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The Institute of Chartered Accountants of India has issued a notification u/s 15(2)(fa) of the Chartered Accountants Act, 1949 (as amended by the Chartered Accountants (Amendment) Act, 2022) regarding the “Statement on Continuing Professional Education, 2023.” The statement, introduced at the 426th Council meeting of ICAI, outlines the guidelines and requirements for members to complete their Continuing Professional Education activities. This initiative underscores ICAI’s commitment to maintaining high professional standards and encouraging continuous learning among its members
(i) Complete at least 40 CPE credit hours in each Calendar Year.
(ii) Complete minimum 20 CPE credit hours of structured learning during the calendar year.
(iii) Balance 20 CPE credit hours can be completed either through Structured or Unstructured learning (as per Member’s choice).
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