vinod k arora (practice) (34 Points)
29 November 2013I am holding certificate of practice since Jan., 2013. Prior to that I was in Industry.
I have completed the CPE hour requirements for the current year. As regards the period in Industry, I was told that the CPE requirement was optional. I have completed the requirement for the year 2013.
Now I have received a letter from Institute which indicates that even for the period in Industry, members are required to complete the requirement for the block of 2011-13.
Please advise the correct position.
Deepak Gupta
(CA Student)
(15922 Points)
Replied 29 November 2013
| Originally posted by : vinod k arora | ||
 |
I am holding certificate of practice since Jan., 2013. Prior to that I was in Industry. I have completed the CPE hour requirements for the current year. As regards the period in Industry, I was told that the CPE requirement was optional. I have completed the requirement for the year 2013. Now I have received a letter from Institute which indicates that even for the period in Industry, members are required to complete the requirement for the block of 2011-13. Please advise the correct position. |
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CPE credit requirements for the block of 3 years started with effect from 1-1-2011 to 31-12-2013 to be complied with by different categories of members.
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.
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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.
All the members (above 60 years of age) who are holding Certificate of Practice, unless exempted, are required to:
.
a) Complete at least 70 CPE credit hours (structured/unstructured) in each rolling three-year period.
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b) Complete minimum 10 CPE credit hours of structured/unstructured in the first year i.e. 2011.
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c) Complete minimum 20 CPE credit hours of structured/unstructured in the second and third year i.e. 2012 & 2013.
All the members (above 60 years of age) who are not holding Certificate of Practice are required to:
.
a) Complete at least 35 CPE credit hours (structured/unstructured) in each rolling three-year period.
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b) Complete minimum 5 CPE credit hours of structured/unstructured in the first year i.e. 2011.
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c) Complete minimum 10 CPE credit hours of structured/unstructured in the second and third year i.e. 2012 & 2013.
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