The Institute of Chartered Accountants of India (ICAI) has issued new guidelines for Continuing Professional Education (CPE) credit hours for its members. These rules apply to the three-year block period from 1st January 2020 to 31st December 2022. Different requirements are in place for members holding a Certificate of Practice, those not holding one, and members residing abroad, with varying total hours and minimum annual structured learning obligations. Members aged 60 and above, and certain other professional groups, are exempt.
A. All the members (aged less than 60 years) who are holding Certificate of Practice (except all those members who are residing abroad) are required to
Complete at least 120 CPE credit hours in a rolling period of three-years.
Complete minimum 20 CPE credit hours of structured learning in ea
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to
CCI PRO
for unlimited access
Why Upgrade to
CCI PRO?
-
No Ads
-
WhatsApp Community
-
Daily E-Newsletter
-
Unlimited News Access
-
Profile Visitors
-
Link Social Profiles
-
Featured Job Posts
-
Pro Badge
-
Expert GST Guidance
-
Unlimited Forum Replies
-
Download Content in PDF
BEST VALUE
2 YEAR PLAN
3,499
(Excl. of GST ₹629)
1 YEAR PLAN
1,999
(Excl. of GST ₹359)
3 MONTHS PLAN
999
(Excl of GST ₹179)
View all CCI PRO benfits
Already a PRO member?
Login here
for an ad-free experience.
FAQ :
Members holding a COP, aged under 60 and residing in India, must complete at least 120 CPE credit hours in a rolling three-year period. This includes a minimum of 20 structured CPE hours each calendar year, with the remaining 60 hours being a mix of structured and unstructured learning.
Members not holding a COP, or those residing abroad (regardless of COP status) and under 60 years old, need to complete at least 60 CPE credit hours in a rolling three-year period. A minimum of 15 CPE hours (structured or unstructured) is required annually.
Yes, members aged 60 and above who hold a Certificate of Practice must complete an aggregate of 90 CPE credit hours over three years, with a minimum of 20 hours (structured or unstructured) each calendar year. Those aged 60 and above not holding a COP are exempt.
Exemptions apply to members aged 60 and above who do not hold a Certificate of Practice, Judges of Supreme Court, High Court, District Courts, Tribunal Members, MPs/MLAs/MLCs, State Governors, Civil Services officers, Entrepreneurs, Judicial officers, and those in Military Service.
Temporary exemptions are available for female members for one calendar year due to pregnancy, and for physically disabled members (with 40% or more permanent disability) or those suffering from prolonged critical illnesses, subject to medical certification.
Yes, COP holders are required to complete a mandatory 2 structured CPE hours each on 'Standards on Auditing' and 'Code of Ethics' (total 4 structured hours) annually, starting from calendar year 2020. This must be completed in online/virtual mode.