ICAI’s Penal provisions for the members for not complying CPE
Hours in Block of 3 years (1-1-2011 to 31-12-2013)
- All the members are required to complete their CPE hours requirements for the block period of 3 years (1-1-2011 to 31-12-2013) by 31st December, 2013.
- Any shortfall in the CPE credit for the calendar years 2011, 2012 and 2013 should be met by the members by 31st December, 2013.
- The names of the members who fail to comply with their CPE hours Requirements for the block period of 3 years by 31st December, 2013 would be hosted on the website of the ICAI for information of public at large.
- Further, the ICAI will not be responsible in any way for any action taken by any of the regulatory authorities on the basis of the names hosted on the website for allotting the professional work to them as sole proprietor or to their partnership firm.
- To strike out the name/s from the list so hosted on the website, the member/s shall have to make up any shortfall in their CPE credit hours for the above block period of 3 years by obtaining twice of the amount of the shortfall. Such addition shall be in addition to the regular CPE hours requirement for the particular Calendar year in which they are making up the shortfall.
CPE
HOURS REQUIREMENT FOR THE MEMBERS
Members holding COP
Per year
: At least 20 hours of
structured learning
3 Year Rolling period : At least 90 CPE credit hours, of which 60 CPE credit hours should be of structured learning
Members not holding COP
Members not holding COP
Per year
:
At least 10 CPE credit hours of structured / unstructured learning
3 Year Rolling period :
At least 45 CPE credit hours of structured / unstructured learning
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.
CPE FOR BLOCK OF 3 YEARS
|
All the members
(below the age of 60 years)
|
HOLDING COP
Total CPE Hours
required : 90 hrs
|
Not
holding COP
Total CPE Hours
required : 45 hrs
|
|
|
Holding
COP
(except all those members who are residing abroad)
|
Not
holding COP
(all
the members who are residing abroad whether holding COP or not)
| ||||||
|
All
the members who attained the age of 60 years during the calendar year 2011 ( i.e.
1.1.2011 to 31.12.2011 – both days inclusive)
|
Total CPE Hours required
: 70 hrs
|
Total CPE Hours required
: 35 hrs
| ||||||
|
All
the members who attained the age of 60 years during the calendar year 2012
(1.1.2012 to 31.12.2012- both days inclusive
)
|
Holding
COP
Total CPE Hours required
: 70 hrs
|
Not
holding COP
Total CPE Hours required
: 35 hrs
| ||||||
|
All
the members who attains the age of 60 years during the calendar year 2013
(1.1.2013 to 31.12.2013- both days inclusive)
|
Total CPE Hours required
: 70 hrs
|
Total CPE Hours required
: 35hrs
|
CPE ADVISORY on Structured Learning
Introduction
The CPE learning activities, which
are eligible for CPE Credit hours are divided into Structured Learning
Activities (SLAs) and Unstructured Learning Activities (ULAs). This Advisory is
meant as guidance and direction to the members who want to avail CPE Credit
hours through SLAs.Eligible Structured Learning Activities and CPE Credit Hours
The indicative list of eligible CPE Structured Learning
Activities and eligible CPE Credit hours thereof is as under:
|
Sl. No.
|
CPE Learning Activity
|
CPE Credit Hours
|
|
1.
|
CPE Programmes in the form of Conferences,
Seminars, Workshops, Modular Training Programmes, Refresher Programmes,
Certificate Courses, Conventions and Symposia organised by POUs
|
Time devoted to technical sessions (subject to a
maximum of 6 CPE hours per day)
|
|
2.
|
Participation in the activities of Study Groups
constituted by Council/Regional Councils/Central Committees of ICAI for
specific purposes provided that the terms of reference of such Study Groups
including the expected output are approved for eligibility by the Central CPE
Committee and also provided that the output of the Study Group is submitted
to the Central CPE Committee for granting of CPE credit.
|
Maximum of 2 hours per meeting per day subject to
a maximum of 6 CPE hours in total
|
|
3.
|
Publication of article in the ICAI Journal, ‘The
Chartered Accountant’.
|
4
|
|
4.
|
A member who acts as faculty in a CPE structured
programme/ act as Moderators of teleconferencing programmes
|
Twice the quantum of the
duration of the technical session
|
|
5.
|
Chairman of technical session(s) in CPE
structured programmes
|
Twice the quantum of the duration of the
technical session to be rounded off to the next whole number, if it is in
fraction.
|
|
6.
|
Members who participate in the CPE
Teleconferencing programmes
|
As allotted to the programme
|
|
7.
|
Members who participate in Working Groups/Study
Groups/ Technical Committees of the Government Departments / agencies or
regulatory bodies / authorities, professional bodies on application to the
CPEC by the member/Committee of the ICAI, as the case may be.
|
Two hours per meeting (subject to a minimum
meeting duration of two hours) per day
|
|
8.
|
Members who participate in technical discussions
in the Council/Technical Committees of the Institute
|
Upto six hours for the whole day, with a minimum
discussion of one hour per day and the Committee Chairman’s certification of
the duration of the discussion.
|
|
9.
|
Prepared technical books/material which has been
published by the Institute or technical books published by other publishers
|
8
|
|
10.
|
Vetted, reviewed, updated the background
material/technical material which has been published by the Institute
(including publications of ICAI but excluding material prepared
for seminars, conferences, programmes etc.)
|
4
|
|
11.
|
e-Learning Courses conducted and monitored by
ICAI and its Central Committees
|
Maximum of 3 CPE hours per e-Learning module on a
particular topic subject to a maximum of 6 hours per annum
|
|
12.
|
Preparation of article published in any
professional Journal/National News Paper/Regional language Paper
|
4
|
|
13.
|
Such other activities, as may be prescribed in
these regards from time to time, by the CPEC.
|
As recommended by the CPEC
|
CPE ADVISORY ON UNSTRUCTURED CPE LEARNING
ACTIVITIES-Unstructured CPE Learning Activities
Introduction
The CPE learning activities, which are eligible for CPE Credit
hours are divided into Structured Learning Activities (SLAs) and Unstructured
Learning Activities (ULAs). This Advisory is meant as guidance and direction to
the
members who want to avail CPE Credit hours through ULAs. The
indicative list of Unstructured CPE Learning Activities that are eligible for
CPE Credit hours is as follows:
The indicative list of Unstructured CPE Learning Activities that
are eligible for CPE Credit hours is as follows:
i. Self-learning modules and courses (use of audiotapes,
videotapes,correspondence courses, computer based learning programmes)
ii. Reading and individual home study
- Reading and Individual Home Study may constitute reading
articles in the Journal, ‘The Chartered Accountant’ of the Institute, reading technical,
professional, financial or business literature.
iii. Group or bilateral discussion on technical issues
iv. Acting as visiting faculty or guest faculty at the various
Universities /Management Institutions / Institutions of National Importance
v. Participation in CPE Teleconferencing Programmes without the supervision
of the POU
vi. Providing solutions to questionnaires / puzzles available on
Web /Professional Journals
Also note that
As members not in practice need not have
structured CPE learning, reading the aforesaid articles will contribute to the
annual requirement of 10 CPE hours.
For members in practice (i.e. COP holders), the
minimum of 20 hours a year is only from structured learning programs, so
reading the aforesaid articles will not qualify for the annual CPE requirement;
however, it will be eligible to meet the requirement of 90 CPE hours in 3 years.
Self Declaration Form and other details can be downloaded from
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