{"id":749,"date":"2015-02-13T00:00:00","date_gmt":"2015-02-12T18:30:00","guid":{"rendered":""},"modified":"2015-12-31T11:11:17","modified_gmt":"2015-12-31T05:41:17","slug":"cep-requirements-for-cma-members-in-practice-and-industry","status":"publish","type":"post","link":"https:\/\/taxclick.org\/type\/miscellaneous\/cep-requirements-for-cma-members-in-practice-and-industry\/","title":{"rendered":"CEP requirements for CMA members in practice and industry"},"content":{"rendered":"

NOTIFICATION<\/strong><\/p>\n

 Kolkata, the 12th<\/sup> February, 2015<\/p>\n<\/p>\n

 <\/p>\n

Sub: CEP requirements for Members in
\nPractice\/Industry<\/strong><\/p>\n

 <\/p>\n

No.
\nCMA(2)\/2015: <\/strong>As advised by the Quality Review Board,
\nrecommended by the Members\u2019 <\/strong>Facilities & Services Committee and
\napproved by the Council at its 291st<\/sup> Meeting
\nheld on 30th<\/sup> January, 2015, the Institute is pleased to
\nannounce revised CEP requirements for members in practice & industry as
\nfollows:<\/p>\n

 <\/p>\n

For
\nmembers in practice, the existing duration of minimum CEP hours of 35 hours is
\nrevised to 50 hours in a block of three years, which is mandatory and for
\nmembers in industry, the minimum CEP hours, which is recommendatory, is revised
\nfrom 20 hours to 25 hours in a block of three years.<\/p>\n

 <\/p>\n

The above CEP hours
\nrequirement shall come into force from 1st<\/sup> April, 2015.<\/p>\n

 <\/p>\n

At least
\n50% of the CEP hours of the members should be in respect of the subjects
\npertaining to the topics of professional relevance for the member such as:<\/p>\n

 <\/p>\n

(i)  
\nRole
\nof CMAs in Risk Management <\/p>\n

(ii)  
\nForensic
\nAccounting <\/p>\n

(iii)  
\nDirect
\nTax Code <\/p>\n

(iv)  
\nCentral
\nExcise Valuation (Determination of Price of Excisable Goods) Rules, 2001 <\/p>\n

(v)  
\nVAT\n<\/p>\n

(vi)  
\nRole
\nof CMAs Audit in Health sector <\/p>\n

(vii)    
\nRole
\nof CMAs  in Education sector <\/p>\n

(viii)  
\nRole
\nof CMAs in Internal Audit <\/p>\n

(ix)  
\nRole
\nof CMAs in Banking sector <\/p>\n

(x)  
\nRole
\nof CMAs in Insurance sector <\/p>\n

(xi)  
\nRole of CMAs in Capital Markets <\/p>\n

 (xii)  
\nRole
\nof Independent Directors, Board members<\/p>\n

(xiii)  
\nValuation
\nof assets – Role of CMAs <\/p>\n

 <\/p>\n

 The above list is illustrative only and not an
\nexhaustive one.<\/p>\n<\/p>\n

  <\/p>\n

(Kaushik Banerjee)<\/p>\n

 Secretary (Acting)<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"

NOTIFICATION   Sub: CEP requirements for Members in Practice\/Industry No. CMA(2)\/2015: As advised by the Quality Review Board, recommended by the Members\u2019 Facilities & Services Committee and approved by the Council at its 291st Meeting held on 30th January, 2015, the Institute is pleased to announce revised CEP requirements for members in practice & industry … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[11],"tags":[142],"yoast_head":"\nCEP requirements for CMA members in practice and industry - All About Finance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/taxclick.org\/type\/miscellaneous\/cep-requirements-for-cma-members-in-practice-and-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CEP requirements for CMA members in practice and industry - All About Finance\" \/>\n<meta property=\"og:description\" content=\"NOTIFICATION   Sub: CEP requirements for Members in Practice\/Industry No. CMA(2)\/2015: As advised by the Quality Review Board, recommended by the Members\u2019 Facilities & Services Committee and approved by the Council at its 291st Meeting held on 30th January, 2015, the Institute is pleased to announce revised CEP requirements for members in practice & industry ... 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