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Subject: Organisation of Virtual CPE Meeting for grant of Structured CPE hours and extension of last date for online submission of self-declaration form for claiming unstructured CPE hours for calendar year 2019 till 30th June, 2020
Dear Member,
As all we know that entire world is traversing through the difficult phase due to Global pandemic Covid-19. It is quite challenging for professionals to keep them abreast with latest developments in their core competence area when physical gathering is not allowed. The Institute of Chartered Accountants of India (ICAI) through its Continuing Professional Education Directorate (CPED) has been working proactively to provide sufficient means and opportunities by which its Members maintain and update their knowledge and expertise with the recent advancements in existing and emerging areas of professional interest.
At ICAI, it has been felt that use of latest IT tools for providing Continuous Professional Education is the need of the hour. Therefore, ICAI has come up with the concept of Digital learning Hub and organization of Virtual CPE Meetings (VCMs) for grant of structured CPE hours so that our members may acquire contemporary knowledge and skills to face the challenges at professional front effectively simultaneously complying with the mandatory CPE hours requirement.
We are happy to inform that it has been decided that out of 20 hours Structured CPE hours which is mandatory to be completed by Members below 60 years holding COP, in each calendar year, 10 Structured CPE hours can be granted through online mode (either through Digital Learning Hub or through above Virtual CPE meetings including mandatory CPE hours on “Code of ethics” and “Standard on auditing”) till 30th June, 2020. To clarify, if a member has earned more than 10 Structured CPE hours through Digital learning Hub and/or VCMs till 30th June, 2020, for compliance purpose, only 10 Structured CPE hours will be credited.
It is pertinent to mention here that now it is mandatory to complete 2 Structured CPE Hours, each on the topics related to “Standards on Auditing” and “Code of Ethics” (total 4 Structured CPE Hours out of 20 Structured CPE Hours) during every Calendar year, from Calendar Year 2020 onwards in Online/Virtual mode for the Categories of members who are required to complete minimum 20 Structured CPE Hours in a Calendar year (COP Holder). This may be completed any time during the year.
It has also been decided to extend the last date for online submission of self-declaration form for claiming unstructured CPE hours for calendar year 2019 till 30th June, 2020 from 31st May, 2020.
We may further inform you that the updated status of CPE hours’ credits of respective member is available on CPE Portal under member’s login as per the attendance uploaded by the CPE POUs as on date. For viewing the status, members may login with their existing password or default credentials are as under:-
The User ID is Six Digit Membership Number
Default password: cpe+6 digit membership number.
Details of all forthcoming Virtual CPE Meetings (VCMs)/Webinars/Refresher Courses and CPE Hours Requirements for the block period 2020-2022, as applicable to various categories of members, are available at www.cpeicai.org. ICAI Digital Learning Hub may be accessed at https://eservices.icai.org/ .
We are confident that the above initiatives would bring in enormous value addition and knowledge enhancement amongst the members.
Stay Healthy! Stay Safe!
Regards
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