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Norms for ICAI CPE Study Groups

Written By Admin on Monday, 16 December 2013 | Monday, December 16, 2013

Norms for Formation of CPE Study Groups for limited purpose of participating in the CPE Teleconferences at places where CPE Study Circles or CPE Chapters cannot be formed


1. The members of the Institute of Chartered Accountants of India (hereinafter referred to as Institute) residing/ working in a particular geographical area may form CPE Study Groups with the approval of the Continuing Professional Education Committee (CPEC).

2. Seven  or  more  members  of  the  Institute  from  a  particular  geographical  area  of  the city/town from where there is no CPE Programme Organising Unit is situated may apply, in the approved format of application given as Appendix to this norms.

3. There should not be any other CPE Programme Organising Unit within the  radius of 50 kilometers from the place at which the CPE Study Group is being proposed to be formed.

4. The  application  shall  be  made  to  the  Continuing  Professional  Education  Committee through the Concerned Regional Council under whose geographical jurisdiction the city (in which the CPE Study Group that is being proposed to be formed) falls.  Advance copy of the Application may be sent to the Continuing Professional Education Committee.

5. The Study Group so formed shall be called (name of the City) CPE Study Group of (Concerned Regional Council).

6. Study Groups so constituted shall work under the guidance, supervision and control of the concerned Regional Council.  The responsibility for monito ring the participation by the CPE Study  Group  in  the  CPE teleconferencing  and  issue  of  CPE  Certificates  is  with  the concerned Regional Council under whose guidance, supervision and control, the proposed CPE Study Group will function.

7. CPE Study Groups shall not use the logo of the Institute on their letterhead or on any other communication.

8. CPE Study Groups would be required to elect every year a Convenor to look after the day - to-day affairs/activities  of  the  CPE  Study  Groups  who  would  also  be  responsible  fo r maintaining the accounts of the CPE Study Group.

9. The Study Groups are not eligible for any Grant or Financial assistance from the Institute of Chartered Accountants of India.

10. The Convenors shall be responsible for coordinating the CPE Teleconferences.

11. The address for communication of the Study Group will be that of the Convenor.

12. Study Groups shall not acquire any capital asset of their own.

13. Convenors  of  a  Study  Group  are  authorized  to  collect  the  CPE  Teleconferencing participation fees from the members to defray the cost of holding CPE teleconferences and other incidental charges.

14. The Convenors shall send the report of CPE Teleconferences to the concerned Regional Council within ten days of such CPE Teleconferences to enable them to issue the CPE participation certificates.

15. A member of a Study Group must be a member of the Institute of Chartered Accountants of India.

16. The Study Group shall not have their own rules and bye -laws registered under any other
Act or Rules/Regulations.

17. Members  of the  Study  Groups  will be eligible to get CPE Credit hours that would be announced by the CPE Committee for each CPE Teleconference.

18. The Convenor is required to upload the attendance of teleconferencing programme on the
CPE Portal within 10 days

19. If any Study Group is found to be working against the interest/policies of the Institute or its guidelines, the Study Group shall be de -recognized. The authority to de-recognize the Study  Group,  on  the  above grounds  vests  with  the  CPEC  in  consultation  with  the Chairman of concerned Regional Council.

20. The responsibility for ensuring financial propriety in the financial management of the Study Group and all other matters shall be that of the Convenor.

21. There should be no restrictions whatsoever placed by the Study Group on any members of the Institute wishing to become a member of the particular Study Group.

22. In the event of lack of clarity in any matter in the formation of Study Group or their administration, application  should be made to the CPEC, which is entrusted  with the responsibility for providing such clarification.



Appendix

Format of Application for seeking approval of the CPE Committee for forming a CPE Study Group




The Director (CPE)
Continuing Professional Education Directorate
The Institute of Chartered Accountants of India
PO Box No. 7100, Indraprastha Marg
New Delhi – 110 002

Date


Through: The Chairman,
          _____________India Regional Council of the Institute of Chartered Accountants of India.

Dear Sir,


Ref: Formation of CPE Study Group


We, on behalf of the members of the Institute of Chartered Accountants of India from.....................(name of the city) of Regional Council of the Institute,  whose  details  are  given  below,  desire  to  form  a  CPE Study  Group  under  the name………………………(Name of the City) CPE  Study Group of the ……………………………(Name of the Regional Council) of the Institute of Chartered Accountants of India.

We have read the Norms framed in this respect by the Institute and we shall abide by the same.

Mr. …………………………  has expressed his consent to be the first convener of the CPE Study Group.

We shall be pleased if the approval is granted at the earliest. Thanking you,
Yours Faithfully#,

Sl.No. Name Membership
                                Number                     Signature

#Note: Not less than seven members of the proposed CPE Study Group should sign.

Signatures with name and membership No. of the members to be verified by the concerned Regional Council.

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