20 December 2008
I AM A CHARTERED ACCOUNTANT. DURING THE YEAR 2008 I HAVE ATTENDED 35 CPE HOURS. CAN THE EXCESS OF HOURS CAN BE CARRIED FORWARD? AS PER MY KNOWLEDGE I REQUIRED TO COMPLETE 20 CPE HOURS AND 10 UNSTRUCTURED CPE HOURS BY MADE SELF DECLARATION. KINDLY CLARIFY THE DOUBT?
21 December 2008
As per the latest requirement CA in practice has to complete minimum 90 hours in a cycle of Three Years subject to minimum of 20 Hours each year starting with the year 2008. So you will get the benefit of additional 15 hours.
22 December 2008
CPE Credit Requirements for Members of the Institute
CPE Credit Requirements for the rolling period of three years starting from the calendar year 2008 as given below:
All the members who are holding Certificate of Practice (except those members who are residing abroad), unless exempted, are required to:
Complete at least 90 CPE credit hours in each rolling three-year period of which 60 CPE credit hours should be of structured learning.
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:
Complete at least 45 CPE credit hours of structured/unstructured learning in each rolling three-year period
Complete minimum 10 CPE credit hours of structured/unstructured learning in each year.