The Institute of Chartered Accountants of India (ICAI) has released an Exposure Draft detailing proposed consequential provisions for members who fail to meet their annual Continuing Professional Education (CPE) hour requirements. These new rules are set to apply from the calendar year 2024 onwards. The CPE Committee is inviting members to submit their comments and suggestions on these proposed guidelines by January 2, 2024.
Continuing Professional Education Committee
The Institute of Chartered Accountants of India
18th December, 2023
Exposure Draft on proposed Consequential provisions for non-compliance with CPE hours requirement on yearly basis from calendar year 2024 onwards
The Continuing Professional Education (CPE) Committee of ICAI has been at the forefront to provide sufficient opportunities that are essential for Chartered Accountants to equip themselves with the changes occurring due to globali
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FAQ :
The ICAI's CPE Committee has issued an Exposure Draft proposing consequential provisions for members who do not meet their annual Continuing Professional Education (CPE) hour requirements.
The proposed consequential provisions for non-compliance with CPE hours will be applicable from the calendar year 2024 onwards.
The last date for submitting comments and suggestions on the Exposure Draft is January 2, 2024.
Members can submit their comments electronically via a Google form, by email to cpeadmin@icai.in, or by post to the Secretary, CPE Committee of ICAI in Noida.
CPE is important for Chartered Accountants to keep up with changes due to globalisation and business complexities, develop their skills and expertise, and explore new professional opportunities.