

I m having little doubt , CPE hour is not required for first year in which v enroll as member so whether it is calender year or financial year ??

SSG (1936 Points)
Replied 26 December 2009

CPE hours are exempt in the calender year in which member is granted Certificate of Practice for the first time.

anilwyd (77 Points)
Replied 11 April 2010

What about rolling year.

I enrolled i August 2009, no COP.

what I have to do in 2010.

How much hours I have to attend. Is online attending of elearn counted ?

thanks

Ranjit Singh (DY. Manager ) (52 Points)
Replied 23 June 2010

SSG THANKS FOR SHARING VERY USEFULL INFORMATION

yelchuri udaya kumar (Chartered Accountant) (91 Points)
Replied 21 December 2010

As Per the Info I had,

That first year exemption is for all the Members who got enrolled, not only for the People who takes COP.

My Doubt is as follows,

I got enrolled in Dec 2009. The rolling Period is 2008-2010.

So in 2010 itself I need to Complete 45 CPE Hrs or only Prorate is enough...

Pls Clarify...

ashita (Articled Assistant) (22 Points)
Replied 27 December 2010

Hiiii

i had Cleared My C.A final in May 2010 and registered in Oct'10 please can you reply me what is Cpe hours since i m in industry i have to complete 10 hours in a year

and from which period it starts and which training or seminar we have to attend how do we know???/

CA Khushboo Ganatra (Faculty) (28 Points)
Replied 11 May 2012

Hi I enrolled with ICAI in January 2012.

I know that Members are exempted from CPE requirements in the first year, but my query is

IN CASE WE ATTEND SEMINARS IN THE FIRST YEAR (WHICH IS ACTUALLY EXEMPTED), DO WE GET CREDIT FOR THE SAME IN THE NEXT YEARS ???

Please somebody help me for the same.

Thank you...

Mitali Gangwani (Internal Audit) (21 Points)
Replied 07 July 2012

Hi,

I have been granted COP in April 2012. So I am exempt from attending CPE hours for the calendar year 2012. But what if I attend in 2012 ? Would i get the credit of these CPE hours in the next year?? i.e. would these CPE hours would be counted for the next year??