Sample Template Example of Penal Provisions of CPE Hours of ICAI in Word / Doc / Pdf Free Download
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For kind information of the members
Sub
: Penal provisions for the members of the
Institute who had not complied with their CPE Hours requirements for the block
period of 3 years (1-1-2015 to 31-12-2017)
In order to
function the system of mandatory CPE effective, the Council of the Institute of
Chartered Accountants of India has decided that the members who fail to comply
with their CPE Hours requirement for the current block of 3 years (1-1-2015 to 31-12-2017)
are appropriately sanctioned. Therefore, the Council of the Institute has
decided as under :
·
All
the members are required to complete their CPE hours requirements for the block
period of 3 years (1-1-2015 to 31-12-2017) by 31st December, 2017.
·
Any
shortfall in the CPE credit for the calendar years 2015, 2016 and 2017 should
be met by the members by 31st December, 2017.
·
The
names of the members who fail to comply with their CPE hours Requirements for
the block period of 3 years by 31st December, 2017 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.
The members are requested to note the above. The
members are also requested to comply with the CPE Hours requirements for the
current year by 31st December, 2017.
(Secretary, CPE Committee of ICAI)
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