ICAI moves closer to its Members in Industry. Formation of Study Circles for Members in Industry
ICAI has achieved recognition as a premier accounting body
not only in the country but also globally, for its contribution in the fields of
education, professional development, maintenance of high accounting, auditing and
It is always the endeavour of ICAI to update its members about the changes taking place in various statutes, share the knowledge on various new techniques and sharpen their skills on various professional matters. So, the ICAI in 2008 made Continuing Professional Education mandatory to Members in Industry to earn minimum number of CPE Credit Hours by attending the programmes of academic/professional interest organized by ICAI and its organs.
There was an urgent prerequisite to have the platform exclusively for the members of ICAI who are in industry. Committee for Members in Industry (CMII) understood this necessity and took a step forward in this direction by setting up Study Circles exclusively for Members In Industry. At the platform of these Study Circles members in Industry would be able to update their knowledge base on the topics most relevant to them, leading to competency maintenance and development of members in service.
ICAI has developed the norms for CPE Study Circles which caters exclusively for the members in service. These CPE Study Circles are being contemplated to help Members to achieve the objectives of maintaining their core competencies and exchange professional knowledge amongst the members apart from fostering and developing fellowship
Thanks to President and Vice President ICAI, the Committee for Members in Industry has been empowered to approve, guide and supervise the CPE Study Circles for Members in Industry which will conduct Continuing Professional Education Programmes for the Members in industry. The norms provide for the minimum number of members required and the application procedure, rules for functioning, administration and accounts of these CPE Study Circles. For the full text of norms Kindly visit this link for full announcement