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Query on CPE Hrs

CA. Shikha (Chartered Accountant) (4143 Points)

15 November 2008

I am registered as a member ( not in practice )of ICAI in October 2008.

Do I need to earn CPE hrs for the year 2008 ?????????

If so, how much hrs ???????????

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7 Replies

daVe.. (Student) (1431 Points)
Replied 15 November 2008

Dear Shika, the following is an announcement from ICAI regarding CPE credits.

I hope it should be of some use to you.

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daVe.. (Student) (1431 Points)
Replied 15 November 2008

Important Announcement for Members

We would like to inform the members, the CPE Credit Requirements for the rolling period of three years starting from the calendar year 2008 as given below:

CPE Credit Requirements for members of the Institute

􀂃 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.

Secretary

CPE Committee

New Delhi

11.01.2008

daVe.. (Student) (1431 Points)
Replied 15 November 2008

Click on the link below to view the announcement directly from the Institutes web site.

https://www.cpeicai.org/Announcementformembers08.pdf

DEBARAJ JENA (CA) (59 Points)
Replied 25 November 2008

Pls Clarify:

(1) - Year means whether Calender year or financial year?

(2) - I am going for overseas assignment for few months by Dec'08 first week, I have completed CPE credit during Mar'08 for 6 hrs, how do I complete the balance CPE credit. Pls. suggest.

CA Annie (Chartered Accountant ) (747 Points)
Replied 26 November 2008

Year means financial year.

For a period of 3 calender years you need to get only 45 CPE hours if u are in industry. So u just need to complete the rest within 3years. Else it gets accumulated with the next year.

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(Guest)

Originally posted by :Dave
"	Important Announcement for Members We would like to inform the members, the CPE Credit Requirements for the rolling period of three years starting from the calendar year 2008 as given below: CPE Credit Requirements for members of the Institute �� 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. Secretary CPE Committee New Delhi 11.01.2008	"