Cpe hours

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vaibhav

vaibhav (Querist)
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25 November 2013 Whether parttime COP holders are required to complied witht he penal provision issued by the ICAI??

CA Vijeta Verma

CA Vijeta Verma (Expert)
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29 November 2013 Within my knowledge,minimum CPE hours required is to be met by all members whether holding COP or not.ICAI's response on the same-
All the members who are holding Certificate of Practice (except those members who are residing abroad), unless exempted, 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. ? All the members who are not holding Certificate of Practice or are residing abroad (whether holding Certificate of Practice or not), unless exempted, are required to: a. Complete at least 45 CPE credit hours of structured/unstructured learning in each rolling three-year period b. Complete minimum 10 CPE credit hours of structured/unstructured learning in each year.

Nowhere it is said that the members holding part time COP are exempt from CPE hours requirements.Accordingly penal provision should apply to them also.
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