The Institute of Cost Accountants of India (ICMAI) has extended the deadline for completing the Mandatory Capacity Building Training (MCBT) to 31st December 2021. This extension applies to practising members who obtained their Certificate of Practice (COP) between 1st February 2019 and 31st March 2021 and have not yet completed the required training. This decision aims to prevent hardship for members needing to renew their COP for 2021-22.
The Institute of Cost Accountants of India hasdecided to grant an extension of time for successful completion of MCBT up to 31st December 2021 to the practising members who have taken COP during the period 1st February 2019 to 31st March 2021. Read the official announcement below:
Ref. No.: G/128/04/2021
9th April, 2021
NOTIFICATION
Subject: Extension of time granted to undergo MCBT upto 31st December, 2021
Re: For COP taken during the period 1st February, 2019 to 31st March, 20
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FAQ :
Practising members of ICMAI who obtained their Certificate of Practice (COP) between 1st February 2019 and 31st March 2021 and have not yet completed the Mandatory Capacity Building Training (MCBT) are eligible.
The new deadline for the successful completion of the Mandatory Capacity Building Training (MCBT) is 31st December 2021.
MCBT stands for Mandatory Capacity Building Training, which is a requirement for Cost Accountants.
COP stands for Certificate of Practice.
The extension was granted to prevent hardship for members who need to renew their Certificate of Practice (COP) for the year 2021-22 but have not yet completed the Mandatory Capacity Building Training (MCBT).