Deadline of Online Declaration form to claim 20 Unstructured CPE Hours for CY 2020

Deadline of Online Declaration form to claim 20 Unstructured CPE Hours for CY 2020 The Institute of Chartered Accountants of India (ICAI) issued an Online Declaration form to claim 20 Unstructured CPE Hours for the calendar year 2020. To claim the same you need to submit an Online Declaration form and claim 20 Unstructured CPE Hours for the calendar year 2020.

• Just visit Link.
• Login with your id (membership no.) & Password
• After login click on Submit ULA Online
• Fill in the details & Submit

Last Date to submit: 31st May 2021 “Please also refer to the CPE Advisory on Unstructured Learning Activities as hosted on the CPE Portal,” the ICAI said. All the members (aged less than 60 years) who are holding Certificate of Practice (except all those members who are residing abroad) are required to Complete at least 120 CPE credit hours in a rolling period of three-years. Complete minimum 20 CPE credit hours of structured learning in each calendar year. Balance 60 CPE credit hours (minimum 20 CPE credit hours in each calendar year) can be completed either through Structured or Unstructured learning (as per Member’s choice). All the members (aged less than 60 years) who are not holding Certificate of Practice; and all the members who are residing abroad (whether holding Certificate of Practice or not) are required to Complete at least 60 CPE credit hours either structured or unstructured learning (as per Member’s choice) in rolling period of three-years, Complete minimum 15 CPE credit hours of either structured or unstructured learning (as per member’s choice) in each calendar year. All the members (aged 60 years & above) who are holding Certificate of Practice, are required to Complete at least an aggregate of 90 CPE credit hours of either Structured or Unstructured Learning (as per member’s choice) in a rolling period of three years. Complete minimum of 20 CPE credit hours being an aggregate of either Structured or Unstructured Learning (as per member’s choice) in each calendar year.

What will happen if the CPE hours are not completed?

As per ICAI announcement if a member fails to complete his CPE hours requirement the names of the members with their CPE hours Requirements for the block period of 3 years 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.