Cpe hours

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 August 2013 Dear sir ,

I am a newly qualified CA.

I want to know
Whether every CA (in practice or in job) requires to complete his CPE hours.

-Duration of CPE hours in a year

-whether every year it is to be attended

- if not attended in any year then consequences thereof

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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31 August 2013 1. All members of the Institute are required to meet the CPE credit hours requirement.

2. A member is exempted only for the particular calendar year during which he gets his membership for the first time.

3. Penal action, as decided by the Council from time to time, may be taken against the members who fail to comply with the requirements of this Statement. However any such penal action will be announced in advance for information of the members who are covered under the provisions of the Statement.

4. CPE Hours Requirement:

(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:

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.

B. All the members (aged less than 60 years) who are not holding Certificate of Practice or all the members who are residing abroad (whether holding Certificate of Practice or not) are required to:

(a)Complete at least an aggregate of 45 CPE credit hours of either structured or unstructured learning (as per their choice) in each rolling three-year period (i.e. from 1/1/2011 to 31/12/2013)

(b)Complete minimum of 10 CPE credit hours being an aggregate of either structured or unstructured learning (as per their choice) in each calendar year.

C. All the members (aged 60 years & above) who are holding Certificate of Practice, are required to:

a)Complete at least an aggregate of 70 CPE credit hours of either Structured or Unstructured Learning (as per their choice) in each rolling three-year period (i.e. from 1/1/2011 to 31/12/2013).

b)Complete minimum of 10 CPE credit hours being an aggregate of either Structured or Unstructured Learning in the first calendar year i.e. 2011.

c)Complete minimum of 20 CPE credit hours being an aggregate of either Structured or Unstructured Learning (as per their choice) in the second and third calendar years i.e. 2012 & 2013.

D. All the members (aged 60 years and above) who are not holding Certificate of Practice are required to:

a)Complete at least an aggregate of 35 CPE credit hours of either Structured or Unstructured Learning (as per their choice) in each rolling three-year period (i.e. from 1/1/2011 to 31/12/2013).

b)Complete minimum of 5 CPE credit hours being an aggregate of either Structured or Unstructured Learning in the first calendar year i.e. 2011

c)Complete minimum of 10 CPE credit hours being an aggregate of either Structured or Unstructured Learning in the second and third calendar year i.e. 2012 & 2013.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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Querist : Anonymous

Querist : Anonymous (Querist)

31 August 2013 sir this is the very first year of mine as a member

then what about me ?

whether I will be exempted for this year

if yes

then from next year what should I do to comply with this requirement

please guide me

is there any online facility to cover these CPE hours

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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31 August 2013 You are exempted from the requirements for the calendar year 2013.

For rolling period 2013-2015 Institute will bring out a notification.

Visit this link for more details:

http://www.cpeicai.org/

Querist : Anonymous

Querist : Anonymous (Querist)

31 August 2013 Thanks sir..............................................

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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31 August 2013 You are welcome. You should use the thanks button to convey your thanks.

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