Share this page:

In accordance with the powers vested with the Council under proviso 4.1 of the Statement on Continuing Professional Education 1 The Council has decided to revise certain provisions of the Statement on Continuing Professional Education. The details of the revisions, which are effective from 1st January 2004 are as under:
  1. Para 11.2 of the Statement on Continuing Professional Education dealing with award of CPE credit has been revised as under:
    11.2 CPE Credit will be equal to the actual time spent on learning activity (subject to a minimum of two hours).
  2. Para 6.1 of the Statement on Continuing Professional Education dealing with the CPE Credit requirement on annual and triennial has been revised as under:
    6.1. All members in practice, except those referred to in para 6.3 below *, are required to obtain to their credit a minimum of 15 CPE hours during the calendar year 2004 and 20 CPE hours during the calendar year 2005.
  3. Para 6.2 of the Statement on Continuing Professional Education dealing with the CPE Credit requirement on annual and triennial has been revised as under:
    6.2 All members in service in industry, or engaged otherwise than in practice, are recommended to obtain to their credit a minimum 15 CPE hours during the calendar year 2004 and 20 CPE hours during the calendar year 2005.
  4. Para 2.9 of the Statement on Continuing Professional Education defining Triennial (block of three years) has been deleted.
1The full text of the Statement on Continuing Professional Education was published at page nos. 729 - 735 of the Chartered Accountants Journal's January 2003 Issue

* Of the Statement on Continuing Professional Education

    Quick Links